Markets

A wave of layoffs at restaurants, bars and hotels, as efforts to contain the coronavirus pandemic bring much of everyday American life to a halt, could drive new applications for U.S. unemployment benefits to a record 1.5 million or more next week, economists warned on Thursday.

Activist investor Starboard Value is pressuring eBay for the second time in two years and said on Thursday that it plans to install four directors on the e-commerce company's 14-member board.

Amazon.com Inc has started asking customers to cooperate with a Department of Justice criminal investigation of third-party sellers on its e-commerce marketplace, according to an email seen by Reuters.

Amazon.com Inc has started asking customers to cooperate with a Department of Justice criminal investigation of third-party sellers on its e-commerce marketplace, according to an email seen by Reuters.

SoftBank Group Corp is looking to raise an additional US$10 billion to help its first Vision Fund support portfolio companies hit by the coronavirus pandemic, Bloomberg reported https://www.bloomberg.com/news/articles/2020-03-19/softbank-seeks-10-billion-to-supplement-vision-fund-amid-crisis on ...

The world's wealthiest nations poured unprecedented aid into the traumatized global economy on Thursday as coronavirus cases ballooned in the current epicenter Europe even as they waned at the pandemic's point of origin, China.

United Nations Secretary-General Antonio Guterres warned on Thursday that a global recession "is a near certainty" and current national responses to the the coronavirus pandemic "will not address the global scale and complexity of the crisis."

MILAN: Italian car manufacturers Ferrari and Fiat Chrysler are in talks with the nation's biggest ventilator manufacturer to help it boost production of the life-saving machines which are urgently needed in the coronavirus crisis, company officials said on Thursday (Mar 19). Italy is at the ...

REUTERS: Shares of Uber Technologies Inc rose as much as 35per cent after CNBC reported that the company has plenty of cash on hand to get through the coronavirus crisis and is seeing growth in areas of businesses other than ride-hailing. The company's rides segment is seeing a 60per...

WASHINGTON: Senator Ed Markey, who has long had an interest in consumer privacy, on Thursday urged caution in the government's efforts to partner with big tech companies to track the coronavirus as a way to combat the disease. In a letter to Michael Kratsios, the White House's chief technology...