Shari Redstone, president of ViacomCBS and president of National Amusements, reacts as she celebrates the merger of her company on the Nasdaq Market site in New York, December 5, 2019. Brendan McDermid | Reuters Sumner Redstone, who died Tuesday at 97, built a sprawling media empire from the film chain …
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Shares of Chinese streaming service iQiyi plummeted in night trading in the US after it announced that the Securities and Exchange Commission (SEC) has launched a probe into the company. The SEC investigation was commissioned in April by a report by Wolfpack Research, which describes itself as an “activist research …
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While Latin America continues to struggle with the outbreak of coronavirus, some economies in the region could see a “record-breaking contraction” not seen since World War II, according to investment bank Goldman Sachs. Latin America and the Caribbean have become a new global epicenter of the pandemic, and the United …
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Asia-Pacific markets were mixed in early trading Friday as investors remained cautious after U.S. lawmakers were unable to move forward with a coronavirus ballot. Australia’s ASX 200 rose 0.24% immediately after the market opened, with the underweight with heavily weighted financials up 0.75%. Shares of major banks in the country …
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Dr Anthony Fauci, Director of the National Institute of Allergy and Infectious Diseases, testifies at a hearing on the Health, Education, Labor and Pensions Commission (HELP) on Capitol Hill in Washington, USA Kevin Dietsch | Reuters If the US allows the coronavirus to spread uncontrollably in an attempt to reach …
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