Markets

NEW YORK: JPMorgan Chase & Co plans to start returning more traders and sales staff to its Manhattan headquarters starting next week with volunteers, a source familiar with the matter said on Monday (Jun 15). Roughly 20 per cent of the bank's sales and trading staff have worked at...

Apple Inc on Monday released the results of a study that found its App Store spurred US$458 billion in sales last year from categories such as retail of physical goods, ride-hailing and advertising from which the iPhone maker takes no commission.

SAO PAULO: Planemaker Embraer said on Monday it will receive a US$600 million loan, financed partly by Brazil's government, to help the company weather the coronavirus crisis that has ravaged the air travel industry. Embraer had been lobbying for the loan since April, when a crucial deal with ......

JPMorgan Chase & Co plans to start returning more traders to its Manhattan trading floors starting next week, Bloomberg News reported on Monday.

JPMorgan Chase & Co plans to start returning more traders to its Manhattan trading floors starting next week, Bloomberg News reported on Monday.

The U.S. will amend its prohibitions on U.S. companies doing business with China's Huawei to allow them to work together in standards settings for next generation 5G networks, according to people familiar with the matter.

British Airways is fighting for its survival and has acted lawfully, Willie Walsh, the chief executive of the airline's owner IAG said on Monday, in a terse response to lawmakers who heavily criticised its treatment of employees.

SAN FRANCISCO: Facebook on Monday (Jun 15) added a digital payments feature to its WhatsApp messaging service, starting in Brazil but with an eye to expanding around the world. WhatsApp users in Brazil can use the encrypted mobile messaging service to send money or make purchases, Facebook said in ......

WASHINGTON, DC: The Federal Reserve on Monday (Jun 15)  launched its latest life raft for US businesses hurt by the coronavirus pandemic. Administered by the Boston Fed, the Main Street Lending Programme will offer up to US$600 billion in loans through participating lenders to small and medium ...

SINGAPORE: "Fast lane" travellers returning to Singapore may appeal for swab tests in place of the mandated 14-day stay-home notice (SHN) they would have to serve when they are back in the country, said Trade and Industry Minister Chan Chun Sing on Monday (Jun 15). A "fast lane" arrangement...