Amazon files motion to halt Microsoft’s work on Pentagon’s JEDI contract
Amazon.com Inc on Wednesday said it filed a motion to pause the U.S. Department of Defense and Microsoft Corp from carrying out an up to...
Exclusive: Malaysia to buy more sugar from India to help resolve palm oil spat – sources
Malaysia’s top sugar refiner said it will increase purchases of the commodity from India, which according to two sources is part of efforts to placate...
Boeing delays 777X plane’s first test flight due to bad weather
Boeing Co said on Wednesday it was delaying 777X airplane’s first test flight, which was scheduled to take place on Thursday, due to bad weather....
Australia’s Westpac hires former Barclays chairman to tide over crisis
Australia’s Westpac Banking Corp on Thursday named a former Barclays boss as chairman, entrusting veteran banker John McFarlane to help steer it through the fallout...
Oil falls for third day amid growing concern over China virus
Oil prices fell to their lowest in seven weeks on Thursday on concerns that the spread of a newly identified respiratory virus from China may...
Activist hedge fund Elliott sells stakes in Hyundai Motor companies: paper
Elliott Management sold all its shares in Hyundai Motor Group companies last year after it was thwarted in its campaign for huge special dividends and...
Asian shares wilt, oil tumbles as China virus spreads
Asian shares and U.S. stocks fell on Thursday as investors remained anxious about the spread of a new flu-like virus in China just as millions...
Yen firm over China virus concern; Aussie jumps on jobs data
The safe-haven Japanese yen was firm and the Chinese yuan fragile on Thursday as traders kept a wary eye on the spread of a virus...
PG&E strikes deal with creditors over restructuring
Bankrupt California power producer PG&E Corp said on Wednesday it had reached a deal on its restructuring with creditors, who were pushing for a rival...
ECB to launch review that will redefine its mission and tools
European Central Bank President Christine Lagarde is set to launch a broad review of its policy on Thursday that is likely to see her redefine...