Markets

Canadian prosecutors told a court on Thursday that a judge was not best-placed to decide whether national security and geopolitical concerns can be used to strike down the request by the United States to extradite Huawei Chief Financial Officer Meng Wanzhou.

A surge in blank-cheque investment vehicle fundraising and frantic pandemic-related trading in 2020 boosted investment banks' income by a record 28per cent from the year before, a report showed on Friday.

Commodities-related revenue at the world's 12 biggest investment banks surged by 85per cent last year compared to 2019 as oil and metals trading made further strong gains, consultancy Coalition said on Friday.

Gap Inc missed Wall Street estimates for quarterly sales on Thursday, hurt by store closures and falling demand for apparel at its namesake brand and Banana Republic.

SAN FRANCISCO: Former US president Donald Trump will be allowed back on YouTube but only when the threat of his inciting violence abates, the head of the popular online video sharing platform said on Thursday (Mar 4). YouTube in late January suspended Trump's channel, joining other social media ......

Payments firm Square Inc agreed on Thursday to buy a majority stake in rapper Jay-Z's Tidal music streaming service for US$297 million in a deal that could popularize blockchain or other new approaches to storing and buying online media.

Stellantis on Thursday announced distribution of the stake it still holds in auto parts maker Faurecia to its shareholders.

Wells Fargo & Co said on Thursday it will give all employees up to 8 hours of paid time off to accommodate COVID-19 vaccine appointments, according to a memo seen by Reuters.

Having transformed the club of his home state, Tunku Ismail, unlike current Valencia owner Peter Lim, has a track-record of football success, says John Duerden.

WASHINGTON: The United States on Thursday (Mar 4) unveiled new penalties to punish Myanmar's army for its Feb 1 coup, adding the country's ministries of defence and home affairs and its top military conglomerates to a trade blacklist. Washington has also subjected Myanmar to "military end ...