Oil futures edged lower on Wednesday, extending losses from the previous day, after U.S. crude stockpiles grew more than expected, adding to worries about oversupply, although a fall in gasoline stocks kept the decline in check.
The U.S. government sees no loopholes in a new rule aimed at crimping global chip sales to China's Huawei and will "aggressively" crack down on any bid to disobey the intent of the curb, Commerce Secretary Wilbur Ross said on Tuesday.
Asian stocks were expected to come under pressure on Wednesday, as a spike in new coronavirus infections weighed on sentiment, although U.S. assurances that the China trade deal was intact and upbeat economic data provided some reasons for optimism.
SoftBank Group Corp is set to sell a portion of its stake in U.S. wireless carrier T-Mobile US Inc at US$103 per share to raise US$13.76 billion, a person familiar with the matter said on Tuesday.
WASHINGTON, DC: The US tech sector is likely to be hit hard by President Donald Trump's decision to extend a freeze on most immigrant visas, with critics saying the move could undermine American innovation and leadership. Trump this week said he would extend the ban through the end of...
WOLFSBURG,Germany: Volkswagen AG is in talks to acquire car French rental firm Europcar Mobility Group SA , in a deal that would allow the German car maker to better capitalize on its fleet, people familiar with the matter said on Tuesday (Jun 23). The acquisition would come as Europcar...
Volkswagen AG is in talks to acquire car French rental firm Europcar Mobility Group SA , in a deal that would allow the German car maker to better capitalize on its fleet, people familiar with the matter said on Tuesday.
China has not delivered on its 2013 reforms promises, but COVID-19 has now pushed it into a corner, former Australian prime minister Kevin Rudd says.
STANDARD Chartered Singapore on Tuesday said it will invest an additional sum of S$5 million to boost its talent development and re-skilling efforts.
BELEAGUERED payments provider Wirecard is required to keep customer funds arising from its Singapore business activities in banks here, said the Monetary Authority of Singapore (MAS) in a statement on Tuesday.
