Markets

BRASILIA: Five of the biggest emerging economies railed against protectionism on Thursday (Nov 14) as they vowed to overcome "significant challenges" facing multilateralism, in a swipe at US tariffs and unilateral action. The joint declaration by BRICS countries - Brazil, Russia, India, China and ...

SoftBank's Yahoo Japan is in talks to merge with messaging app operator Line Corp to create a US$27 billion tech giant and help the Japanese conglomerate expand e-commerce and payments services.

Tesla Inc's Model 3 and S sedans both regained "recommended" status in Consumer Reports magazine's annual reliability survey, allowing the electric carmaker's overall standing to rise slightly.

A former head of subprime trading at Deutsche Bank AG will pay a US$500,000 civil fine to resolve charges he misled investors about the quality of loans backing US$1.42 billion of residential mortgage-backed securities (RMBS) issued before the 2008 financial crisis.

REUTERS: Ride-share provider Via said on Thursday it had partnered with the Port Authority of New York and New Jersey to provide flat-rate shared trips from New York City's LaGuardia Airport, which is plagued by congestion and limited access to public transit. The new service will run from ......

Walmart Inc raised its annual outlook on Thursday as a robust economy boosted purchases at its stores and website and the retailer picked up market share in food and other groceries, earning praise from U.S. President Donald Trump.

Facebook Inc signed a lease for over 1.5 million square feet of office space across 30 floors and three buildings in New York City's Hudson Yards, according to a statement by the luxury and commercial real estate development on Thursday.

WASHINGTON: US producer prices increased by the most in six months in October, lifted by gains in the costs of goods and services, further bolstering the Federal Reserve's stance that it will probably not cut interest rates again in the near term. The report from the Labour Department on Thursday...

Daimler has taken a "reality check" on self-driving "robotaxis", acknowledging that making them safe is proving harder than first thought amid questions over their future earnings potential.

Wells Fargo & Co on Thursday said its general counsel Allen Parker, who was formerly interim chief executive officer, would step down in March 2020.