Global oil prices stay mixed amidst report of rise in US crude stockpiles
Tokyo: Oil prices were mixed on Wednesday, dampened by reports of rising U.S. crude stockpiles but retaining some of the gains made...
Oil prices decline second day running due to oversupply worries
Tokyo: Oil prices fell on Tuesday, declining for a second day and sapping more strength from a third-quarter rally, amid signs that...
Tata Motors to shed 1,100 JLR jobs after pandemic hits earnings
BENGALURU: India’s Tata Motors Ltd expects to shed about 1,100 temporary jobs at Jaguar Land Rover after it raised the cost-cutting target...
Asian stocks rally falters, after Wall Street shares lose steam
TOKYO: Asian stocks stalled on Tuesday, halting an earlier rally after Wall Street shares lost steam, while the dollar sagged on the...
China gives Shenzhen more autonomy for market reform, integration
SHANGHAI: China on Sunday detailed steps to grant more autonomy to Shenzhen, letting the southern financial and technology hub pilot reforms in...
Amazon takes on India’s Reliance in court fight over retailer
WASHINGTON: A battle between Amazon.com Inc and Reliance Industries Ltd to dominate India’s $1 trillion consumer market is stoking nationalist rhetoric in...
Tesla launches second $5bn share sale since September
SAN FRANCISCO: Tesla Inc unveiled a $5 billion capital raise on Tuesday, its second such move in three months as the electric-car...
Eurozone unemployment falls to decade low of 8.2 percent
Unemployment hit a peak of 12.1 percent in 2013 when the crisis, at least for the eurozone, morphed into a government debt crisis largely centred on Greece
Outgoing CEO says Panasonic must cut Tesla reliance as battery tie-up evolves
MONTREAL: Panasonic Corp’s outgoing Chief Executive Kazuhiro Tsuga said the company will need to reduce its heavy reliance on Tesla Inc by...
Microsoft in talks to acquire messaging platform Discord for more than $10bn: report
Microsoft Corp is in talks to buy messaging platform Discord Inc for more than $10 billion, Bloomberg News reported, citing people familiar...
China says WTO faces ‘profound crisis’, urges reform
BEIJING:Â China on Friday urged the World Trade Organisation (WTO) to close loopholes and correct practices by some member states that damage global...
Bitcoin drops below $30,000 on China crackdown
HONG KONG: Bitcoin on Tuesday fell below $30,000 for the first time since January, briefly erasing gains for the year and adding...
Trade progress boosts Wall Street at end of rough year
USÂ stock indexes jumped on Monday in a broad-based rally driven by growth sectors, as signs of progress in the US-China trade dispute...
Oil steadies, Delta outbreaks cloud demand prospects
LONDON: Oil prices steadied on Wednesday after four days of declines with investors still worried about the outlook for fuel demand as...
Alibaba results beat estimates on cloud, e-commerce growth
SHANGHAI: China’s Alibaba Group Holding Ltd reported better-than-expected quarterly revenue and profit on Thursday, aided by growth in its e-commerce and cloud computing...