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Gold eases on doubts over US stimulus passage
BENGALURU: Gold prices inched lower on Monday due to concerns that a massive economic stimulus in the United States may not be passed smoothly, although a weaker dollar limited bullion's losses.
House seen backing bill that could block Chinese firms from US securities markets
WASHINGTON: The U.S. House of Representatives is expected to pass legislation this week that could prevent some Chinese companies from listing their shares on U.S. exchanges unless they adhere to U.S. auditing standards, congressional aides said on Tuesday.
Insight - Life after lockdown: The Sinatra way
COVID-19 is here to stay. Despite efforts globally to stop it, the pandemic has continued to spread.
Netflix’s Reed Hastings conquered Hollywood with power point presentation
ABOUT three years ago, Reed Hastings set out to answer a question that had bedeviled Hollywood for the past decade: How did a small DVD-by-mail company build the most popular TV service in the world?
Insight - The EU’s Tobin tax is being resurrected
WHEN the European Union (EU) first suggested a tax on financial transactions a decade ago, the idea was savaged by banking lobbyists and nixed by many of the bloc’s members.
NY court subpoenas Etihad, Fitch in US$1.2bil debt battle
DUBAI: A New York court has sent subpoenas to Etihad and ratings agency Fitch this week seeking a document at the centre of a battle over US$1.2bil in debt issued by the Abu Dhabi carrier and airlines it partly owned, according to legal documents reviewed by Reuters.
New York court subpoenas Etihad, Fitch in US$1.2b debt battle
DUBAI: A New York court has sent subpoenas to Etihad and ratings agency Fitch this week seeking a document at the centre of a battle over $1.2 billion in debt issued by the Abu Dhabi carrier and airlines it partly owned, according to legal documents reviewed by Reuters.
What happens when a loan is more than the price of foreclosed house?
Developers have been using an overall headline price in the sale and purchase agreement (SPA) as opposed to the real price.
Tencent wins on lockdown gaming boom
HONG KONG: High demand for video games during Covid-19 lockdowns buoyed Tencent Holdings’ first-quarter revenue and profits, with blockbuster games PlayerUnknown’s Battlegrounds Mobile and Honor of Kings helping it beat forecasts.
A piece of the moon for sale: just US$2.5mil
LONDON: One of the world's largest lunar meteorites goes on private sale at Christie's on Thursday, valued at 2 million pounds ($2.49 million).
