February 6, 2020

Stocks rally, safe-haven currencies drop, on China plan to cut tariffs

World equity markets rallied for a fourth day on Thursday, with key stock indexes touching fresh peaks, as news that China plans to cut tariffs in […]
February 6, 2020

Oil prices flat; OPEC+ mulls supply cut as virus hits demand

Oil futures gave up early gains and settled narrowly mixed on Thursday, as OPEC and its partner Russia gave mixed signals about possible further output cuts […]
February 6, 2020

Musk’s SpaceX plans IPO for Starlink business

Elon Musk’s SpaceX plans to list its space internet venture, Starlink, but not for several years, a company official told Reuters on Thursday. Powered by WPeMatico
February 6, 2020

Airbus posts strong January orders, delivers 31 jets

Airbus posted its biggest January order haul in at least 15 years on Thursday as it booked a major leasing order that has been in the […]
February 6, 2020

BlackRock looks for middle ground on shareholder resolution reforms

BlackRock Inc has cited both the value and costs of shareholder proposals in a long-awaited letter to regulators weighing reforms to the proxy process, effectively looking […]
February 6, 2020

Elliott Management builds stake in SoftBank: sources

Activist investor Elliott Management Corp has amassed a stake in SoftBank Group and is discussing ways it could boost the value of the Japanese conglomerate, people […]
February 6, 2020

Twitter notches first $1 billion quarterly revenue, beating estimates; shares jump

Twitter Inc pulled in $1 billion in quarterly revenue for the first time on Thursday, beating expectations as efforts to make its platform more user-friendly brought […]
February 6, 2020

Canadian agency asks federal court to declare Facebook contravened privacy law

Canada’s privacy commissioner asked a federal court to declare that Facebook had broken federal privacy law for the private sector, according to a notice of application […]
February 6, 2020

EU regulators to investigate EssilorLuxottica’s 7.2-billion-euro Dutch deal

EU antitrust regulators opened on Thursday an in-depth investigation into Ray-Ban maker EssilorLuxottica’s 7.2 billion euro bid for Dutch opticians group GrandVision , saying the deal […]
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