Washington DC, Oct 30, 2020 - U.S. consumer spending increased more than expected in September, but decreasing benefits for millions of unemployed Americans and...

US economy grew at 33% rate in Q3 but recovery is incomplete

October 29, 2020

Washington DC, Oct 29, 2020 — The U.S. economy grew at a sizzling 33.1% annual rate in the July-September quarter — by far the...

U.S. online holiday spending to grow a jolly 33% this year: report

October 28, 2020

New York, Oct 28, 2020 - U.S. online spending during the holiday shopping season is expected to rise 33% this year to $189 billion,...

AMD to buy chip peer Xilinx for $35 billion in data center push

October 27, 2020

San Jose, Oct 27, 2020 - Semiconductor designer Advanced Micro Devices Inc (AMD) said on Tuesday it would buy Xilinx Inc in a $35...

Ant Group to raise up to $34.4 billion in world’s biggest public offering

October 26, 2020

Hong Kong, Oct 26, 2020 - Ant Group Co Ltd on Monday set terms for its dual-listing where the Chinese financial technology giant aims...

Google must respond to U.S. antitrust lawsuit by Dec. 19

October 25, 2020

Washington DC, Oct 25, 2020 - Alphabet Inc’s Google must respond to the U.S. Justice Department’s antitrust lawsuit by Dec. 19, according to a...

Lee Kun-hee, who made South Korea’s Samsung a global powerhouse, dies at 78

October 25, 2020

Seoul, Oct 25, 2020 - Lee Kun-hee, who built Samsung Electronics into a global powerhouse in smartphones, semiconductors and televisions, died on Sunday after...

Goldman Sachs to pay $3 billion to settle charges over 1MDB scandal role

October 22, 2020

Washington DC, Oct 22, 2020 - Goldman Sachs on Thursday agreed to pay nearly $3 billion to settle a probe into its role in...