Markets

Global shares skidded further from five-month peaks on Friday as a bounce back in European business activity did little to ease the jitters surrounding Sino-U.S. tensions, while gold approached a record high.

China's Alibaba Group Holding Ltd is seizing on a new business opportunity thrown up by the novel coronavirus: helping foreign universities skirt China's stringent internet controls to keep classes going for their mainland Chinese students.

British Airways-owner International Airlines Group said American Express would pay it 750 million pounds (US$955 million) to renew their partnership, providing a welcome boost to the airline's finances at a time when it is burning through cash.

A day after saying social media users would need to obtain a license before posting videos, Malaysia's government abruptly abandoned the move, which critics said could have undermined freedom of expression.

Vodafone, the world's second biggest mobile operator, said on Friday it would list its towers business, named Vantage Towers, in Frankfurt in early 2021.

The EU called Friday on the United States to lift tariffs imposed in a long-running dispute over aircraft subsidies after Airbus said it had brought itself into compliance with World Trade Organization rulings.

In the northern English seaside resort of Blackpool, the family-run Elgin Hotel is preparing to reopen in August after four months' enforced closure.

LONDON: Vodafone , the world's second biggest mobile operator, said on Friday it would list its towers unit, named Vantage Towers, in Frankfurt in early 2021. It announced it would set up a European mast company worth upwards of 18 billion euros a year ago. The spin-out, which has...

SINGAPORE: Singapore's manufacturing output continued its decline in June, with demand down in all clusters except electronics and precision engineering. Industrial production fell 6.7 per cent year-on-year in June, extending May's revised 8.1 per cent decline, the Economic Development Board (EDB) ...

European planemaker Airbus on Friday made what it described as a final step aimed at halting a transatlantic trade war over billions of dollars of aircraft subsidies.