Markets

Finland's Nokia launched a set of tools on Thursday for data centre networking, developed in cooperation with Apple Inc , to help companies to manage the growth in traffic as 5G and machine learning technologies roll out.

U.S. stock indexes dropped on Thursday as fears of another lockdown to contain a surge in coronavirus cases overshadowed data pointing to a declining trend in weekly jobless claims.

German state prosecutors are investigating Wirecard for suspected money laundering, a spokeswoman for the Munich prosecutor's office said on Thursday.

Delta Air Lines is cautious about adding more flights to its schedule due to spikes in coronavirus cases through the southeast and southwest of the United States, Chief Executive Ed Bastian said in an employee memo on Thursday.

The Trump administration plans to finalise regulations this week that will bar the U.S. government from buying goods or services from any company that uses products from five Chinese companies including Huawei, Hikvision and Dahua, a U.S. official said.

TikTok is also in early stages to establish its headquarters, according to a source familiar with the management's thinking. The company's five largest offices are in Los Angeles, New York, London, Dublin and Mumbai, it previously said.

KUALA LUMPUR: AirAsia boss Tony Fernandes said on Thursday (Jul 9) the budget carrier would emerge "stronger" from the coronavirus pandemic despite a warning about its future, and said the airline was hopeful of raising a sizeable cash injection. In an interview with AFP, the colourful chief ...

BEIJING: Social media app TikTok said on Thursday (Jul 9) it removed more than 49 million videos from its platform in the second half of last year for violating its guidelines. These videos accounted for less than 1 per cent of the total posted on the platform and fell...

Wells Fargo & Co is preparing to cut thousands of jobs starting later this year, Bloomberg Law reported https://news.bloomberglaw.com/banking-law/wells-fargo-is-readying-thousands-of-job-cuts-to-start-this-year on Thursday, citing people familiar with the matter.

REUTERS: Coinbase Inc has initiated preparations for a stock market listing that could come as early as this year, making it the first major US cryptocurrency exchange to go public, according to people familiar with the matter. The listing would need the US Securities and Exchange Commission's ...