Markets

WASHINGTON: The Federal Aviation Administration (FAA) said Tuesday that it cleared the way for the flight of SpaceX Starship SN9, saying it complies with all safety and related federal regulations. Prior to the Starship SN8 test launch in December, SpaceX sought a waiver to exceed the maximum ...

Amazon.com Inc has agreed to pay more than US$61.7 million to settle allegations that it failed to pay Amazon Flex drivers all of the tips given by customers over more than two years, the Federal Trade Commission said in a statement on Tuesday.

European airlines buffeted by successive lockdowns have little idea what kind of summer to expect. But they must place their bets anyway.

Volkswagen is looking into buying chip supplies directly from manufacturers, according to a company executive, as automakers battle a global semiconductor shortage.

NEW YORK: GameStop shares sank on Tuesday (Feb 2) and a silver buying spree led by small investors subsided as a Reddit-driven trading frenzy that has shocked global financial markets over the past week started to show signs of fizzling out. The videogame chain's shares, which have see-sawed in...

Tesla Inc has agreed to recall 134,951 Model S and Model X vehicles with touchscreen displays that could fail after U.S. auto safety regulators sought the recall last month, according to a recall posted on a government website Tuesday.

China's Alibaba Group Holding Ltd beat Wall Street estimates for third-quarter revenue on Tuesday, as its e-commerce business benefited from a switch to online shopping triggered by the COVID-19 pandemic.

SINGAPORE: Singapore authorities on Tuesday (Feb 2) sounded a note of caution to investors amid interest in recent market activities relating to stocks such as GameStop, AMC Entertainment Holdings and Blackberry. Investors should be on "heightened alert" to the risks related to trading ...

SINGAPORE: Offline messaging app Bridgefy said it was downloaded more than 600,000 times in a few hours in Myanmar, after the country's military seized power on Monday (Feb 1) and temporarily disrupted Internet traffic. The Mexico-based startup, which gained popularity during Hong Kong's pro ...

NEW YORK: Pfizer on Tuesday (Feb 2) forecast sales of about US$15 billion from the coronavirus vaccine that it is making along with German partner BioNTech. The company said it expects total 2021 revenue of between US$59.4 billion and US$61.4 billion. The vaccine was among the first to be...