Chinese developer Kaisa unit misses payment, debt worries mount

Chinese property developer Kaisa Group Holdings Ltd (1638.HK) said on Thursday its finance unit had missed…

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Central banks head for stimulus exit, but some take the slow lane

But policymakers have also pushed back against investor expectations for a slew of interest rate rises,…

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ViacomCBS edges past revenue estimates on streaming strength

ViacomCBS Inc (VIAC.O) on Thursday posted better-than-expected quarterly revenue, helped by more subscriber additions to its…

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Nintendo can’t fulfil Switch holiday demand, cuts forecast on chip shortage

Nintendo Co Ltd (7974.T) on Thursday cut its full year Switch sales forecast by 6% and…

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Google to invest $1 bln in CME Group, agrees cloud computing deal

Alphabet Inc’s (GOOGL.O) Google has invested $1 billion in CME Group (CME.O) and has struck a…

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UBS boss Hamers takes axe to hierarchy by ending bank’s top rank

Dozens of top executives at UBS (UBSG.S) will lose their exalted rank of group managing director…

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Nikola to pay $125 mln penalty in SEC settlement

Nikola Corp (NKLA.O) said on Thursday it was working with U.S. regulators to pay a $125…

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