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NEW YORK: Online brokerage Robinhood Markets Inc, which helped enable the "meme stock" frenzy earlier this year and later attracted flak for its handling of the trading mania, is facing pushback on social media forums against its initial public offering
FRENCH-Italian chipmaker STMicroelectronics NV is ramping up spending on new semiconductor capacity after a supply chain breakdown disrupted the automotive industry and piled pressure on the company to boost output.
KUALA LUMPUR: The world's top producers of palm oil, Indonesia and Malaysia, are looking to join forces for the first time to run an advocacy campaign in Europe, where increasingly tight regulations are threatening sales in their third biggest market.
MUMBAI: Two of India’s richest men have landed in an unlikely controversy over farming laws, becoming targets of protesters who allege the tycoons have benefited from their close links to Prime Minister Narendra Modi.
NEW YORK: Oil prices slipped from multi-month highs to end more than 1% lower on the first trading day of the year after OPEC+ failed to decide on Monday whether to increase output in February and agreed to meet again on Tuesday.
WASHINGTON: President Donald Trump threatened on Tuesday to not sign an $892 billion coronavirus relief bill that includes desperately needed money for individual Americans, saying it should be amended to increase the amount in the stimulus checks.
SHANGHAI: Huawei Technologies Co., the telecom giant at the center of U.S.-China tensions, said it has "sufficient” inventory for its communications equipment business while it seeks out supplies of smartphone chips that have been cut off by a Trump administration ban.
Boycotting Goodyear? As the Economist’s Jon Fasman put it: “Goodyear is an Akron-based company that employs 64,000 people. “Urging a boycott seems an odd strategy for someone who wants to win Ohio.”