Markets

REUTERS: Saudi Arabia's sovereign wealth fund is in talks to buy English football team Newcastle United for about £340 million (US$447 million), the Wall Street Journal reported on Saturday (Jan 25), citing people familiar with the discussions. The Public Investment Fund, together with a group of ...

Starbucks has closed all shops and suspended delivery services in China's Hubei province for the week-long Lunar New Year holiday, where a coronavirus outbreak originated from its capital Wuhan has caused 41 deaths in China.

Fiat Chrysler Automobiles NV late on Friday urged a U.S. District Court to throw out General Motors Co's suit accusing Fiat Chrysler of racketeering and bribing officials of the United Auto Workers union to put GM at a multi-billion dollar labor cost disadvantage.

U.S. President Donald Trump on Friday discussed the security of telecommunications networks with British Prime Minister Boris Johnson, the White House said, as Britain nears a decision on Huawei's role in the country's future 5G network.

The former top U.S. military official, General Joseph Dunford, has been elected to the board of Lockheed Martin Corp , the Pentagon's largest weapons supplier, the company said on Friday.

THE majority of fund managers are optimistic about emerging and other equities and economies, according to the latest Bank of America Merrill Lynch (BofAML) survey.

The US Justice Department is planning to hold a conference to discuss the future of a current federal law which largely exempts online platforms from legal liability for the material their users post, sources familiar with the plans said on Friday.

Allegations that Amazon.com boss and Washington Post owner Jeff Bezos had his phone hacked by Saudi Crown Prince Mohammed bin Salman have put a spotlight on the security of smartphones and the secretive tools used to hack them.

The U.S. Justice Department is planning to hold a conference to discuss the future of a current federal law which largely exempts online platforms from legal liability for the material their users post, sources familiar with the plans said on Friday.

DAVOS, Switzerland: US Treasury Secretary Steven Mnuchin said on Friday (Jan 24) that he expects to begin negotiations with China on a so-called Phase 2 trade deal soon, with Washington and Beijing on the same page. "My guess is they (China) will consider waiving other tariffs as part of their...