Markets

OneWeb launched 36 satellites into orbit from a cosmodrome in the far east of Russia on Thursday as part of the satellite firm's plans to deliver global high-speed internet access.

U.S. solar panel maker SunPower Corp said on Thursday Chief Executive Tom Werner will retire after 18 years with the company, and will be succeeded by former Amazon.com Inc executive Peter Faricy.

CAMBRIDGE, Massachusetts: Former Google CEO Eric Schmidt and his wife, Wendy, have given US$150 million to a research institute to establish a “new era of biology” aimed at battling diseases with a mix of data and life science studies. The Massachusetts-based Broad Institute of MIT and Harvard ...

DETROIT, Michigan: General Motors on Thursday (Mar 25) said it is expanding its board of directors to 13 persons, with women holding seven of the seats. GM named two new directors, Meg Whitman and Mark Tatum. Whitman, 64, is a longtime tech executive and former Republican candidate for governor...

WASHINGTON: The number of people seeking unemployment benefits in the United States fell sharply last week to 684,000, the fewest since the COVID-19 pandemic erupted a year ago and a sign that the economy is improving. The Labor Department on Thursday (Mar 25) showed that jobless claims fell from...

U.S. vaccine developer Vaxcyte Inc on Thursday asked board chairman Moncef Slaoui to step down, a day after GlaxoSmithKline dismissed him as an independent probe found he had sexually harassed a GSK employee several years ago.

Major miners need to increase spending to secure fresh copper supply, analysts say, amid worries that availability of the red metal, crucial for the shift to a low carbon world, will slide just as demand surges.

Nike and Adidas came under fire on Chinese social media on Thursday after Beijing's propaganda offensive against Swedish fashion brand H&M sparked by the company's expression of concern about labour conditions in Xinjiang.

Amazon asked the Indian government on Thursday not to change e-commerce foreign investment rules until investigations into its business practices had been concluded, two sources familiar with the discussions told Reuters.

Cboe Global Markets Inc said on Thursday it was expanding into Asia by acquiring share trading platforms in Australia and Japan to broaden its footprint in the increasingly competitive sector of financial market data.