Markets

DUBAI: Global airline industry body IATA said on Wednesday (Mar 31) a digital travel pass for COVID-19 test results and vaccine certificates will be launched on the Apple platform in mid-April. The digital travel pass, currently in the testing phase, had been planned to be launched by the end...

TOKYO: Hitachi said on Wednesday (Mar 31) it will buy US software company GlobalLogic for US$9.6 billion, including repayment of debt, as the Japanese industrial conglomerate pivots from electronics hardware to digital services. The acquisition is part of Hitachi's ongoing business portfolio ...

Alphabet Inc's Google has reached licensing deals with over 600 news outlets around the world and is seeing a "huge increase" in users requesting more content from specific publications as part of a new program, it said on Wednesday.

Amazon.com Inc's landmark union election was set to resume Wednesday morning with a second session of reviewing ballots from employees in Alabama, who are deciding whether to organize one of the company's U.S. warehouses for the first time.

JAKARTA: Indonesia's state oil company Pertamina said it has put out a fire that had engulfed part of its 125,000 barrel per day refinery in Balongan, West Java and had begun making preparations to restart the plant. The fire broke out just after midnight on Monday (Mar 29), forcing...

Global asset manager BlackRock has folded a private fund unit in Shanghai as it focuses on launching its mutual fund business in the world's second-biggest economy.

NEW DELHI: India is offering more than US$1 billion in cash to each semiconductor company that sets up manufacturing units in the country as it seeks to build on its smartphone assembly industry and strengthen its electronics supply chain, two officials said. Prime Minister Narendra Modi's "Make ...

Smartphone maker Xiaomi has joined a rush of Chinese tech companies venturing into the semiconductor sector, announcing on Wednesday a new chip to help smartphone cameras process images.

President Joe Biden on Wednesday will call for a dramatic and more permanent shift in the direction of the U.S. economy with a roughly US$2 trillion package to invest in traditional projects like roads and bridges alongside tackling climate change and boosting human services like elder care.

Global asset manager BlackRock has folded a private fund unit in Shanghai as it focuses on launching its mutual fund business in the world's second-biggest economy.