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Category: Business

Business

Salesforce, Slack asked to provide additional information by DOJ’s antitrust unit

March 1, 2021
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Salesforce.com Inc and Slack Technologies Inc have received requests for additional information from the antitrust division of the U.S. Department […]

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Business

Chinese drone maker’s stock plunges as short-seller takes aim

February 28, 2021
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Drone manufacturer EHang Holdings Ltd’s shares plunged on Tuesday after an investment research firm said it had shorted the stock […]

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Business

Melvin Capital raised put option on GameStop Class A shares to 6 million in fourth quarter 2020

February 27, 2021
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Hedge fund Melvin Capital Management on Tuesday disclosed it had raised the put option on Class A shares of U.S. […]

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Business

BP offers employees shares in rallying cry for low-carbon shift

February 26, 2021
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Oil major BP is launching its first share award scheme to rally its more than 60,000 employees around CEO Bernard […]

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Business

U.S. SEC sues Morningstar over ratings of commercial mortgage-backed securities

February 25, 2021
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The U.S. Securities and Exchange Commission (SEC) on Tuesday sued Morningstar Credit Ratings LLC for allegedly violating U.S. securities laws […]

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Business

ByteDance not in preliminary talks to list TikTok on NYSE

February 24, 2021
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ByteDance is not in preliminary discussions about listing video app TikTok on the New York Stock Exchange (NYSE), a person […]

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Business

Nestle to sell N.American water brands for $4.3 billion, focus on premium lines

February 23, 2021
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Nestle said on Wednesday it would sell Pure Life and some other struggling North American water brands to two private […]

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