Markets

Several major Occidental Petroleum Corp shareholders have voiced opposition to the oil company's US$38 billion bid for rival Anadarko Petroleum Corp that now includes a pricey financing deal with billionaire Warren Buffett.

Verizon Communications Inc is seeking a buyer for its blogging website Tumblr, the Wall Street Journal reported on Thursday, citing people familiar with the matter.

Jurors on Thursday said they had reached a verdict in the trial of the founder of Insys Therapeutics Inc and four colleagues accused of bribing doctors to prescribe an addictive painkiller, helping to drive the U.S. opioid drug abuse crisis.

PepsiCo Inc will withdraw its lawsuits against a number of Indian potato farmers accused of infringing its patent, the company said on Thursday.

NEW YORK: Shares of vegan burger maker Beyond Meat Inc surged 84 percent in their market debut on Thursday, as investors look to cash in on the growing popularity of plant-based meat alternatives. The stock opened at US$46, well above its IPO price of US$25, giving Beyond Meat a...

Alphabet Inc's Google unit told a U.S. House panel it annually spends hundreds of millions of dollars on content review and said it manually reviewed over 1 million suspected "terrorist videos" on YouTube in the first three months of 2019.

Tesla Inc expects global shortages of nickel, copper and other electric-vehicle battery minerals in the near future due to underinvestment in the mining sector, the company's head of minerals procurement told an industry conference on Thursday, according to two sources.

Global cooperation is key to ensuring the security of 5G networks, cyber security officials said on Thursday at a meeting in Prague aimed at hammering out how to combat threats as nations begin rolling out next-generation telecoms equipment.

WASHINGTON: US worker productivity increased at its fastest pace in more than four years in the first quarter, depressing labour costs and suggesting inflation could remain benign for a while. The report from the Labour Department on Thursday (May 2) came on the heels of data this week showing ......

LONDON: The Bank of England hinted on Thursday (May 2) at quicker-than-expected interest rate hikes, after raising its UK economic growth forecasts thanks to company stockpiling ahead of Brexit. The British central bank predicted that gross domestic product (GDP) would expand this year by 1.5 per ...