Nasdaq Inc is set to unveil new restrictions on initial public offerings (IPOs), a move that will make it more difficult for some Chinese companies to debut on its stock exchange, people familiar with the matter said on Monday.
BURBANK, California: Walt Disney Co's top streaming executive, Kevin Mayer, will leave the entertainment and theme parks giant to become the chief executive officer of TikTok, the popular video app owned by China's ByteDance Technology Co, the companies said on Monday (May 19). Mayer led the ...
The U.S. Securities and Exchange Commission (SEC) on Monday said it settled charges against three former KPMG LLP audit partners stemming from a cheating scandal at the firm.
The industry might seem unstoppable in this crisis, but ultimately it will be curbed, says the Financial Times’ Rana Roroohar.
NEW YORK: Wall Street stocks rocketed higher Monday following positive news on the first clinical tests of a coronavirus vaccine, lifting shares of airlines, hotels and other beaten-down sectors. The Dow Jones Industrial Average surged 911.95 points (3.85 per cent) to 24,597.37. The broad-based S ...
Moderna Inc's experimental COVID-19 vaccine, the first to be tested in the United States, produced protective antibodies in a small group of healthy volunteers, according to very early data released by the biotech company on Monday.
Dutch bank NIBC Holding NV said late on Monday it has agreed to pay its 2019 dividend to its proposed buyer, U.S. equity firm Blackstone Group Inc , before the deal settles, in order to remove one hurdle to the proposed 1.36 billion-euro (US$1.47 billion) takeover.
Chinese search engine giant Baidu Inc forecast second-quarter revenue above expectations after beating earnings estimates, as the world's second-largest economy reopens after lockdowns imposed to curb the spread of the coronavirus.
(Reporting by Munsif Vengattil in Bengaluru; Editing by Sriraj Kalluvila)
Jet manufacturers and airlines are launching an urgent initiative to convince nervous travelers that the air they breathe on planes is safe, believing this is critical to rebuilding a travel industry floored by the novel coronavirus.
