Intel on Tuesday said EU antitrust regulators got it wrong when they fined the chipmaker 1.06 billion euros ($1.2 billion) more than a decade ago for thwarting a British rival in a case that could affect Google and Qualcomm.
U.S. stock index futures jumped about 4% on Tuesday, clawing back dramatic losses recorded a day earlier on rising hopes for coordinated policy easing to avert a global recession from the coronavirus epidemic.
It's not too late for small- and medium-sized businesses to set up remote workforces, communicate with staff and prepare for a worsening coronavirus outbreak.
Leading U.S. airlines American and Delta suspended 2020 financial guidance on Tuesday and took drastic further measures to combat the impact of the coronavirus as the head of smaller rival Southwest took a 10% pay cut.
Oil prices jumped by around 8% on Tuesday a day after the biggest rout in nearly 30 years as investors eyed the possibility of economic stimulus and Russia signalled that talks with OPEC remained possible.
A worker at Apple Inc.'s European headquarters in Ireland has tested positive for coronavirus.
With the market's roller-coaster ride, long-term investors who have their money in retirement accounts should not panic. Rather, consider taking these proactive steps — some do's and don'ts — right now.
The Russian Energy Ministry has called a meeting with oil companies on Wednesday to discuss future cooperation with the Organization of the Petroleum Exporting Countries, among other issues, two sources familiar with the plan told Reuters.
Iraq is in touch with other OPEC+ members to discuss ways to stop an oil price collapse, the oil ministry said on Tuesday, adding that flooding markets was not in the best interest of producing countries.
Saudi Arabia said on Tuesday it would increase its crude oil supply to a record high, raising the stakes in its price war with Russia and effectively rejecting Moscow's overtures for new talks.
Oil prices jumped by around 4% on Tuesday after the biggest one-day rout in nearly 30 years, as investors eyed the possibility of economic stimulus, although a looming price war weighed on sentiment.
British insurance broker Aon Plc has accused the founder of Brazilian health and benefits insurance broker Admix of defrauding it when it acquired the company four years ago in a 1.35 billion reais ($300 million) deal, according to arbitration and court documents reviewed by Reuters.
At least a quarter of Iran's oil rigs are out of action as U.S. sanctions strangle the Islamic Republic's vital oil industry, according to a Reuters review of financial documents and industry sources, dealing a potentially long-term blow to its oil industry.
Margaret Bordelon can still feel the hands of the drunk man who tried to pull her in for a kiss at the end of his Uber ride last September in Lafayette, Louisiana.
"One of the things that really made things better today is this was a recognition that things have to be done. That was very reassuring," CNBC's Jim Cramer said Tuesday.