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03 Mar

Grab shares crash as revenue plunges on promotions, driver incentives

Shares in Grab Holdings Ltd tumbled 37% on Thursday after Southeast Asia's no. 1 ride-hailing and food delivery firm posted a wider quarterly loss and a worse-than-expected drop in revenue, hit by promotional offers and higher driver incentives.

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03 Mar

Japan's Jan jobless rate rises, job availability hits 21-month-high

Japan's jobless rate rose to 2.8% and a gauge of job availability grew to a 21-month-high in January, government data showed on Friday.

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03 Mar

JPMorgan: Shock to Russian GDP will be akin to 1998 crisis

JPMorgan said on Thursday it expected Russia's economy to contract 35% in the second quarter and 7% in 2022 with the economy suffering an economic output decline comparable to the 1998 crisis.

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03 Mar

Wall Street ends lower as war in Ukraine stirs uncertainty

Wall Street ended lower on Thursday, with growth stocks including Tesla and Amazon losing ground as the Ukraine crisis kept investors on edge.

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03 Mar

Ben & Jerry's is sued by Israeli ice cream maker over boycott

Ben & Jerry's was sued on Thursday by its longtime Israeli ice cream manufacturer, which said the company illegally severed their 34-year relationship after halting sales in Israeli-occupied Palestinian territories.

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03 Mar

Sabre, Amadeus pull Russia's Aeroflot from ticket-booking systems

Travel booking software provider Sabre Corp said on Thursday it has terminated its distribution agreement with Aeroflot, hurting the Russian flag carrier's ability to sell tickets.

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03 Mar

Wall Street mixed as Russia's war on Ukraine stirs uncertainty

Wall Street's main indexes struggled for direction on Thursday, with growth stocks including Tesla and Advanced Micro Devices losing ground as the Ukraine crisis kept investors on edge.

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  • China receives US equipment to make advanced chips despite new rules-report
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