Business

World stocks will probably tread water for a year, according to Citi strategists, who recommend a more defensive portfolio in the face of the fallout from the coronavirus pandemic.

Browsing online during lockdown, Jessica Friend spotted a pair of Ray-Ban sunglasses she liked, but the price tag made the 30-year-old Ohio resident think twice.

Britain will offer its largest ever expansion of traineeships, its finance ministry said on Sunday, ahead of a highly-anticipated update due later in the week on the government's support for the economy through the coronavirus crisis.

Ride-sharing company Uber Technologies Inc has agreed on a deal to buy food-delivery app Postmates Inc in a $2.65 billion all-stock agreement, Bloomberg News reported https://bloom.bg/2Z0TVcd late Sunday, citing people familiar with the matter.

Japan's Fujitsu Ltd said on Monday it would halve its office space in three years as it rewrites the way employees work under a "new normal" amid the coronavirus pandemic.

British new car registrations fell by a third on an annual basis in June when many dealerships reopened after COVID-19 lockdown measures were lifted, according to preliminary data from an industry body, a smaller drop than in March, April and May.