An accountant for the Academy Awards botched the meticulous procedure for announcing the Oscar for best picture, PricewaterhouseCoopers (PwC) said on Monday. Edward Baran reports. Continue reading
Japan’s SoftBank is close to making an investment in U.S. office-sharing startup WeWork expected to be worth over $3 billion, according to CNBC. Fred Katayama reports. Continue reading
The social network’s quarterly revenue grew at its slowest rate since the company went public. Fred Katayama reports. Continue reading
The social networking company’s profit more than doubled on surprisingly fast growth of its mobile ad business. Fred Katayama reports. Continue reading
The United States Mint unveils a $100 gold coin featuring an African-American woman as the face of Lady Liberty for the first time in the history of U.S. currency.
The U.S. dollar has nursed widespread losses after President-elect Donald Trump’s long-awaited news briefing provided little clarity on future fiscal policies, disappointing bulls who had bet on major stimulus. But, as Sonia Legg reports, Trump did not mention possible tariffs against Chinese exports – a relief for Asian share markets that have feared the outbreak of a global trade war. Continue reading
The U.S. dollar has been at 14-year peaks on an abundance of upbeat global economic data and signs of quickening inflation, and a new Reuters polls shows most analysts expect the rally to continue through 2017. David Pollard reports on the winners and the losers of the greenback’s surge. Continue reading
French judges have found IMF chief Christine Lagarde guilty of negligence for failing to challenge a 400 million euro state arbitration payout to a business tycoon in 2008 when she was French finance minister. Rosanna Philpott reports.
U.S. stocks extend their post-U.S. election rise with moderate gains that push the Dow above 19,000 and the three major indexes to record closing levels for a second straight day.
Alibaba’s Singles’ Day sales surged past last year’s 91.2 billion yuan ($13.36 billion) total with nearly nine hours left on the clock, but growth was markedly slower than in 2015 as shoppers sought even bigger price cuts. Graham Mackay reports.