Markets

Apple Inc and Alphabet Inc's Google on Thursday removed popular video game "Fortnite" from their app stores for violating the companies' in-app payment guidelines, prompting developer Epic Games to file federal antitrust lawsuits challenging the two companies' rules.

Apple will begin selling a bundle of ViacomCBS services at a reduced price on its TV+ streaming service, according to a source familiar with the matter.

Fortnite maker Epic Games has used a famous Apple advertisement against the iPhone maker in a social media campaign accompanying a legal battle it launched on Thursday.

BEIJING: China's retail sales dropped in July, official data showed on Friday (Aug 14), indicating that sluggish consumer spending could hold up the country's recovery from the coronavirus outbreak. Retail sales - a key indication of consumer sentiment - shrunk by 1.1 per cent on-year, falling ...

Oil prices advanced on Friday and were heading for a second week of gains amid growing confidence that demand for fuel is starting to pick up despite the coronavirus pandemic that has slammed economies worldwide.

CureVac BV raised US$213 million in its initial public offering on Thursday, a person familiar with the matter said, setting the stage for the first stock market debut of a company developing a promising vaccine to combat the novel coronavirus.

The We Company, owner of WeWork, told employees on Thursday that it cut its cash burn rate almost in half to US$671 million from the end of last year and obtained a US$1.1 billion commitment in new financing from majority owner SoftBank .

Airbnb said Friday it is restricting the ability of people under 25 in Britain, France and Spain from renting entire homes via its platform in order to reduce unauthorised parties and ensure safety.

Asian shares were set for a largely flat start on Friday as markets weighed a pause in Wall Street's multi-month stock rebound and awaited the release of Chinese economic data later in the session.

Australian mining magnate Gina Rinehart's Hancock Prospecting Pty is hoping a charm offensive, from annual fundraising parties to local refurbishments at a golf course, will help overcome opposition to a massive new coal mine in Canada’s Rocky Mountains.