Markets

Oil prices rose on Wednesday, with U.S. crude gaining for a seventh day, after an industry report showed a further drop in inventories and investors shrugged off worsening developments in the pandemic.

SAN FRANCISCO: WhatsApp on Tuesday (Jan 12) reassured users about privacy at the Facebook-owned messaging service as people flocked to rivals Telegram and Signal following a tweak to its terms. There was "a lot of misinformation" about an update to terms of service regarding an option to use ...

Gary Gensler will be named chair of the U.S. Securities and Exchange Commission (SEC) by President-elect Joe Biden, said two sources familiar with the matter, an appointment likely to prompt concern among Wall Street firms of tougher regulation.

Asian stocks opened mostly higher on Wednesday, tracking modest Wall Street gains as prospects of an eventual victory against coronavirus shored up recovery hopes, while tight supply expectations pushed oil prices to their highest in a year.

The head of Intel Corp's self-driving car subsidiary said on Tuesday the company wants to shift toward using its own radar-based technology and use a single lidar sensor per vehicle by 2025 in a bid to lower the cost of autonomous driving.

Surveillance technology could help in ensuring workplace safety amid the pandemic, but its outcomes depend on the people who wield it, says an observer.

The U.S. Federal Trade Commission's antitrust lawsuit against Facebook was transferred to another judge on Tuesday so that it and a similar case filed by state attorneys general will be heard by the same person, according to a court filing on Tuesday.

JetBlue Airways and American Airlines Group will refrain from "certain kinds of coordination" in some cities, where they are substantial competitors to each other, the carriers said on Tuesday.

Online misinformation that led to violent unrest at the Capitol last week has gone beyond false claims and has reached the point of "radicalisation," researchers told a Reuters Next panel on Tuesday (Jan 12).

General Motors Co on Tuesday presented a futuristic flying Cadillac - a self-driving vehicle which takes off and lands vertically and carries the passenger above the streets and through the air.