Markets

PARIS: Britain, France, Italy and Spain suggested a "phased approach" to global digital taxation talks in a joint letter to the U.S. treasury secretary last week, which they said could open the way for a deal this year. The four countries sent the letter, seen by Reuters, to Secretary...

Facing ruin as orders from Western brands collapsed in the coronavirus pandemic, many Bangladeshi garment factories have been given a lifeline with orders to make protective masks, gloves and gowns for export.

Credit-rating firm Moody's Investors Service on Friday revised its outlook for SoftBank Group Corp to "negative" from "ratings under review", three months after making a two-notch downgrade that caused a public spat with the tech conglomerate.

The European Commission will ask its markets watchdog to investigate whether German financial regulator BaFin failed in its supervision of payments company Wirecard.

Activity tracker maker Fitbit Inc said on Friday that young adults in the United States are lagging behind older age groups in returning to the same number of steps as before the coronavirus outbreak.

Aston Martin said on Friday it would issue new shares worth up to 20per cent of its existing equity capital as the luxury carmaker seeks additional funds to ride out the coronavirus crisis.

PG&E Corp has raised about US$5.5 billion from a share offering and sale of equity units as the biggest U.S. power provider by customers looks to emerge from Chapter 11 bankruptcy next week.

SINGAPORE: Singapore’s manufacturing output fell 7.4 per cent year-on-year in May after two straight months of increase as demand weakened across most segments, with only the biomedical manufacturing cluster reporting gains. Excluding this cluster, the country’s output fell 10.4 per cent, the ...

Amazon.com Inc has agreed to pay over US$1 billion to buy self-driving startup Zoox Inc, the Information reported on Thursday, citing sources, in a move that would expand the e-commerce giant's reach in autonomous-vehicle technology.

Apple Inc said on Thursday that it would close 14 stores in Florida starting Friday due to a rise in COVID-19 cases, bringing its total re-closures to 32 stores in the United States.