Markets

Uber Technologies Inc on Thursday moved forward by a year its target to achieve a measure of profitability to the fourth quarter of 2020, but the ride-hailing company still expects to lose a total of more than US$1 billion (£774 million) this year.

NEW YORK: Wall Street stocks finished at fresh records on Thursday (Feb 6), again shrugging off worries about the coronavirus outbreak and applauding China's move to cut tariffs on US goods. All three major indices ended at all-time highs, with the Dow Jones Industrial Average advancing 88.92 ...

ViacomCBS is working on a streaming service that will build on CBS All Access, CNBC reported on Thursday, citing people familiar with the matter.

Data-entry is difficult to eliminate as a task, but a single despised task does not always mean an entirely despised job, says an observer.

REUTERS: Take-Two Interactive Software Inc fell nearly 10per cent after the bell on Thursday, as the videogame publisher missed estimates for quarterly adjusted revenue amid competition from big-budget titles from rivals Activision Blizzard and Electronic Arts . The company narrowed its full ...

Large banks with significant trading operations will have their finances tested in 2020 against a scenario that includes "heightened stress" in leveraged loans, the Federal Reserve announced on Thursday.

SINGAPORE'S Temasek Holdings has led a new round of funding for French veterinary health company Ceva Santé Animale.

The threat from the coronavirus crisis closed in on the global auto industry on Thursday, as Fiat Chrysler Automobiles NV warned that a European plant could shut down within two to four weeks if Chinese parts suppliers cannot get back to work.

Elon Musk's SpaceX plans to spin off its internet venture, Starlink and pursue an initial public offering for the unit, Bloomberg reported on Thursday, citing the rocket company's chief operating officer, Gwynne Shotwell.

Uber Technologies Inc drew more customers to its ride-hailing and food delivery business in a boost to its fourth-quarter revenue, but high costs at Uber Eats meant Uber continues to lose money as it tries to outspend competitors.