Markets

The chair of the House Judiciary Committee's antitrust panel on Thursday called for a moratorium on mergers in the next coronavirus stimulus package and a ban on deals that are not directly related to companies about to fail.

U.S. business activity plumbed new record lows in April as the novel coronavirus severely disrupted manufacturing and services industry production, pushing the economy into uncharted waters.

Canyon Bridge, the China-backed owner of Imagination Technologies, plans to re-list the UK-based chip designer in London, New York or Hong Kong, the head of the private equity firm told the Financial Times on Thursday.

Jaguar Land Rover plans to restart some European production from May 18, beginning with one of its three British car factories, a central English engine site in Wolverhampton and its plant in Slovakia.

Blackstone Group Inc , the world's largest manager of alternative assets such as private equity and real estate, reported a 4per cent rise in its first-quarter distributable earnings driven by a surge in management fees on strong fundraising, even as its funds took a hit in the coronavirus-induced ......

STOCKHOLM: Sweden said on Thursday it would introduce a limit on how much punters could gamble in online casinos for the duration of the coronavirus outbreak as isolated individuals increasingly turn to such sites for entertainment. With football and other organised sports shut down by ...

Apple Inc plans to sell Mac computers with its own main processors by next year based on the chip designs currently used in its iPhones and iPads, Bloomberg reported on Thursday.

Eli Lilly and Co beat quarterly profit estimates and raised the top-end of its 2020 earnings forecast on Thursday, benefiting from customers stockpiling on medicines such as its diabetes treatment Trulicity amid the coronavirus pandemic.

President Donald Trump's plan to fill the U.S. emergency crude oil stockpile has become the centerpiece of his administration's strategy to shield drillers from a meltdown in energy demand - but company officials and industry groups said the program will not be enough.

Germany has chosen a home-grown technology for smartphone-based tracing of coronavirus infections, putting it at odds with Apple which has refused on privacy grounds to support the necessary short-range communication on iPhones.