Oil unchanged after overnight losses amid caution over trade talks
Oil prices were unchanged on Thursday, holding on to most of their losses from the previous session, on worries that a long-awaited interim deal to dial back a crippling U.S.-China trade war could be delayed.
Factbox: How the SEC is making life easier for corporate America
Under the Trump administration, the Securities and Exchange Commission (SEC) has taken more than two dozen measures – including trimming rules – that make life easier for corporate America, according to a Reuters analysis of SEC announcements and inter…
Alphabet expects to complete probe of sexual misconduct claims by next month
The board of Google parent Alphabet Inc expects to complete by next month an investigation into the company’s handling of sexual harassment and other misconduct complaints against current and former executives, according to a filing in state court las…
Qualcomm’s 5G phone forecast for 2020 could include iPhones: analysts
Qualcomm Inc said on Wednesday it expected 200 million 5G smartphones to be sold in 2020, including flagship devices launching next fall, a reference Wall Street took as a hint that Apple Inc would offer the faster technology next year.
Roku quarterly net loss widens, shares plunge
U.S. video streaming service Roku Inc reported a wider net loss in the third quarter on Wednesday, as it spent more to attract subscribers to its video streaming platform.
SoftBank Group shares slide over 4% after massive quarterly loss
Shares of SoftBank Group fell more than 4% in early trade on Thursday after the Japanese conglomerate reported a $6.5 billion quarterly loss, its first such loss in 14 years, dragged down by a massive hit at its giant Vision Fund.
Asia stocks camp near peaks as trade talks drag on
Asian shares paused near multi-month peaks on Thursday while bonds eked out a bounce as reports of delays in sealing a preliminary Sino-U.S. trade deal left investors frustrated at the lack of concrete progress.
Alphabet board probes company’s handling of sexual misconduct allegations
The board of Google parent company Alphabet Inc is investigating executives’ handling of sexual harassment and other misconduct claims, and expects to complete its probe by early December, according to a recent court filing.
GoDaddy shares surge on biggest buyback plan
GoDaddy Inc on Wednesday announced its biggest ever share buyback of $500 million and reported a 12% rise in quarterly revenue as the web hosting company earned more per user, sending its shares up 10% in extended trading.
Italian PM says ArcelorMittal wants mass layoffs, govt rejects demand
Steel giant ArcelorMittal wants to cut 5,000 jobs in Italy because of low production levels at its Taranto plant, Italian Prime Minister Giuseppe Conte said on Wednesday, denouncing the plan as “unacceptable”.
