Markets

Shares of electric vehicle maker Tesla Inc surged nearly 20 per cent on Tuesday, rebounding from a deep selloff with its largest daily gain in a year after data showed an increase in China sales and an analyst raised his rating on the stock.

FRANKFURT: The European Central Bank's lending schemes disproportionately favour polluters, think tank New Economics Foundation argued on Tuesday (Mar 9), calling for new rules that benefit "green" companies and punish energy intensive firms. With €1.8 trillion (US$2.1 trillion) in outstanding ...

A small group of hackers viewed surveillance footage from hundreds of businesses including Tesla Inc by gaining administrative access to camera maker Verkada over the last two days, one of the people involved in the breach told Reuters.

BioNTech SE could have capacity to make 3 billion doses of the COVID-19 vaccine it developed with partner Pfizer Inc next year, Bloomberg News reported on Tuesday, citing an interview with the German company's chief executive officer.

American Express Co said on Tuesday not all of its employees would likely return to office.

Asian stocks were set to track U.S. gains on Wednesday, as falling bond yields eased concerns about surging inflation, although focus will shift to Chinese markets amid worries about policy tightening in the world's second-largest economy.

LATAM Airlines Group, the region's largest airline, on Tuesday reported a loss of US$962.5 million in the fourth quarter, hurt by a second wave of the pandemic which has hit Latin America particularly hard.

The type of recovery the US and global economy need is durable, inclusive, and sustainable, says Mohamed A El-Erian.

WHERE is BB Loh? The question gripped many over Chinese New Year, and is perhaps quite telling of how adept Google Pay is at getting consumers' attention.

Walt Disney's Disney+ streaming service has signed up more than 100 million paying subscribers around the world in its first 16 months, Chief Executive Bob Chapek said at the company's annual shareholder meeting on Tuesday (Mar 9).