Markets

Weak demand is forcing U.S. employers to lay off workers, keeping new applications for unemployment benefits extraordinarily high, even as businesses have reopened, buttressing views the labor market could take years to recover from the COVID-19 pandemic.

Seeking to forestall further claims, Bayer AG is taking a risky bet that an independent scientific review will ultimately show that its widely used weed killer Roundup does not cause cancer, legal experts said.

Retail giant Amazon Inc is expanding its Australian operations with plans to build a warehouse in Sydney and is also scouting locations for a giant facility in Melbourne, the Australian Financial Review reported on Thursday.

SoftBank Group Corp Chief Executive Masayoshi Son said at an annual shareholders' meeting on Thursday the equity value of the group's holdings has recovered to pre-coronavirus pandemic levels.

THE Association of Banks in Singapore (ABS) will postpone its 47th annual dinner this year to a later date in light of the Covid-19 crisis and safe distancing measures in place. 

WASHINGTON: GlobalFoundries could expand output at its flagship U.S. plant or break ground on a new one next to it, the chief executive of the semiconductor contract manufacturer told Reuters on Wednesday. U.S.-based GlobalFoundries, a unit of Abu Dhabi's state-owned fund Mubadala, could install ...

The Trump administration has determined that top Chinese firms, including telecoms equipment giant Huawei Technologies and video surveillance company Hikvision, are owned or controlled by the Chinese military, laying the groundwork for new U.S. financial sanctions, according to a document seen by ...

DBS Bank and transport operator ComfortDelGro Taxi have partnered to enhance payment services for Singapore customers.

Apple Inc is set to shut seven of its retail locations in Houston, Texas again due to an increase in the number of novel coronavirus cases in the United States, the company said Wednesday.

Facial recognition vendor Rank One Computing said on Wednesday it would "add legal means" and research other ways to thwart misuse after its software was involved in the first known wrongful arrest based on the technology in the United States.