The U.S. economy likely contracted at its sharpest pace since World War Two in 2020 as COVID-19 ravaged services businesses like restaurants and airlines, throwing millions of Americans out of work and into poverty.
Apple Inc said on Thursday that new privacy pop-up notifications will start appearing on most iPhones as soon as "early spring," a requirement that major digital advertising firms such as Facebook Inc have warned will harm their businesses.
SINGAPORE: COVID-19 vaccines are being rolled out to workers in the hotel industry, which Minister of State for Trade and Industry Alvin Tan has described as a "critical pillar" of Singapore's economy. Speaking to reporters on Thursday (Jan 28), Mr Tan said that as of Jan 25, about 3,000...
Samsung Electronics Co Ltd on Thursday forecast solid demand for its chips this quarter and stronger mobile sales after bringing forward the launch of its flagship Galaxy S smartphone, along with a likely pick-up in M&A activity.
The Biden administration will work to safeguard American telecoms networks from "untrusted vendors" like Huawei Technologies Co Ltd that threaten national security, the White House said on Wednesday, offering some insight into its plans for China's top telecoms equipment company, long in ...
Facebook Inc's CEO Mark Zuckerberg said on Wednesday the company would no longer recommend civic and political groups to users of the platform.
Billionaire investor Steven Cohen's Point72 Asset Management has suffered a nearly 15per cent loss this year due to a sudden surge in the shares of video-game retailer GameStop Corp, the New York Times reported https://nyti.ms/2YiotoW on Wednesday.
HONG KONG: Shares in Hong Kong's marquee carrier Cathay Pacific plunged on Thursday (Jan 28) after the struggling airline unveiled a HK$6.7 billion (US$870 million) bond sale to try to stem its rampant cash burn. Cathay's shares were trading as much as 8.4 per cent down, days after it...
Taiwan Semiconductor Manufacturing Co Ltd (TSMC) is "expediting" auto-related products through its wafer fabs and reallocating wafer capacity, the company said on Thursday, amid a global shortage of auto chips.
Asian stocks skidded on Thursday following a sharp Wall Street decline amid deepening concerns about stretched valuations in equities markets, while the dollar and bonds strengthened.
