U.S. single-family homebuilding surged in September, cementing the housing market's status as the star of the economic recovery, thanks to record-low interest rates and a migration to the suburbs and low-density areas as Americans seek more room for home offices and schooling.
The U.S. Justice Department is expected to file an antitrust lawsuit against Alphabet Inc's Google on Tuesday for allegedly breaking the law in using its market power to fend off rivals, according to a source familiar with the planning.
The U.S. Justice Department is expected to file an antitrust lawsuit against Alphabet Inc's Google on Tuesday for allegedly breaking the law in using its market power to fend off rivals, according to a source familiar with the planning.
The U.S. Justice Department said that it would hold a media briefing on Tuesday on an antitrust announcement but did not mention Google.
Consumer goods giant Procter & Gamble Co raised its annual sales forecast on Tuesday, as it benefitted from a coronavirus-driven surge in demand which has driven sales of cleaning products as much as 30per cent higher.
Bank of America has named Fernando Vicario as chief executive of its EU bank, based in Dublin, following Bruce Thompson's decision to relocate to the United States.
SINGAPORE: Singapore Airlines (SIA) said on Tuesday (Oct 20) it will resume its flights to New York amid "early signs of optimism" of a recovery in air travel. The nonstop thrice-weekly flights between Changi Airport and New York's John F Kennedy (JFK) airport will start on Nov 9, the airline...
Daimler's Chief Executive said China will remain Mercedes-Benz's biggest growth market in the next decade and the German carmaker will adjust production locations to capture shifts in demand as global trade tensions continue to rise.
Walmart Inc is aggressively expanding its advertising business after years of stuttering progress, even as a proposed deal to buy a stake in video-sharing app TikTok remains stuck in limbo.
UBS on Tuesday posted a 99per cent jump in third-quarter profit as heavy turnover in global markets helped the bank to a strong performance in investment banking and an unexpected rise in wealth management earnings.
