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Twitter expands misinformation rules ahead of US election

Twitter Inc said on Thursday it would label or remove misinformation aiming to undermine confidence in the U.S. election, including posts claiming victory before results have been certified or inciting unlawful conduct to prevent a peaceful transfer of power.

Markets

Americans splurged over Labor Day weekend. That’s the good news

People flocked to stores - and back to restaurants - over Labor Day weekend in the United States, setting post-pandemic highs for retail foot traffic and seated dining but also posing a puzzle.

Markets

Volkswagen’s Skoda Auto aims to shift some production, union says

Volkswagen's Czech unit Skoda Auto plans to shift production of some high-earning models to other VW group plants in other countries, the carmaker's trade union boss said in an article on Thursday.

Markets

Ex-Theranos CEO Holmes puts mental state at issue, to be examined by US experts

A federal judge ordered former Theranos Inc Chief Executive Elizabeth Holmes to be examined by U.S. government experts, after lawyers defending her against criminal fraud charges said they may offer evidence she suffered from a mental disease or defect.

Markets

US weekly jobless claims flattening; labor market recovery showing signs of fatigue

The number of Americans filing new claims for unemployment benefits hovered at high levels last week, suggesting the labor market recovery from the COVID-19 pandemic was stalling.

Markets

Nikola, short seller Hindenburg clash over critical report

Shares of Nikola Corp fell 8per cent on Thursday after Hindenburg Research shorted the stock and labeled the electric truck maker a "fraud" in a scathing report, evoking a sharp response from the company, which accused the short-seller of manipulating the high-flying stock.

Markets

Singapore welcomes talks with Hong Kong on resuming cross-border travel

SINGAPORE: Singapore welcomes discussions with Hong Kong on the gradual resumption of cross-border travel between both sides, with safeguards in place, said the Singapore Consulate-General in Hong Kong in a statement on Thursday (Sep 10). “The resumption of safe cross-border travel between ...

Markets

Senate panel to take up FAA aircraft certification reform bill

The U.S. Senate Commerce Committee on Sept. 16 will hold a hearing to consider a bill to strengthen U.S. oversight of aircraft certification following two fatal Boeing Co 737 MAX crashes.

Markets

VW’s trucks arm Traton sweetens Navistar offer to US$43 per share

Volkswagen's trucks arm Traton on Thursday increased its takeover offer for U.S. peer Navistar to US$43.00 per Navistar share, up from US$35 per share.

Markets

Options market signals bumpy ride for Tesla shares

Tesla shares edged up on Thursday in U.S. premarket trade, extending a recovery from this week's drop, but analysts see a bumpy ride ahead as an extreme build-up in derivative positions caps the stock and precludes a full rebound.

Markets

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