Markets

Facebook Inc is launching Facebook Shops, a service that will allow small businesses to display and sell their products on the social network's platforms, Chief Executive Officer Mark Zuckerberg said on Tuesday.

Canada's competition watchdog said on Tuesday it had fined Facebook Inc CUS$9 million (US$6.5 million) after an investigation found the social network made "misleading" claims about personal information of Canadians on Facebook and Messenger.

The Federal Aviation Administration said Tuesday it will require Boeing Co and other aircraft manufacturers to adopt new safety management tools in the wake of two fatal Boeing 737 MAX crashes that killed 346 people.

General Motors Co is "almost there" on developing an electric vehicle battery that will last one million miles, a top executive said on Tuesday.

French carmaker Renault has sealed a deal with banks on a 5 billion-euro (US$5.47 billion) state-guaranteed loan to help the company to cope with the coronavirus outbreak, two sources close to the matter told Reuters on Tuesday.

WASHINGTON: Federal Reserve Chair Jerome Powell and Treasury Secretary Steven Mnuchin found themselves in the hot seat on Tuesday (May 19) as US lawmakers grilled them about the uneven nature of the fiscal response to the fallout from the coronavirus pandemic. Powell and Mnuchin were testifying to ...

BEIJING: Luckin Coffee, a Starbucks competitor in China, said on Tuesday (May 19) it has been asked by NASDAQ to delist from the US stock exchange following a massive fraud scandal that has shaken the company. The announcement comes almost exactly a year after Luckin Coffee made a stunning...

JPMorgan Chase & Co shareholders voted to reelect each of the bank's board members, with each director receiving at least 84per cent of the shares voted, according to initial tallies.

Microsoft Corp said on Tuesday it plans to roll out a version of its cloud-based software that will be modified to suit the needs of healthcare organizations.

Exxon Mobil has relaunched the sale of its stake in Azerbaijan's largest oilfield, the company said on Tuesday, as banking and industry sources said the move was drawing interest from large Asian oil and gas companies seeking to capitalize on the recent collapse in oil prices.