investors

European shares drop as policymakers seek to tame hot inflation

European shares dropped on Monday, while bond yields surged as comments from central bank policymakers heightened fears of aggressive measures…

3 years ago

EXCLUSIVE EU will not appeal court ruling against $991 mln Qualcomm fine – sources

EU antitrust regulators will not appeal a court ruling scrapping its 997-million-euro ($991 million) fine against U.S. chipmaker Qualcomm (QCOM.O) because it…

3 years ago

Sony to buy mobile game developer in push beyond consoles

Sony Group Corp (6758.T) on Monday said it will acquire Helsinki and Berlin-based mobile games business Savage Game Studios for an undisclosed…

3 years ago

BNPL lender Affirm’s shares tumble after gloomy full-year revenue forecast

Shares of Affirm Holdings Inc (AFRM.O) tumble 13% in premarket trading on Friday after the buy-now-pay-later lender's full-year revenue forecast missed Wall…

3 years ago

Musk’s SpaceX and T-Mobile plan to connect mobile phones to satellites, boost cell coverage

U.S wireless carrier T-Mobile US Inc (TMUS.O) will use Elon Musk-owned SpaceX's Starlink satellites to provide mobile users with network access in…

3 years ago

EXCLUSIVE Chinese defence firm has taken over lifting Venezuelan oil for debt offset -sources

China has entrusted a defence-focussed state firm to ship millions of barrels of Venezuelan oil despite U.S. sanctions, part of…

3 years ago

India’s digital lending rules spark disruption, firms plan pushback

India's stricter digital lending rules have disrupted card services of foreign-backed fin-tech firms and jeopardised loan offerings of Amazon, prompting…

3 years ago

FedEx missteps fuel contractor’s crusade as pandemic delivery boom fades

Package carrier FedEx Corp (FDX.N) is facing a threat from an unusual source - one of its biggest delivery contractors.

3 years ago

Singapore’s Grab says ‘laser-focused’ on profitability after bumper quarter

Singapore's Grab Holdings Ltd on Thursday lifted the lower end of its revenue forecast for the year and said it…

3 years ago

Canada’s TD, CIBC profits beat estimates; loan growth offsets higher costs, provisions

Toronto-Dominion Bank (TD.TO) and Canadian Imperial Bank of Commerce (CM.TO) posted better-than-expected third-quarter profits on Thursday, with the former driven by lower provisions for…

3 years ago