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IPO prospectus lays out main risks to Aramco's operations

Saudi state oil giant Aramco unveiled the prospectus for its initial public offering (IPO) on Saturday, laying out the main material risks that may adversely affect the company's business or its financial position.



6 years ago

UBS wealth management co-head Khan unveils plans to grow business: paper

UBS executive board member Iqbal Khan wants to expand credit to rich clients as a way to grow the Swiss bank's wealth management business, it was reported on Sunday.



6 years ago

Many Americans are drowning in medical debt. Here's what to know if you need some relief

High health-care bills are the No. 1 reason that people would consider taking money from retirement accounts or filing for bankruptcy. Medical experts weigh in on what you can do to try to ease the burden.

6 years ago

A rising number of US companies are flagging wildfire risk as suppression costs climb

California's biggest utilities aren't the only U.S. companies grappling with the increased force and frequency of wildfires.

6 years ago

Ex-Navy fighter pilot built $15 million seaplane business, thanks to military skills

An ex-Navy fighter pilot built a $15 million seaplane business, thanks to military skills. Tropic Ocean Airways is one of the largest amphibious airlines in the world. Last year it flew 45,000 people in markets from New York to the Philippines.

6 years ago

Alibaba says Singles' Day sales hit 91.2 billion yuan in first hour

Chinese e-commerce giant Alibaba Group Holding Inc said on Monday that sales for its annual Singles' Day shopping blitz hit 91.2 billion yuan ($13 billion) within the first hour, up 32% from last year's early haul of 69 billion yuan.



6 years ago

Oil slips on jitters over U.S.-China trade talks progress

Oil prices fell on Monday on renewed caution over the prospects of a trade deal between the United States and China, with investors shrugging off comments over the weekend by U.S. President Donald Trump that talks were going well.



6 years ago

Alibaba Singles' Day sales hit $12 billion in first hour

Chinese e-commerce giant Alibaba Group Holding Inc said on Monday that sales for its annual Singles' Day shopping blitz hit 84 billion yuan ($12 billion) within the first hour, up 22% from last year's early haul of 69 billion yuan.



6 years ago

Apple co-founder says Apple Card algorithm gave wife lower credit limit

Apple Inc co-founder Steve Wozniak joined in the online debate accusing the algorithm behind the iPhone maker's credit card of discriminating by gender, deepening the scrutiny surrounding the newly launched Apple Card.



6 years ago

Asian shares pick up on U.S.-China trade deal hopes

Asian shares edged higher on Monday after U.S. President Donald Trump said over the weekend that trade talks with China were moving along "very nicely", though uncertainty remained over whether a deal would be signed this year.



6 years ago

Alibaba Singles' Day sales hit $23 billion in first nine hours

Chinese e-commerce giant Alibaba Group Holding Inc on Monday said sales for its annual Singles' Day shopping blitz hit 158.31 billion yuan ($22.63 billion) in its first nine hours, up 25% from 126.72 billion yuan at the same point last year.



6 years ago

Asian shares give up gains as Hong Kong chaos hits sentiment

Asian shares reversed gains on Monday, the yen ticked higher and gold jumped as fresh violence broke out in Hong Kong, while uncertainty still remained over whether the United States and China could end their damaging trade war.



6 years ago

Kaiser Permanente CEO Bernard Tyson dies unexpectedly at 60

Bernard J. Tyson, chairman and chief executive officer of not-for-profit health insurer Kaiser Permanente, died unexpectedly in his sleep on Sunday, aged 60, the company said in a statement.



6 years ago

On Singles' Day, green groups warn of China's surge in packaging waste

Accumulated waste from China's e-commerce and express delivery sectors stands to more than quadruple by 2025 unless action is taken to rein it in, green groups said on Monday, as an online shopping spree known as Singles' Day broke new sales records.



6 years ago

China's auto industry discusses ways to boost rural car sales: sources

China's auto industry executives met with government officials over the weekend to discuss ways to promote higher car sales in rural areas, sources familiar with the matter said.



6 years ago