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Thai Airways cuts 240 exec positions as part of bankruptcy restructuring

"The number of executive positions has been reduced from 740 to about 500," the airline said in a statement

WhatsApp to move ahead with controversial privacy update despite backlash

The messaging platform laid out fresh terms in January, aimed at increasing business transactions on the platform

Canada says Trump interference in Huawei's Meng extradition case 'moot'

Meng is facing charges of bank fraud in the United States over misleading HSBC about Huawei's business dealings in Iran, causing the bank to violate U.S. sanctions

Asian stocks step back from record highs on rising bond yield, weak US data

MSCI's broadest index of Asia Pacific shares outside of Japan was last down 0.1per cent at 733.67 from a record high of 745.89 touched on Thursday

FB, Google, Twitter CEOs to testify about misinformation before US Congress

This will be the seventh time Zuckerberg has testified before Congress since 2018

Dollar snaps two-day winning streak, bitcoin hovers near record highs

By Stephen Culp

Facebook 'unfriends' Australia in warning for rest of the world

Govt hits out at tech giant after emergency sites blocked over decision on proposed media law

GameStop frenzy sparks wave of investor interest in stock-trading apps

GameStop frenzy sparks wave of investor interest in stock-trading apps

Hedge funds, Robinhood face grilling by US Cong over GameStop Reddit rally

The Reddit rally drove massive volatility in GameStop and other shares, prompting the post-trade "clearing" houses that guarantee trades to call for billions of dollars in extra collateral from Robinh

Switzerland's monthly gold exports to India hit highest since May 2019

ndia and China are the world's two biggest gold consumers

Brent crude oil prices give up gains after rising above $65 on Texas freeze

U.S. West Texas Intermediate (WTI) crude futures rose 5 cents to $61.19 a barrel, after earlier reaching $62.26, the highest since Jan. 8, 2020

Nissan plans more UK investment as it rolls out green technology

Nissan said in January it would source more batteries in Britain as a result, and on Thursday its Europe boss Gianlucca de Fichy told reporters it planned further investment

Thyssenkrupp ends talks with Britain's Liberty on steel unit sale

The move comes after Sweden's SSAB last month abandoned plans to buy the Dutch operations of India's Tata Steel

Market mayhem: How were more than 100% of Gamestop shares be shorted?

Short sellers borrow shares from brokers and then sell them into the market, with the agreement that they will buy the shares back and return them to the lender at an agreed upon time.

Facebook shares dip as Wall Street ponders Australia news fallout

Along with Google owner Alphabet, it now controls more than half of the digital advertising markets globally

Ford puts projects with M&M on hold as it reassesses India strategy: Report

The two other sources said they expect Ford to make a decision in about a month on whether to proceed with Mahindra in a different form or not

Wall Street slips at open on gloomy jobless claims data, tech slide

The Dow Jones Industrial Average fell 54.4 points, or 0.17%, at the open

Debt-laden world, rising bond yields: a toxic taper tantrum combo

Global debt today stands at $281 trillion

Airbus axes dividend for second year, forecast disappoints after 2020 loss

The company's decision to restore key business targets is the latest evidence of a tentative return towards normal after the pandemic, which has severely hurt air travel

India's inflation target band up for review: Finance minister Sitharaman

The current inflation target band is at 2%-6%