Novavax to Cut a Quarter of Global Workforce as Covid Eases
Novavax Inc. shares gained the most in two years after the Covid-19 vaccine maker announced a restructuring plan
2023-05-09 22:21
Goldman settles gender discrimination suit for $215 million
Goldman Sachs has agreed to pay $215 million to settle a years-long class action lawsuit that claimed the bank discriminated against women when it came to pay, performance evaluations and promotions
2023-05-09 22:18
EU takes aim at countries helping Russia to avoid sanctions
European Commission President Ursula von der Leyen is urging EU member nations to take trade measures against countries that help the Kremlin circumvent the bloc’s sanctions against Russia
2023-05-09 21:58
UK official visits Hong Kong after years of strained ties
The first British minister visiting Hong Kong in five years said his country will not “duck” its historic responsibilities to people living in its former colony while engaging with China in areas they share common interests
2023-05-09 20:48
Australia forecasts first annual budget surplus in 15 years
The Australian government has forecast the nation’s first balanced annual budget in 15 years but warns that economic pressures such as persistent inflation will sink the country into deeper debt
2023-05-09 19:28
LinkedIn axes 716 jobs in fresh tech cuts, shuts China app
Professional networking platform LinkedIn says it’s laying off more than 700 workers and shuttering its China jobs app
2023-05-09 19:21
Oil giant Saudi Aramco's 1st quarter profit down 20% to $31B
Oil giant Saudi Aramco has reported a first-quarter profit of $31.88 billion, down nearly 20% from the same period last year as energy prices have sunk over global recession concerns
2023-05-09 16:27
Nintendo Warns Switch Console Sales to Slow Further This Year
Nintendo Co. expects to sell 15 million units of its Switch console this fiscal year, showing the extent
2023-05-09 14:54
UBS to take in Credit Suisse CEO as merger closes in 2 weeks
UBS says it’s bringing the CEO of Credit Suisse on to its executive board and will keep the two banks operating separately “for the foreseeable future” as it moves forward with a high-profile merger expected to close within two weeks
2023-05-09 14:29
Stock market today: Asia shares trade mixed ahead of reports
Asian shares are trading mixed as investors take a wait-and-see view on the week ahead that’s full of reports on some of the market’s biggest worries, including stubbornly high inflation across the economy
2023-05-09 14:20
Amundi Says China Wealth Business Is Rebounding From Setbacks
Amundi SA’s onshore Chinese wealth management business is improving “significantly” this year after facing very challenging conditions in
2023-05-09 13:59
Deal or default? Biden, GOP must decide what's on the table
Before President Joe Biden and congressional leaders can even try to avert an unprecedented U.S. government default, their initial challenge on Tuesday will be to agree on what exactly they’re talking about as they hold their first substantive meeting in months
2023-05-09 12:29