Markets

LONDON: Britain's economic recovery from its COVID-19 crash was a bit quicker than previously thought in the July to September period, according to official data which also showed government borrowing soaring to pay for the coronavirus crisis. Gross domestic product grew by a record 16 per cent in ...

With Europe in coronavirus lockdown, venture capital fund manager Fergal Mullen told his investors in April he would find it hard to back a startup without first meeting its founders.

Socially conscious bond investors will be targeted in a coming wave of vaccine bond deals that will seek to provide billions of dollars for the speedy rollout of COVID-19 shots for developing countries.

Aircraft manufacturer Airbus SE said it stands to lose more than US$5 billion woth of aircraft orders if AirAsia X Bhd's (AAX) debt restructuring scheme goes through, court documents showed, joining a dozen creditors that have challenged the Malaysian low-budget carrier's plan.

Facebook Inc and Alphabet Inc's Google agreed to "cooperate and assist one another" in case of an investigation into their pact to work together in online advertising, the Wall Street Journal reported late on Monday.

The so-called "stay-at-home" trade will not end next year even if the pandemic is defeated, according to managers of the top-performing U.S. mutual fund managers of 2020. They are continuing to bet on those stocks.

The oil market has rallied almost 40per cent in the last two months, pushing benchmarks to nine-month highs, in a euphoric response to progress on COVID-19 vaccines that has investors thinking the end of the coronavirus pandemic is in sight.

BENGALURU: The parent of a TikTok copycat from India has raised more than US$100 million from investors including Alphabet Inc's Google and Microsoft, months after the Chinese-owned short-video app was banned in the country. The app, Josh, is one of several home-grown short-video platforms ...

ZA Tech Global and the holding company of OVO Group have tied up to launch a new insurtech business in Indonesia, they said on Tuesday in a joint press statement.

China's ByteDance is in talks to buy into mobile games publisher CMGE Technology Group Ltd, four people with direct knowledge of the matter told Reuters, as the owner of short video app TikTok moves to strengthen its next pillar of growth.