February 4, 2020

AirAsia CEO Fernandes and chairman step aside as Airbus bribery allegations probed

AirAsia Group CEO Tony Fernandes and Chairman Kamarudin Meranun will step aside for at least two months while the airline and authorities investigate allegations Airbus paid […]
February 4, 2020

Shares of AirAsia, AirAsia X fall after CEO, chairman step aside

Shares of budget airline AirAsia Group and its long-haul subsidiary, AirAsia X , fell in early trade on Tuesday after the group’s CEO Tony Fernandes and […]
February 4, 2020

California lawmaker introduces bill to make PG&E a publicly owned utility

A California lawmaker has introduced a bill aimed at making PG&E Corp a publicly owned utility, a year after liabilities from wildfires traced back to some […]
February 4, 2020

Huawei, ZTE urge U.S. not to impose national security risk labels

Huawei Technologies Co Ltd and ZTE Corp on Monday both asked the U.S. Federal Communications Commission (FCC) not to finalize its designation of the China tech […]
February 4, 2020

Asia shares fragile amid China worries, oil sinks

A fragile calm gripped Asian shares on Tuesday as investors waited anxiously to see if Beijing could stem the rout in Chinese assets, while oil hit […]
February 4, 2020

Tesla up 20% after Panasonic posts first quarterly profit at battery business

Tesla Inc’s stock surged 20% on Monday in its largest one-day gain since 2013, fueled by a quarterly profit at Panasonic’s battery business with the U.S. […]
February 4, 2020

Panasonic shares soar on profit at U.S. battery business with Tesla

Shares of Panasonic Corp jumped more than 8% in early Tuesday trade after the Japanese electronics conglomerate the previous day reported its first quarterly profit at […]
February 4, 2020

Wall Street rebounds from virus fears, helped by factory strength and tech stocks

U.S. stocks rallied on Monday, boosted by heavyweight technology shares and on surprise strength in U.S. manufacturing activity, following a sharp selloff last week on concerns […]
February 3, 2020

Alphabet shares fall as Google misses on sales, debuts YouTube revenue

Google-parent Alphabet Inc’s worst fourth-quarter revenue growth since 2015 sent shares down nearly 5% on Monday, overshadowing the disclosure for the first time of YouTube advertising […]
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