Markets

WASHINGTON: US manufacturing activity tumbled to a more than 10-year low in September as lingering trade tensions weighed on exports, further heightening financial market concerns of a sharp slowdown in economic growth in the third quarter. The survey from the Institute for Supply Management (ISM) ...

YEREVAN, Armenia: Singapore on Tuesday (Oct 1) signed several components of a free trade agreement (FTA) with the Russia-led Eurasian Economic Union (EAEU), paving the way for greater business links between Singapore and EAEU markets.  The five-member Eurasian Economic Union comprises Armenia ...

United Parcel Service Inc on Tuesday said it won the U.S. government's first full approval to operate a drone airline, which gave it a lead in the nascent U.S. drone delivery business over rivals Amazon.com Inc and Alphabet Inc .

Hyundai Motor Co and its Kia affiliate have sued the four largest U.S. railroads, accusing them of violating U.S. antitrust law by conspiring to drive up shipping costs though coordinated fuel surcharges.

JPMorgan Chase & Co has become so big that some rival banks and analysts say changes to its US$2.7 trillion balance sheet were a factor in a spike last month in the U.S. "repo" market, which is crucial to many borrowers.

Discount brokerage company Charles Schwab Corp said on Tuesday it is eliminating commissions for online trading of stocks, ETFs and options listed on U.S. or Canadian exchanges.

Tesla Inc's electric Model 3 remained Norway's top-selling vehicle in the third quarter even as sales of the car declined from earlier in the year, registration data showed on Tuesday.

French drugmaker Sanofi will hold an investor day to spell out the group's short and longer term strategy in December, its newly appointed chief executive said on Tuesday.

Tesla Inc's electric Model 3 remained Norway's top-selling vehicle in the third quarter even as sales of the car declined from earlier in the year, registration data showed on Tuesday.

BRUSSELS: A Belgian commercial court in Ghent on Tuesday (Oct 2) declared the local travel agency business of British tour operator Thomas Cook bankrupt, putting 500 jobs at risk. Thomas Cook Retail Belgium is the group's largest Belgian subsidiary and the fourth and final one to collapse in the ......