Markets

REUTERS: Apple Inc said on Thursday (May 7) that it was awarding US$10 million to a maker of nasal swabs and other materials for collecting samples for COVID-19 tests in a move aimed at boosting the swab maker's production to 1 million collection kits per week by early July. The...

NEW DELHI: India will within days roll out a version of its coronavirus contact-tracing application that can run on mobile carrier Reliance Jio's cheap phones, as it looks to increase the reach of the system, a senior government official said on Thursday (May 7). India, which has imposed the...

REUTERS: GlaxoSmithKline has started a trial to test an experimental rheumatoid arthritis drug on patients suffering from COVID-19 related pneumonia, after screening its drugs for potential in the fight against the coronavirus. Drug otilimab - in which GSK acquired rights from German biotech firm ...

Motorcycle maker Harley-Davidson Inc on Thursday named Jochen Zeitz as chief executive officer. Zeitz has served as acting president and CEO of the company since February 2020.

How do you ensure that someone sick with COVID-19 stays home?

BERLIN: Retailers selling fashion online are emerging as the winners of the coronavirus crisis as consumers are staying home even as stores start to reopen, results from major companies showed on Thursday. Shares in Zalando , Europe's biggest online-only fashion retailer, jumped 11per cent to a ...

REUTERS: Wall Street analysts looked past a surprisingly shaky first quarter for payment processors PayPal Holdings Inc and Square Inc hoping that the shift towards more online buying will see their businesses surge this year. Square reported a surprise loss in the first quarter on Wednesday, as ...

Britain's biggest telecoms group BT suspended its dividend and said it would spend billions more on faster fibre broadband connections, as it prepares to meet the challenge posed by the merger of two of its biggest rivals.

U.S. stock index futures jumped on Thursday after a surprise rise in Chinese exports and a surge in oil prices spurred hopes of an economic recovery, even as investors braced for what is likely to be another gloomy weekly jobless claims report.

JetBlue Airways Corp on Thursday posted a US$268 million quarterly loss as the coronavirus pandemic hurt air travel demand, and revised its order book with Airbus SE to save US$1.1 billion in aircraft spending through 2022.