Saudi Automotive Services Co said on Wednesday it is raising 190 million riyals ($50.67 million) in debt to invest in the initial public offering of state-owned oil giant Saudi Aramco.
Asian shares extended losses on Wednesday after U.S. President Donald Trump said a trade deal with China might have to wait until after the 2020 presidential election, dashing hopes for a quick preliminary agreement.
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Google Chief Executive Officer Sundar Pichai will replace Larry Page as CEO of parent Alphabet Inc, heralding a new chapter for the company that helped reshape the global tech industry under its co-founders Page and Sergey Brin.
Postal Savings Bank of China said investors had opted out of paying for 3% of shares on offer in its Shanghai listing - a rare development that underscores growing concerns over problems in China's banking system.
Renault SA , Nissan Motor Co and Mitsubishi Motors on Wednesday said they had promoted Hadi Zablit to general secretary of their automaking alliance to accelerate business efficiencies across the companies.
Wall Street's poor start to December has some investors bracing for a choppy end-of-year as fears about the U.S.-China trade war resurface.
European stocks opened higher on Wednesday, recovering some of the losses made in the previous session when U.S. President Donald Trump surprised world markets by saying a trade deal with China could wait until after the 2020 presidential election.
United States Senator Elizabeth Warren said on Wednesday that she still expects Larry Page to testify in Congress, a day after he stepped down as chief executive of Alphabet Inc , Google's parent company.
Stock markets in Asia gained on Thursday on hopes that China and the United States may soon seal a preliminary deal to end their 17-month trade war, but conflicting signals from U.S. President Donald Trump kept a lid on investor optimism.
China's Huawei has mounted a legal challenge against the U.S. Federal Communications Commission (FCC) after the body designated the technology giant as a security threat and moved to bar it from a government subsidy program.
China's Huawei has mounted a legal challenge against the U.S. Federal Communications Commission (FCC) after the body designated the technology giant as a security threat and tried to bar it from a government subsidy program.
The British cave explorer suing Elon Musk testified on Wednesday he felt "branded a pedophile" by the billionaire entrepreneur, despite Musk's assertion that his "pedo guy" tweet at the heart of the defamation case was not meant to be taken literally.
Asian stocks edged up on Thursday on signs the United States and China were on track for a preliminary trade deal, though optimism was tempered by the almost daily shifts in prospects for defusing the damaging tariff war now in its second year.
U.S. Federal Trade Commission (FTC) has broadened its scrutiny of Amazon.com Inc beyond retail operations to include its cloud-computing business, Bloomberg on Wednesday, citing people familiar with the matter.