Markets

SINGAPORE: From the end of this year, all new buildings will face higher minimum energy performance requirements, said the Building and Construction Authority (BCA) in a media release on Thursday (Mar 4). New developments being submitted for planning approval from the fourth quarter will have to ...

Britain's competition regulator said on Thursday it has opened an investigation into Apple Inc after complaints that the iPhone maker's terms and conditions for app developers are unfair and anti-competitive.

Walmart Inc-owned Indian e-commerce company Flipkart is looking at going public in the United States through a merger with a blank-check company, Bloomberg News reported on Thursday, citing people familiar with the matter.

Worries about lofty U.S. bond yields hit global shares on Thursday as investors waited to see if Federal Reserve Chair Jerome Powell would address concerns about a rapid rise in long-term borrowing costs.

LONDON: Takeaway meals app Deliveroo on Thursday (Mar 4) said it had chosen London for its stock market listing, which is set to value the group at more than US$7.0 billion (5.8 billion euros). Deliveroo, in line with other home-delivery companies, has seen demand soar in the past year owing...

German business groups expressed dismay on Thursday after Chancellor Angela Merkel and state leaders agreed a gradual easing of coronavirus curbs but added an "emergency brake" to reimpose restrictions if case numbers get out of control.

German flag carrier Lufthansa said on Thursday (Mar 4) that it lost a record €6.7 billion (US$8.1 billion) in 2020, as the COVID-19 pandemic wiped out demand for travel and left aircraft grounded.

Exxon Mobil Corp is suing Australia's Macquarie Energy in a Texas court in a US$11.7 billion lawsuit over missed deliveries during last month's winter freeze in the central United States.

SINGAPORE: Starting next year, commercial water equipment and water closet (WC) flush valves that are supplied and sold in Singapore will have to meet minimum efficiency requirements. In his speech in Parliament on Thursday (Mar 4), Minister of State for Sustainability and the Environment Desmond ...

TikTok owner ByteDance is working on a Clubhouse-like app for China, sources familiar with the matter said, as the global success of the U.S.-based audio chat service inspires a rush of copycats in the country.