Markets

The collapse of global air travel has stopped General Electric Co's turnaround plan in its tracks and the company will have to convince investors on Wednesday that it is on course to reduce cash burn through the rest of 2020.

The U.S. Federal Reserve said on Tuesday it will extend several of its lending facilities through the year-end as the central bank continues to dial back expectations on how quickly the U.S. economy will recover from the novel coronavirus pandemic.

CES, the biggest global tech and gadget show, held every January in Las Vegas, will be only online in 2021 due to concerns over the coronavirus pandemic, organizer Consumer Technology Association said on Tuesday.

On Wednesday, Apple Inc Chief Executive Tim Cook will face questions from U.S. lawmakers about whether the iPhone maker's App Store practices give it unfair power over independent software developers.

Expectations of a borrowing deluge from corporates globally are turning bond market attention to a little-known tool that's already helping smooth trading of illiquid debt the way exchange-traded funds (ETFs) did years ago.

Tesla Inc received payroll related benefits from the government in the first half of the year to help reduce the impact of the coronavirus pandemic on its business, the electric carmaker said in a filing on Tuesday.

Amazon will begin free and same-day deliveries of groceries in London for its 'Prime' members from Tuesday, as it looks to cash in on fast-growing demand for buying essentials online, a trend that has been boosted by the coronavirus lockdown.

The negative impact of currency fluctuations on North American companies' first-quarter results rose from the preceding quarter but was well below its year-ago level, according to data from treasury and financial management firm Kyriba on Tuesday.

Florida's Basic Fun has seen a sharp pickup in business since coronavirus shutdowns started lifting in May, but the toy importer needs more cash to buy goods for the Christmas shopping season.

SINGAPORE: The Monetary Authority of Singapore (MAS) has revoked the capital markets services licence of Apical Asset Management (AAMPL) on Tuesday (Jul 28). The revocation of the company's license is due to "serious breaches of MAS' anti-money laundering/countering financing of terrorism (AML ...