Markets

Walmart Inc said on Thursday it would give nearly half its U.S. employees free Samsung phones by the end of the year so they can use an app the company has developed to manage shifts, clock in and stay in "constant communication."

Facebook on Thursday announced a programme to promote the digitalization of small and medium-sized businesses in rural villages in Italy in a bid to help them benefit from an expected recovery in tourism after the COVID-19 hit.

The European Commission announced plans on Thursday for a digital identity wallet to allow Europeans to access public and private services via their mobile phone as the COVID-19 pandemic underscored the need for user-friendly online services.

Tesla Inc is issuing two new recalls to address seat belt issues, it said on Thursday.

HONG KONG: A parking space at an ultra-luxury residential development in Hong Kong has sold for a record-breaking HKUS$10.2 million (US$1.3 million), local media reported on Thursday. In a tender last month, Mount Nicholson, situated on The Peak overlooking Victoria Harbour, sold several ...

Financial regulators in China's southern Hainan province have cautioned investors against illegal fundraising schemes involving cryptocurrency and blockchain, local media reported on Thursday, as China steps up a cryptocurrency crackdown.

KUALA LUMPUR: Malaysia's MMC Corporation Bhd has received a letter from its controlling shareholder seeking to privatise the company via a selective capital reduction and repayment exercise of 2.94 billion ringgit (US$714 million), a stock exchange filing on Thursday showed. Under the proposal ...

The future of a bevy of commercial electric van startups seeking investor capital through blank-check IPOs rests largely in the hands of a small group of big companies, above all UPS, FedEx, DHL and Amazon.

For the Khoi and San - South Africa's first inhabitants - a verdant patch of land in Cape Town embodies victory and tragedy.

TAIPEI: Taiwan's central bank reiterated confidence in the island's economy on Thursday, despite a spike in COVID-19 cases, although it said it would have to monitor consumption. The government has repeatedly sought to allay fears that the outbreak of coronavirus infections will affect ...