Markets

U.S. worker productivity fell at its steepest pace since 1981 in the fourth quarter, but the trend remains solid as the COVID-19 pandemic weighs heavily on the less productive industries like leisure and hospitality.

U.S. Treasury Secretary Janet Yellen said on Thursday that before she and financial market regulators took any action, they needed to "understand deeply" what happened in the trading frenzy involving GameStop Corp and other retail stocks in recent days.

SINGAPORE: Grab on Thursday (Feb 4) announced the launch of a COVID-19 vaccination programme, and an aim of having all employees, drivers and delivery partners inoculated against the disease by the end of next year. Grab's goal of reaching "fully-vaccinated status" for individuals who work for its ...

Europe needs to stump up cash to boost its chip industry, a board member of the continent's largest carmaker Volkswagen said, pointing to a global semiconductor shortage that has highlighted dependence on foreign players.

Germany's financial watchdog Bafin has ordered Goldman Sachs to prevent money laundering and terrorist financing, it said on Thursday.

Merck & Co said on Thursday Kenneth Frazier, one of only a handful of Black CEOs leading major U.S. companies, would step down as chief executive officer at the end of June to be replaced by Chief Financial Officer Robert Davis.

World's largest pot producer Canopy Growth Corp on Thursday launched a new line of cannabis-infused soft chews and drops for dogs, after its partner and lifestyle guru Martha Stewart's line of pet treats recorded strong sales last week.

Sales of electric and plug-in hybrid cars in the European Union almost trebled to over 1 million vehicles last year, accounting for more than 10per cent of overall sales, data showed on Thursday.

SINGAPORE: A new centre focusing on the digitalisation and decarbonisation of Southeast Asia’s maritime sector has been set up in Singapore by classification body DNV GL. Supported by the Singapore Economic Development Board (EDB), the Maritime Decarbonisation and Autonomy Centre of ...

Ant Group Co plans to spin off its consumer-credit data operations, people with knowledge of the matter said, a concession to aggressive regulators that should help the Chinese fintech giant get its massive public share sale back on track.