U.S.-listed online travel giant Ctrip is talking to banks about a planned secondary listing in Hong Kong, putting the group at the head of a queue of Chinese companies expected to follow Alibaba in establishing an investor base closer to China.
The idea of imposing a wealth tax on the richest Americans has elicited sharply divergent views across a spectrum of politicians, with President Donald Trump branding it socialist and progressive Democratic presidential contenders Senators Elizabeth Warren and Bernie Sanders prominently endorsing it.
Italy's biggest commercial broadcaster Mediaset holds a shareholder meeting on Friday over governance changes needed to enable a pan-European expansion plan, which its second-largest investor Vivendi is fighting in court.
Italy's Mediaset on Friday won shareholder approval for governance tweaks needed to smooth a pan-European expansion plan despite opposition from its second-biggest investor Vivendi, which is fighting the project in court.
The International Olympic Committee has to connect with hundreds of millions of gamers worldwide if the Olympic body is to remain relevant with the younger generation, IOC President Thomas Bach said on Friday.
Carmakers Daimler BMW Audi and Jaguar Land Rover released annual sales figures for their premium brands.
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Here are some companies who have expressed plans to IPO in 2020, as well as a few that are speculated to be gearing up for a public offering. Continue reading
Oil edged lower on Friday, set for its first weekly loss since late November, erasing the week's risk premium added since a U.S. drone strike killed a top Iranian general as investors focused on rising U.S. inventories and other signs of ample supply.
World stocks set new record highs on Friday and the prices of safe-haven assets such as gold pulled back as investors cheered an apparent de-escalation in U.S.-Iran tensions and looked instead toward prospects of improved global growth.
Google parent Alphabet Inc on Friday announced the retirement of Chief Legal Officer David Drummond, who has been under scrutiny as the board investigated the company's handling of sexual misconduct complaints.
Apple Inc is trying to change the way electronics are recycled with a robot that disassembles its iconic iPhone so that minerals can be recovered and reused, but rising global demand for electronics means new mines will still be needed by manufacturers.
Alphabet's new Chief Executive Sundar Pichai on Friday gained the opportunity to reshape the leadership of Google's parent with the exit of Chief Legal Officer David Drummond, whose outsized strategic role was overshadowed by employee concerns about his personal relationship with a subordinate.
Apple's business is developing a consistency similar to Facebook and Microsoft and it ought to trade at similar multiples, Loup Ventures' Gene Munster argued.
U.S. stocks hovered near all-time highs on Friday, as easing Middle East tensions and gains in popular technology stocks offset concerns about slower-than-expected December jobs growth in the United States.