Markets

BRUSSELS: Engineers have built a giant 'vacuum cleaner' to rid a Belgian nature reserve of millions of pieces of plastic litter too small to collect by hand. The Galgeschoor reserve, a site of mudflats and salt marshes in the port city of Antwerp, has become riddled with plastic particles...

McDonald's Corp global sales improved in the third quarter versus the second quarter, down just 2.2per cent year over year, as drive-thru orders surged and special promotions lifted sales to double-digit percentage increases in September, the company said on Thursday.

World oil demand will plateau in the late 2030s and could by then have begun to decline, OPEC said on Thursday, in a major shift for the producer group that reflects the lasting impact of the coronavirus crisis on the economy and consumer habits.

Domino's Pizza Inc reported a better-than-expected rise in quarterly comparable sales on Thursday as customers ordered more of its pizzas through delivery and takeout during the COVID-19 pandemic.

Morgan Stanley said on Thursday it will acquire investment management firm Eaton Vance Corp for about US$7 billion in a cash-and-stock deal.

Mastercard Inc has made a strategic investment in fintech firm Marqeta Inc and extended an existing partnership with the card issuing start-up, the companies said on Thursday.

Alibaba-backed Indian fintech firm Paytm is aiming for a million apps on its "mini app store" by the first quarter of 2021, it said on Thursday, seeking to challenge the dominance of Alphabet's Google in India's mobile web economy.

BANGKOK: Thailand is pushing back plans to receive its first batch of foreign tourists due to administrative issues, a senior official said on Thursday (Oct 8), adding to uncertainty about when it will welcome back visitors vital to its economy. Processes involved in applying for and issuing ...

Top executives at BitMEX, one of the world's largest cryptocurrency derivatives exchanges, will step back from their roles, the company said on Thursday, a week after U.S. prosecutors filed criminal charges against them.

Ant Group's US$35 billion initial public offering (IPO) is unlikely to suffer from any U.S. restrictions on the Chinese financial technology giant due to its very limited overseas presence, potential investors and analysts said.