Business

GM suspends dividend to save cash

General Motors announced Monday that it will suspend its dividend and halt share repurchases as it conserves cash amid a broad economic slowdown expected to weigh on auto purchases.

Business

Google muscles up with Fitbit deal amid antitrust concerns

Google has completed its $2.1 billion acquisition of fitness-gadget maker Fitbit, a deal that could help the internet company grow even stronger while U.S. government regulators pursue an antitrust case aimed at undermining ...

Business

Big Chinese firms fined over anti-monopoly law

China fined 11 companies including tech giant Tencent on Friday, taking aim at their acquisitions and joint ventures as authorities target monopolistic practices.

Business

EXPLAINER: Why China is investigating tech firms like Didi

Chinese regulators have clamped down on the country's largest ride-hailing app, Didi Global Inc., days after its shares began trading in New York. Authorities told Didi to stop new registrations and ordered its app removed ...

Business

Deliveroo trims value of London IPO on volatility

App-driven meals delivery firm Deliveroo on Monday trimmed the anticipated value of this week's planned London stock market flotation, citing global markets volatility.

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