Markets

GENEVA: The World Trade Organisation on Wednesday (Oct 2) gave Washington the green light to slap annual tariffs on US$7.5 billion (€6.8 billion) worth of EU goods in retaliation for the bloc's illegal support of Airbus. The ruling is the largest arbitration award in WTO history and a landmark...

Wall Street's love of cannabis appears to be going up in smoke as vaping-related ailments and missed revenue projections are prompting short sellers to raise their bets against the industry, fund managers and analysts said on Wednesday.

Apple Inc CEO Tim Cook on Wednesday filed a brief at the U.S. Supreme Court opposing President Donald Trump's effort to end a programme that protects from deportation hundreds of thousands of immigrants who were brought into the United States illegally as children.

SAN FRANCISCO: Microsoft on Wednesday (Oct 2) unveiled new Surface tablet devices with twin-screens that open like books, including a notepad-sized version that will put it back in the smartphone game next year. Surface Duo was touted as the first device in the lineup to fit into a pants...

Florida has signed on to a consent agreement that the Justice Department reached with Sprint Corp and T-Mobile US Inc to allow the companies to merge, according to a court filing on Wednesday.

Analysts on Wednesday trimmed their profit estimates for Exxon Mobil Corp after the largest publicly traded oil producer pointed to weaker third-quarter results in a regulatory filing due to weaker oil prices and chemicals margins.

The Big Three U.S. automakers on Wednesday reported a rise in sales of pick-up trucks for the third quarter as lower interest rates boosted demand in an otherwise sluggish auto market.

Hiring by U.S. private employers slowed further in September, suggesting that trade tensions, which have pressured manufacturing, could be spilling over to the labor market.

NEW YORK: Imperative Execution, an upstart, artificial intelligence-driven U.S. stock trading venue operator, is going after the business of the New York Stock Exchange and other bourses by adopting their pricing models and may soon register as an exchange, the head of the company said on Wednesday ...

Canada's border security agency admitted making an "error" while sharing passcodes of phones belonging to Huawei chief financial officer Meng Wanzhou with Canadian federal police, according to document filed as part of a hearing in a British Columbia court.