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BusinessLatest Business and Company Updates
Facebook sets $6 billion buyback program, accounting chief to leave
Social media giant Facebook Inc (FB.O) on Friday set a $6 billion buyback program for its Class A shares, beginning in the first quarter of 2017.Facebook's shares were up 1.1 percent at $118.24 in after-hours trading. The company had a market value of about $337 billion at close.The company also
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Exclusive: Gildan wins American Apparel auction with $88 million bid – source
By Jessica DiNapoli | NEW YORK NEW YORK Canadian apparel maker Gildan Activewear Inc (GIL.TO) has won a bankruptcy auction for
Taiwan's Foxconn 'definitely bidding' for Toshiba chip business
By Sijia Jiang | HONG KONG HONG KONG Taiwan's Foxconn (2317.TW), the world's largest contract electronics maker, is "definitely bidding" for
Singapore slaps penalties on StanChart, Coutts in 1MDB-related probe
By Anshuman Daga and Marius Zaharia | SINGAPORE SINGAPORE Singapore's central bank imposed penalties on the local units of U.K.-based Standard
