Markets

The family owners of Italian fashion house Salvatore Ferragamo have held informal discussions with financial investors to sell a minority stake within their holding firm, as they seek to turn around the luxury brand and cope with the fallout of COVID-19, five sources told Reuters.

U.S. District Judge Amit Mehta, who was named to the court by President Barack Obama, has been selected at random to hear the U.S. Justice Department's case against Alphabet's Google, according to a court filing on Wednesday.

Morgan Stanley said on Wednesday it will cover college expenses for 60 students at historically Black colleges and universities (HBCUs) in the banking industry's latest attempt to address racial injustice after the death of George Floyd.

Bitcoin extended its gains on Wednesday after PayPal Holdings Inc said it will allow customers to buy, sell and hold cryptocurrencies.

Ride-hailing firm Uber has offered more than 1 billion euros to buy Daimler and BMW's joint mobility services company Freenow, Manager Magazin said on Wednesday.

LONDON: PayPal Holdings joined the cryptocurrency market on Wednesday (Oct 21), allowing customers to buy, sell and hold bitcoin and other virtual coins using the US digital payments company's online wallets. PayPal customers will also be able to use cryptocurrencies to shop at the 26 million ...

Verizon Communications Inc on Wednesday added more monthly bill-paying phone subscribers than expected as people bought new connections to power work-from-home set-ups.

REUTERS: Exchange operator Nasdaq Inc reported a 76per cent surge in third-quarter profit on Wednesday, boosted by strength in its non-trading businesses and a surge in trading volumes. Net income attributable to the company rose to US$264 million, or US$1.58 per share, for the quarter ended Sept ...

This time last year, shoppers on Chicago's Magnificent Mile were waiting for Louis Vuitton to debut its whimsical holiday window decorations. Now those same windows are hidden behind a wall of wood panels painted bright orange.

China on Wednesday (Oct 21) told Sweden to reverse a ban on Chinese tech firms from its 5G network, warning of "negative impacts" if it did not.