Markets

INSTEAD of obtaining shareholders' approval before it buys the loss-making operator of family attraction KidZania, Sim Leisure will be seeking their approval by way of ratification after the deal has been completed.

CIMB Singapore has dropped three long-time banking heads, as the lender restructures its business amid dismal results in the Republic.

Apple Inc and AT&T asked the judge hearing the Justice Department's lawsuit against Alphabet's Google on Friday to allow them to designate certain data in the complaint "highly confidential," to ensure that no-one from Google could see it.

The S&P 500 and the Dow edged lower on Friday as investors headed into the weekend grappling with disappointing fiscal stimulus news and uncertain efforts to combat a spiraling COVID-19 pandemic with vaccines.

The uneasy balance between the wildfire-like spread of the coronavirus in the United States and an economy that remains largely open may be tested in coming weeks if face mask mandates and other lighter-touch measures fail to control the crisis.

Germany would need to reach a consensus within government that a telecoms vendor poses a national security threat in order to exclude its equipment from national 5G networks, according to draft legislation reviewed by Reuters on Friday.

The U.S. economy does not appear to be slowing down and a targeted coronavirus relief package is all that is warranted, White House economic adviser Larry Kudlow told Fox News on Friday.

Bitcoin rose to a nearly three-year high on Friday, as investors continued to scoop the virtual currency on expectations it could well exceed its all-time peak of just under US$20,000.

Johnson & Johnson has been ordered by a New York state judge to pay US$120 million in damages to a Brooklyn woman and her husband, after she blamed her cancer on asbestos exposure from using the company's baby powder.

PARIS: Airlines need up to another US$80 billion to survive, the head of the industry's trade association told a French daily on Friday (Nov 20), as many countries tighten restrictions to confront another wave of coronavirus infections. "For the coming months the industry is estimated to need US ...