Markets

REUTERS: U.S. Federal Trade Commission (FTC) has broadened its scrutiny of Amazon.com Inc beyond its retail operations to include its cloud-computing business, Bloomberg https://news.bloomberglaw.com/mergers-and-antitrust/amazon-faces-widening-u-s-antitrust-scrutiny-in-cloud-business reported on ...

Slack Technologies Inc forecast disappointing current-quarter revenue and profit on Wednesday as its messaging platform wrestles with stiff competition.

Facebook Inc's Instagram said it will require birthdates from all new users starting on Wednesday, expanding the audience for ads for alcohol and other age-restricted products while offering new safety measures for younger users.

CBS Corp and Viacom Inc completed their merger on Wednesday, reuniting media mogul Sumner Redstone's U.S. entertainment empire.

Ailing economies and crumbling politics prompt big questions about the discipline’s foundations, says former World Bank chief economist Kaushik Basu.

BENTO GONCALVES, Brazil: South America's four-nation trade bloc Mercosur began a tense meeting on Wednesday (Dec 4) reeling from US steel and aluminium tariffs and a spat between its two biggest members. Foreign ministers of Brazil, Argentina, Paraguay and Uruguay opened the two-day meeting in the ...

United Auto Workers leaders from Fiat Chrysler Automobiles NV's U.S. plants on Wednesday recommended approval of a tentative labor agreement that would allow the Italian-American automaker to avoid a strike as it works to merge with France's Groupe PSA.

Slack Technologies Inc forecast disappointing current-quarter revenue and profit on Wednesday as its messaging platform wrestles with stiff competition.

CIRCULATE Capital has launched a US$106 million Singapore-based fund dedicated to preventing plastic from entering Asia's oceans, and which it hopes can catalyse more investments into this area.

NEW YORK: Wall Street stocks shrugged off three straight negative sessions and finished higher on Wednesday (Dec 4) following upbeat reports on US-China trade talks that offset lackluster economic data. Analysts cited a Bloomberg News report that said Washington and Beijing as near finalizing a ...