Markets

Shares of GameStop Corp jumped over 40per cent on Monday after the world's largest video game retailer tapped Chewy co-founder Ryan Cohen to spearhead a new committee to help its transition to an e-commerce business.

Shares of Tesla Inc fell for a fifth consecutive session on Monday, caught in a tech-led selloff that has wiped more than US$244 billion off the company's market value over the last month.

BUCHEON, South Korea: It's 5.30 in the morning.  Most of South Korea is still asleep but a logistics hub in Bucheon city near Seoul is already buzzing with activity.  Delivery workers are sorting thousands of parcels, organising them by addresses to which these same workers will send the parcels ...

U.S. wholesale inventories increased solidly in January even as sales surged and it is taking wholesalers the shortest time in six years to clear shelves, a sign of strengthening demand that aligns with expectations for faster economic growth this year.

Shares of GameStop Corp jumped over 40per cent on Monday after the world's largest video game retailer tapped Chewy co-founder Ryan Cohen to spearhead a new committee to help its transition to an e-commerce business.

A group of 23 U.S. House Democrats on Monday asked Facebook Chief Executive Mark Zuckerberg for answers on the social media site's advertising practices over targeted ads for gun accessories and protective equipment.

Greensill Capital filed for insolvency on Monday, its administrators said, days after losing investor funding and insurance coverage for its supply chain financing business.

U.S. President Biden will meet with the chief executives of Johnson & Johnson and Merck & Co Inc at the White House on Wednesday after the companies recently announced a COVID-19 vaccine manufacturing deal, a White House official said on Monday.

American Airlines Group Inc said on Monday it intends to privately offer notes worth about US$5 billion to pay down government debt.

The Federal Reserve announced Monday it was extending by three months to June 30 an emergency liquidity facility meant to help lenders extend relief to small businesses under the Paycheck Protection Program.