Intel Corp forecast full-year revenue above analysts' estimates on Thursday, helped by higher sales of its chips used in data centers that power internet-based services, sending its shares up 5per cent.
NEW YORK: Wall Street stocks finished mostly higher on Thursday (Jan 23), with the Nasdaq edging to a fresh record, despite worries over the coronavirus in China. Stocks opened solidly lower on worries the sickness could spread and dent the global economy. But sentiment shifted after the World ...
Chipmaker Broadcom Inc said on Thursday it has entered into two multi-year agreements with Apple Inc for the supply of wireless components used in its products.
HONG Kong investment bank AMTD Group and the financial services arm of Chinese tech giant Xiaomi have joined hands with Singapore Management University (SMU) and the National University of Singapore (NUS) to create a fintech training programme for entrepreneurs, senior executives and policymakers.
Insys Therapeutics founder John Kapoor was sentenced to 66 months in prison for his role in an opioid fraud scheme by a U.S. district judge in Boston on Thursday.
The S&P 500 ended slightly higher and the Nasdaq eked out a record high close on Thursday, helped by a jump in Netflix, while news about the coronavirus outbreak spreading from China and mixed earnings results kept a lid on the market.
Intel Corp forecast full-year revenue above analysts' estimates on Thursday, helped by higher sales of its chips used in data centers that power internet-based services, sending its shares up 5per cent.
VANCOUVER: The Canadian court tussle over the arrest of a Huawei telecoms executive was put in limbo on Thursday (Jan 23) when a judge adjourned the case that pits the United States against China. Washington is seeking extradition of Huawei chief financial officer Meng Wanzhou, who was arrested in...
Wells Fargo & Co's regulator on Thursday announced it had brought civil charges against eight former executives, including former Chief Executive Officer John Stumpf, marking the first federal action against individuals for their role in the bank's sales practices scandal.
Daimler on Thursday said it plans to build 50,000 Mercedes EQC electric cars this year, denying a report in Manager Magazin which claimed it had been forced to pare back its 2020 production targets due to battery supply problems.
