Markets

Oil prices edged higher on Monday after a broad sell-off last week, as market players were hopeful demand will rebound later this year even as new European coronavirus lockdowns made a quick recovery look less likely.

British consumer goods company Reckitt Benckiser Group is considering selling its infant formula business in Greater China, in a deal that could value the business at more than US$2 billion, two people with knowledge of the matter said.

The U.S. Supreme Court on Monday turned away Facebook Inc's bid to pare back a US$15 billion class action lawsuit accusing the company of illegally tracking the activities of internet users even when they are logged out of the social media platform.

India plans to offer fresh incentives to companies making electric vehicles (EVs) as part of a broad auto sector scheme it expects to attract US$14 billion of investment over five years, according to industry sources and a document seen by Reuters.

NEW YORK :Goldman Sachs Group Inc's CEO on Monday responded to complaints from junior bankers by saying management is going to work harder to give them Saturdays off and to shift bankers from other divisions to the busiest teams in the investment bank, according to a transcript of a...

SINGAPORE: Last week’s high-level talks between the United States and China are a step in the right direction, showing recognition from both sides on the need for dialogue and cooperation, said Deputy Prime Minister Heng Swee Keat on Monday (Mar 22). This is despite the “tough rhetoric” heard in...

Futures tracking the S&P 500 and the Nasdaq rose on Monday, with heavyweight technology stocks set to rebound after a surge in bond yields in recent weeks sparked a flight from richly valued equities.

The world's biggest carbon-emitting companies are far from aligning with the Paris Climate Agreement, a report by the leading climate-focused investor group showed on Monday.

The number of U.S. air passengers screened topped 1.5 million Sunday for the first time since March 2020, as air travel continues to rebound from a pandemic-related drop, the U.S. Transportation Security Administration (TSA) said Monday.

Amazon workers took strike action in Italy on Monday in the first protest involving the U.S. group's entire logistics operations, including third-party delivery service providers.