Markets

WASHINGTON: US job growth slowed more than expected in September as the recovery from the COVID-19 slump shifts into lower gear amid diminishing government money and a relentless pandemic, leaving many at the risk of being permanently unemployed. In the last monthly employment report before the ...

Facebook's run-ins with EU privacy regulators may escalate as Europe's top court next week weighs arguments from the Belgian data protection watchdog that it should have the power to go after the U.S. social media giant for breaches in Belgium.

ISTANBUL: Turkey's wealth fund is in talks to provide emergency funding to flag carrier Turkish Airlines, one of the country's hardest-hit companies when the coronavirus pandemic halted nearly all flights, four sources told Reuters on Friday (Oct 2). The sources close to the matter said the ...

Facebook's run-ins with EU privacy regulators may escalate as Europe's top court next week weighs arguments from the Belgian data protection watchdog that it should have the power to go after the U.S. social media giant for breaches in Belgium.

SINGAPORE: Consumer internet company Sea Limited has agreed to hire and train 500 Singaporeans in a partnership with the Infocomm Media Development Authority (IMDA), as part of efforts to provide job opportunities amid the COVID-19 economic downturn. Sea, which is listed on the New York Stock ...

SINGAPORE: Singapore will continue to provide a business-friendly environment for international companies and workers to operate in, while ensuring a fair and level playing field for Singaporeans, Trade and Industry Minister Chan Chun Sing said in a Facebook post on Friday (Oct 2).  Mr Chan made ...

Walmart Inc has agreed to sell its British supermarket chain Asda to private equity group TDR Capital and the founders of petrol station operator EG Group for 6.8 billion pounds (US$8.8 billion), it said on Friday.

Uber Technologies Inc said on Friday New York-based private equity firm Greenbriar Equity Group would invest US$500 million in its logistics arm, Uber Freight, valuing the unit at US$3.3 billion on a post-money basis.

Small rivals of Alphabet Inc's Google say signs are emerging of more benevolent behavior from the online advertising leader amid accusations by the U.S. government and states that the company uses its dominance to thwart competition.

A wave of risk aversion swept markets on Friday after U.S. President Donald Trump said he and his wife had tested positive for COVID-19 and will isolate, weeks ahead of the elections.