Markets

Mark Wiseman, global head of active equities at BlackRock Inc , is leaving the firm following a violation of the company's "relationships at work policy," the world's largest asset manager said in an internal memo on Thursday.

Significant additional regulatory requirements or delays in returning the 737 MAX to commercial service could cause Boeing Co to cut or temporarily halt 737 MAX production, the U.S. planemaker said in a letter seen by Reuters on Thursday.

Facebook Inc on Thursday sued a Hong Kong company that it said baited people into clicking on celebrities' photos and bogus advertising links, so it could install malware and run ads for counterfeit goods, diet pills and male enhancement supplements.

State-owned oil giant Saudi Aramco has priced its initial public offering (IPO) at the top of its indicative range, the company said on Thursday, making it the world's biggest flotation by raising more than Alibaba's US$25 billion listing in 2014.

NEW YORK: Saudi Arabia's state oil company Aramco launched its initial stock offering on Thursday (Dec 5), pricing at the high end of the target range and raising US$25.6 billion, two sources told AFP. That sum raised by the oil giant surpasses the US$25 billion raised by the Chinese...

Airbus booked orders for 222 aircraft in November, driven mainly by the Dubai Airshow, and formally recognized a cut in orders for the soon-to-be-axed A380 superjumbo following a major fleet review by Dubai's Emirates, company data showed on Thursday.

Japan's No. 2 automaker Nissan Motor Co said on Thursday its U.S. unit would halt operations for two days next month, as the company tries to reverse a slide in profitability in the country.

Ride-hailing company Waymo said on Thursday its app will now be available to iPhone users in Phoenix, Arizona.

LONDON: Most European and US markets slumped on Thursday (Dec 5) after an upbeat start to the day was eroded by news the US Congress is moving ahead with impeachment efforts against President Donald Trump. House Speaker Nancy Pelosi ordered articles of impeachment to be drawn up that could lead...

Significant additional regulatory requirements or delays in returning the 737 MAX to commercial service could cause Boeing Co to cut or temporarily halt 737 MAX production, the U.S. planemaker said in a letter seen by Reuters on Thursday.