Markets

China International Capital Corporation (CICC) has broken into the world's top two investment banks for new listings for the first time since the global financial crisis due to its role leading in fintech giant Ant Group's mega float, Dealogic figures show.

Russian government-backed social media accounts nurtured the QAnon conspiracy theory in its infancy, earlier than previously reported, according to interviews with current and former Twitter executives and archives of tweets from suspended accounts.

Democratic presidential candidate Joe Biden has promised to push his own tax proposals on "day one" if he wins the election on Tuesday - including raising the corporate tax rate to 28per cent and doubling the rate to 21per cent on overseas profits from patents, copyrights and trademarks.

Over the past four years the U.S. Federal Reserve has navigated a global trade war, absorbed verbal blows from a volatile president, and confronted a once-in-a-century pandemic.

U.S. President Donald Trump's "America First" trade policy torched a 70-year consensus on trade liberalization, drew a harder line against China's state-driven economic model and erected new tariffs on imported steel and aluminum, alienating allies.

Pilots at KLM, the Dutch arm of Air France-KLM , on Monday said they were willing to discuss extending a wage freeze, a demand of the Dutch government in return for state aid.

SINGAPORE: The OCBC Robinsons credit card will be cancelled on Apr 15 next year following the announcement of the department store's closure.  Replying to CNA's queries on Monday (Nov 2), OCBC said that rebates will be given at Robinsons outlets and Mark & Spencer stores until Thursday.  From ......

With the pandemic having pushed any talk of austerity to the sidelines, the race is on in Europe to spend its economies out of recession and back to some semblance of normality.

DUBLIN: Ryanair on Monday (Nov 2) posted a loss for its key summer period for the first time in 30 years as COVID-19 restrictions pulverised demand and warned it may only carry half its normal passenger numbers next year. But a stronger than expected balance sheet bolstered investor sentiment...

Ocado, the British online supermarket and technology group, said on Monday it would buy two robotics companies for a total of US$287 million.