Markets

FRANKFURT: Deutsche Bank swung to a small annual profit in 2020, its first since 2014, on the back of strong gains at its investment banking division, the German lender said on Thursday. (Reporting by Tom Sims and Patricia Uhlig; Editing by Maria Sheahan)

Finnish telecom network equipment maker Nokia on Thursday reported better-than-expected fourth-quarter revenue amid a strategy revamp from new CEO Pekka Lundmark.

Rio Tinto chairman Simon Thompson is set to face further pressure over the board's handling of the destruction of sacred rock shelters in Australia after an Indigenous group accused him of breaking a personal promise, analysts said.

SINGAPORE: Operations have mostly resumed for Singapore businesses in Myanmar, recovering from temporary disruptions earlier in the week after a military coup in the country. But many declined comment on their outlook for the long term, citing uncertainty over the evolving situation and political ...

Taiwan has set up a trade office in Guyana, officials announced on Thursday, a step the United States called a "milestone" as the island tries to push back against China's campaign to keep it isolated.

Asian stocks came under pressure on Thursday as a mixed Wall Street session gave investors few immediate reasons to increase their risk positions following the recent social media-driven trading chaos.

Ford Motor has decided to terminate plans to launch electric vehicle joint ventures with China's Zotye Automobile it said on Thursday.

An engineering director and a software developer have quit Alphabet Inc's Google over the dismissal of AI researcher Timnit Gebru, a sign of the ongoing conflicts at the search giant over diversity and ethics.

Consulting firm McKinsey & Co has agreed to pay US$573 million to resolve claims by more than 40 U.S. states related to its role in the opioid epidemic and advice it gave to OxyContin maker Purdue Pharma, according to a person familiar with the matter.

The board of Parler, a social media platform backed by Republican Party donor Rebekah Mercer and favored by U.S conservatives, has fired its CEO John Matze, he said on Wednesday.