Markets

LOS ANGELES: It's all water under the bridge, apparently: Chris Cox is coming back to Facebook as chief product officer, after his sudden departure in Mar 2019 over an apparent dispute with his boss, CEO Mark Zuckerberg, over strategy. Cox, in announcing his return to Facebook in a post on ......

Facebook's deal for popular GIF website Giphy has caught the eye of UK's competition watchdog, which said on Friday it had begun a probe into the deal for possibly reducing competition in the United Kingdom.

When the novel coronavirus first appeared in the United States, North Dakota was in the envious position of having more money in its state coffers than it had budgeted.

U.S. airline American Airlines Group Inc said on Friday it expects its second quarter revenue to decline 90per cent compared with a year earlier.

Cheryl Wellman was able to bring back most of her furloughed workers last month with the help of a special government loan.

Top Wall Street brokerages Goldman Sachs and Morgan Stanley downgraded their ratings on Tesla Inc saying the electric carmaker's shares were overpriced, two days after the high-flying stock crossed US$1,000 per share.

JAKARTA: Indonesia's State-Owned Enterprises Minister Erick Thohir said on Friday (Jun 12) he aimed to group units of state oil and gas company Pertamina into "sub-holdings" and launch initial public offerings within two years. Thohir is trying to revamp hundreds of Indonesian state companies to ...

BEIJING: Zoom has gained a following in China in recent months from users ranging from underground churches to feminists who saw it as a rare way to connect with the world beyond the reach of state censors. Some fear that window may be closing. On Friday, Zoom said it had suspended...

REUTERS: Pharmacy benefits manager Magellan Health Inc said on Friday it was the target of a ransomware attack in which customer information such as physical addresses and health insurance account details may have been leaked. The company, which discovered the attack on April 11, said it had no ......

German airline group Lufthansa plans to offer coronavirus tests at airports in Frankfurt and Munich, a spokesman said on Friday.