Oil drops after strong rally as talk of slower recovery weighs
SINGAPORE: Oil prices fell on Thursday, giving up some of the recent strong gains on expectations of slower economic recovery and speculation...
Volkswagen taps Microsoft’s cloud to develop self-driving software
CALGARY: Volkswagen AG on Thursday said it will use Microsoft Corp's cloud computing services to help it streamline its software development efforts...
Oil in longest rally in two years as vaccines boost demand hopes
NEW YORK: Oil rose on Wednesday, extending its rally for a ninth day, its longest winning streak in two years, supported by...
Toyota hikes profit forecast 54pc, shrugs off global chip supply issues
TOKYO: Toyota Motor Corp said on Wednesday it has an up to four-month stockpile of chips and was not immediately expecting a...
India and Twitter face off over content as officials flock to rival Koo
Twitter says it won't block activists, journalists and politicians
Europol: 10 held for alleged $100m cryptocurrency theft from celebs, others
AMSTERDAM: Europol, the European police agency, said on Wednesday it had assisted in the arrest of 10 hackers suspected of stealing $100...
Recovery in global trade to stall again in first quarter: UN report
GENEVA: A recovery in global trade is expected to slow again in the first quarter of 2021 as the coronavirus pandemic keeps...
Bitcoin powers towards $50K as Tesla takes it mainstream
LONDON: Bitcoin was fast approaching the $50,000 mark on Tuesday as the afterglow of Elon Musk-led Tesla’s investment in the cryptocurrency had...
Volkswagen explores flying cars in China
HAMBURG: Volkswagen is conducting a feasibility study in China about flying cars, Europe’s biggest automaker said on Tuesday, joining a growing number...
South Korean boy investor with 43pc gains is new retail trading icon
SEOUL: Watching the business news first thing is a new routine for 12-year-old South Korean Kwon Joon, as he dreams of becoming...
Coca-Cola turns to 100pc recycled plastic bottles in US
Coca-Cola Co will sell its popular sodas in bottles made from 100pc recycled plastic material in the United States, the beverage maker...
Oil hits 13-month highs on supply cuts, weak dollar
LONDON: Oil hit 13-month highs on Tuesday with the Brent benchmark staying above $60 a barrel, supported by supply cuts, a weak...
Honda and Nissan to sell a quarter of a million fewer cars because of chip shortage
TOKYO: Japan’s second and third largest automakers, Honda Motor and Nissan Motor, will sell a combined 250,000 fewer cars in the current...
Stocks, oil rise in Asia after US records
BEIJING: Asian stock markets rose on Tuesday after a record-setting day on Wall Street, while Bitcoin paused for breath after an overnight...
Amazon workers begin voting in landmark US union push
WASHINGTON: Workers at an Amazon warehouse in Alabama have begun voting on whether to form the first American union at the e-commerce...