Markets

Wall Street's main indexes were set to open higher on Tuesday as better-than-expected factory data from China and hopes that a COVID-19 vaccine will be rolled out before the end of the year bolstered bets of a speedy economic recovery.

Moderna and Pfizer-BioNTech are in a tight race to launch their COVID-19 vaccines in Europe after both applied for emergency EU approval on Tuesday, though there was uncertainty over whether a rollout could begin this year.

Canadian technology specialist BlackBerry and e-commerce titan Amazon have developed a cloud-based software platform designed to help automakers and suppliers standardize vehicle data and speed deployment of new revenue-generating features and services, the companies said on Tuesday.

Bitcoin fell 5.6per cent against the dollar on Tuesday, after hitting a record high earlier in the day.

Bitcoin fell 5.6per cent against the dollar on Tuesday, after hitting a record high earlier in the day.

Malaysia said on Tuesday it would file charges against Top Glove Corp because of poor worker accommodation provided by the world's biggest maker of medical gloves.

Economic outlook seen brightening but dangers remain

Chinese smartphone maker Xiaomi Corp is aiming to raise up to US$4 billion in an equity and convertible bond deal launched in Hong Kong on Tuesday, according to a term sheet seen by Reuters.

German carmaker Daimler on Tuesday said it will pay German employees a 1,000 euros "corona bonus" to help compensate for personal and economic burdens such as having to wear a mask and working from home.

JOHOR BAHRU: Thirteen hotels in Johor have ceased operations amid the spread of COVID-19 in Malaysia this year, the state’s Tourism, Youth and Sports Committee chairman said on Tuesday (Dec 1), without naming the affected establishments. Onn Hafiz Ghazi told the Johor State Legislative Assembly ...