Markets

Hedge fund Elliott Management Corp has amassed a stake in Twitter Inc and is pushing for changes, including removal of the social media company's chief executive, Jack Dorsey, two people familiar with the matter said on Friday.

Activist hedge fund Elliott Management, which often pushes technology companies to improve operations, has built a stake in Twitter Inc and is pushing for changes, including removing the chief executive officer, two people familiar with the matter said on Friday.

BEIJING: China's manufacturing activity fell to its lowest level on record in February as official data on Saturday (Feb 29) confirmed the massive damage the deadly coronavirus epidemic has caused to the world's second-largest economy. The announcement comes as the epidemic has rapidly spread to a ...

Activist hedge fund Elliott Management has built a stake in Twitter inc and is pushing for changes, a person familiar with the matter said on Friday.

The Trump administration on Friday said it would focus on concluding trade agreements with Britain, the European Union and Kenya over the coming year, while strictly enforcing trade laws and pushing for a broader reset of the World Trade Organization.

North Korean leader Kim Jong Un warned top party officials of the "serious consequences" of failing to prevent an outbreak of the new coronavirus in the country, state media reported Saturday.

Harley-Davidson Inc Chief Executive Officer Matthew Levatich stepped down on Friday after failing to boost U.S. sales of its iconic motorcycles.

Trump administration officials have rescheduled for March 11 a critical meeting to discuss potential new U.S. restrictions on sales of technology to Huawei and China, people familiar with the matter said.

Wall Street stocks suffered another downbeat session on Friday (Feb 28) to conclude the worst week since the 2008 financial crisis amid worries the coronavirus will derail global economic growth.

The steep market drop triggered by the global coronavirus outbreak has led many companies to hit the 'pause' button on mergers and acquisitions (M&A), sabotaging the hopes of corporate advisers who expected a dealmaking bonanza this year.