Markets

The Federal Reserve expects U.S. household finances and business balance sheets to grapple with "persistent fragilities" as a result of the shock to economic activity arising from the coronavirus pandemic, the central bank said in a report to Congress on Friday.

SAO PAULO: Brazilian cosmetics maker Natura &Co said on Friday that its Avon subsidiary plans to reboot over the next week some of its systems affected by a cyber incident reported days ago while it continues to investigate whether personal data has been exposed. "However, at this time, it...

An anti-China advocacy group that includes former White House adviser Steve Bannon is calling on the Trump administration to exclude Chinese companies from U.S. financial markets, as the White House studies new ways to crack down on China.

An interruption to a searing rally gave a jolt to equity investors who had been getting used to weeks of steadily rising U.S. stocks.

China's Tencent Music Entertainment Group on Friday reported a 5.2per cent passive stake in Warner Music Group Corp, about a week after the world's third-largest recording label's debut on the Nasdaq.

Drugstore chain CVS Health Corp joined Walmart Inc in announcing it will stop keeping beauty and personal care products designed for people of color in locked display cases, after the practice drew criticism online.

LOS ANGELES: It's all water under the bridge, apparently: Chris Cox is coming back to Facebook as chief product officer, after his sudden departure in Mar 2019 over an apparent dispute with his boss, CEO Mark Zuckerberg, over strategy. Cox, in announcing his return to Facebook in a post on ......

Facebook's deal for popular GIF website Giphy has caught the eye of UK's competition watchdog, which said on Friday it had begun a probe into the deal for possibly reducing competition in the United Kingdom.

When the novel coronavirus first appeared in the United States, North Dakota was in the envious position of having more money in its state coffers than it had budgeted.

U.S. airline American Airlines Group Inc said on Friday it expects its second quarter revenue to decline 90per cent compared with a year earlier.