Markets

The arts and humanities should gain traction in the age of tech and coronavirus, say Linda Lim, Gunalan Nadarajan and Jessie Yang.

Demand for goods the money can be spent on has disappeared as businesses see little need for new capital spending to meet market demand that does not exist, says the Financial Times' John Dizard.

Sandwich maker Potbelly Corp on Monday promised to reimburse activist shareholders' expenses with stock not cash, creating a situation that lawyers call an outlier for now but which they said could find traction in tough economic times.

President Donald Trump on Monday said he is not in favor of the United States reopening negotiations with China on Phase 1 of a trade deal, which the two countries agreed on at the beginning of the year.

NEW YORK: Wall Street stocks finished mixed on Monday (May 11) as markets weigh hopes about reopening the economy against worries over coronavirus cases and the damage already inflicted by the shutdowns. The Dow Jones Industrial Average ended down 0.45 per cent at 24,221.99. The tech-rich Nasdaq ...

Tesla Inc on Monday told employees at its California vehicle factory to return to work, a few days after local officials said the plant should remain closed as lockdown measures remain in effect to curb the spread of the coronavirus.

LONDON: Britain's smaller companies could be saddled with up to 105 billion pounds (US$129 billion) in "unsustainable" debt by March next year that will need recapitalising, a financial services body told the Bank of England on Monday (May 11). TheCityUK, which promotes Britain's financial ...

A special committee of WeWork board members filed a motion in Delaware on Monday to prevent it from being disbanded, as it pursues legal action against majority owner SoftBank Group Corp over an abandoned US$3 billion tender offer for the office space-sharing start-up.

REUTERS: Billionaire Richard Branson's Virgin Group said on Monday (May 11) that it may sell up to 25 million shares of space tourism company Virgin Galactic Holdings Inc to raise funds amid the COVID-19 pandemic. The company said it intends to use the proceeds to support its portfolio of...

Billionaire Richard Branson's Virgin Group said on Monday that it may sell up to 25 million shares of space tourism company Virgin Galactic Holdings Inc to raise funds amid the COVID-19 pandemic.