Markets

Private equity investor KKR said on Monday it had acquired a stake of 5.2per cent in German broadcaster ProSiebenSat.1 Media , returning as an investor in the company it had backed from 2006 to 2014.

Comcast Corp units NBCUniversal and Sky said Monday that advertising across both of the media companies can now be purchased through the same tool, as the firms look to attract more global advertisers and weather the coronavirus pandemic.

Oklahoma's energy regulators on Monday began hearing arguments from producers seeking to win state-support for setting limits on oil production to help stabilize prices.

SINGAPORE: Tech firm Razer will be giving out free surgical masks to all Singapore residents aged 16 and above, through a network of vending machines across the island, the company said on Monday (May 11). Twenty vending machines will be set up across Singapore, including at all malls under ...

PARIS: What will the economic recovery from the coronavirus crisis look like in different countries? Economists have taken to using letters to describe the shape of potential recoveries ... or stagnation. U, V, W, and L-shaped recoveries all describe a brutal drop in economic activity since the ...

Fritz Gerber, the long-time head of Roche Holding who helped transform the Swiss company from an image-tarnished vitamins, drugs and chemicals conglomerate into a biotechnology and diagnostics giant, has died at the age of 91.

Wizz Air needs more details on British plans to quarantine travellers before it can assess its impact after seeing strong demand for the routes it has started operating, its chief executive told Reuters.

A Munich court is planning to drop proceedings against British short seller Fraser Perring for suspected manipulation of the share price of German payment processor Wirecard , a court spokesman said on Monday.

U.S. Treasury Secretary Steven Mnuchin said on Monday he sees no need for the country to buy back debt and that he plans to borrow money long-term to lock in low interest rates, as the coronavirus pandemic rocks the economy.

RIYADH: Saudi Arabia said Monday (May 11) it had asked oil giant Aramco to cut an additional one million barrels per day from June, to support prices that have crashed during the coronavirus crisis. The move will reduce the production of the world's biggest crude exporter to 7.5 million...