Markets

Canadian billionaire Lawrence Stroll, owner of Formula One team Racing Point, is preparing a bid for a major stake in Aston Martin , Autocar magazine reported, sending the luxury sports car maker's battered shares up 17per cent on Thursday.

China's Huawei has mounted a legal challenge against the U.S. Federal Communications Commission (FCC) after the body designated the technology giant as a security threat and moved to bar it from a government subsidy program.

SINGAPORE: DBS won a new award on Thursday (Dec 5) in recognition of its efforts to nurture local social enterprises. The financial services group was named the inaugural winner of the Social Enterprise Champion of the Year (Corporation) award at the President's Challenge Social Enterprise Awards ...

United Airlines on Thursday named insider Scott Kirby as it chief executive officer to succeed Oscar Munoz, who will take the role of executive chairman in May 2020.

REUTERS: The United States on Thursday unsealed an indictment against two Russian residents in connection with a conspiracy to illegally obtain money and property by installing malware on various computers. According to the indictment, Maksim Yakubets was the leader of a group of conspirators ...

The CEO of Indonesia's national airline Garuda will be sacked for allegedly smuggling a Harley Davidson motorcycle into the country and using a subordinate's name on import papers to avoid detection, a minister said on Thursday (Dec 5).

Private digital currencies like Facebook's Libra should not be allowed in the European Union until the risks they could pose are clearly addressed, EU finance ministers agreed on Thursday.

Discount store operator Dollar General Corp raised its full-year profit forecast on Thursday after reporting its best quarterly same-store sales rise in nearly five years, benefiting from a wider selection of products and revamped stores.

Canadian billionaire Lawrence Stroll, owner of Formula One team Racing Point, is preparing a bid for a major stake in Aston Martin, Autocar magazine reported, sending the carmaker's battered share price up nearly 15per cent on Thursday.

The United States has spent "the past couple years" working to make sure its allies around the world are aware of the risks of working with companies such as Huawei, Secretary of State Mike Pompeo told reporters in Lisbon on Thursday.