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Business

California files to join U.S. antitrust lawsuit against Google

By mobiledannet December 24, 2020December 18, 2020

California asked to join the U.S. Department of Justice’s antitrust lawsuit against Google on Friday, making the state’s attorney general the first Democrat to openly support the litigation. The department…

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Business

Brazilian prosecutors sue Maersk, seek to freeze $200 million

By mobiledannet December 23, 2020December 18, 2020

Federal prosecutors in Brazil filed a civil lawsuit against Danish shipping company Maersk and former executives representing the firm for alleged corruption involving shipping contracts with state-run oil firm Petrobras,…

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Business

Analysis-Amateur traders’ euphoria leaves red-hot U.S. IPOs with money on the table

By mobiledannet December 22, 2020December 18, 2020

Wild stock gains on the first day of trading of Airbnb Inc and DoorDash Inc show how unprecedented demand this year from individual investors is making it difficult not to…

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Business

Canada border official says information shared inappropriately with FBI in Huawei CFO case

By mobiledannet December 21, 2020December 18, 2020

A Canadian border official who oversaw staff at Vancouver’s airport when Huawei Chief Financial Officer Meng Wanzhou was arrested two years ago testified on Friday she thought information sharing between…

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Business

Stocks slip, dollar gains as concerns remain over stimulus talks

By mobiledannet December 20, 2020December 18, 2020

Global stock indexes eased and the dollar rose on Friday amid continued concerns over the timing of more U.S. economic stimulus. The S&P 500 and Nasdaq ended lower, while the…

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Business

Ferrari’s Camilleri will be a hard act to follow

By mobiledannet December 19, 2020December 18, 2020

Ferrari was facing a fresh challenge of finding a new leader of the same standing as Louis Camilleri on Friday, just as the Italian luxury carmaker is rolling out new…

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Business

Dollar up as risk sentiment sours, sterling dips on Brexit fears

By mobiledannet December 18, 2020

The greenback bounced on safe haven buying on Friday as risk appetite fell due to concerns over delayed U.S. fiscal stimulus amid a surge in COVID-19 cases and the increasing…

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