Markets

WASHINGTON: The head of a major apparel industry group told lawmakers on Thursday (Sep 17) that blanket US import bans on cotton or other products from China's Xinjiang region over forced labor concerns would "wreak havoc" on legitimate supply chains. Stephen Lamar, president of the American ...

SoftBank Group Corp said on Friday it would sell U.S. cellphone distributor Brightstar Global Group for an undisclosed price, marking the latest asset sale by the Japanese conglomerate to fund a record stock buyback and raise cash.

WASHINGTON: Twenty-nine countries including the United States and Germany issued a joint statement on Thursday condemning reported internet shutdowns by the government of Belarus after a "fraudulent" presidential election there last month. "Shutdowns and blocking or filtering of services ...

Apple Inc will launch its first online store in India on Sept. 23, the iPhone maker said on Friday, coinciding with the country's festive season that rakes in some of the biggest sales for retailers every year.

WASHINGTON: U.S. President Donald Trump said his administration had spoken to Walmart Inc and Oracle Corp on Thursday about TikTok, but that not much had changed about a deal for the Chinese-owned short video app. "We're making a decision. We spoke today to Walmart, Oracle. I guess Microsoft is...

Oil prices drifted lower on Friday, pausing after three days of gains, as producers prepared to resume operations in the Gulf of Mexico and data showed Saudi Arabian exports rose from record lows.

China's ByteDance is planning a U.S. initial public offering of TikTok Global, the new company that will operate the popular short video app, should its proposed deal be cleared by the U.S. government, people familiar with the matter said on Thursday.

REUTERS: The newly appointed chief executive of SiFive Inc, a rising rival to Arm Ltd to supply chip designs, says Nvidia Corp's US$40 billion agreement to acquire Arm has sparked fresh interest from customers about deepening ties with the young firm. Arm provides computing chip designs to the ......

ByteDance is racing to clinch an agreement with the White House that will stave off a U.S. ban on the popular short video app that Trump has threatened could happen as early as next week. (Reporting by Steve Holland; Writing by Andy Sullivan; Editing by Sandra Maler)

Newly elected Japanese Prime Minister Yoshihide Suga will work to get his flagship new digital technology agency running by autumn 2021, the Nikkei newspaper reported on Friday, a sign the project is among the top priorities in his reform agenda.