The air cargo market is unlikely to grow this year because of the challenges posed in the China market due to the coronavirus, a senior executive at Boeing Co said on Wednesday.
SoftBank Group Corp stock surged to its highest price in over half a year in Tokyo on Wednesday, after a U.S. federal judge rejected an antitrust challenge to the proposed takeover of subsidiary Sprint Corp by T-Mobile US Inc .
The Federal Trade Commission has issued special orders to five big tech companies - Alphabet Inc's Google unit, Amazon.com Inc , Apple Inc , Facebook Inc and Microsoft Corp - to provide information on mergers that were too small to report to antitrust regulators, the FTC said on Tuesday....
Indian automaker Mahindra & Mahindra will invest US$423 million to turnaround its struggling South Korean unit Ssangyong Motor Co and make it profitable by 2022, a senior company executive told reporters in Mumbai on Tuesday.
Google and the EU have a big day in court Wednesday as the search engine giant enters a new phase of a legal saga that began a decade ago.
Oil prices rose for a second day on Wednesday amid preliminary signs that new coronavirus cases are slowing in China, easing concerns over the demand impact from the disease in the world's second-largest oil consumer.
The world's largest oil traders are pouring hundreds of millions of dollars into climate-friendly projects - including wind farms, cow manure plants and blue hydrogen - as they seek to match the profits they make from trading oil.
Asian shares and Wall Street futures nudged higher on Wednesday amid hopes the worst of the coronavirus in China may have passed, although prevailing uncertainty about the outbreak has kept investors wary.
OTTAWA: Opposition to Huawei telecommunications equipment being deployed in fifth generation wireless networks in Canada is waning, the latest polling showed on Tuesday (Feb 11). Washington has warned against allowing the Chinese tech giant to supply critical parts of 5G infrastructure on national ...
NEW YORK: Wall Street continued to move higher on Tuesday (Feb 11) with two key US stock indices edging to record closes as fears ebbed that the viral outbreak in China would cause global economic disruption. The broad-based S&P 500 increased 5.66 points (0.17 per cent) to finish the session at...
