Markets

Italian luxury brand Valentino and Internet giant Amazon have filed a joint lawsuit against New York-based Kaitlyn Pan Group for allegedly counterfeiting Valentino's shoes and offering them for sale online.

Markus Duesmann, the head of Audi , will also head the research and development division at German carmaker Volkswagen's premium brand, two sources told Reuters on Thursday.

Prudential sold a minority stake in its U.S. business, Jackson, to Apollo Global-backed Athene Holding for US$500 million, the insurer said on Thursday, in the first phase of its plan to create an independent U.S. business.

Podcasts featuring Batman, Wonder Woman and Superman will soon stream on Spotify as the Swedish music streaming company has signed a deal with AT&T Inc's Warner Bros and DC Entertainment.

PARIS: Failure to work towards an international deal on taxing big digital companies could trigger a dangerous trade war, the OECD said on Thursday, urging countries to remain engaged in talks after Washington announced it was pulling out of them for now. "Absent a multilateral solution, more ...

Colgate-Palmolive on Thursday said it was working to review and evolve its Chinese toothpaste brand, Darlie, the latest in a string of brand reassessments amid a U.S. debate on racial inequality.

U.S. investors have ramped up investments in growth funds over the past few months on expectations of higher returns and safety, while they dumped value funds despite cheaper prices after this year's pandemic-linked selloff.

LONDON: The British government will abandon the centralised model of its coronavirus test-and-trace app and switch to one based on technology provided by Apple and Google, the BBC reported on Thursday. Apple and Google have been in talks with Britain about the technology, which uses a ...

Saudi Arabia's Public Investment Fund will invest 113.67 billion rupees (US$1.49 billion) in Reliance Industries Ltd's Jio Platforms, the Indian oil-to-telecoms conglomerate said on Thursday.

Kroger Co said it expects to exceed its 2020 outlook for same-store sales and profit after beating Wall Street expectations for quarterly results on Thursday, as the U.S. supermarket chain benefited from consumers stocking up on essentials during the coronavirus lockdowns.