The number of Americans filing first-time claims for jobless benefits unexpectedly increased last week as a relentless surge in new COVID-19 infections hobbled business operations, offering more evidence that the economy's recovery from the pandemic recession was faltering.
REUTERS: U.S. stock index futures rose on Thursday on increased hopes of imminent signing of a coronavirus stimulus bill, while investors kept an eye out for economic cues from weekly unemployment data due later in the day. Negotiations were underway in Congress late on Wednesday over the ...
European mobile operators are starting to consider Samsung Electronics, long seen as a non-starter, in the race to replace China's Huawei as the supplier of their fledgling 5G systems, although early talks suggest it will still be an uphill struggle.
The European Union's capital rules for insurers need changing to reflect low interest rates and the need stronger supervisory powers to tackle risks, the bloc's insurance watchdog said on Thursday.
The Swiss National Bank paid no heed to being branded a currency manipulator by the United States, promising on Thursday to continue an expansive monetary policy and forex interventions it said were vital to cushion the impact of the coronavirus pandemic.
The chief executive of Japanese beverage maker Suntory Holdings said on Thursday the coronavirus crisis and other geopolitical risks would not deter his company or other Japanese firms from overseas acquisitions.
Hedge fund Amber Capital and French media group Vivendi on Thursday lost their attempt to push French conglomerate Lagardere to hold an extraordinary shareholder meeting at which they hoped to call for board changes.
China will share data and samples from the moon obtained by its Chang'e 5 probe on the basis of international conventions though "unfortunate" U.S. restrictions on cooperation might prevent it getting any, the deputy head of its space agency said.
Mining giant Rio Tinto announced a new chief executive Thursday, months after the previous boss resigned following the destruction of an ancient Australian Aboriginal heritage site.
SEOUL/BERLIN/SHENZHEN, China: Makers of cars and electronic devices from TVs to smartphones are sounding alarm bells about a global shortage of chips, which is causing manufacturing delays as consumer demand bounces back from the coronavirus crisis. The problem has several causes, industry ...
