SoftBank Vision Fund's head, Rajeev Misra, saw his total pay for the past business year more than double to roughly $15 million, even as the fund's underperformance pushed SoftBank to a record operating loss of some $13 billion.
(RTTNews) - TrueCar Inc.(TRUE) said that it will eliminate 219 jobs or 30% of its workforce, in anticipation of the termination of its partnership with USAA Federal Savings Bank later this year.
Volkswagen AG (VW) said on Friday it has agreed to invest 2.1 billion euros ($2.33 billion) in two separate Chinese electric vehicle players, upping its bet on the world's biggest auto market as international rivals seek to muscle in.
(RTTNews) - The Japanese stock market is losing on Friday and the safe-haven yen strengthened amid worries about rising U.S.-China tensions after China approved a controversial national security law for Hong Kong. U.S. President Donald Trump has announced plans to hold a news co
(RTTNews) - Cisco (CSCO) said that it plans to buy privately held ThousandEyes Inc., a security-software company headquartered in San Francisco, CA. The company did not disclose the purchase price.
(RTTNews) - The Indonesia stock market has climbed higher in five straight sessions, advancing more than 200 points or 4.3 percent along the way. The Jakarta Composite Index now sits just above the 4,715-point plateau although investors may cash in on Friday.
TikTok's poaching of Disney's Kevin Mayer to be its CEO was just the most visible part of a broader strategy by its Chinese owner to shift its centre of power away from China at a time of rising global tensions, several people familiar with the plans said.
(RTTNews) - The California Public Utilities Commission approved the Chapter 11 Plan of Reorganization of PG&E Corp. and Pacific Gas and Electric Company, PG&E said in a statement.
The U.S. Food and Drug Administration (FDA) said on Thursday it has recommended five pharmaceutical firms to voluntarily recall their diabetes drug metformin after the agency found high levels of a possible cancer-causing impurity in some versions of the medication.
Major League Baseball fans deprived of the opportunity to heckle the Houston Astros for the 2017 sign-stealing scandal have been offered the chance to make their point from home by drinking a beer.
Gold prices ticked up on Friday as the Sino-U.S. rift deepened over further moves by Beijing to impose a security law on Hong Kong, lifting the allure of safe havens amid market uncertainties caused by the pandemic.
Indian export rice prices retreated this week from a more than one-year peak that slowed demand, while Vietnamese rates held near a two-year high as countries battling the coronavirus pandemic sought to bolster stocks.
Twitter has flagged a tweet written in March by a Chinese government spokesman that suggested the U.S. military brought the novel coronavirus to China, as the social media platform ramps up fact-checking of posts.
(RTTNews) - The Australian stock market is declining on Friday following the negative cues from Wall Street amid worries about rising U.S.-China tensions after China approved a controversial national security law for Hong Kong. President Donald Trump has announced plans to hold
Anhui Jianghuai Automobile Group (JAC Motors) said on Friday that German automaker Volkswagen AG agreed to buy 50% of its parent company Anhui Jianghuai Automobile Group Holding.
(RTTNews) - The U.S. Food and Drug Administration approved Tauvid for intravenous injection, the first drug used to help image a distinctive characteristic of Alzheimer's disease in the brain called tau pathology.
(RTTNews) - The Hong Kong stock market has finished lower in two straight sessions, dropping more than 250 points or 1 percent along the way. The Hang Seng Index now sits just above the 23,130-point plateau and it's looking at another red light for Friday's trade.
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