Tag: Corporate news
Saudi oil giant Aramco reports 30% drop in payments to state
DUBAI, United Arab Emirates — Saudi Arabia’s state-backed oil giant Aramco paid the Saudi government 30% less in taxes in 2020, the company reported...
A very happy anniversary for the stock market
NEW YORK — It was one year ago that the terrifying free fall for the stock market suddenly ended, ushering in one of its...
Auto industry braces for more chip shortages after fire
NEW YORK — A fire at a plant owned by Japanese chipmaker Renesas could deepen the ongoing global semiconductor shortage that has especially hampered...
Big railroad deal seen more likely to gain regulators’ OK
OMAHA, Neb. — Wary regulators have not approved a major railroad merger since the 1990s, but industry analysts say Canadian Pacific's proposed $25 billion...
Column: Love him or hate him, Gragson has NASCAR talking
CHARLOTTE, N.C. — Oh, Noah Gragson, what have you done now?
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2nd Canadian to go on trial in China on spying charges
BEIJING — A Beijing court was is expected to put on trial Monday a second Canadian citizen held for more than two years on...
Pandemic puts pause on on-site use for some Alaska pot shops
JUNEAU, Alaska — Regulators amid much fanfare in early 2020 approved two cannabis lounges in Alaska, making it one of the few states where...
Ikea France going on trial over illegal spying claims
VERSAILLES, France — Ikea’s French subsidiary and several of its executives are set to go on trial Monday over accusations that they illegally spied...
Canadian Pacific agrees to buy Kansas City Southern for $25B
NEW YORK — Canadian Pacific Railway Ltd. has agreed to buy Kansas City Southern for $25 billion in cash and stock, creating the first...
Twitter to establish legal entity in Turkey, comply with law
ISTANBUL — Twitter has announced it will establish a legal entity in Turkey in order to continue operating in the country, which passed a...