business

Oil rebounds after biggest drop in decades at start of year

Oil rebounded on Thursday after posting the biggest two-day loss for the start of a year in three decades with…

3 years ago

Sony, Honda roll out prototype of ‘Afeela’ EV that uses Qualcomm tech

Japan's Sony on Wednesday unveiled a prototype of the new "Afeela" electric vehicles it will build together with Honda, saying it…

3 years ago

Salesforce to cut 10% of workforce after hiring “too many people”

Salesforce Inc said it plans to cut jobs by 10% and close some offices, after rapid pandemic hiring left it…

3 years ago

FTX says Bahamas regulators hold $296 million, not $3.5 billion of company’s assets

FTX on Friday disputed claims by the Securities Commission of the Bahamas (SCB) that the regulator was holding $3.5 billion of the…

3 years ago

Exclusive: Tokyo Gas unit nears $4.6 billion deal to buy U.S. natgas producer

A unit of Tokyo Gas Co Ltd is in advanced talks to buy U.S. natural gas producer Rockcliff Energy from private…

3 years ago

Oil falls again as worries grow over global economy, China COVID cases

Oil edged lower on Wednesday after slumping in the previous session, weighed down by concerns about weak demand due to…

3 years ago

Analysis: Macau casinos deal themselves a tough hand with big non-gaming investment pledges

As casinos in Macau begin new licenses to operate in the world’s biggest gambling hub on Jan. 1, the stakes…

3 years ago

Exclusive: Tesla makes China boss highest-profile executive after Musk

Tesla Inc's China chief Tom Zhu has been promoted to take direct oversight of the electric carmaker’s U.S. assembly plants as…

3 years ago

Bank of Japan makes surprise policy tweak

The Bank of Japan has slightly loosened the shackles on its 10-year yield target and said it will review the operation of…

3 years ago

U.S. lawmakers include ban on TikTok on government devices in spending proposal

U.S. lawmakers early Tuesday included a proposal to bar federal government employees from using Chinese app TikTok on government-owned devices in a…

3 years ago