Markets

El Al Israel Airlines is opposing the purchase of a controlling stake by religious student Eli Rozenberg, alleging he is a front man for his father, who is not an Israeli citizen as required by law, according to a letter from its lawyers.

SINGAPORE: A new business travel pass for selected senior executives based in Singapore is being piloted to enable them to fulfill overseas work responsibilities. Travellers using this pass have to follow a strict itinerary and abide by various public health measures, the Ministry of Health said ...

Business groups on Thursday welcomed contentious and long-delayed labour reforms passed by India's parliament this week, aimed at making hiring and firing workers easier and imposing restrictions on trade unions.

FRANKFURT: A court in Braunschweig, Germany on Thursday said it had opened proceedings against former Volkswagen Chief Executive Martin Winterkorn examining whether he is guilty of market manipulation as part of an emissions scandal. Winterkorn and other Volkswagen executives face charges for ...

Wells Fargo & Co and data aggregator Envestnet Yodlee said on Thursday they had signed a data exchange agreement, the latest move in an ongoing tug of war between fintechs and large banks over information sharing.

U.S. motorcycle maker Harley-Davidson said on Thursday it expects to report US$75 million in additional restructuring costs for 2020 related to actions including discontinuing its sales and manufacturing operations in India.

As businesses shuttered and millions hit the unemployment line last spring, the most dour predictions saw the United States heading for another Great Depression of spiraling collapse and years of massive joblessness.

Samsung Electronics Co Ltd is expanding its online-only smartphone range, a senior company executive said on Thursday, as the South Korean tech giant hopes to win over new customers in India's festive season sales.

ChargePoint Inc, one of the world's oldest and largest electric vehicle charging networks, said on Thursday it will go public by merging with Switchback Energy Acquisition Corp in a deal that values the company at US$2.4 billion.

Sri Lanka's president has ordered the termination of a $1.5-billion Japanese-funded light rail project, saying it is not a "cost-effective solution" for the congested capital Colombo, officials said Thursday.