Markets

A U.S. appeals court on Monday denied General Motors Co's petition to remove a lower court judge from its racketeering lawsuit against Fiat Chrysler Automobiles (FCA) , but said the companies' heads need not meet to settle the issue.

U.S. residential solar installer Sunrun Inc said on Monday it will buy peer Vivint Solar for about US$1.46 billion in an all-stock deal.

Four technology startups backed by SoftBank Group Corp's US$100 billion Vision Fund were among the small companies approved for a U.S. pandemic aid program, according to data released by the Treasury Department on Monday.

TikTok said it will exit the Hong Kong market within days, a spokesman told Reuters on late Monday, as other technology companies including Facebook Inc have suspended processing government requests for user data in the region.

TikTok said it will exit the Hong Kong market within days, a spokesman told Reuters on late Monday, as other technology companies including Facebook Inc have suspended processing government requests for user data in the region.

Microsoft Corp has expressed interest in buying Warner Bros' gaming unit, The Information reported on Monday, citing two people familiar with the matter. (https://bit.ly/31OVV9x)

TORONTO: Clearview AI has said it would no longer offer its facial recognition services in Canada, the country's privacy commissioner announced on Monday, in response to an ongoing investigation into the company by provincial and federal privacy authorities. The New York-based company bills itself ...

Samsung Electronics Co Ltd said on Tuesday second-quarter operating profit likely rose 23per cent, beating analysts' estimates on solid chip sales to data centres catering for a work-from-home economy during the coronavirus pandemic.

Oil prices cautiously rose in early trade on Tuesday with major producers sticking to supply cuts, but gains were capped as U.S. coronavirus cases surged, potentially hampering a recovery in fuel demand.

TOKYO: Japan's household spending fell at the fastest pace on record in May as consumers heeded authorities' calls to stay home to contain the coronavirus pandemic, pushing the world's third-largest economy deeper into decline. The large spending drop will add to growing pressure on policymakers ...