Markets

The world's top asset manager BlackRock has upgraded U.S. equities to "overweight", turning bullish on quality large cap technology companies as well as small cap firms that tend to perform well during a cyclical upswing.

El Al Israel Airlines will operate 14 weekly flights from Tel Aviv to Dubai from Dec. 13, it said on Monday, joining a handful of carriers launching routes between Israel and the United Arab Emirates (UAE).

The European Commission wants to make it easier for patients to access cheaper, generic medicines, a draft EU document seen by Reuters shows, in a move that could cut the revenues of big pharmaceutical firms.

MOSCOW: Russia has opened a case against U.S. tech giant Google for failing to remove banned content from its search engine, communications watchdog Roskomnadzor said on Monday. Roskomnadzor said Google was not removing up to 30per cent of what it called "dangerous content", some of which it ...

Plug-in hybrid cars emit far more CO2 than advertised, according to tests commissioned by European campaign group Transport and Environment (T&E), which on Monday called on governments to end subsidies and tax breaks for such models.

U.S. business activity expanded at the fastest rate in more than five years in November led by the quickest pickup in manufacturing since September 2014, a survey showed on Monday in an indication the economy keeps making progress at clambering out of the COVID-19 recession even as infections surge....

Digital currencies Ethereum and XRP soared on Monday, gaining momentum as bitcoin powered on towards its all-time high.

General Motors Co must recall 5.9 million vehicles with Takata air bag inflators after a U.S. safety agency said Monday it had rejected the Detroit automaker's petition to avoid the callback.

Uber Technologies Inc and Lyft Inc have been awarded a federal contract worth up to US$810 million to offer their ride-hail services to public agencies and their more than 4 million employees and contractors across the country.

Irish Prime Minister Micheal Martin said on Monday he hoped that the outline of a Brexit free trade deal will have emerged by the end of the week and urged unprepared smaller Irish exporters to get ready for change, whether there is a deal or no deal.