Markets

The European Union has opened two investigations into Chinese exporters to assess whether steel screws are being sold in the bloc at excessively low prices and whether optical fibre cables are benefiting from unfair subsidies.

EU antitrust regulators opened on Monday a full-scale investigation into Aon's US$30 billion bid for Willis Towers Watson to create the world's largest insurance broker, concerned that the deal may reduce competition.

SINGAPORE: Two Resorts World Sentosa hotels, the Beach Villas and Equarius Hotel, have been directed to suspend bookings for one month after failing to comply with COVID-19 safe management measures, said the Singapore Tourism Board (STB) on Monday (Dec 21). The suspension will begin on Tuesday and ...

A draft law proposing to limit foreign shareholdings in Russian companies that offer online video streaming services to 20per cent could worsen the investment climate, a spokesperson for internet giant Yandex told Reuters on Monday.

Shares of electric carmaker Tesla were down ahead of their debut on the S&P 500 on Monday, as worries over a fast-spreading new coronavirus strain in Britain weighed on markets.

U.S. President-Elect Joe Biden on Monday named additional people to join the National Economic Council, his transition team said in a statement.

ROME: Italian police said on Monday a man who ran a cryptocurrency exchange that was declared bankrupt last year is suspected of being responsible for a series of hacks that caused losses of 120 million euros (US$146 million). More than 230,000 people were defrauded by the cyber-theft of a...

A watchdog has criticised the EU's new rules that aim to curb the power of Alphabet unit Google, Facebook, Apple and Amazon, potentially providing scope for companies that are targeted to challenge them.

Shares of electric carmaker Tesla were down ahead of their debut on the S&P 500 on Monday, as worries over a fast-spreading new coronavirus strain in Britain weighed on markets.

International Business Machines will acquire European startup Nordcloud, the latest in a series of acquisitions for the 109-year old firm preparing a mega spin-off to focus on cloud computing.