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Business 19 Jul 2014 | 6:46 AM

GE's US$3bil credit card IPO pegged to US consumer recovery

NEW YORK: The success of General Electric Co's impending initial public offering for its private-label credit card unit could ride on investors' willingness to bet that a lukewarm consumer-led U.S. economic recovery heats up.

Apple 11 Sep 2014 | 11:41 AM

Apple payments service may boost sales of larger iPhones

The addition of a mobile payments service to Apple Inc's next iPhone could help to boost sales of the larger-screen phones and claw back market share lost to mobiles running on Google Inc's Android platform.

Business 28 Dec 2014 | 10:17 PM

Trade-weighted euro may be set for shock upswing in 2015

LONDON: While investors are betting the euro will fall against the dollar next year, hopes that the European economy will therefore get a boost could be premature: it may not depreciate at all against currencies of other major trading partners.

Business 27 Dec 2014 | 7:00 AM

Wall Street Week Ahead: Big questions for markets for 2015; Will Apple hit US$1tril?

NEW YORK: Wall Street was generally calmer in 2014 than in previous years, but that doesn't mean the stock market was devoid of drama.

Business 10 Mar 2015 | 6:56 AM

Alcoa to buy titanium supplier RTI to boost aerospace business

CHICAGO: Alcoa Inc agreed to pay US$1.3 billion to acquire titanium supplier RTI International Metals Inc, the metals company's latest investment in more profitable products for the aerospace and automotive industries.

Business 31 Mar 2015 | 6:46 AM

United Health to buy pharmacy benefit firm Catamaran for US$12.8bil

NEW YORK: Health insurer UnitedHealth Group Inc agreed to buy Catamaran Corp in a deal worth about $12.8 billion to boost its pharmacy benefit business as it competes with bigger rivals such as Express Scripts Holdings Co.

Business 11 Mar 2015 | 5:44 PM

Euro sinks to 12 year lows as yield gap grows

LONDON: The euro dived to its lowest since early 2003 against the dollar on Wednesday, dragging other European currencies with it on the back of the huge differences developing in market interest rates between Europe and the United States.

Business 26 Jun 2015 | 10:17 PM

US stocks mixed as consumer data eases Greece worries

NEW YORK: US stocks were mixed in late morning trading on Friday as better-than-expected consumer confidence data brought some relief to investors concerned about a possible debt default by Greece.

TECH 21 Jul 2015 | 9:00 AM

Apple Watch could need time

Is Apple Watch a dud?

Business 09 Jul 2015 | 11:21 PM

Wall St rallies as Chinese stocks recover

NEW YORK: US stocks rose on Thursday as trading returned to normal at the New York Stock Exchange and Beijing’s efforts to halt a rout in Chinese stocks lifted markets around the world.