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Stock markets are changing: Investors, companies and regulators must be prepared

Stock markets are changing: Investors, companies and regulators must be prepared

OECD | Mats Isaksson | Nov 27, 2019 27/11/2019 - Asia is rapidly growing into the world’s largest stock market. In 2018, 51% of all equity capital raised through initial public offerings (IPOs) went to Asian companies. Today more than half of the world’s listed companies are from Asia. This development is reshaping global stock

6 years ago
Futures jump on report of U.S., China nearing phase-one trade deal

Futures jump on report of U.S., China nearing phase-one trade deal

U.S. stock index futures shot up on Wednesday, putting Wall Street's main indexes on course to snap a three-day losing streak, following a report that the United States and China were moving closer to signing a 'phase-one' trade deal.



6 years ago
Elon Musk due back on witness stand in defamation trial stemming from tweets

Elon Musk due back on witness stand in defamation trial stemming from tweets

Tesla Chief Executive Elon Musk was due to resume testifying in his own defense on Wednesday at the trial for a defamation lawsuit filed by a British diver whom the Silicon Valley billionaire called "pedo guy" on Twitter.



6 years ago
Under Pichai, Alphabet's moonshot projects may face more scrutiny

Under Pichai, Alphabet's moonshot projects may face more scrutiny

Alphabet's leadership change has some investors hoping that the owner of Google will take a hard look at the cash-burning ventures championed by its founders.



6 years ago
PG&E nearing $13.5 billion deal with wildfire victims - Bloomberg

PG&E nearing $13.5 billion deal with wildfire victims - Bloomberg

Bankrupt California power producer PG&E Corp is close to finalizing terms for a $13.5 billion payout to victims of wildfires ignited by its power lines, Bloomberg reported on Wednesday, citing people familiar with the matter.



6 years ago
Warren calls for Larry Page testimony, despite change of guard at Alphabet

Warren calls for Larry Page testimony, despite change of guard at Alphabet

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.



6 years ago
Trump says Huawei is a security risk as NATO seeks secure 5G

Trump says Huawei is a security risk as NATO seeks secure 5G

U.S. President Donald Trump said on Wednesday that Chinese telecommunication firm Huawei was a security risk after NATO said it needed secure next-generation 5G technology.



6 years ago
Bombardier on track to meet 2019 Global 7500 business jet delivery targets: executive

Bombardier on track to meet 2019 Global 7500 business jet delivery targets: executive

Canada's Bombardier will hit its 2019 delivery targets for its Global 7500 business jet, as the company redirects manpower from other planes to its flagship corporate aircraft program, an executive said on Wednesday.



6 years ago
Wall Street rebounds on renewed U.S.-China trade optimism

Wall Street rebounds on renewed U.S.-China trade optimism

Wall Street gained ground on Wednesday in a broad-based rally as investor sentiment brightened after U.S. President Donald Trump said talks with China on an interim trade deal were going "very well."



6 years ago
Uber may offer courier services for retail business - CEO Khosrowshahi

Uber may offer courier services for retail business - CEO Khosrowshahi

Uber Technologies Inc Chief Executive Officer Dara Khosrowshahi said on Wednesday the ride hailing company could extend its food delivery service to offer courier services for other retail businesses.



6 years ago
BMW sues air conditioning suppliers over price fixing

BMW sues air conditioning suppliers over price fixing

BMW is suing two of its suppliers over price fixing on air conditioning components, the German carmaker said on Wednesday.



6 years ago
PG&E nearing $13.5 billion deal with wildfire victims - BBG

PG&E nearing $13.5 billion deal with wildfire victims - BBG

Bankrupt California power producer PG&E Corp is close to finalizing terms for a $13.5 billion payout to victims of wildfires ignited by its power lines, Bloomberg reported on Wednesday, citing people familiar with the matter.



6 years ago
Amazon faces U.S. antitrust scrutiny on cloud business: Bloomberg

Amazon faces U.S. antitrust scrutiny on cloud business: Bloomberg

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.



6 years ago
CBS, Viacom complete merger in a win for Shari Redstone

CBS, Viacom complete merger in a win for Shari Redstone

CBS Corp and Viacom Inc completed their merger on Wednesday, reuniting media mogul Sumner Redstone's U.S. entertainment empire.



6 years ago
Walmart favors 'reasonable controls' over collection and use of personal data

Walmart favors 'reasonable controls' over collection and use of personal data

Walmart Inc for the first time on Wednesday revealed the breadth of customer information it collects as it came out in favor of consumers having "reasonable controls" with regard to collection, use and sharing of personal data.



6 years ago