Markets

LONDON: The British pound steadied Friday (Apr 5) after London requested another Brexit extension in the long-running saga, while global stocks mostly rose on hopes over China-US trade talks. British Prime Minister Theresa May has asked the European Union to delay Britain's departure until Jun 30 ...

BRUSSELS: European Union antitrust regulators on Friday charged BMW, Daimler and Volkswagen with colluding to block the rollout of emissions cleaning technology in a move that could lead to hefty fines. In the latest emissions scandal to hit the auto industry, the European Commission said it had ...

Alphabet Inc's Google said on Thursday it was dissolving a council it had formed a week earlier to consider ethical issues around artificial intelligence and other emerging technologies.

Businesses are delaying investments while they wait for the fog to lift, says the Financial Times' Tim Harford.

NEW DELHI: Lessors to India's Jet Airways are planning to ask the country's aviation regulator to de-register many more planes leased to the airline, three sources told Reuters, signaling that a planned bailout of the troubled carrier is failing to assuage their concerns. About six of Jet's ...

Hatch Entertainment, a spin-off from Angry Birds game maker Rovio, has struck a deal to offer 5G gaming on Samsung devices in South Korea, Rovio said on Friday.

BUCHAREST: Finance Minister Bruno Le Maire said on Friday (Apr 5) that France would stick to plans for a tax on digital giants such as Facebook and Apple, despite displeasure in Washington. "We are determined to implement a tax on the largest digital companies to bring more justice and...

STOCKHOLM: Swedbank Chairman Lars Idermark has quit only a week after the lender's chief executive was ousted over her handling of a money laundering scandal, saying the controversy threatened to distract from his role as head of forestry group Sodra. The bank, Sweden's biggest mortgage lender ...

SAN FRANCISCO: US securities regulators shot down attempts by Amazon.com to stop its investors from considering two shareholder proposals about the company's controversial sale of a facial recognition service, a sign of growing scrutiny of the technology. Decisions including one on Wednesday (Apr ...

NEW YORK: Bitcoin's trading volume dropped to a two-year low in March, digital currency trading tool provider TradeBlock said in a report on Thursday, as investors remained spooked by increased regulatory scrutiny. Bitcoin volume in the top five digital currency exchanges totalled US$2.14 billion ...