Markets

Italian broadcaster Mediaset said on Thursday it had reached an agreement with Peninsula Holding to limit the impact of the exercise of withdrawal rights in its deal to create a pan-European TV platform (MFE).

WASHINGTON: South Korean automaker Hyundai will pay a US$47 million fine for illegally importing and selling dirty diesel engines in violation of American environmental rules, US authorities announced on Thursday (Sep 19). Between 2012 and 2015, the company imported nearly 2,300 diesel-powered ...

Electric vehicle startup Rivian Automotive LLC got a big boost from one of its investors on Thursday when Amazon.com announced it was ordering 100,000 electric delivery vans.

REUTERS: Shares of Datadog Inc, a data analytics and cloud monitoring company, surged nearly 50per cent in their market debut, after pricing its initial public offering above expectations. Datadog's shares opened at US$40.35, giving it a market capitalization of US$11.69 billion. Shares rose as ...

Two top technology investors cautioned against drawing broadconclusions about the valuation of private companies from questions swirling around U.S. office-sharing startup WeWork.

Facebook CEO Mark Zuckerberg is meeting with lawmakers on Capitol Hill for a second day on Thursday as part of an effort by the social media giant to mend its reputation as it faces a slew of government investigations.

LONDON: Oil prices shot higher on Thursday (Sep 19) on fresh supply concerns in the Middle East, while stocks climbed on the US Federal Reserve's decision to cut interest rates. Brent oil jumped nearly over 1.5 per cent as traders seized on resurfacing tensions in the crude-rich Middle East. The...

Saudi Arabia's ability to avert a global oil supply crunch will only become clear in a few weeks, because for now its crude held in storage can fill the gap and mask the scale of damage to its facilities, traders and analysts say.

Facebook CEO Mark Zuckerberg is meeting with lawmakers on Capitol Hill for a second day on Thursday as part of an effort by the social media giant to mend its reputation as it faces a slew of government investigations.

Home rental giant Airbnb said it plans to list its shares in 2020, making it one of the most high-profile names to tap the stock market next year. (https://bit.ly/2mqasWw)