SoftBank CEO tells U.S. investors he’ll be more careful
SoftBank Group Corp Chief Executive Masayoshi Son, under pressure from hedge fund Elliott Management to rein in his mercurial investment style, turned on the charm...
Global shares extend rebound on hopes of G7 support
Global shares and oil prices extended their rebound on Tuesday on mounting speculation policymakers around the world would move to ease the economic fallout from...
Tencent extends warranty for Nintendo Switches in China as virus hits sales
Chinese tech giant Tencent said on Tuesday it would extend warranty for Nintendo Switches purchased in China via official channels before March 31 by six...
Musk tweets support for Dorsey remaining as Twitter CEO
Elon Musk said late on Monday he supported Jack Dorsey remaining as Twitter Inc’s chief executive officer, two days after reports that activist investor Elliott...
GFL raises $1.4 billion in IPO amid volatile markets
GFL Environmental Inc on Monday raised about $1.4 billion in its initial public offering, pricing it below the target range in a conservative step to...
Facebook pulls out of South by Southwest festival over coronavirus fears
Facebook Inc is pulling out of this year’s South by Southwest (SXSW) music and tech festival over growing concerns about the coronavirus outbreak, a spokesperson...
Oil rises a second day as stimulus hopes, expected OPEC cuts offset virus
Oil prices rose for a second day on Tuesday on expectations that central banks are likely to enact financial stimulus to offset the impacts of...
Top central banks appear primed to act to combat coronavirus risk
The world’s top three central banks look set to take steps to limit the economic damage from the fast-spreading coronavirus, with the heads of the...
Chevron offering U.S. workers buyouts to trim staffing: sources
Chevron Corp is offering buyouts to reduce its U.S. oil exploration and production workforce, three sources told Reuters, as the oil major moves to cut...
Google’s self-driving sister, Waymo, gets first outside investors
Waymo, the self-driving unit of Alphabet Inc , said on Monday it had raised $2.25 billion in its first external investment round and expects to...