Oil prices rose on Friday, recovering further ground after touching three-week lows in the previous session, hit by a record decline in U.S. growth as the coronavirus ravaged the world's biggest economy and oil consumer.
Shares of Apple , Amazon and Facebook surged in extended trading on Thursday, with Alphabet also climbing, as quarterly reports from the Big Tech quartet added fuel to Wall Street's four-month rally.
Google's ad sales have recovered since plummeting in March during the coronavirus pandemic, parent Alphabet Inc said on Thursday, easing concerns about its first quarterly sales slide in its 16 years as a public company.
Facebook Inc beat analysts' estimates for quarterly revenue on Thursday and forecast similar growth ahead, as businesses tapped its digital ads tools despite an unprecedented boycott and the economic upheaval of the coronavirus pandemic.
SEOUL: South Korea's factory production jumped at the fastest rate in more than 11 years in June and much quicker than expected, data showed on Friday (Jul 31), adding to hopes that the worst of the COVID-19 impact has passed. Industrial production rose by a seasonally adjusted 7.2 per cent month...
Huawei Technologies and Apple both increased their share of the China smartphone market in the second quarter of 2020, bucking a broader trend as the overall market for handsets continued to contract.
SoftBank Group said on Friday it has approved a 1 trillion yen (US$9.6 billion) share repurchase, the final tranche of a record 2.5 trillion buyback that has helped propel its share price to two decade highs.
CHICAGO: United Airlines said on Thursday it has decided to drop its contract with ExpressJet, and consolidate all of its outsourced flying on 50-seat planes with regional rival CommutAir. The decision is a fatal blow to ExpressJet, which will begin to wind down its operations, according to a memo...
Asian equities were set to rise on Friday after shares of Apple , Amazon and Facebook surged in extended trading on Thursday, with Alphabet also climbing, while the U.S. dollar continued to slide.
It was billed by the government as a kickstart to the coronavirus-stricken economy of Australia's biggest city: a new tech hub in a forest of skyscrapers built over 24 hectares (59 acres) of railyards in downtown Sydney.
