Markets

Blackstone Group Inc , the world's largest manager of alternative assets such as private equity and real estate, reported a 4per cent rise in its first-quarter distributable earnings driven by a surge in management fees on strong fundraising, even as its funds took a hit in the coronavirus-induced ......

STOCKHOLM: Sweden said on Thursday it would introduce a limit on how much punters could gamble in online casinos for the duration of the coronavirus outbreak as isolated individuals increasingly turn to such sites for entertainment. With football and other organised sports shut down by ...

Apple Inc plans to sell Mac computers with its own main processors by next year based on the chip designs currently used in its iPhones and iPads, Bloomberg reported on Thursday.

Eli Lilly and Co beat quarterly profit estimates and raised the top-end of its 2020 earnings forecast on Thursday, benefiting from customers stockpiling on medicines such as its diabetes treatment Trulicity amid the coronavirus pandemic.

President Donald Trump's plan to fill the U.S. emergency crude oil stockpile has become the centerpiece of his administration's strategy to shield drillers from a meltdown in energy demand - but company officials and industry groups said the program will not be enough.

Germany has chosen a home-grown technology for smartphone-based tracing of coronavirus infections, putting it at odds with Apple which has refused on privacy grounds to support the necessary short-range communication on iPhones.

The eurozone economy is suffering an "unprecedented" collapse according to a PMI index released Thursday by analysis firm IHS Markit.

The International Air Transport Association's vice president for the Middle East said on Thursday that the industry body was not satisfied with regional government's efforts to support their airlines.

Companies like Facebook that operate in Vietnam should abide by local laws and fully implement their tax and social responsibilities in the country, Vietnam's foreign ministry said on Thursday.

A report which said Vietnamese government-linked hackers had attempted to break into Chinese state organisations at the centre of Beijing's effort to contain the coronavirus outbreak is "baseless", Vietnam's foreign ministry said on Thursday.