Markets

A watchdog has criticised the EU's new rules that aim to curb the power of Alphabet unit Google, Facebook, Apple and Amazon, potentially providing scope for companies that are targeted to challenge them.

Shares of electric carmaker Tesla were down ahead of their debut on the S&P 500 on Monday, as worries over a fast-spreading new coronavirus strain in Britain weighed on markets.

International Business Machines will acquire European startup Nordcloud, the latest in a series of acquisitions for the 109-year old firm preparing a mega spin-off to focus on cloud computing.

Saudi Aramco Development Co, a subsidiary of Aramco, has teamed up with Google Cloud to offer cloud services to customers in Saudi Arabia, Aramco said on Monday.

:U.S. stock index futures tumbled on Monday as fears over a new strain of the coronavirus that has shut down much of Britain overshadowed a US$900 billion stimulus package deal.

SINGAPORE: San Francisco-based Eat Just said Singapore will be its Asia headquarters and potentially its global manufacturing hub, the meat and egg substitute maker’s chief executive and co-founder Josh Tetrick said on Monday (Dec 21). “Singapore for us will be at a minimum the base for Asia,” Mr ...

Shares of U.S. airlines tumbled in premarket trading on Monday as a new fast-spreading COVID-19 strain in Britain renewed fears of widespread travel bans, with many countries barring flights from the United Kingdom ahead of the peak holiday season.

:U.S. stock index futures tumbled on Monday as fears over a new strain of the coronavirus that has shut down much of Britain overshadowed a US$900 billion stimulus package deal.

China's market regulator said on Monday it had tightened up a guideline for inspection of biological products, including vaccines, before a batch is sold or imported.

Fiat Chrysler and French rival PSA gained EU antitrust approval on Monday for their US$38 billion merger to create the world's No.4 carmaker after pledging to boost Japanese rival Toyota Motor.