Crude prices edged up on Wednesday as investors covered short positions after three sessions of losses, even as fears deepened that the rapid spread of the coronavirus will lead to a global pandemic.
Artificial intelligence computing firm SambaNova Systems said on Tuesday it has raised $250 million in a funding round led by BlackRock Inc to expand its customer base, reflecting investors' appetite for the market.
Asian shares fell on Wednesday as a U.S. warning to Americans to prepare for the possibility of a coronavirus pandemic drove another Wall Street tumble and pushed yields on safe-haven Treasuries to record lows.
Asian shares fell on Wednesday as a U.S. warning to Americans to prepare for the possibility of a coronavirus pandemic drove another Wall Street tumble and pushed yields on safe-haven Treasuries to record lows.
Salesforce.com Inc said on Tuesday Keith Block has stepped down as co-chief executive officer, making Marc Benioff the sole CEO of the business software company, sending its shares down nearly 3% in extended trading.
Japan's Panasonic Corp is considering pulling out of solar cell production at Tesla Inc's plant in New York, said people with direct knowledge of the matter, raising uncertainty over the U.S. firm's struggling solar business.
Oil steadied on Tuesday as investors sought bargains after crude benchmarks slumped almost 4% in the previous session, although concerns about the coronavirus spreading out of China denting major economies and curbing fuel demand capped gains.
Southeast Asian ride hailer Grab is raising $706 million from Mitsubishi UFJ Financial Group Inc (MUFG) and $150 million from Japanese IT services firm TIS Inc , as it seeks to expand aggressively into financial services.
The emergency plans of UBS and Credit Suisse to deal with a financial crisis are effective, Switzerland's regulator FINMA said on Tuesday.
JPMorgan Chase & Co executives are unlikely to provide new financial targets at the bank's annual investor day on Tuesday, and instead will use the forum to showcase a clean-energy initiative, analysts said.
Boeing Co is close to a deal to supply more 787 Dreamliners to Japan's ANA Holdings Inc in what would be the U.S. planemaker's first commercial order announcement so far this year, industry sources said.
Britain's biggest retailer Tesco has completed its exit from China with the sale of a 20% stake in a joint venture to a unit of its state-run partner China Resources Holdings (CRH), raising 275 million pounds ($357 million).
Amazon.com Inc is bringing its cashier-less store technology to a larger stage.
Oil climbed on Tuesday as investors sought bargains after crude benchmarks slumped almost 4% in the previous session, although concerns about the coronavirus spreading out of China and curbing major economies and fuel demand capped gains.
Southeast Asia's Grab said Japan's Mitsubishi UFJ Financial Group Inc (MUFG) and IT services firm TIS Inc have agreed to invest a combined $856 million in the ride-hailing firm, as it seeks to expand aggressively into financial services.