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GameStop spikes as investors eye cryptic tweet by shareholder

Shares of Reddit-darling GameStop climbed on Thursday, rising more than 20% at one point in yet another unexplained move.

Facebook is sued after stock plunge ‘shocked’ market

NEW YORK: Facebook Inc and its chief executive Mark Zuckerberg were sued on Friday in what could be the first of many lawsuits over...

Saudi carrier flynas in $8.6 bn Airbus deal: shareholder

RIYADH: Low-cost Saudi carrier flynas has concluded an $8.6 billion purchase deal with Airbus, a major shareholder said Thursday, as competition grows in the...

Daughter beats father in feud at Japan shareholder's meeting

TOKYO: A rare family feud erupted in a Japanese shareholders meeting on Friday, when the chief executive of Otsuka Kagu Ltd defeated her father's attempt to oust her, vowing to push ahead with her plan to take the furniture retailer more mass-market.

Formula One urged to cut costs as teams fail

AUSTIN, TEXAS: Sauber principal Monisha Kaltenborn has urged Formula One's decision makers to act in the sport's best interests and tackle a looming crisis after two teams went into administration in the space of a week.

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