Markets

Uber Technologies said on Wednesday (May 5) its food-delivery business continued to grow despite gradual signs of US recovery from the COVID-19 pandemic, but ride-hail bookings were flat from the previous quarter.

Family members who lost relatives in the second deadly crash of a Boeing 737 Max met on Wednesday (May 5) with top officials of the Transportation Department to renew their push for the ouster of top federal aviation officials, whom they accuse of being too cozy with Boeing.

General Motors’ first-quarter net income surged to US$2.98 billion as strong US consumer demand and higher prices offset production cuts brought on by a global shortage of computer chips.

Ford has raised its stake in a manufacturer of solid-state batteries - a move that its chief product and operations officer, Hau Thai-Tang, says will strengthen the company's effort to increase the range and reduce the costs of its next generation of electric vehicles.

WASHINGTON: US Trade Representative Katherine Tai said on Wednesday she expects to engage "in the near term" with Chinese officials to assess their implementation of the "Phase 1" trade deal between the two countries, with the outcome to influence the fate of Washington's punitive tariffs on ...

NEW YORK: Peloton is recalling its treadmills after one child died and 29 other children suffered from cuts, broken bones and other injuries from being pulled under the rear of the treadmill. The US Consumer Product Safety Commission said Wednesday (May 5) that Peloton received 72 reports of ...

It was announced on Tuesday (May 4) that all indoor gyms and fitness studios will have to close from May 8 to 30 as Singapore tightens COVID-19 measures.

CORPORATE finance firm W Capital Markets has completed its Series A fundraising round in which mainboard-listed Thakral Corporation has invested in a 5 per cent stake in the firm on Tuesday.

JAKARTA: Indonesia's economy shrank for the fourth consecutive quarter in January-March, data showed Wednesday (May 5), as the country's leaders struggle to overcome a recession wrought by the coronavirus pandemic. The 0.74 per cent on-year contraction was a big improvement on the 2.19 per cent in ...

PRUDENTIAL Assurance Co Singapore won a lawsuit against its former top group agency manager Peter Tan Shou Yi in High Court on Wednesday, over the poaching of more than 220 agents for rival Aviva.