Delta Air Lines CEO Ed Bastian expects 2021 to be "the year of recovery" after the coronavirus pandemic cut operating revenue by 64per cent and prompted its first annual loss in 11 years.
BlackRock Inc, the world's largest asset manager, on Thursday reported a stronger quarterly profit, as increased volatility in financial markets resulted in higher capital inflows.
Wells Fargo & Co Chief Executive Charlie Scharf will give investors more details on his long-awaited turnaround plan for the scandal-plagued bank this week.
China on Thursday (Jan 14) demanded that Washington drop a ban on cotton and tomato imports from its Muslim northwest over complaints they are produced by forced labor, which a spokesman dismissed as the “lie of the century".
For a year expected to mark a turning point for pandemic-stricken European airlines, 2021 is off to a rough start.
PepsiCo Inc said on Thursday it aimed to achieve net-zero greenhouse gas emissions across its supply chain by 2040, as consumers and investors increasingly call upon big corporations to play their part in the fight against global warming.
WhatsApp is battling mistrust globally after it updated its privacy policy to let it share some user data with parent Facebook and other group firms, and the backlash risks thwarting its ambitions in its biggest market, India.
Alphabet Inc's Google has removed lending apps in India from Play Store - where the vast majority of Indians download phone apps in an attempt to safeguard users, it said in a blog post on Thursday.
HONG KONG: Hong Kong residents leaving the city to move to Britain could trigger capital outflows of HK$280 billion (US$36 billion) this year from the Asian financial centre, a new report published by Bank of America (BofA) said. Beijing's move to impose a national security law in June last...
Southeast Asian ride-hailing and food delivery giant Grab has raised more than US$300 million from investors led by South Korea's Hanwha Asset Management Co Ltd for its rapidly-expanding financial services business.
