Nasdaq News

Rio Tinto said on Monday it will cut the short-term bonuses of its chief executive and two other senior executives following a review of the company's destruction of two ancient caves in Australia. [nL4N2F901M]

(RTTNews) - The Malaysia stock market has finished higher in two of three trading days since the end of the two-day losing streak in which it had fallen more than 15 points or 1 percent. The Kuala Lumpur Composite Index now rests just above the 1,575-point plateau and it may tic

Fortescue Metals Group posted a record full-year profit and quadrupled its final dividend on Monday, helped by robust iron ore output and firm prices on the back of Chinese appetite for the steelmaking ingredient.

Buy-now-pay-later (BNPL) firm Afterpay Ltd announced the acquisition of Spain-based peer Pagantis on Monday as it looks to expand its operations to Europe.

Rio Tinto said on Monday its chief executive and two other board members would not receive a component of their short-term bonuses for 2020 following a review of the company's destruction of two ancient caves in Australia.

(RTTNews) - The South Korea stock market has finished higher in two of three trading days since the end of the two-day slide in which it had tumbled almost 90 points or 3.6 percent. The KOSPI now rests just beneath the 2,305-point plateau and it may add to its winnings on Monday

As companies prepare to list on the start-up board ChiNext under a new U.S.-style IPO system on Monday, China's Shenzhen will officially challenge Shanghai for tech listings, while adding fuel to a "technology war" with the United States.

Some of China's largest banks are set to post their first drop in first-half profits since the global financial crisis, hit by a surge in bad debt and higher loan-loss provisions due to the coronavirus pandemic, analysts and official data indicate.

Australia's Boral Ltd said on Monday it would book an impairment charge of A$1.35 billion ($967.14 million) for fiscal 2020, related to assets within its North America division and its investment in the Meridian Brick joint venture.

Fortescue Metals Group posted a record full-year profit and hiked its dividend on Monday, helped by robust iron ore output and firm prices as Chinese appetite for the steelmaking ingredient recovered after coronavirus-led disruptions.

Australian wealth manager AMP Ltd on Monday said its group chairman and the chief executive of its AMP Capital unit would step down immediately.

Intel's (NASDAQ: INTC) stock recently jumped after the tech giant announced a $10 billion accelerated buyback plan, ending its five-month suspension of buybacks throughout the COVID-19 pandemic.

The U.S. Environmental Protection Agency is set to announce on Monday it will issue an emergency exemption to the state of Texas permitting it to allow American Airlines Group Inc to use a new surface coating that kills coronaviruses for up to seven days, sources briefed on the matter said.

The U.S. Food & Drug Administration (FDA) on Sunday said it authorized the use of blood plasma from patients who have recovered from COVID-19 as a treatment for the disease, a day after President Donald Trump blamed the agency for impeding the rollout of coronavirus vaccines and therapeutics for political reasons.

President Donald Trump on Sunday hailed FDA authorization of a coronavirus treatment that uses blood plasma from recovered patients, a day after accusing the agency of impeding the rollout of vaccines and therapeutics for political reasons.

Zillow Group's (NASDAQ: ZG)(NASDAQ: Z) core Premier Agent business, which connects real estate agents with potential home buyers, is seeing a huge revenue and profit acceleration. This comes on the heels of sharp declines in those metrics that began in March during the early day

It's been a rocketship ride for shareholders as Shopify (NYSE: SHOP) stock has more than doubled since the beginning of the year, and orbited past 10-bagger status for those who have held for the last three years. 

Kids are going back to school across the country, and it's obviously really different this time. Parents and students will still be spending money ahead of the new school year, but that money won't be going to the traditional back-to-school winners. 

Stocks were mixed last week, with the S&P 500 (SNPINDEX: ^GSPC) edging back into record territory, and the Dow Jones Industrial Average (DJINDICES: ^DJI) adding to its losses. The Dow is now down just 2% so far in 2020 while the S&P is up 5%.