Markets

A veteran rocket from billionaire entrepreneur Elon Musk’s SpaceX aerospace company launched 143 spacecraft into space on Sunday, a new record for the most spaceships deployed on a single mission, according to the company.

Bridgewater Associates founder Ray Dalio wrote on Twitter on Sunday that the United States is still in a "terrible financial state" and remains "terribly divided", but added he liked what he heard from President Joe Biden at his inauguration.

German car manufacturer Volkswagen is in talks with its main suppliers about possible claims for damages due to a shortage of semiconductors, a company spokesman said on Sunday.

SAN FRANCISCO: Tesla has sued a former employee for allegedly stealing about 26,000 confidential files in his first week of working at the company, according to a court filing seen by AFP. The company said on Friday (Jan 23) that within three days of being hired, software engineer Alex...

TOKYO: Japanese trading house Sumitomo Corp will stop investing in new oil development projects as it shifts away from fossil fuels businesses amid a global push to cut greenhouse gas emissions, the Nikkei business daily reported on Sunday (Jan 24). The move comes as global miners and Japanese ...

Taiwan's Ministry of Economic Affairs said on Sunday it has received requests through diplomatic channels to help ease a shortage of chips for the auto sector and that it has asked local tech firms to provide "full assistance".

AMSTERDAM: Dutch airline KLM will keep operating long haul flights, including for vaccine distribution, after agreeing with the government on softer demands for returning air crews to carry out rapid COVID-19 tests. The Dutch arm of Air France-KLM said earlier in the week it would cancel all its ......

BRUSSELS: You're stuck in lockdown but that doesn't mean you can't visit a tropical island, a space station or have games night with your friends - certain video games have filled the need of the world's confined for a bit of distraction, adventure and socialising and achieved unexpected success...

LONDON: London will enjoy a very strong year for stock market flotations, analysts say, arguing that both Brexit and COVID-19 offer firms a unique opportunity to expand. Various big-name businesses that have seen booming online demand from home-bound customers during COVID-19 lockdowns have ...

WASHINGTON: When COVID-19 first swarmed the United States, one health insurer called some customers with a question: Do you have enough to eat? Oscar Health wanted to know if people had adequate food for the next couple of weeks and how they planned to stay stocked up while hunkering...