Markets

WASHINGTON: The SpaceX Crew Dragon spacecraft undocked from the International Space Station on Saturday (Aug 1) with two US astronauts on board, beginning their journey back to Earth despite a storm threatening Florida. NASA footage showed the capsule drifting slowly away from the ISS in the ...

German group Siemens Healthineers AG is in advanced talks to purchase Varian Medical Systems Inc , a maker of devices and software for treating cancer, in a deal that will value the medical device maker at about US$15 billion, Bloomberg News reported late on Saturday.

German group Siemens Healthineers AG is in advanced talks to purchase Varian Medical Systems Inc , a maker of devices and software for treating cancer, in a deal that will value the medical device maker at about US$15 billion, Bloomberg News reported late on Saturday.

Two thirds of British businesses say they are now "fully operational" after the coronavirus lockdown, up from half in June, according to a survey on Sunday (Aug 1).

Marathon Petroleum plans to permanently close two small U.S. oil refineries in Martinez, California, and Gallup, New Mexico, the company said, eliminating 800 jobs in response to lower fuels demand.

Markets are not very good at pricing political and geopolitical – let alone environmental – tail risks, says Nouriel Roubini.

Eastman Kodak Co on Monday granted its executive chairman options for 1.75 million shares as the result of what a person familiar with the arrangement described as an "understanding" with its board that had previously neither been listed in his employment contract nor made public.

LATAM Airlines will fire "at least" 2,700 workers in Brazil, including pilots, its Brazilian arm said on Saturday, as the bankrupt carrier struggles to cut costs and cope with an industry collapse due to the COVID-19 pandemic.

Eastman Kodak Co on Monday granted its executive chairman options for 1.75 million shares as the result of what a person familiar with the arrangement described as an "understanding" with its board that had previously neither been listed in his employment contract nor made public.

China's ByteDance has agreed to divest the US operations of TikTok completely in a bid to save a deal with the White House, after President Donald Trump said on Friday he had decided to ban the popular short-video app, two people familiar with the matter said on Saturday.