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Market News

October 23, 2021
Oei’s Clash With Raffles Education Escalates; Police Probe Firm
A multi-year dispute between Singapore businessman Oei Hong Leong and Raffles Education Corp Ltd. continues to escalate, with the private school...
October 23, 2021
Carlyle Plans $1 Billion Bond to Help Buy India IT Firm Hexaware
October 23, 2021
Charting the Global Economy: Growth Moderates Further in China
China’s economy continues to cool as the nation’s housing slump intensifies, while supply-chain bottlenecks are keeping a tight grip on the...
October 23, 2021
U.S. to Release More Records Related to Kennedy Assassination
The Biden administration said it will release more records related to the assassination of President John F. Kennedy in December.
October 23, 2021
Texan’s ‘Jackpot’ Recording of Elizabeth Holmes Played for Jury
The jury in the Theranos trial finally got to hear from Elizabeth Holmes herself -- not in person, but a recording of her talking up her...
October 23, 2021
Benefits of Pfizer Child Shot Likely Outweigh Risks, FDA Says
The staff of the Food and Drug Administration said the benefits of Pfizer Inc. and BioNTech SE’s Covid-19 vaccine for young children likely...
October 23, 2021
Workhorse Recalls Vehicles Over Electrical, Lighting Problems
Workhorse Group Inc., the Ohio electric vehicle maker, detailed the problems that led to a recall announcement, including issues with its electrical...
October 23, 2021
China Earnings to Lose Steam on Brutal Quarter for Biggest Firms
A combination of raw material inflation and weak consumer spending has made the third quarter a brutal period for China’s biggest companies, with...
October 22, 2021
Rivian Sees Deeper Loss on Higher Production Costs for Debut EV
Rivian Automotive Inc, the Amazon.com Inc.-backed electric-pickup maker that’s seeking to go public, expects to record a quarterly net loss of up...
October 22, 2021
Adobe Warns Workers to Get Vaccinated by Dec. 8 Deadline
Adobe Inc. warned its U.S. workers that they must be vaccinated against Covid-19 by Dec. 8.