U.S. manufacturing activity accelerated to its highest level in nearly 1-1/2 years in July as orders increased despite a resurgence in new COVID-19 infections, which is raising fears about the sustainability of a budding economic recovery.
Luxury carmaker Ferrari trimmed its full-year earnings forecast on Monday after second-quarter income plunged due to supply chain and production disruptions during the coronavirus pandemic.
Wall Street's main indexes opened higher on Monday as Microsoft's pursuit of TikTok's U.S. operations and a clutch of upbeat quarterly earnings reports lifted sentiment in the absence of a fiscal coronavirus relief deal.
After years of being part of a future that never quite arrived, the coronavirus pandemic has put U.S. online car sellers on the map.
Chinese artificial intelligence company Shanghai Zhizhen Intelligent Network Technology Co., Ltd., also known as Xiao-i, has filed a lawsuit against Apple Inc , alleging it has infringed on its patents.
The founder of Bytedance, which owns social media giant TikTok, said Monday his teams were working around-the-clock "for the best outcome," as talks on the sale of its US operation to Microsoft continue, Chinese media reported.
SINGAPORE: The National Wages Council (NWC) will meet a second time this year to update the tripartite position on wages, as the COVID-19 pandemic continues to impact the labour market. Manpower Minister Josephine Teo announced this on Monday (Aug 3), after a meeting with National Trades Union ...
Alphabet Inc's Google is buying a 6.6per cent stake in home security firm ADT Inc for US$450 million in a deal that will allow it to provide service to customers of its Nest home security devices.
For Walt Disney Co , the ability to sell "Frozen"-themed water bottles at the Magic Kingdom theme park while selling ads during the NBA playoffs has historically been its greatest strength.
Rival drugmakers AbbVie Inc , Amgen Inc and Takeda Pharmaceuticals Inc on Monday said they have begun treating patients in a trial to quickly show whether a drug from each company can be repurposed and used against COVID-19, the disease caused by the novel coronavirus.
