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…
Category: Business
Brazilian prosecutors sue Maersk, seek to freeze $200 million
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,…
Analysis-Amateur traders’ euphoria leaves red-hot U.S. IPOs with money on the table
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…
Canada border official says information shared inappropriately with FBI in Huawei CFO case
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…
Stocks slip, dollar gains as concerns remain over stimulus talks
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…
Ferrari’s Camilleri will be a hard act to follow
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…
Dollar up as risk sentiment sours, sterling dips on Brexit fears
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…