Taiwan Semiconductor Manufacturing Co Ltd (TSMC) and smaller contract chipmaking rival GlobalFoundries Inc on Monday agreed to dismiss all patent litigations between themselves and those that involve their customers.
General Motors Co , Toyota Motor Corp , Hyundai Motor Co , Fiat Chrysler Automobiles NV and other major automakers are siding with the Trump administration in its bid to bar California from setting its own fuel efficiency rules or zero-emission vehicles requirements.
Google parent Alphabet Inc reported quarterly results on Monday that show costs continue to rise faster than revenue as the web search leader seeks to broaden its business, dampening Wall Street's enthusiasm despite Google's continued dominance in advertising sales.
Oil prices edged lower in quiet trade on Tuesday as concerns about slower economic growth overshadowed signs of a thawing in the trade war between Washington and Beijing, while investors awaited U.S. inventory data.
Asian shares scaled a three-month high on Tuesday after Wall Street hit all-time peaks amid hopes of progress in Sino-U.S. trade talks and for another dose of policy stimulus from the Federal Reserve this week.
Shares of bankrupt California power utility PG&E Corp extended losses on Monday as investors worried that its equipment might be responsible for wildfires spreading in northern California.
Australia's consumer regulator filed a lawsuit against Alphabet Inc's Google on Tuesday, alleging it misled consumers about how it was collecting, storing and using personal location data.
Oil prices slipped on Tuesday as investors awaited U.S. crude inventory data for a pointer on oil demand trends, while concerns about slower economic growth overshadowed signs of a thawing in the trade war between Washington and Beijing.
California regulators said on Monday they will open a formal probe of whether utilities violated any rules by cutting power to millions of residents for days as a precaution during recent periods of high winds and heightened wildfire risks.
Asian shares rose to a three-month peak on Tuesday after Wall Street hit all-time highs amid hopes of progress in Sino-U.S. trade talks and for another dose of policy stimulus from the Federal Reserve this week.
Japan's tax authorities have determined former Nissan Motor Co Ltd boss Carlos Ghosn used company money for private use, bolstering the automaker's case that he diverted corporate funds for personal gain, the Yomiuri reported on Tuesday.
China should ease regulations so that foreign financial institutions can obtain licenses and raise deposits more easily in the country, a senior executive from HSBC said on Sunday.
China is studying the application of blockchain and artificial intelligence in cross-border financing with a focus on risk management, and will further liberalize its capital markets, a senior foreign exchange regulator said on Sunday.
Top representatives at IG Metall, Germany's biggest union, will not approve a sale of Thyssenkrupp's prized elevator division unless potential buyers give far-reaching concessions to employees, they said.
UBS wants Iqbal Khan, co-head of its wealth management business, to drop his criminal complaint over a spying scandal that emerged after he left cross-town rival Credit Suisse , the SonntagsZeitung newspaper reported on Sunday.