Markets

REUTERS: Zoom Video Communications Inc nearly doubled its expectations for annual sales on Tuesday, driven by a surge in users as more people use its online tools to work from home and connect with friends during coronavirus-driven lockdowns. Shares of the San Jose, California-based company rose ...

NEW YORK: Wall Street stocks continued to advance on Tuesday (Jun 2), ending solidly higher as investors focused on the boost from stimulus measures and economic reopening more than the mass protests seeping through US cities. The Dow Jones Industrial Average finished with a gain of 267.63 points ...

Federal Aviation Administration chief Steve Dickson will testify June 17 before a U.S. Senate panel on certification of the Boeing 737 MAX that was involved in two fatal crashes in five months that killed 346 people.

Zoom Video Communications Inc raised its full-year revenue forecast on Tuesday, riding on a surge in usage of its video conferencing platform as people turn to virtual meetings to stay connected and work remotely amid broader stay-at-home measures.

REUTERS: Wells Fargo & Co will stop providing loans to a majority of its independent auto dealer customers due to the economic challenges brought on by the COVID-19 pandemic, a spokeswoman said on Tuesday. "We are doing everything we can to help customers weather the economic impacts of this...

A Facebook employee said company leaders holding an all-hands meeting on Tuesday had so far failed to address concerns of staff who walked away from their desks to protest Chief Executive Mark Zuckerberg's handling of inflammatory posts by U.S. President Donald Trump.

The U.S. Trade Representative's office said on Tuesday it was launching a "Section 301" investigation into digital services taxes adopted or under consideration by a number of U.S. trading partners - a move that could lead to new punitive tariffs.

The National Transportation Safety Board (NTSB) on Tuesday urged six major manufacturers to equip turbine-powered helicopters with crash-resistant systems to record data, audio and images, after former NBA star Kobe Bryant and eight others were killed in a helicopter crash in January.

BRUSSELS: European Union (EU) nations banking on 5G to boost economic growth are eager to tackle conspiracy theories linking the wireless technology to the spread of the novel coronavirus that have seen masts torched in several places. According to telecoms lobbying groups ETNO and GSMA, such ...

U.S. bank Goldman Sachs has signed a lease for a new Paris headquarters building, committing to a city centre office development at a time when many banks are weighing scaling back their presence in cities amid the COVID-19 pandemic.