Markets

Apollo Global said on Monday it would buy Athene Holding in an all-stock deal valuing the annuities provider at about US$11 billion, making it the private equity firm's first major deal after co-founder Leon Black stepped down as CEO.

Brent crude futures surged above US$70 a barrel on Monday for the first time since the COVID-19 pandemic began, while U.S. crude touched its highest in more than two years, following reports of attacks on Saudi Arabian facilities.

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

SINGAPORE: Passengers on Singapore Airlines (SIA) will be able to use a mobile app to verify their COVID-19 test results and vaccination status, as the national carrier becomes the first airline to test the International Air Transport Associations (IATA) Travel Pass. The trial will begin with ...

GameStop Corp has tapped shareholder Ryan Cohen to lead a shift towards e-commerce, Bloomberg reported on Monday, sending the company's shares up 10.3per cent before the bell.

Billionaire entrepreneur Elon Musk will construct a large battery that will connect to the Texas grid, Bloomberg News reported on Monday.

Harley-Davidson Inc has decided the best way to get younger customers to buy a new motorcycle is to sell them a used one first.

The COVID-19 pandemic has achieved what many mayors across Europe have tried and failed to do: wipe out tens of thousands of Airbnbs from city centres and so help lower rental costs for locals, in some places by as much as 15per cent. 

When Elon Musk's Tesla became the biggest name to reveal it had added bitcoin to its coffers last month, many pundits were swift to call a corporate rush towards the booming cryptocurrency.

Sweden's H&M, the world's second-biggest fashion retailer, said on Monday it was shocked by the use of deadly force against protesters in Myanmar and that it had paused placing orders in the country.