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China's Hikvision directors under investigation over disclosures

Chinese surveillance equipment manufacturer Hikvision said regulators were investigating two of its directors for allegedly violating disclosure rules, piling more pressure on a firm which is on a U.S. blacklist.



6 years ago

SoftBank's Yahoo Japan confirms merger talks with Line, shares jump

SoftBank's Yahoo Japan, one of Japan's top internet firms, confirmed it is in talks to merge with Line Corp , a $27 billion union that would bring the messaging app operator under the SoftBank umbrella in a major tech shake-up.



6 years ago

Stocks in cautious ranges ahead of China data, trade talk hopes fade

Asian stocks clung to tight ranges on Thursday as investors awaited key Chinese data for clues on how much the 16-month trade war between Beijing and Washington has hit growth in the world's second-largest economy.



6 years ago

Reuters poll: Trade truce unlikely in 2020 but U.S. recession fears recede - economists

The U.S.-China trade war is unlikely to see a permanent truce over the coming year, and while concerns have eased over a U.S. recession, an economic rebound is also not expected any time soon, according to a Reuters poll of economists.



6 years ago

Uber launches new safety features in UK as it fights for new license

Uber launched a set of new safety features in Britain on Thursday as it battles to retain its taxi operating license in the face of concerns about passenger safety.



6 years ago

WeWork losses widen to $1.25 billion amid record office space expansion

The We Company, owner of WeWork, said on Wednesday net losses in the third quarter more than doubled to $1.25 billion as the money-losing shared-office operator added a record number of desks to its global network but was unable to control rising costs.



6 years ago

Cisco forecast disappoints as global worries weigh on client spending

Cisco Systems Inc on Wednesday forecast second-quarter revenue and profit below expectations as increasing global economic uncertainties kept clients away from spending more on its routers and switches.



6 years ago

Billionaire Hikvision director named in Chinese disclosure probe

China's securities regulator is investigating one of the country's richest men for alleged violation of disclosure rules as a director of surveillance camera giant Hikvision , the company said.



6 years ago

Asian stocks retreat as China's growth slowdown deepens

Asian stocks fell on Thursday after soft Chinese economic data showed the trade war between Beijing and Washington hitting growth in the world's second-largest economy.



6 years ago

Global miner BHP taps Australia head Henry as new CEO

BHP Group Ltd on Thursday named its Australian head Mike Henry to succeed Andrew Mackenzie as the miner's chief executive, shunning calls from some investors for fresh blood from outside the Anglo Australian giant.



6 years ago

Factbox: New BHP CEO Henry to drive efficiencies, focus on social license

Global miner BHP Group Ltd on Thursday appointed 16-year company veteran Mike Henry as its new chief executive from Jan. 1 next year, replacing Andrew Mackenzie.



6 years ago

Warren lashes out at Goldman over Apple Card bias claims: Bloomberg

U.S. Senator Elizabeth Warren questioned Goldman Sachs's response to allegations of bias in how the bank evaluates applicants for Apple Inc's credit card, suggesting it should pull down the algorithm if it cannot be explained, Bloomberg reported on Wednesday.



6 years ago

Icahn pushes for Xerox-HP merger: WSJ

Activist investor Carl Icahn is pushing for the proposed merger of Xerox Corp and HP Inc , arguing that a union of the printer makers could make big profits for investors, the Wall Street Journal reported on Wednesday.



6 years ago

Southwest pilots union says Boeing may be trying to hasten 737 MAX return

The head of the Southwest Airlines Co pilot union Wednesday sharply criticized Boeing Co and questioned whether the manufacturer was trying to speed up the timeline for the 737 MAX's return to service.



6 years ago

Too old to get rich? No way, if you follow these 7 tips for starting a business

Starting a business at any age is a lot of work and a lot of hours. But there's one thing that should not stop you: your age.

6 years ago