Markets

THE Singapore dollar nominal effective exchange rate (SGDNEER) path may not return to appreciation bias until as late as 2022, analysts say.

Eager to capture any holiday-related spending as early as possible this year, Walmart Inc , ASOS , Best Buy and other major retailers are turning Black Friday into a multi-day promotion.

The price of Model S sedan will be cut to US$69,420 tonight, Tesla Inc Chief Executive Officer Elon Musk said in a tweet https://bit.ly/2H0JCP0 on Wednesday.

United Airlines said on Wednesday its total revenue dropped 78per cent in the third quarter, slowing from an about 87per cent plunge in the previous quarter as demand for air travel gradually recovered from the coronavirus crisis.

Incoming cargo to the Port of Los Angeles is surging as businesses restock depleted inventories and retailers prepare for an early holiday season, the executive director for the nation's busiest seaport said on Wednesday.

Financial leaders from the Group of 20 major economies on Wednesday underscored the urgent need to bring the spread of the coronavirus pandemic under control, and vowed to "do whatever it takes" to support the global economy and financial stability.

US poultry company Pilgrim's Pride Corp said on Wednesday (Oct 14) it will pay a US$110.5 million fine after striking a plea deal with the Justice Department over price-fixing charges on chicken products.

Amazon.com Inc has reinstated warehouse productivity quotas despite telling a judge it was suspending them during the COVID-19 pandemic, Bloomberg News reported on Wednesday, citing a court filing by company workers.

A group of 25 state attorneys general oppose a settlement of U.S. opioid probes being negotiated with Purdue Pharma LP and members of the wealthy Sackler family who own it, arguing the deal would improperly entangle state and local officials with future sales of the company's addictive pain drug...

The U.S. State Department has submitted a proposal for the Trump administration to add China's Ant Group to a trade blacklist, according to two people familiar with the matter, before the fintech arm of e-commerce giant Alibaba is slated to go public.