Markets

MEXICO CITY :Mexico's economy last year suffered its biggest annual contraction since the 1930s, although it recovered better than expected from the ravages of the COVID-19 pandemic during the final quarter, preliminary data showed on Friday.

A U.S. lobby group which represents firms including Amazon.com and Walmart has urged India not to tighten foreign investment rules for e-commerce companies again, according to a letter seen by Reuters.

REUTERS: Online broker Robinhood has raised more than US$1 billion of fresh capital from existing investors, having been strained by high volumes of trading this week and raising the ire of customers, celebrities and politicians for curbing the purchase of some hot stocks. Robinhood's existing ...

The U.S. Securities and Exchange Commission on Friday said it was closely monitoring potential wrongdoing amid recent price volatility in the U.S. stock market, and warned against illegal "manipulative trading activity."

U.S. consumer spending fell for a second straight month in December amid renewed business restrictions to slow the spread of COVID-19 and a temporary expiration of government-funded benefits for millions of unemployed Americans.

SAN FRANCISCO: Facebook took down a popular Wall Street discussion group, Robinhood Stock Traders, in a move its founder said was an unjustified response to conversations that have buoyed shares in GameStop and other companies. GameStop, AMC Entertainment Holdings and BlackBerry have been at the ...

Facebook Inc said on Friday it would soon start developing "topic exclusion controls" on its platform to give advertisers greater ability to weed out certain types of content from appearing alongside their ads.

The U.S. Securities and Exchange Commission on Friday said it was closely monitoring potential wrongdoing amid recent price volatility in the U.S. stock market, and warned against illegal "manipulative trading activity."

Short-seller Andrew Left, whose company Citron was one of the hedge fund players to spark this week's battle with small-time traders over GameStop Corp, said in a YouTube video on Friday that his company would no longer publish short-selling research.

Toyota Motor Corp unveiled its Woven Planet research unit at a virtual media event on Friday, promising to deliver the world's "safest mobility" as competition heats up to develop self-driving and connected cars.