Markets

The chief executive of Cenovus Energy said he is confident shareholders will approve its acquisition of rival Husky Energy, despite big quarterly losses and a stock sell-off.

A federal judge on Thursday granted a last-minute request to stop the U.S. government from turning over to Japan two Massachusetts men to face charges that they helped smuggle former Nissan Motor Co Chairman Carlos Ghosn out of the country while he was awaiting trial on financial crimes.

Apple , Facebook , Amazon and Alphabet rallied on Thursday ahead of earnings reports from the quintet of technology titans that has helped keep Wall Street in positive territory this year, despite the coronavirus pandemic.

Oil prices tumbled by more than 4per cent on Thursday, dropping to a five-month low and extending the previous day's sharp decline on the impact renewed coronavirus lockdowns could have on oil demand.

While economic growth galloped to produce the strongest three-jump month jump in U.S. history in July, August and September, more critical to the recovery now is how much of that momentum survives the possible upheaval of next week's election and the spread of coronavirus infections.

American Express said on Thursday it was investing US$1 billion to advance racial and gender equality, the latest in a line of U.S. companies pledging to promote social justice after a series of race-related protests earlier in the year.

Exxon Mobil said on Thursday it will lay off about 1,900 employees in the United States as the COVID-19 pandemic batters energy demand.

SINGAPORE: A new work group that will come up with measures to address issues on the salaries and work environment of low-wage workers was launched on Thursday (Oct 29).  The Tripartite Workgroup on Lower-Wage Workers will be spearheaded by Senior Minister of State for Manpower Zaqy Mohamad, and ......

Exxon Mobil Corp was once the largest U.S. publicly traded company in the United States. Now, the oil major is not even the largest energy name, having been surpassed by rivals and even a renewable company, as it tries to maintain its hefty dividend.

Dan Elwell, the No. 2 official at the U.S. Federal Aviation Administration (FAA) who oversaw the agency during the initial phase of the Boeing 737 MAX crisis, plans to step down, he told Reuters.