Markets

Twitter Inc hit US$1 billion in quarterly revenue for the first time, topping expectations and also beating user growth estimates in a rebound from previous troubles with ad platform bugs and unusually low seasonal demand.

Prominent Swiss investment adviser Ethos Foundation has called on Credit Suisse Chairman Urs Rohner to step down in a boardroom battle with Chief Executive Tidjane Thiam sparked by a scandal over the Swiss bank's spying on executives.

French drugmaker Sanofi will announce a new coronavirus initiative within the next two weeks, its chief executive said on Thursday, adding that it wants to present something concrete and not add to "fantasies".

SINGAPORE: Citibank has cancelled an annual investor conference originally scheduled for this month, adding to the list of events that have been called off or postponed in Singapore due to the outbreak of a novel coronavirus. “In light of the coronavirus situation, we have taken the decision to ......

Britain is seeking far-reaching reductions in tariffs from a trade deal with the United States, trade minister Liz Truss said on Thursday, setting out the broad aims of her post-Brexit push to secure new free trade agreements.

With Asia’s largest market ground to a halt, the first half of the year can be written-off for many of the region’s carriers, says Brendan Sobie.

Malaysian Prime Minister Mahathir Mohamad said on Thursday payments received to offset the costs of a high-value order could not be constituted as a bribe.

BMW will increase its capacities for producing drivetrain components for electric cars at its key Dingolfing plant, a spokesman for the luxury automaker told Reuters on Thursday.

Japan's Mitsubishi Heavy Industries said on Thursday it will book a 496.4 billion yen (US$4.5 billion) special loss after its aircraft unit delayed the delivery of its SpaceJet regional jet for at least another year until after March 2021.

India's central bank kept interest rates on hold Thursday due to soaring inflation, even as the government's annual budget announcement last week raised little hope of an economic revival.