Credit Suisse said Tuesday that it had taken a $4.7 billion hit from its links to troubled hedge fund Archegos Capital Management, cut dividends and announced the departure of two senior executives.

Wall Street stocks jumped early Monday on optimism about the US economic recovery as the employment outlook improves amid an accelerating vaccination campaign.

The U.S. Supreme Court on Monday gave Google a major win in a long-running copyright battle with Oracle, ruling that the use of the Java programming language for the Android mobile operating system was "fair use."

Activity in the U.S. services sector hit an all-time high in March as more corners of the economy saw a sudden uptick after months of coronavirus restrictions, a report said Monday.

LG Electronics, South Korea's second-largest appliance firm after Samsung, is closing down its mobile phone business, the company said Monday, after the division lost billions in recent years.

Tokyo's Nikkei led a rally in holiday-thinned trade in Asia on Friday following a record-breaking day on Wall Street with investors buoyed by Joe Biden's huge new infrastructure spending plan and growing optimism over the economic recovery.

President Michel Aoun on Thursday met in Baabda with a visiting Iraqi delegation led by Health and Environment Minister Hassan al-Tamimi.

“We appreciate Iraq’s approval of Lebanon’s request to be supplied with raw oil in return for medical services,” Aoun said during the meeting.

Factory activity in China picked up in March, official data showed, as the country's economic recovery broadened after the Lunar New Year holiday.

German car giant Volkswagen voiced regret Wednesday over a publicity stunt that duped major media outlets and was criticized by AFP as a "breach of trust".

Global trade is set to grow by eight percent in 2021, the World Trade Organization said Wednesday, stressing that the route out of the Covid-19 crisis rested on the rapid rollout of vaccines.