Markets

SINGAPORE: Embattled cruise operator Genting Hong Kong has agreed to sell Zouk Group for S$14 million, as part of efforts to "aggressively minimise expenses and conserve cash" amid the COVID-19 pandemic. Genting Hong Kong bought the nightclub operator from founder Lincoln Cheng in 2015 for an ...

Alphabet Inc's Google and Apple Inc on Tuesday announced a new system that will enable public health authorities to use smartphones to assist in contact tracing without having to build an app.

Toyota Motor Corp on Tuesday reported its fifth straight month of declines in the United States in August as demand for cars remained sluggish even after factories and dealerships reopened from coronavirus-led lockdowns.

U.S. manufacturing activity accelerated to a more than 1-1/2-year high in August amid a surge in new orders, but employment continued to lag, supporting views that the labor market recovery was losing momentum.

REUTERS: Robinhood Markets Inc, the fintech startup credited with helping popularize trading among millennials, said on Tuesday it had restored services on its trading app following a brief "service disruption" earlier in the day. Since March, the app has experienced outages especially on days ...

BEIJING: China said on Tuesday (Sep 1) it had suspended barley imports from Australia's largest grain exporter, a ruling that threatens to inflame bilateral tensions. China's General Administration of Customs said barley shipments from CBH Grain would be halted after pests were found on multiple ...

OSLO: The Norwegian parliament suffered a cyber attack during the past week and the e-mail accounts of several elected members as well as employees were hacked, the national assembly and a counter-intelligence agency said on Tuesday. "This has been a significant attack," said Marianne Andreassen ...

The U.S. House Oversight Committee has decided to subpoena drugmaker Abbvie Inc to seek documents as part of its investigation into drug pricing practices.

NEW DELHI: India's minister for information technology and law Ravi Shankar Prasad raised concerns on Tuesday over the deletion of some pages and posts on Facebook, accusing some employees of the social media platform in India of bias and inaction. "There was a concerted effort by Facebook India ......

Samsung Electronics Co Ltd's latest foldable smartphone is also its largest, offering users a tablet-size screen 12per cent bigger than its first Galaxy Fold.