Markets

WASHINGTON: The European Union decision to offer Britain a six-month delay in exiting the economic bloc averts disaster but perpetuates the uncertainty of Brexit, IMF chief Christine Lagarde said Thursday (Apr 11). "At least the UK is not leaving on the 12th of April without a deal," Lagarde told...

Apple, already the subject of EU antitrust scrutiny, on Thursday became the target of a Dutch investigation for allegedly favoring its own apps on its popular App Store.

Newmont Mining shareholders on Thursday approved the company's US$10 billion takeover of Goldcorp Inc which is set to create the world's biggest gold producer with assets across the Americas, Africa and Australia.

A Russian court on Thursday released U.S. investor Michael Calvey after two months in jail and placed him under house arrest until Saturday, softening his treatment in a fraud case that has rattled investors.

China's Huawei Technologies said on Thursday the security of its telecoms network equipment was as tight as any, and hit back at the U.S. government for briefing Washington's allies against it.

U.S. stocks opened marginally higher on Thursday, as investors assessed warnings from major central banks about a global slowdown and looked ahead to the start of the corporate earnings season.

Marriott International Inc, the world's biggest hotel company with luxury brands such as St. Regis and Ritz-Carlton, says it is committed to all of its brands which give it the breadth to take advantage of fast-growing markets like China.

Shares of Bed Bath and Beyond fell about 10 percent in early trading, after the home furnishing retailer forecast dismal first-quarter profits that raised doubts on the efficacy of its turnaround plan.

U.S. stocks opened marginally higher on Thursday, as investors assessed warnings from major central banks about a global slowdown and looked ahead to the start of the corporate earnings season.

Amazon.com Inc Chief Executive Officer Jeff Bezos on Thursday challenged rival retailers to increase their minimum wages to US$16 an hour.