Business

Petco, the pet store chain, went public again Thursday, hoping to cash in on people's obsessions with their furry pets.

Shares of Poshmark Inc soared more than 130% in their stock market debut on Thursday, valuing the online fashion marketplace at $7.15 billion, highlighting investor optimism for online shopping that has surged during the COVID19 pandemic.

French carmaker Renault pledged to slim down and focus more on technology as its new CEO laid out plans to revive a business hammered by management turmoil and the COVID19 crisis.

Singapore Airlines has raised $500 million in its first U.S. dollar bond issue, which the company will use to buy new aircraft as the global aviation industry prepares for a postpandemic travel rebound.

Beauty retailer Sephora plans to increase the diversity in its product offerings and offer more inclusive marketing as part of a widereaching plan to combat racially biased experiences and unfair treatment for its customers.

Emirates expects its full fleet of Airbus A380s and Boeing 777s to be in use by the end of the year as the rollout of coronavirus vaccines renews confidence in travel.

Wall Street's main indexes were set to open lower on Wednesday as investors digested a recent rally to record highs on bets of a snapback in economic activity fueled by more fiscal stimulus and vaccine rollouts.

Target Corp reported a 17.2% rise in comparable sales for the holiday season on Wednesday as online sales more than doubled, thanks to faster deliveries and higher demand for home goods, electronics and beauty products.

China's vehicle sales fell for a third consecutive year in 2020, but yearonyear sales rose for a ninth straight month in December as the country continued to lead the global automobile industry's recovery from the COVID19 pandemic.

Asian stocks rose on Wednesday, tracking modest Wall Street gains, as expectations that a vaccine will eventually win the battle against the coronavirus fuelled recovery hopes, while tight supply expectations pushed oil prices to a oneyear high.

A group of leading investors on Wednesday called for an end to a crisis involving hundreds of thousands of seafarers stuck on ships for many months due to COVID19, warning that the situation was creating bigger risks every day.

Lawyers for Huawei Chief Financial Officer Meng Wanzhou argued in a court on Tuesday to let her leave home without the security detail that was a condition of her bail since she was released after her December 2018 arrest.

Oil prices slipped on Tuesday as investors remained concerned about climbing coronavirus cases globally, but expectations of a drawdown in crude oil inventory in the United States for a fifth straight week kept losses in check.

Every January, huge crowds descend on Las Vegas for the CES gadget show, an extravaganza of tech and glitz intended to set the tone for the coming year in consumer technology. CES kicks off this week, but thanks to the pandemic, it will be in a radical ne...

Investor morale in the euro zone rose more than expected in January, hitting its highest level since February due to growing confidence about a successful vaccination strategy to tackle the coronavirus pandemic, a survey showed on Monday.

Gold on Monday bounced off a sixweek trough as a rally in equities stalled, though gains were capped by a stronger dollar and higher U.S. Treasury yields.