Markets

Fast-growing video-sharing app TikTok on Wednesday launched a self-serve ad platform, underscoring its ambition to compete with rival social platforms even as it faces new scrutiny in the US and elsewhere.

United Airlines said on Wednesday it was preparing to send notices of potential furloughs to 36,000 U.S.-based frontline employees, or about 45per cent of staff, as demand hit by the coronavirus pandemic struggles to recover.

A rapid-fire succession of setbacks for big energy pipelines in the United States this week has revealed an uncomfortable truth for the oil and gas industry: environmental activists and landowners opposed to projects have become good at blocking them in court.

Spain needs to "wake up" and follow other European countries in giving more incentives for electric cars, the head of Volkswagen's Spanish brand SEAT said on Wednesday.

Warren Buffett has donated roughly US$2.9 billion of Berkshire Hathaway Inc stock to four family charities and the Bill & Melinda Gates Foundation, the latest but not largest contribution in his plan to give away his fortune.

Bayer has agreed to delay part of a proposed settlement of allegations that its widely used weedkiller Roundup caused cancer after a U.S. judge questioned its plan to deal with future claims.

The UK government on Wednesday (Jul 8) unveiled a package worth £30 billion (US$37 billion, €33 billion) to save jobs and help the young into work to kickstart the coronavirus-hit economy.

BARINGO, Kenya: Alphabet Inc began offering the world's first commercial high-speed internet using balloons to villagers in remote regions of Kenya's Rift Valley on Wednesday. The service is run by Loon, a unit of Google's parent Alphabet, and Telkom Kenya, the East African nation's third largest ...

Gold reached above US$1,800 an ounce on Wednesday (Jul 8) for the first time since 2011, with the precious metal benefitting from its haven status as the coronavirus outbreak triggers global economy fears.

REUTERS: TikTok’s launch on Wednesday of a new platform to court small business advertisers is fraught with challenges, especially after the Trump administration's threat this week to impose a ban on China-based social media apps. The new self-service ad platform, which lets companies purchase ads ...