Markets

Delta Air Lines said on Thursday it would buy a 20per cent stake in LATAM Airlines Group for US$1.9 billion, creating a major new airline partnership and ending the Chilean carrier's ties with American Airlines.

General Motors Co on Thursday reversed its decision not to pay for the healthcare coverage of its striking United Auto Workers union workers, citing confusion around the issue, a company spokesman said.

Toyota Motor Corp plans to raise its stake in Subaru Corp to more than 20per cent from around 17per cent now, expanding their partnership to invest more effectively in new technologies, Nikkei reported on Friday.

Toyota Motor Corp plans to raise its stake in Subaru Corp to more than 20per cent from around 17per cent now, expanding their partnership to invest more effectively in new technologies, Nikkei reported on Friday.

Asian shares were on course for a second straight week of losses on Friday as the release of a whistleblower complaint against U.S. President Donald Trump heightened uncertainties about the global economy, already reeling from Sino-U.S. trade war.

Uber on Thursday unveiled a revamped version of its smartphone app that weaves together services from shared rides to public transit schedules while adding more security features.

WeWork is halting all new lease agreements with property owners as the U.S. office-sharing startup looks to curtail costs, the Financial Times reported on Thursday citing people briefed on the matter.

The rapidly growing internet sector accounted for US$2.1 trillion of the U.S. economy in 2018, or about 10per cent of the nation's gross domestic product (GDP), an industry group said on Thursday.

Online giant Amazon is the latest company to be sued under a US law for profiting from property seized by Cuba's communist government after the 1959 revolution.

Fast food giant McDonald's is dipping another foot into the world of plant-based "meat", announcing plans on Thursday (Sep 26) to test a vegetarian burger in Canada. The "PLT", standing for "Plant, Lettuce, Tomato", will be available for 12 weeks in 28 restaurants in Ontario starting on Sep 30 ...