Business

General Motors Co Chief Executive Mary Barra said Thursday the automaker will boost capital spending over the next three years to speed development of electric vehicles, funded by expanded production of highprofit pickup trucks in North America.

Germany's Commerzbank swung to a thirdquarter loss, it said on Thursday, as it dealt with fallout from the coronavirus crisis and continued a restructuring programme.

The Australian government has agreed to purchase two more COVID19 vaccines in development, beefing up the country's prospective arsenal against the pandemic to 135 million doses as it aims to complete a mass inoculation programme within months.

Stocks closed solidly higher on Wall Street Wednesday, led by big gains in technology and health care companies.

The U.S. gambling industry won big at the polls Tuesday, with three states authorizing legal sports betting and three others either approving or expanding casino gambling.

Wall Street's main indexes opened higher on Wednesday as the race for the White House went down to the wire, although investors remained worried about the prospect of a contested result.

The U.S. services sector, where most Americans work, registered its fifth consecutive month of expansion in October.

Gold prices fell on Wednesday as the dollar firmed after early results from the U.S. presidential election showed the race was tighter than expected, with President Donald Trump winning in Florida and leading in a few other battleground states.

Share markets swung between losses and gains in wild Asian trading on Wednesday as results from the U.S. presidential election proved far closer than polls had predicted, leaving the outcome utterly in doubt.

Traders are looking at the contest largely through the prism of the election's impact on the US response to the pandemic, particularly the possibility that a political rebalancing could get Congress and the White House to agree on a new economic stimulus...

Retail investors have been a growing force in 2020, exploding in numbers during lockdowns and helping fuel the rebound in stocks from pandemicdriven lows. Now, as electionrelated volatility spikes, this new cohort sees opportunities.

Germany failed to do enough to avert the Wirecard fraud, the European Union's markets watchdog said on Tuesday as it delivered a highly critical verdict on the country’s handling of its biggest postwar corporate scam.

Singapore will stop printing S$1,000 banknotes from Jan. 1 next year, its central bank said on Tuesday, to curb the risk of them being used for money laundering and to finance terrorism.

Nielsen Holdings Plc said on Sunday it will sell its consumer goods data unit for $2.7 billion to private equity firm Advent International, as the market research firm narrows its focus to its media arm.

he apex hospitality association has stated that food operators, whether operating from home or from dark kitchens, should be regulated for cleanliness and hygiene, FHRAI said in a statement.

EasyJet is considering options to bolster its finances, and is not against state support to help the airline get through the coronavirus pandemic, chief executive Johan Lundgren said on Saturday.