Markets

Oil prices rose for a third day on expectations that major producers are likely to enact deeper output cuts to offset the slump in demand caused by the coronavirus outbreak in China, the world's second-largest crude consumer.

: E-cigarette maker Juul Labs Inc bought online advertisements on teen-focused websites for Nickelodeon, Cartoon Network and Seventeen magazine after it launched its product in 2015, according to a lawsuit filed on Wednesday by the Massachusetts attorney general's office. The allegations in the ...

Amazon Chief Executive Jeff Bezos, the world's wealthiest person, has bought the Warner Estate in Beverly Hills from media mogul David Geffen for US$165 million, the Wall Street Journal reported on Wednesday, citing people familiar with the transaction.

DBS Group reported a 14 per cent boost in net profit to S$1.51 billion for the fourth quarter from compared with a year ago, on the back of broad-based business momentum.

DBS Group chief executive officer Piyush Gupta said that the bank is expecting a revenue impact of around 1 to 2 per cent in 2020, with special provisions potentially to rise by a few basis points of loans, as a result of the novel coronavirus (Covid-19) outbreak....

SINGAPORE: DBS Group Holdings, Southeast Asia's biggest lender, reported a 14% per cent rise in fourth-quarter profit on Thursday (Feb 13), just above market estimates, and said it saw little impact on its business from the coronavirus outbreak. The Singapore-based bank reported net profit of S$1 ...

The Pentagon is poised to reverse its opposition to a proposal that would further crack down on U.S. exports to China's Huawei Technologies Co Ltd, Politico reported on Wednesday, citing people familiar with internal deliberations.

Raytheon has received a subpoena from the U.S. Securities and Exchange Commission related to an investigation into the possibility of improper payments made for contracts in certain Middle East countries since 2014, the U.S. weapons maker disclosed in a filing https://www.sec.gov/ix?doc=/Archives ...

South Korean car giant Hyundai Motor has increasingly relied on China to supply auto parts to its manufacturing hub at home in recent years. As the coronavirus spreads, its strategy could be backfiring.

Smaller crowds and fewer exhibitors may have turned up but the aviation community still says the Singapore Airshow gets their vote of confidence, Mike Yeo concludes.