Markets

LONDON: European stock markets struggled on Thursday (Jan 16) as investor attention moved beyond a trade deal signed by China and the United States to corporate earnings and the global economic outlook. Shares in European carmakers hit the brakes as Germany's defence minister confirmed that the US ...

Germany's automakers and unions urged the government on Thursday to do more to support the industry's shift to electric cars, which provide less assembly work than combustion engine vehicles.

The U.S. Senate was poised to approve a new North American trade deal on Thursday, clearing the way for a revamp of the 26-year-old NAFTA that includes tougher labor and automotive content rules but leaves US$1.2 trillion in annual U.S.-Mexico-Canada trade flows largely unchanged.

Clean energy investment in the United States surged to a fresh record of US$55.5 billion last year, despite the government's attempts to roll back supportive policies, a report showed on Thursday.

CHICAGO: Bettie the beagle, a detector dog for US Customs and Border Protection, picked up the scent of pork on a woman arriving from China at Chicago's O'Hare International Airport. Soon the dog's handler discovered and confiscated a ham sandwich in the purse of a passenger who had flown on...

U.S. stock index futures hovered near all-time highs on Thursday on optimism over an initial U.S.-China trade deal and a positive start to the fourth-quarter earnings season.

U.S. retail sales increased for a third straight month in December, with households buying a range of goods even as they cut back on purchases of motor vehicles, suggesting the economy maintained a moderate growth pace at the end of 2019.

Southwest Airlines Co said on Thursday it is extending cancellations of Boeing Co 737 MAX flights until June 6, citing the planemaker's decision to recommend pilot simulator training before resuming flights and uncertainty about when regulators will approve their return to service.

SINGAPORE: A “momentous” trade deal between superpowers China and the United States is the basis for the two countries to work together and develop strategic trust, Singapore’s Minister for Trade and Industry Chan Chun Sing said on Thursday (Jan 16). Described as a “Phase 1” deal, the agreement ......

Morgan Stanley reported a 53per cent rise in quarterly profit on Thursday, driven by strength in its bond trading and underwriting businesses.