Markets

Australians packed into shopping malls on Thursday (Dec 17) to stock up on supplies for the Christmas holiday season, spending money that might usually go towards overseas travel and cheering an annual rite that was threatened by the COVID-19 pandemic.

Kering, the French luxury goods group whose brands include Gucci and Saint Laurent, said on Thursday that it would co-operate fully on a tax probe into the company, while rejecting any charges of wrongdoing.

SINGAPORE: Singaporean conglomerate Keppel Corp said on Thursday (Dec 17) that it is building the first offshore wind turbine installation vessel in the US for American energy company Dominion Energy. This follows the announcement in October that Keppel had secured a contract worth about S$600m in ...

Technology giant Alibaba Group Holding Ltd has facial recognition technology which can specifically pick out members of China's Uighur minority, surveillance industry researcher IPVM said in a report.

Novartis said on Thursday it had entered into an agreement to acquire U.S.-based neuroscience company Cadent for up to US$770 million, gaining full rights to Cadent's neuroscience portfolio.

Twitter Inc is reversing changes made to its retweet function intended to curb the spread of misinformation during the U.S. presidential election, the company said.

Behind the corporate battle for French media company Lagardere, there's a political tug-of-war involving the country's richest man, a media magnate and President Emmanuel Macron.

U.S. airlines are on the brink of receiving a four-month extension of a government assistance program that is expected to provide another US$17 billion to fund payroll costs, congressional aides told Reuters.

RAZER Fintech, the fintech arm of gaming hardware and software firm Razer, is partnering buy-now-pay-later (BNPL) service provider Rely to provide BNPL services in South-east Asia for merchants registered under Razer's business-to-business solution, Razer Merchant Services (RMS).

MANILA: The World Bank said on Thursday (Dec 17) its board had approved two projects worth US$900 million to support the Philippines' efforts to recover from the COVID-19 pandemic, improve competitiveness, and build resilience against shocks and natural disasters. The first is a US$600 million ...