Markets

Facebook Inc on Thursday acquired Swedish mapping technology company Mapillary, which collects images from tens of thousands of contributors to build immersive and up-to-date maps, the companies said.

WASHINGTON, DC: President Donald Trump warned on Thursday (Jun 18) that "complete decoupling" between the deeply intertwined US and Chinese economies remains a potential policy. The US "certainly does maintain a policy option, under various conditions, of a complete decoupling from China. Thank ...

U.S. grocery retailer Albertsons Cos Inc said on Thursday it is targeting to raise up to US$1.51 billion in an initial public offering.

U.S. President Donald Trump on Thursday renewed his threat to cut ties with China.

The S&P 500 and the Dow were largely unchanged on Thursday as investors stayed on the sidelines amid an uptick in coronavirus infections in parts of the United States and an elevated level of weekly jobless claims.

NEW YORK: Wall Street stocks finished little changed on Thursday (Jun 18) as investors weighed data showing stubbornly high jobless claims against optimism over the impact of monetary stimulus. The Dow Jones Industrial Average ended down 0.15 per cent at 26,080.10. The broad-based S&P 500 edged ...

NEW DELHI: India on Thursday (Jun 18) fully lifted an export ban on hydroxychloroquine, a drug favoured by US President Donald Trump as a treatment against coronavirus, as questions remain over the malaria medicine's effectiveness against COVID-19. The Directorate General of Foreign Trade said in ...

WASHINGTON, DC: US House of Representatives Democrats on Thursday (Jun 18) unveiled a US$1.5 trillion infrastructure bill that they will seek to pass in coming weeks, arguing it has been made more urgent by the coronavirus pandemic. The legislation would spur construction or improvements of roads ...

Commercial insurers are scrutinizing building managers' efforts to avoid outbreaks of Legionnaires' disease as they re-open movie theaters, gyms, schools and offices that had been closed for months due to the coronavirus pandemic, industry sources told Reuters.

Electric vehicle maker Tesla Inc wants to start building a new and large vehicle assembly plant in the southwestern United States as early as the third quarter of this year, the company told Texas officials in documents made public this week.