Leadership
Amazon asks court to dismiss antitrust lawsuit over web traffic sharing
AMAZON.COM has asked a US court to dismiss a lawsuit claiming its cloud-computing unit AWS stamped out a startup that worked with “Fortnite” maker Epic Games and other customers...
Gold hits record high on buying momentum, geopolitical risks
GOLD extended its record run on Tuesday (Apr 9) fuelled by buying momentum and geopolitical risks, while the spotlight shifted to the Federal Reserve’s policy meeting minutes and US...
Fintech Revolut receives Mexican banking authorisation, eyes expansion
FINTECH company Revolut received a banking license in Mexico and is preparing to expand operations in Latin America’s no. 2 economy, the company said in a press release on...
US: Stocks end mostly up ahead of key inflation data
WALL Street stocks finished mostly higher Tuesday (Apr 9) ahead of key US inflation data as markets grapple with a shifting outlook for monetary policy.Investors will be poring over...
Seven & i to list supermarket unit Ito-Yokado, Kyodo reports
JAPAN’S Seven & i Holdings plans to list its supermarket unit Ito-Yokado, Kyodo news agency reported on Tuesday (Apr 9), citing unidentified sources.
The retail conglomerate aims to focus on...
US: Wall St opens higher on easing bond yields; inflation data on tap
WALL Street’s main indexes opened higher on Tuesday (Apr 9) supported by retreating Treasury yields, while investors awaited a key inflation print later in the week that could help...
US dollar struggles for direction ahead of data despite rise in yields
THE US dollar struggled for direction on Tuesday (Apr 9) as investors were cautious ahead of inflation data due on Wednesday, while US Treasury yields rose with markets scaling...
Citigroup CEO faces growth challenge as overhaul rattles employees
CITIGROUP investors have rewarded CEO Jane Fraser with a share price boost after Fraser announced a sweeping overhaul of Citi’s sprawling structure in September, cutting costs by laying off...
