South Korea was ordered to pay Lone Star Funds $216.5 million plus interest following a decade-long dispute over the US private equity firm’s...
South Korea was ordered to pay Lone Star Funds $216.5 million plus interest following a decade-long dispute over the US private equity firm’s...
New York: Snap Inc said on Wednesday it will lay off 20% of all staff and shut down projects, including mobile games and...
Toyota Motor Corp. pledged to invest up to 730 billion yen, or around $5.6 billion, to boost electric car battery production in Japan...
Paris: Cost-conscious French consumers are ditching fish, buying cheaper meat and snubbing organic food to save money on their shopping, the head of...
WASHINGTON: Boeing Co on Tuesday confirmed it has received an order for 787 Dreamliner aircraft from Taiwan’s China Airlines. "We are pleased that...
HONG KONG: US regulators have selected e-commerce giant Alibaba Group Holding Ltd and other US-listed Chinese companies for audit inspections starting next month,...
New York: Lawyers for Elon Musk and Twitter Inc. are sparring over how a whistle-blower’s accusations could affect the outcome of Musk’s proposed...
Toyota Motor Corp.’s global output sank for the fourth straight month as a shortage of semiconductors and supply chain disruptions caused by Covid...
New Delhi: Reliance Industries Ltd. will invest 2 trillion rupees ($25bn) to roll out its 5G services across India, its billionaire-chairman Mukesh Ambani...
WILMINGTON: Elon Musk has subpoenaed a Twitter Inc whistleblower, seeking documents and communications on the company's spam and alleged security vulnerabilities as the...
Stavanger: The world needs more oil and gas now to deal with an energy shortage while pushing to transition to renewable supplies, Tesla...
California: Trademark filings suggest that Apple Inc. may be staking claim to potential names for its highly anticipated mixed-reality headset, part of the...
Bitcoin appeared stuck around $20,000 on Sunday as part of a wider cryptocurrency-market retreat, amid concern about the Federal Reserve’s rate-hike path. The...
London: It’s starting to look like nothing can stop the British pound from sinking to new lows. With talk about inflation surpassing 18%...
California: Meta Platforms Inc. settled a long-running lawsuit that claimed Facebook illegally shared user data with the research firm Cambridge Analytica. The preliminary...
The biggest Balkans retailer and food producer, Fortenova, is said to be seeking a potential alternative buyer for Sberbank’s 43% stake in the...
New York: Cryptocurrencies mirrored global markets and declined after Jerome Powell warned against prematurely loosening policy, with Bitcoin dipping below the bottom end...
The Nasdaq led Wall Street sharply lower on Friday after Federal Reserve Chief Jerome Powell signaled the central bank would keep raising interest...