Markets

European shares on Friday were set to post their first daily gain this week on signs of a recovery ahead for growth, with easing worries over the coronavirus outbreak in China also emboldening investors.

Credit card issuer American Express Co reported a fourth-quarter profit on Friday that beat analysts' estimates, as more people used its cards for shopping and paying bills while a strong U.S. retail sales environment also helped.

The United States wants India to buy at least another US$5-6 billion worth of American poultry and farm goods if New Delhi wants to win reinstatement of a key U.S. trade concession, four sources familiar with the talks told Reuters.

Workers' approval of a possible divestment of Volkswagen's transmissions making unit Renk and MAN Energy Solutions depends on who the new owner will be, the carmaker's labor chief said on Friday.

Bayer AG is set to face a fourth U.S. jury trial over allegations that its popular weed killer Roundup causes cancer, with four cancer patients in the hometown of its agricultural subsidiary Monsanto scheduled to make their case beginning on Friday.

Some cannabis stocks are seeing their prices surge as investors hunt for winners in the ashes of an industry shakeout that hammered share prices last year.

TOKYO: SoftBank-backed cloud robotics and artificial intelligence startup CloudMinds is slashing its global workforce as it burns through cash after repeated attempts to list on the public markets, people familiar with the matter said. Headed by former China Mobile research whiz Bill Huang, money ...

TOKYO: A group of ruling party lawmakers are working on a proposal for Japan to issue its own digital currency, one of the members said, in a sign of alarm Tokyo is feeling about Facebook's Libra and China's drive to create a digital yuan. The digital currency could be...

PRAGUE: The Czech Republic could face U.S. counter-measures if it introduces a planned 7per cent digital tax aimed at global internet giants, the U.S. embassy in Prague said on Friday, after the Czech parliament gave initial support to the new tax. Several European countries are considering such a ......

SINGAPORE: Singapore's land transport operators have responded to the Wuhan virus threat, with ComfortDelgro saying on Friday (Jan 24) it has increased its "level of preparedness". The coronavirus has infected hundreds in China with several cases confirmed in other countries. Surgical masks have ...