Markets

LONDON: Exuberant share valuations and rock-bottom borrowing costs made it a bumper January for dealmakers in the equity as well as debt space, data shows, with global bond sales topping US$600 billion and IPOs more than doubling on the year. World stocks had stepped back off record highs on...

EU antitrust enforcers have claimed a court made legal errors when it scrapped their order for iPhone maker Apple to pay 13 billion euros (US$15.7 billion) in Irish back taxes, in a filing to have the verdict overturned.

EU antitrust regulators will decide by March 5 whether to clear Microsoft's US$7.5 billion acquisition of ZeniMax Media, the U.S. tech giant's biggest gaming acquisition to better compete with Sony Corp's PlayStation.

DUBLIN: Ryanair expects to lose close to 1 billion euros (US$1.2 billion) in its current financial year, by far its worst ever performance, but Chief Executive Michael O'Leary forecast a "dramatic recovery" this summer on vaccine roll-outs. The Irish low-cost airline, Europe's largest ...

Shares of videogame retailer GameStop and movie theater operator AMC Entertainment Holdings jumped 6.4per cent and 18.4per cent, respectively, in early pre-market trading on Monday.

Japan Airlines said Monday it forecasts a larger-than-expected annual net loss of nearly $2.9 billion, as the aviation industry continues to struggle from the fallout of the coronavirus pandemic.

TOKYO: Nintendo reported on Monday (Feb 1) that its profit for the first three fiscal quarters nearly doubled as people around the world stayed home for the pandemic and turned to playing games. The Japanese video-game maker behind the Super Mario and Pokemon franchises said its April-December ...

SYDNEY: The Australian prime minister said on Monday (Feb 1) that Microsoft was confident that it could fill the void if Google carried out its threat to remove its search engine from Australia. A Google executive told a Senate hearing last month that it would likely make its search...

DUBLIN: Ryanair said on Monday (Feb 1) it may lose close to €1 billion (US$1.21 billion) in its current financial year, by far its worst ever performance, but Europe's largest low-cost carrier said the crisis would create significant growth opportunities. The Irish airline said it expects to post ...

TOKYO: Japan's Nintendo on Monday (Feb 1) hiked the full-year sales forecast for its Switch console to 26.5 million units from 24 million units previously after a bumper end to the year for the hit device. The Kyoto-based firm said it sold 24.1 million hardware units in the first nine months...