Markets

Solar stocks dazzled in 2020 and looked set to wrap up a year ravaged by the COVID-19 pandemic with triple-digit gains amid a shift in focus to 'clean energy' as the outbreak decimated the global oil industry.

Mixed messages from banks and the U.S. Treasury Department have caused confusion and frustration for millions of struggling Americans waiting for the government to deposit stimulus payments into their bank accounts.

Amazon.com Inc said on Wednesday it would acquire podcast startup Wondery, aiming to beef up non-musical content on its Amazon Music app.

Department store chain J.C. Penney Co Inc said on Wednesday its new owners Simon Property Group and Brookfield Asset Management Inc have begun a search for a new chief executive officer to replace Jill Soltau.

U.S. gasoline prices hit a nine-month peak as drivers took to the roads on holiday travel, crude oil prices kept climbing and refiners further cut fuel production due to weak margins.

SINGAPORE: Three shopping malls, several restaurants, a Clementi supermarket and the Ghim Moh Market and Food Centre were on Wednesday (Dec 30) added to the Health Ministry's (MOH) list of public places visited by COVID-19 community cases during their infectious period. This follows the community ...

Crude inventories fell by 6.1 million barrels in the week ended Dec. 25 to 493.5 million barrels, compared with analysts' expectations in a Reuters poll for a 2.6 million-barrel drop.

REUTERS: Boutique investment bank Perella Weinberg Partners on Wednesday agreed to go public through a merger with a blank-check firm, or a special purpose acquisition company (SPAC), backed by banking entrepreneur Betsy Cohen in a deal valued at US$975 million. Cohen's FinTech Acquisition ...

U.S. jeweler Tiffany & Co's shareholders on Wednesday approved a US$15.8 billion deal with France's LVMH, ending an acrimonious dispute between the two luxury retailers that had stretched for more than a year.

U.S. stock index futures rose on Wednesday as investors focused on prospects of a gradual vaccine-led economic recovery next year and more monetary and fiscal support.