Category: Business

With the passage of time, Americans are less familiar with two fatal Boeing 737 MAX crashes, but if they are made aware of those disasters, more than half say they would probably avoid the aircraft, according to a Reuters/Ipsos opinion poll. The poll results, released on Dec. 28, a day before the 737 MAX resumes […]

Tesla Inc will come to India early next year, country’s transport minister Nitin Gadkari told national daily the Indian Express on Monday. The electric-car maker will start with sales and then might look at assembly and manufacturing based on the response, the minister told here the newspaper. Tesla and the minister’s office could not be […]

Alibaba shares slumped 9% to their lowest since June on Monday, as the firm’s upsized $10 billion buyback programme failed to ease concerns about a regulatory crackdown on co-founder Jack Ma’s e-commerce and financial empire. A sharp sell-off over two sessions has knocked almost $116 billion off the tech giant’s Hong Kong-listed shares. The downward […]

The U.S. Securities and Exchange Commission’s approval of capital raisings through direct listings will be seized on by some startups, yet most companies will still opt for initial public offerings (IPOs), capital market insiders say. The financial regulator greenlighted the New York Stock Exchange’s request last week to allow companies to raise money in stock […]

Germany’s Delivery Hero will sell South Korean food delivery app Yogiyo as part of the conditions for regulatory approval of its $4 billion takeover of top South Korean food delivery app owner Woowa Brothers. The sale clears a major hurdle for Delivery Hero in gaining the dominant position in the world’s third-largest online food delivery […]

U.S. President Donald Trump on Sunday signed into law a $2.3 trillion pandemic aid and spending package, restoring unemployment benefits to millions of Americans and averting a federal government shutdown in a crisis of his own making. Trump, who leaves office on Jan. 20 after losing November’s election to President-elect Joe Biden, backed down from […]

Britain on Monday urged businesses to prepare for Brexit, just days before a transition period designed to smooth the UK’s departure from the European Union comes to an end. Britain and the EU clinched a trade deal on Thursday – one which preserves zero-tariff and zero-quota access to the bloc’s single market but which will […]