Markets

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.

Walmart Inc's Indian e-commerce firm Flipkart and digital payments business PhonePe have room for other investors and could raise money in several ways including stock market listings, the U.S. retail giant's CEO said on Thursday.

TEMASEK International's head of sustainability and stewardship group, Robin Hu, will head its international policy & governance group as Ikea's former chief sustainability officer (CSO) Steve Howard joins Temasek to lead its sustainability group.

NEW YORK: Hedge fund Citadel's investments in commodities returned more than US$1 billion this year, according to three people familiar with the matter, helping to drive strong overall performance for one of the world's largest funds. The fund, led by Chicago billionaire Ken Griffin, benefited ...

SINGAPORE: As the COVID-19 pandemic wears on, co-working spaces in Singapore are seeing signs of recovery – fuelled by companies seeking flexible contracts and people hoping to escape working from home. While business was hit hard during the country’s “circuit breaker”, operators said occupancy ...