Markets

Citi expects world stocks to hover around current levels in 2021 and cuts U.S. equities to "neutral" as lockdowns induced by fresh waves of COVID infections roil global economies.

Danish prosecutors said on Thursday they had dropped charges against six former Danske Bank employees as part of an investigation into the bank's involvement in one of the world's biggest money laundering scandals.

BERLIN: German biotech firm CureVac has agreed to an alliance with drugmaker Bayer to get global support in seeking approval for its experimental COVID-19 vaccine and for distribution, the two companies said on Thursday. "Bayer will contribute its expertise and established infrastructure in ...

Europe's largest low-cost carrier Ryanair Holdings on Thursday slashed its annual traffic forecast to below 30 million passengers due to fresh lockdowns in the United Kingdom and Ireland as a result of a highly contagious new coronavirus variant.

A group of local investors in UniCredit holding an aggregate 5per cent of Italy's second-biggest bank is considering striking an accord so as to have a bigger say in the choice of a new chief executive, an Italian daily reported on Thursday.

ZURICH :LafargeHolcim will buy Firestone Building Products from Bridgestone Americas in a US$3.4 billon deal, the world's biggest cement maker said on Thursday.

REUTERS: Foreign investors were net sellers of most Asian equities in 2020, deterred by the economic slowdown due to the COVID-19 pandemic, although the flows turned positive in the fourth quarter on hopes of a recovery and vaccine optimism. Cross-border investors sold a combined total of US ...

Japan's NEC Corp has launched a facial recognition system that identifies people even when they are wearing masks, adapting to a new normal where face coverings have become a key form of protection against the spread of the coronavirus.

The board of directors of Malaysian firm Top Glove Corp, the world's largest maker of medical grade gloves, has failed egregiously in protecting its workers from COVID-19, U.S. investor BlackRock said, calling for its removal.

When you sit down at the end of the day with a glass of Johnnie Walker or Captain Morgan, you probably do not think much about all the water that goes into that glass.