According to regional police of Montgomery, Alabama, the family of three minor workers, and eight former and present employees of the facility, a subsidiary of Hyundai Motor Co exploited child labour at a company that supplies parts for the Korean carmaker's assembly line in the...

On Thursday, the combined stock market value of Facebook-owned Meta Platforms, Alphabet-owned Google, and other firms that sell online advertisements fell by approximately $80 billion after Snap reported weak quarterly results and warned of an uncertain outlook.   The Snapchat owner failed...

Amazon.com Inc agreed to pay $3.49 billion for primary care provider One Medical, expanding the e-commerce giant's virtual healthcare and adding brick-and-mortar doctors' clinics for the first time.   The all-cash transaction would unite two relatively modest players as Amazon continues its...

ASML Holding NV reported increased second-quarter net profit on Wednesday on record new bookings as it continued to deploy equipment to clients as quickly as possible despite signs of a downturn in consumer markets.   The Dutch firm, a key supplier to computer chip makers, posted a net...

The stresses of China's COVID-19 lockdown and postponed installation of new facilities are expected to show up in Tesla Inc's second-quarter results on Wednesday. Investors want to know if the year will end on a high note.   Tesla has begun layoffs, as planned by CEO Elon Musk, who stated in...

According to a court filing, Twitter Inc accused Elon Musk of attempting to "slow walk" the company's case to make him accountable for his $44 billion takeover and demanded a September trial to ensure deal financing remains in place.   "Millions of Twitter shares trade daily under a cloud of...

According to persons familiar with the situation, Chinese authorities are planning to punish Didi Global more than $1 billion, putting an end to an investigation into the firm's cybersecurity procedures.   According to the sources, the fine would be over 8 billion yuan ($1.28 billion),...

Goldman Sachs Group Inc reported a smaller-than-expected 48 per cent drop in second-quarter earnings on Monday, buoyed by gains in fixed-income trading as investors realigned their bets despite volatile market conditions.   The global markets unit, which includes Goldman's trading desks,...

In an interview with Reuters, Microsoft Corp. President Brad Smith said that the United States is entering a "new epoch" in which fewer people are joining the labour and the demand to pay higher wages may become permanent.   Smith noted one source of today's "increased economic volatility"...

At Sainsbury's annual general meeting earlier this week, shareholders of the company voted to prevent a special resolution calling for Britain's second-largest supermarket firm to pledge to paying the so-called real Living Wage to all employees by July 2023.   According to the...

Three organisations have filed a criminal complaint with Swiss federal prosecutors, alleging that UBS failed to exercise due diligence in respect to cash received by an accused associate of former Congolese President Joseph Kabila.   The case, filed jointly by the Swiss campaign group Public...