Business

HP rejects takeover bid from Xerox

HP Inc. said Sunday it turned down a $33 billion hostile takeover bid from Xerox, saying it undervalued the computer and printer maker.

Internet

Facebook's oversight board to rule on Trump ban

Facebook is passing the buck for its indefinite suspension of former president Donald Trump to a quasi-independent oversight board, setting up a major test of the recently established panel.

Business

CEO of scandal-hit Wirecard resigns

The founder and chief executive of scandal-hit Wirecard resigned on Friday after the German payments provider was hit with fresh fraud allegations that have left it struggling for survival.

Business

Cathay Pacific shares end down after surge at open

Shares in Cathay Pacific ended lower Wednesday, having soared nearly 19 percent at the open, a day after the airline announced a multibillion-dollar government-led bailout plan.

Business

Hungarian airline Wizz Air scraps 1,000 jobs

Hungarian budget airline Wizz Air said on Tuesday it is cutting 1,000 jobs and cutting salaries for the remaining staff as it struggles to cope with Europe's coronavirus lockdown.

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