Markets

Global shares rose for the 11th day in a row to reach a fresh peak on optimism about the rollout of COVID-19 vaccines and new fiscal aid from Washington, while tensions in the Middle East drove oil to a 13-month high.

French tycoon Vincent Bollore will retain strong influence over Universal Music Group as a major shareholder following its planned 30-billion-euro (US$36 billion) spin-off on the stock market by media conglomerate Vivendi .

EU antitrust regulators are set to grant conditional clearance to German health group Siemens Healthineers' US$16.4-billion bid for U.S. peer Varian Medical Systems Inc, three people familiar with the matter said.

Luxury car group Jaguar Land Rover (JLR) unveiled plans to go electric on Monday, saying it aims to be net zero on carbon emissions by 2039 as it joined a global race to roll out clean-energy vehicles.

SINGAPORE: Singapore Airlines (SIA) Group's overall passenger carriage for January fell by 97.3 per cent year-on-year, as demand for air travel continued to remain "depressed" due to ongoing worldwide border controls and travel restrictions.  "Some governments further tightened measures in ...

SINGAPORE: ComfortDelGro on Monday (Feb 15) said that it registered its first full-year operating loss in 2020 due to the COVID-19 pandemic, before taking into account Government relief packages. With economic activity coming to a "near standstill" in the markets it operates in, ComfortDelGro said ...

Google Ireland and Google France have agreed to pay a 1.1 million euros (US$1.34 million) fine after a probe found that Google's hotel rankings could be misleading for consumers, France's finance ministry and fraud watchdog said on Monday.

JAKARTA: Indonesian tycoon Hary Tanoesoedibjo, a business partner of former US president Donald Trump, launched on Monday (Feb 15) construction on a movie studio as part of a tourism complex on Java island that is set to receive tax breaks. Lido City is the umbrella project located around 60km...

New post-Brexit trade restrictions have pushed up the cost of parts and raw materials for two thirds of small British manufacturers surveyed last month, and a majority reported some level of disruption.

Paralysed by financial crisis and riven with political risk, a number of Lebanon's banks are struggling to meet a central bank target to raise their capital defences by 20per cent by the end of this month.