Markets

NEW YORK: Oil prices jumped to near six-month highs on Monday (Apr 22) as the Trump administration cracked down on Iranian oil exports, announcing it would no longer grant waivers from US sanctions. The announcement came on an otherwise quiet day for global stock markets, with European bourses on ......

OWNING a credit card can seem like a rite of passage in the US, where even a college student with no income can sign up and start swiping. More than two-thirds of Americans over the age of 15 carry plastic.

DBS Group Holdings shareholders may be fascinated to find that they can glean CEO Piyush Gupta's world view from the bank's latest annual report.

Senior executives at T-Mobile US Inc and Sprint Corp made the case to U.S. officials in Washington last week that they should approve a planned tie-up between the two wireless companies, arguing a combined firm would have incentives to "aggressively lower prices."

Chief Executive Elon Musk unveiled on Monday a microchip for self-driving vehicles that the electric car company hopes will give Tesla Inc an edge over rivals.

Facebook Inc on Monday named the legal adviser to the U.S. State Department as its general counsel, as the social media giant faces growing regulatory hurdles and privacy concerns.

Appliances maker Whirlpool Corp beat analysts' estimates for quarterly profit on Monday, fueled by price increases to counter higher raw material and freight costs.

NEW YORK: Wall Street stocks finished little changed on Monday (Apr 22) at the start of a heavy earnings week, with most petroleum-linked shares rising with oil prices. The Dow Jones Industrial Average shed 48.49 points (0.18 per cent) to 26,511.05. The broad-based S&P 500 added 2.94 points (0.10 ...

Tesla Inc unveiled on Monday technical details on the computer chip at the center of its self-driving strategy as Chief Executive Elon Musk tries to show that the electric car maker's massive investment in the sector will pay off.

Canada's Bombardier Inc sees higher sales from modernizing existing rail cars as the company works to further diversify its largest division as measured in revenue, a spokesman said this month.