Markets

Democratic presidential candidate Joe Biden's campaign published an open letter to Facebook Chief Executive Mark Zuckerberg on Thursday, calling for the company to fact-check politicians' ads in the weeks ahead of the U.S. presidential election.

Microsoft Corp will not sell its facial-recognition technology to police departments until there is a federal law regulating the tech, the Washington Post reported on Thursday, citing the software maker's president, Brad Smith.

Food giant Nestle said it is exploring a potential sale of part of its North American water business, including its well-known Pure Life brand, as it moves to focus on the better performing brands in its water division.

Democratic presidential candidate Joe Biden's campaign published an open letter to Facebook Chief Executive Mark Zuckerberg on Thursday, calling for the company to fact-check politicians' ads in the weeks ahead of the U.S. presidential election.

JOHANNESBURG: Adding streaming services will give Africa's biggest pay-TV group, MultiChoice, a head start when online viewing takes off on the continent, it said on Thursday, after revealing it had deals with Netflix and Amazon. CEO Calvo Mawela, in a presentation on Thursday, did not name the ...

REUTERS: Instacart said on Thursday it had raised US$225 million in a new funding round, valuing it at US$13.7 billion, as the grocery delivery company cashes in on a surge in online shopping due to the COVID-19 pandemic. The new financing round was led by venture capitalist firms DST...

Exxon Mobil is preparing to restart the sale of its British North Sea assets after weaker oil prices and the coronavirus outbreak led to months of delay, industry and banking sources said.

Fast-talking auctioneer Greg Highsmith sung out dozens of prices - "seventy-five-hundred now, US$10,000 now, be able to get 15,000?" - before a North Dakotan buyer paid US$27,500 for a used Caterpillar oil swabbing rig on Friday.

WASHINGTON, DC: Layoffs caused by the coronavrius pandemic reached 44.2 million in the United States even as businesses try to reopen, with analysts warning of continuing damage to the world's largest economy as COVID-19 shows few signs of abating. Wall Street stocks plunged at the start of ...

PARIS: France plans to hold its much-awaited 5G spectrum auction at the end of September after a delay due to the coronavirus outbreak, the country's telecoms watchdog Arcep said on Thursday. The auction, which had previously been postponed over disagreements between the French finance ministry ...