Markets

Facebook Inc and Twitter Inc said on Thursday they had taken down more than a dozen disinformation networks used by political and state-backed groups to deceive users on the social media platforms in multiple countries.

Hurricane Delta raked across the prime U.S. offshore oil producing areas in the Gulf of Mexico on Thursday as energy companies pulled workers from offshore platforms and began securing coastal processing plants.

Virgin Hyperloop has picked the U.S. state of West Virginia to host a US$500 million certification center and test track for billionaire Richard Branson's super high-speed travel system, the company told Reuters.

Morgan Stanley has agreed to buy Eaton Vance Corp for about US$7 billion in a cash-and-stock deal that can quickly expand its investment-management business and add more offerings for retail investors, the bank said on Thursday.

Spain's Telefonica is in the final stages of negotiating a roughly 5 billion euros (US$5.9 billion) deal to build a fibre-optic network in Germany, people close to the matter said.

SINGAPORE: A national-level accreditation was launched on Thursday (Oct 8) to recognise firms whose hiring practices are inclusive to people with disabilities.  The Enabling Mark is the "first of its kind" accreditation in Singapore, said SG Enable in a media release. "(It) seeks to incentivise ...

The head of the U.S. Securities and Exchange Commission (SEC) said on Thursday that the agency has brought 700 enforcement actions in the 2020 fiscal year, a 'significant' amount after March 15.

UK lawmakers warn Huawei 5G may need to be banned earlier

Wall Street's main indexes were set to rise for a second straight day on Thursday as bets of a piecemeal fiscal stimulus deal lifted sentiment, while data on weekly jobless claims showed the labor market recovery continued to sputter.

Carnival Corp on Thursday reported a loss of US$2.86 billion for the third quarter and said it expected another quarter of losses as a majority of the cruise operator's voyages have been halted due to the COVID-19 pandemic.