Mukesh Ambani's Reliance Industries Ltd will pay between 240 billion and 270 billion rupees ($3.2-$3.6 billion) to buy the Indian retail chains owned by Future Group, Mint newspaper reported on Tuesday, citing two sources familiar with details of the deal.
Asian equities were set for a modest rise on Tuesday as investors weighed progress in U.S. government stimulus efforts against rising tensions with China and the growing coronavirus pandemic, while gold hit a record high.
A U.S. Commerce Department agency on Monday petitioned the Federal Communications Commission to reinterpret a 1996 law to require transparency in how social media companies moderate content, after President Donald Trump asked it to intervene in the matter.
Brazil's antitrust watchdog is asking Facebook Inc to explain the fee structure for its short-lived payments service launched in June in partnership with card processor Cielo SA, according to a document seen by Reuters.
The S&P 500 Index (SNPINDEX: ^GSPC) managed a solid gain on Monday, up 0.74% at market close. Daily confirmed cases of COVID-19 are still elevated in the United States, but a new stimulus package is in the works. Senate Republicans are soon expected to unveil a bill that inc
Itchy Facebook (NASDAQ: FB) investors will have to wait slightly longer than previously anticipated to find out how their company did last quarter. The social media giant said Monday that the second quarter of fiscal 2020 earnings release will be published this Thursday, July 30
The major indexes gained on Monday amid optimism for another COVID-19 stimulus package following yesterday's comments by Treasury Secretary Steven Mnuchin that lawmakers are approaching a deal for a $1 trillion bill. The proposal is expected to include another round of $1,200 ch
What happened
Sea Limited (NYSE: SE) rose 6.6% Monday as investors bid up growth stocks; the Southeast Asian tech company also seemed to benefit from a strong second-quarter performance from one of its digital games.
Wall Street's main indexes closed higher on Monday as investors bet on some of the market's most high-profile stocks ahead of earnings reports while they weighed progress in U.S. government stimulus efforts against rising U.S. COVID-19 cases.
Wall Street's main indexes closed higher on Monday as investors monitored progress in U.S. government stimulus efforts along with rising U.S. COVID-19 cases and bet on some of the market's most high-profile stocks ahead of earnings reports.
Wall Street's main indexes were higher on Monday as investors monitored progress in government stimulus efforts along with rising U.S. COVID-19 cases and restrictions around the world.
Facebook is suing EU antitrust regulators for seeking information beyond what is necessary, including highly personal details, for their investigations into the company's data and marketplace, the U.S. social media group said on Monday.
Wall Street's main indexes gained on Monday as investors looked past surging U.S. COVID-19 cases, betting instead on more stimulus to revive a battered domestic economy ahead of a week packed with quarterly earnings reports.
Facebook is suing EU antitrust regulators for seeking information beyond what is necessary, including highly personal details, for their investigations into the company's data and marketplace, the U.S. social media giant said on Monday.
Facebook Inc has taken the European Union to court for invading the privacy of its employees, the Financial Times reported on Monday citing two people with direct knowledge of the matter.
U.S. stocks rebounded on Monday as investors shrugged off surging COVID-19 cases and U.S.-China tensions, betting instead on more stimulus to revive a battered domestic economy ahead of a week packed with quarterly earnings reports.
U.S. stocks rose on Monday after a two-day slide, as investors shrugged off surging COVID-19 cases and U.S.-China tensions, betting instead on more stimulus and a dovish signal from the Federal Reserve to revive a battered domestic economy.
Facebook (NASDAQ: FB) is slated to report earnings after market close on Wednesday, July 29. The company, like many others, is going through a volatile period. Fortunately for this FAANG stock, as people stay at home more often to avoid COVID-19, they use its apps more frequentl
Facebook Inc said on Monday it has delayed the release of its second-quarter results by a day to July 30 to allow Chief Executive Officer Mark Zuckerberg to appear for a rescheduled Congressional hearing.
Social media companies need to go much further and faster in removing hateful content such as the anti-Semitic comments posted by rap artist Wiley, a spokesman for British Prime Minister Boris Johnson said on Monday.