Markets

A month after acquiring Tiffany & Co, French luxury goods giant LVMH told employees at the U.S. jeweller to return to the office two days a week beginning March 1, the Wall Street Journal reported on Friday.

The S&P 500 and the Nasdaq opened at record highs on Friday on signs of progress towards more economic stimulus, while a closely watched jobs report confirmed the labor market was stabilizing.

The UK Serious Fraud Office (SFO) acted unlawfully when it tried to compel U.S. engineering, procurement and construction company KBR Inc to hand over documents held overseas during an investigation, the UK Supreme Court ruled on Friday.

Shares of GameStop and other companies caught in the recent social media-hyped trading frenzy rose on Friday, after online broker Robinhood lifted all the buying curbs imposed at the height of the battle between amateur investors and Wall Street hedge funds.

WASHINGTON: The US trade deficit rose 17.7 per cent last year to US$679 billion, highest since 2008, as COVID-19 disrupted global commerce and confounded President Donald Trump's attempts to rebalance America's trade with the rest of the world. The gap between the value of the goods and services ......

The United States' trade deficit surged to its highest level in 12 years in 2020 as the COVID-19 pandemic disrupted the flow of goods and services.

WASHINGTON: The US unemployment rate dropped to 6.3 per cent in January but the economy added only 49,000 jobs as the COVID-19 pandemic continued to hamper business, the Labor Department said on Friday (Feb 5). The January increase came after the world's largest economy saw a contraction in hiring ......

REUTERS: PayPal Holdings Inc said on Friday it was cooperating with the U.S. consumer watchdog regarding a civil investigation demand relating to its app Venmo's alleged unauthorized fund transfers and collections processes. The demand from the U.S. Consumer Financial Protection Bureau was ...

SINGAPORE: A small-scale pilot programme that allowed three bars and pubs to reopen in December will be extended by two months, said the Ministry of Trade and Industry (MTI) and the Ministry of Home Affairs (MHA) on Friday (Feb 5). Bar Kiharu at Orchard Plaza, Bell Bar at Cuppage...

German prosecutors have confiscated more than 50 million euros (US$60 million) worth of bitcoin from a fraudster. There's only one problem: they can't unlock the money because he won't give them the password.