Bank of America profit falls on $2 billion impairment charge
Bank of America Corp , the second-largest U.S. bank by assets, reported a 21% fall in quarterly profit on Wednesday, hurt mainly by a $2...
Ride-hailing companies Uber, Lyft won’t testify before Congress: report
Uber Technologies Inc and Lyft Inc have declined to appear at a U.S. House of Representatives hearing on Wednesday on issues relating to the ride-hailing...
Huawei’s third-quarter revenue jumps 27% as smartphone sales surge
Huawei Technologies Co Ltd’s third-quarter revenue jumped 27%, driven by a surge in shipments of smartphones launched before a trade blacklisting by the United States...
UK watchdog opens formal probe of Amazon Deliveroo deal
Britain’s competition regulator said on Wednesday it had launched a formal investigation into Amazon.com Inc’s investment in food delivery company Deliveroo, setting a December 11...
Broadcom says EU antitrust order will not impact business, will challenge it
U.S. chipmaker Broadcom said on Wednesday that an EU antitrust order to halt certain business deals with six TV and modem makers will not have...
Exclusive: U.S. carried out secret cyber strike on Iran in wake of Saudi oil attack: officials
The United States carried out a secret cyber operation against Iran in the wake of the Sept. 14 attacks on Saudi Arabia’s oil facilities, which...
U.S. chipmaker Broadcom told to stop exclusivity deals till EU probe ends
U.S. chipmaker Broadcom has been ordered to halt exclusivity deals with six TV and modem makers for up to three years while EU antitrust enforcers...
Tokyo Olympic marathon to be moved to Hokkaido due to heat: IOC
The Olympic marathon and race walking events during Tokyo 2020 Games will be be moved to Japan’s northernmost island of Hokkaido from the originally planned...
Does Kim Jong Un’s sacred journey signal a policy shift?
Aides to Kim Jong Un are convinced the North Korean leader plans “a great operation”, state media said on Wednesday in a report that included...
BNY Mellon profit falls 7% on lower fees
Bank of New York Mellon Corp reported a 7% fall in quarterly profit on Wednesday, as the world’s largest custodian bank earned lower fees and...