Markets

Morgan Stanley is planning to shift around 100 billion euros (US$121 billion) in assets to Frankfurt from Britain next year as a consequence of Brexit, a person with knowledge of the matter said on Thursday.

Tech companies with millions of European users or active in at least two sectors will be classified as online gatekeepers subject to tough new EU rules aimed at curbing their power, three people familiar with the matter said on Thursday.

LOS ANGELES: United Parcel Service and FedEx Corp plan to deliver millions of doses of COVID-19 vaccines before holiday gifts: giving them VIP handling that includes GPS tracking, special labels and first-loaded status on planes and trucks. The largest U.S. package delivery companies are key ...

LONDON: England's COVID test and trace system is making a 500 pound (US$665) support payment available for people who self-isolate after receiving a notification via its app, it said on Thursday. The money was already available for people told to self-isolate by contact tracers via phone ...

The number of Americans filing first-time claims for jobless benefits jumped to a near three-month high last week as mounting new COVID-19 infections led to more business restrictions, further evidence that the pandemic and lack of additional fiscal stimulus were hurting the economy.

Cyber attacks have been waged against COVID-19 vaccine distribution infrastructure, including a cold-chain storage company, U.S. Senator Gary Peters said on Thursday.

New applications for US unemployment benefits surged last week by 137,000, according to government data released Thursday, underscoring the need for more economic stimulus as Covid-19 cases hit new peaks.

BRUSSELS: Fifteen former presidents and premiers of European Union states have called on the European Commission to ensure democratic safeguards are included in new rules targeting Facebook, Google and Apple. In a letter sent to Commission President Ursula von der Leyen on Tuesday, the ex ...

"Your generation has accomplished extraordinary things. But did you have to bankrupt this planet?"

Shares of Airbnb Inc were set to soar in the biggest U.S. stock market debut of 2020 on Thursday, capping a record year for new listings that has seen investors flock to tech darlings.