Markets

Some European Union regulators objected to Ireland's preliminary ruling in a landmark privacy investigation of Twitter, the lead regulator said on Thursday, triggering a process where a majority decision will be sought.

China's Alibaba Group Holding Ltd beat quarterly revenue and profit estimates on Thursday, as its core commerce and cloud computing businesses continued to grow following China's emergence from the coronavirus lockdown.

Estee Lauder Cos Inc forecast first-quarter profit below Wall Street estimates on Thursday after posting a bigger-than-expected quarterly loss as travel restrictions and store closures put in place to contain the spread of coronavirus dampened demand for its premium make-up brands.

HANGZHOU: China's Alibaba Group Holding beat quarterly revenue and profit estimates on Thursday (Aug 20), as its core commerce and cloud computing businesses benefited from the coronavirus-led shift to online shopping and working from home. The company's US-listed shares inched up, adding to their ...

Food giant Nestle is launching a new plant-based tuna alternative in Switzerland this month ahead of a global rollout, hoping that consumers eating at home during the COVID-19 pandemic will stay eager to try new products.

FRANKFURT AM MAIN: The coronavirus pandemic has reignited debate in Germany about cutting the working week to four days to help preserve jobs during and after the economic shock. But the idea remains highly controversial. The president of Germany's powerful metalworkers union IG Metall, Joerg ...

SINGAPORE: Singapore Exchange (SGX) has expanded its partnership with global index provider FTSE Russell, under which both parties will jointly develop and market Asian and emerging markets focused, multi-asset index derivatives products. "In the next few months, you will see a series of product ...

SINGAPORE Exchange (SGX) and global index provider FTSE Russell signed an agreement on Thursday to deliver new Asian multi-asset solutions.

DUBAI: Dubai-based airline Emirates expects to resume flights to all "network destinations" by summer 2021, its chief operating officer said on Thursday (Aug 20), after the coronavirus pandemic halted most global air travel. The Middle East's largest carrier, which has a fleet of 270 wide-bodied ...

Chinese electric vehicle (EV) maker Nio Inc has launched a battery leasing service that will allow drivers to buy an EV without owning the battery pack - one of the most expensive EV components - thereby lowering the starting price of its cars.