Markets

Coca-Cola Co will cut 2,200 jobs globally, including 1,200 in the United States, it said on Thursday (Dec 17), as the economic fallout from the COVID-19 pandemic forces the world's largest soda maker to accelerate its business restructuring.

Canada expects to lift its flight ban on the Boeing 737 MAX jetliner in January, the country's aviation regulator said on Thursday, after it approved design changes to the aircraft grounded in March 2019 following two fatal crashes.

Over 150 million American shoppers could take advantage of Super Saturday this holiday season, with over 2 more million people compared to last year, the National Retail Federation said on Thursday.

A National Labor Relations Board (NLRB) investigation has found merit to a complaint that said Amazon.com Inc illegally discharged a protesting warehouse worker in New York City, according to an NLRB spokesperson.

The massive hacking campaign disclosed by U.S. officials this week and tentatively attributed to the Russian government extended beyond users of pervasive network software that had been compromised.

The number of Americans filing first-time claims for jobless benefits unexpectedly rose last week as a relentless wave of new COVID-19 infections hobbled business operations, offering more evidence that the economy's recovery from the pandemic recession was faltering.

Biogen Inc has agreed to pay US$22 million to resolve U.S. allegations that it illegally used two charities that help cover Medicare patients' out-of-pocket drug costs as a means to pay them kickbacks to use its multiple sclerosis drugs.

Two members of the wealthy Sackler family who own OxyContin maker Purdue Pharma LP offered apologies on Thursday for the role the prescription painkiller has played in the deadly U.S. opioid epidemic but sought to deflect personal responsibility in response to withering criticism from lawmakers.

Google should voluntarily take action immediately to better vet paid-for promotions for financial products, Britain's Financial Conduct Authority said on Thursday after a damning report on the watchdog's handling of a collapsed fund.

The makers of Morbier, a creamy French cheese with a seam of dark ash through its middle, on Friday won their fight against a copycat after the European Union's top court said a lookalike product and the way it is marketed could mislead consumers.