 | | | | Zoom Video Communications Inc forecast fourth-quarter revenue above expectations on Monday but its gross margins fell and some growth metrics slowed, sending shares down nearly 8% despite booming sales powered by working and learning from home. | | | | | | Exxon Mobil Corp said on Monday it would take an impairment charge of about $17 billion to $20 billion in the fourth quarter related to some of its dry gas assets. | | | | | | World stock markets dipped on Monday to close a record-breaking month as the prospect of a vaccine-driven economic recovery next year and further central bank stimulus measures eclipsed immediate concerns about the spiking coronavirus pandemic. | | | | | | OPEC and allies led by Russia postponed talks on oil output policy for 2021 to Thursday, three sources said on Monday as key players still disagreed on how much oil they should pump amid weak demand due to the coronavirus pandemic. | | | | | | Brazilian food processor JBS SA said on Monday it concluded the acquisition of the margarine and mayonnaise businesses from Bunge's, local unit, according to a securities filing. | | | | | | The U.S. Federal Trade Commission said on Monday it filed an administrative complaint and authorized a lawsuit in federal court to block CoStar Group's proposed $588 million acquisition of apartment listings competitor RentPath Holdings. | | | | | | British tycoon Philip Green's Arcadia fashion group has collapsed into administration, putting over 13,000 jobs at risk and becoming the country's biggest corporate casualty of the COVID-19 pandemic so far, administrator Deloitte said on Monday. | | | | | | The "king of the high street" has lost his realm. The collapse of British businessman Philip Green's Arcadia fashion empire into administration on Monday looks set to bring an inglorious end to a remarkable, and controversial, career. | | | | | | Retail magnate Philip Green's Arcadia, which owns Topshop and many other British fashion brands, filed for administration on Monday, the biggest British corporate insolvency so far of the coronavirus pandemic. | | | | | | Artificial intelligence company View Inc said on Monday it would merge with CF Finance Acquisition Corp II , a blank-check company sponsored by Cantor Fitzgerald & Co, in a deal which values View at an enterprise value of $1.6 billion. | | | | | |
