MUMBAI (Reuters Breakingviews) - Mukesh Ambani, India’s richest man, is keen to meet all the shopping needs of domestic consumers. A flurry of dealmaking involving his $176 billion oil-to-telecom giant Reliance Industries could make that a sharper reality by seriously
Facebook has leased all the office space at the landmark Farley Building, a 1912 Beaux Arts former post office in Manhattan, in a deal that marks a major expansion of the company's business operations in the city.
The FAANG stocks -- Facebook, Amazon (NASDAQ: AMZN), Apple, Netflix, and Google parent Alphabet (NASDAQ: GOOGL)(NASDAQ: GOOG) -- have now all reported second-quarter 2020 earnings. One fact is abundantly clear: A new era dominated by these tech giants is here, and it isn't g
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the SPDR— Portfolio S&P 500— ETF (Symbol: SPLG) where we have detected an approximate $44.1 million dollar inflow -- that's a 0.7% increase wee
Britain said the location of TikTok's headquarters was a commercial decision after a newspaper report said the government had given the green light for its Chinese parent company to set up a head office in London for the popular short-video app.
Thailand's digital minister has threatened legal action against Facebook and accused the social media giant of not complying with government requests to restrict content deemed illegal, including perceived insults to the country's monarchy.
Even in the midst of a pandemic and the upheaval of entire industries, the market has rallied all the way back to where it started 2020. It may seem like stocks are completely disconnected from reality, and in fact some may very well be. But on average, it's a wash with some str
The U.S. stock market may have been roaring higher at the beginning of last month, but July ended on a low note. Forward progress has stopped altogether. Stocks may be nearing a corrective move -- even if only a small one.
Brazil's central bank said on Monday that tests had begun to trial payments via Facebook Inc's messaging service WhatsApp in the country, calling them an "important advance."
A record high percentage of U.S. companies are beating analysts' forecasts this earnings season, giving investors a glimmer of hope in what is still expected to be the slowest profit period since the financial crisis.
The coronavirus disease 2019 (COVID-19) pandemic has made this one of the wildest year on record for the stock market. In a five-month stretch, we've witnessed the fastest bear-market descent in history, the strongest quarterly rally in 22 years, and the tech-heavy Nasdaq Compos
Microsoft Corp's potential acquisition of short-video app TikTok carries myriad risks, thrusting it into the politically fraught social media business and Sino-U.S. conflict amid increased scrutiny of big-tech companies.
Microsoft Corp said it will push ahead with talks to acquire the U.S. operations of Chinese-owned short-video app TikTok, a potential blockbuster deal that could re-shape the social media industry and further inflame crumbling U.S.-China relations.
President Donald Trump only agreed to allow Microsoft Corp to negotiate the acquisition of popular short-video app TikTok if it could secure a deal in 45 days, three people familiar with the matter said on Sunday.
Samsung Electronics Co Ltd is forging a comeback in India's smartphone market with a new range of budget devices and a ramped-up online presence, aiming to recoup ground ceded to Chinese rivals such as Xiaomi Corp.
A record high percentage of U.S. companies are beating analysts' forecasts this earnings season, giving investors a glimmer of hope in what is still expected to be the slowest profit period since the financial crisis.