FILE – This Feb. 25, 2020, file photo, shows the icon for TikTok in New York. TikTok asked a judge to block the Trump Administrations…
Posts published in “Business”
WASHINGTON: The tax-avoidance strategies that President Donald Trump capitalized on to shrink his tax bill to essentially zero are surprisingly common among major real estate…
The Logo of the steel company ArcelorMittal is pictured in Saint Denis, outside Paris, France, Wednesday, Sept. 13, 2017. Cleveland-Cliffs is making its second billion-dollar…
The government has now made it mandatory for traders to register themselves with the Steel Import Monitoring System (SIMS) to import all iron and steel…
BRUSSELS: The United States is appealing at the World Trade Organization against a ruling that largely favoured Canada in a long-running dispute over lumber, putting…
FILE – In this Tuesday, Aug. 18, 2020, file photo, a person drops applications for mail-in-ballots into a mailbox in Omaha, Neb. Data obtained by…
The government had put on auction 38 coal mines for commercial mining. The coal ministry had revised the list of mines to be auctioned for…
WARSAW, Poland: Poland’s economy could decline less than 3.5% this year even despite the coronavirus pandemic, while next year should see a definite rebound, the…
Image for representation. Farmers in Punjab and Haryana and several other states are protesting against new farm laws which they feel will lead to procurement…
LONDON/FRANKFURT: Consumer goods group Reckitt Benckiser Group is preparing to sell some of its non-core personal care brands, including Veet hair removal cream and Clearasil…
LONDON: The chances of Britain leaving the European Union without a trade deal have risen dramatically in the last three months, according to major investment…
New Delhi: Appellate tribunal NCLAT may reconsider its own judgement passed by a five-member bench on the acceptability of debt entered in the balance sheet…
Representative Image. (Reuters) “Customers are now being targeted on WhatsApp. Don’t let cyber criminals fool you! Please be aware and stay vigilant,” the bank tweeted.…
An employee works inside a garment factory. (Representative Image: Reuters) The rating agency added that if the number for Q1FY21 gets revised down after data…
Image for representation only. It also offers survival benefits. This plan is applicable for a child falling in 0-12 age group. Apart from these benefits,…
Chemcon Speciality Chemicals last week opened its initial public offering for subscription along with Computer Age Management Services (CAMS). The IPO of Chemcon Speciality Chemicals…
LONDON: Aldi will open around 100 supermarkets and invest 1.3 billion pounds ($1.7 billion) in Britain over the next two years, the German firm said…
The Bombay Stock Exchange building is seen from a facade in Mumbai, India, May 16, 2018. REUTERS/Francis Mascarenhas/Files The broader NSE Nifty 50 index <.NSEI>…
Gold eased on Monday as positive economic data from China boosted risk-sentiment, dimming the safe-haven metal’s allure, ahead of the first presidential election debate between…
LONDON: Oil prices fell on Monday as rising coronavirus cases spur concern about demand, with the main crude benchmarks on track for their first monthly…
Interest in sustainable investing is soaring, as more people become convinced that making a positive impact can be profitable as well as good for the…
LONDON: Uber can keep operating in London after the ride-hailing company won a court appeal on Monday against the refusal by transit regulators to renew…
Cleveland-Cliffs Inc, the largest U.S. producer of iron ore pellets, has agreed to buy the U.S. assets of the world’s largest steelmaker ArcelorMittal SA for…
LONDON: European shares opened higher on Monday after strong economic data from China helped lift sentiment in the Asian session, but the dollar was in…
London-based spirits maker Diageo said on Monday it has made a strong start to its fiscal year 2021, with its U.S. business performing ahead of…
MUMBAI: The Reserve Bank of India is expected to keep key rates unchanged this week, but may for the first time since February provide guidance…
RIYADH: The G20 leaders summit will be held virtually? ?on Nov. 21-22, Saudi Arabia said on Monday, as the COVID-19 pandemic thwarted Riyadh’s hopes of…
Currency traders watch computer monitors near the screens showing the Korea Composite Stock Price Index (KOSPI), left, and the foreign exchange rate between U.S. dollar…
SYDNEY: Asian markets were powered on Monday by signs China’s economic recovery was gaining momentum with pent-up demand, fiscal stimulus and surprisingly resilient exports boosting…
Cleveland-Cliffs Inc, the largest U.S. producer of iron ore pellets, said on Monday it had agreed to buy the U.S. assets of world’s largest steelmaker…
SHANGHAI: Chinese investors are pouring into newly-launched mutual funds targeting Ant Group’s upcoming initial public offering, underscoring strong demand for technology shares at a time…
Domestic stock market indices extended the early gains and trading at day’s high level with Nifty at 11,200. At 11:39 AM, the Sensex was up…
US President Donald Trump has found himself in a fresh controversy after a report claimed that he has paid a meagre amount or no federal…
ZURICH: Siemens does not see an urgent need for massive acquisitions to build up its size again after floating its turbine business Siemens Energy on…
The Indian rupee advanced 6 paise to 73.55 against the US dollar in opening trade on Monday tracking weak American currency and positive domestic equities.…
Gold prices edged up on Monday as the dollar slipped off a two-month peak hit last week as political uncertainty accelerated ahead of the first…
Nearly eight out of 10 corporate executives have experienced poor mental health during the coronavirus crisis, prompting a number of them to re-evaluate and improve…
India’s leading digital payments platform PhonePe is expanding the mutual fund options and is launching 7 new mutual fund categories that customers can select from.…
NEW YORK: Mornings have been lacking in joy this month for investors seeking returns in U.S. stocks. So far in September, regular-hours trading has featured…
BEIJING: China’s capital called on importers on Monday to shun frozen food from countries suffering from severe novel coronavirus outbreaks after several cases of imported…
Gold edged up on Monday as the dollar slipped off a two-month peak it hit last week, due to caution as political uncertainty built ahead…
Currency traders watch computer monitors near the screens showing the Korea Composite Stock Price Index (KOSPI), left, and the foreign exchange rate between U.S. dollar…
SYDNEY: Chinese stocks drove Asian markets higher on Monday, though sentiment was still cautious ahead of a U.S. Presidential debate and as a spike in…
ArcelorMittal SA, the world’s largest steelmaker, is exploring a deal to merge its U.S. operations with Cleveland-Cliffs Inc, the largest U.S. producer of iron ore…
BEIJING/SHANGHAI: China expects a significant rebound in domestic travel over the upcoming Golden Week holiday after the sector was pummelled by the novel coronavirus for…
WASHINGTON: A New York Times report that President Donald Trump paid just $750 in federal income tax the year he entered the White House and,…
SYDNEY: Asian shares were on the defensive, while oil prices edged lower on Monday as investors were cautious ahead of a U.S. Presidential debate and…
FILE – This Feb. 25, 2020, file photo, shows the icon for TikTok in New York. TikTok asked a judge to block the Trump Administrations…
File photo of Union Minister Nitin Gadkari. (Photo: PTI) “After testing use of H-CNG (18 per cent mix of hydrogen) as compared to neat CNG…
JAKARTA: Indonesia reversed earlier plans to cut severance pay, parliament’s legislative committee said late on Sunday, ahead of the expected passing on Oct. 9 of…
This photo provided by Burson Cohn & Wolfe shows Kathryn Ross. Ross was one of just two Black women in Accentures Miami office when she…
Representative image courtesy the Associated Press. The timely step will help the state agencies start procurement operations immediately, an official statement said. PTI Last Updated:…
Some U.S. stocks could face more volatility next week as President Donald Trump and rival Joe Biden face off in their first debate ahead of…
File photo of Central Vigilance Commission The move comes after the probity watchdog noticed instances wherein some departments/organisations were taking cognisance of anonymous complaints, despite…
NEW DELHI: India’s top power utility NTPC Ltd has sought bids for procuring biomass pellets to fuel its thermal power plants, the government statement said…
New Delhi: India’s mustard seeds production is likely to rise while import of edible oil may reduce on account of the government’s decision to ban…
A security guard’s reflection is seen next to the logo of the Reserve Bank Of India (RBI) at the RBI headquarters in Mumbai. (Image: Reuters)…
A security guard’s reflection is seen next to the logo of the Reserve Bank Of India (RBI) at the RBI headquarters in Mumbai. (Image: Reuters)…
A file photo of the ministry of finance, New Delhi. In 2019-20, the government infused Rs 70,000 crore into PSBs to boost credit for a…
The COVID-19 pandemic has slowed down Swedish furniture retailer IKEA’s expansion plans in India but the company is adjusting to the new reality while continuing…
A worker walks past the logo of Reserve Bank of India (RBI) inside its office in New Delhi, India July 8, 2019. (Image: Reuters/File) The…
Diesel prices continued to dip for the third straight day on Sunday on the back of subdued crude oil prices globally. In the national capital,…
A cashier checks Indian rupee notes inside a room at a fuel station.(Representative image) Only Infosys and HCL Technologies emerged as gainers among the most…
The government has been at the receiving end this past week, from farmers as well as from workers in India’s vast informal sector. It is…
Prime Minister of India Narendra Modi addresses the 74th session of the United Nations General Assembly at UN headquarters in New York, on September 27,…
West Bengal will invest Rs 20,000 crore in the power sector over the next five years, a state minister said on Saturday. The state has…
Franklin Templeton Mutual Fund. The CFMA also asked all investors to file their complaints to the Economic Offence Wing of Chennai Police, so that all…
Photo of Arvind Kumar. (Credits: Ad club Bangalore) On Friday morning, he complained of discomfort and was taken to a private hospital where he breathed…
MOSCOW: Russia expects its oil production to increase after the current OPEC+ deal on output curbs runs its course in April 2022, data from the…
A lobsterman works on the stern of a boat hauling traps near House Island at sunrise, Monday, Sept. 21, 2020, off Portland, Maine. The state’s…
A file photo of the ministry of finance, New Delhi. Time taken in reconciliation of compensation receipts can’t be termed as diversion of GST cess…
[unable to retrieve full-text content]The 61-year-old former billionaire appeared via videolink from Mumbai before the High Court on Friday for compulsory cross-examination in aid of…
File photo of PM Narendra Modi with Sri lankan PM Mahinda Rajapaksa. Sri Lanka owes about $960 million to India and earlier this year India…
Billionaire Mukesh Ambani’s Reliance Industries Ltd (RIL) on Saturday said it has received Rs 7,500 crore from US private equity firm Silver Lake Partners, which…
Image for representation. (Network18 Creatives) The initial date for its roll out was April 1, 2020, but the Centre notified October 1, 2020, as revised…
Trai Drops Probe Against Vodafone Idea After Telco Withdraws Speed Claim, Tweaks Priority Plan Offer
A man speaks on his mobile phone as he walks past logos of Vodafone painted on a roadside wall in Kolkata. (Reuters) Vodafone Idea has…
Valli Arunachalam does not care if she is called ‘unwomanly’. She has been fighting a lone battle against the men in her extended family who run…
PANAMA CITY: The Panama Canal Authority said it won an arbitration ruling on Friday for $265 million to be returned to it from the consortium…
SHANGHAI: China will stop accepting import declarations from two Russian vessels for four weeks, after the coronavirus was detected on the outer packaging and samples…
Security guards wearing masks and armed with restrainers stand guard at the entrance to the Auto China 2020 show in Beijing, China on Saturday, Sept.…
WASHINGTON: About 3,500 U.S. companies, including Tesla Inc , Ford Motor Co , Target Corp , Walgreen Co and Home Depot have sued the Trump…
WASHINGTON: Federal Aviation Administration (FAA) Chief Steve Dickson is set to conduct an evaluation flight at the controls of a Boeing 737 MAX next week,…
LONDON: Turkish policymakers are no strangers to unexpected action when in a tight corner, but analysts said Thursday’s surprise interest rate hike could herald a…
Technology stocks again rode to Wall Street’s rescue on Friday, lifting the main indexes more than 1%, but the Dow and the S&P 500 still…
NEW YORK: Stocks fell 2% around the globe this week and the dollar posted its strongest weekly performance since April as concern over the economic…
Technology stocks again rode to Wall Street’s rescue on Friday, lifting the main indexes more than 1%, but the Dow and the S&P 500 still…
NEW YORK: Stocks that moved heavily or traded substantially Friday: Novavax Inc. (NVAX) The biotechnology company started a key study in the United Kingdom for…
NEW YORK: Oil edged lower on Friday, falling more than 2% on the week as COVID-19 cases surged globally and oil supply is set to…
NEW YORK: Stocks were set to fall more than 2% this week and the dollar was on track for its strongest week since April as…
Vodafone Group Plc said on Friday it had won an international arbitration case against the Indian government. India had claimed a total of 279 billion…
NEW YORK: The Associated Press announced Thursday the start of a joint venture with The Chronicle of Philanthropy and The Conversation that will expand their…
MEMPHIS, Tenn.: As millions of Americans struggle to pay their rent during the coronavirus pandemic, landlords are going to courts, claiming that the national eviction…
In this photo provided by Megan Fry, a desk Fry constructed out of a legless tabletop and bookcases stands in her Indianapolis home on Sept.…
Image for representation. (Twitter/@msnhindi) The capital raising committee of the bank at its meeting held on September 25 passed the resolution and approved the closure…
Business events and economic reports scheduled for the coming month: All times are Eastern. THURSDAY, Oct. 1 WASHINGTON Labor Department releases weekly report on unemployment…
An employee works inside a garment factory. (Representative Image: Reuters) Citing an example, he said earlier the market depended on China and Vietnam for bamboo…
A Delhi court on Friday dismissed the bail application of Shivinder Mohan Singh, the erstwhile promoter of Religare Enterprises Ltd (REL), in an alleged fraud…
New Delhi: India’s economy may experience a record contraction in the current financial year mainly due to the global COVID-19 pandemic, and the real GDP…
Image for representation. An international arbitration tribunal ruled that India’s demand in past taxes were in breach of fair treatment under a bilateral investment protection…
File photo of the Enforcement Directorate. The ED received information that some documents related to the case were forged for the purpose of extortion and…
Representative image REUTERS/Danish Siddiqui The stock jumped 13.60 per cent to close at Rs 10.36 on the BSE. During the day, it zoomed 14.91 per…
BENGALURU/MUMBAI: Physical gold demand limped higher in top Asian hubs this week, with dealers in India easing discounts to the lowest level in six weeks,…
A jawan from the Central Industrial Security Force (CISF) (Image: Reuters) A contingent of 51 armed CISF personnel were inducted at the facility on Friday…
DETROIT: U.S. auto safety regulators are investigating speed sensor problems with Mercedes-Benz Sprinter full-size vans that could cause unwanted acceleration. The probe by the National…
Image used for representation purpose only. The product will be made available at all retail medical outlets and hospital pharmacies across the country and sold…
E-commerce firm Paytm Mall on Friday said its loss narrowed by 60 pc to Rs 479 crore in 2019-20 on account of reduction in assortment…
Equity market investors became richer by Rs 3,52,020.53 crore on Friday as benchmark indices made a strong comeback after falling for almost a week. Snapping…
File photo of FSSAI logo. As per the FSSAI regulations, blending of two edible oils is permitted, provided the proportion by weight of any edible…
FILE – In this Sept. 20, 2019, file photo, Maurine Carter works on the wiring of a stove in LaFayette, Ga. Orders to American factories…
The government on Friday issued a notification operationalising ‘Faceless Income Tax Appeals’ system which seeks to honour honest taxpayers of the country and promote transparency…
London (AP) The European Commission said Friday it is appealing a court decision that Apple doesn’t have to repay 13 billion euros (USD 15 billion)…
Representative image. (Illustration: Shutterstock) Under the campaign, banks were asked to on-board a minimum 100 new customers including merchants and financial inclusion account holders by…
Snapping its six-day falling streak, equity benchmark Sensex rallied 835 points on Friday to reclaim the 37,000-mark on across-the-board buying amid mixed global cues. The…
File photo of former Yes Bank CEO and MD Rana Kapoor. (Reuters) The agency issued a provisional order for attaching the property — Apartment1, 77…
Image for representation. The tribunal ruled that the Indian government’s imposition of tax liability on Vodafone is in breach of the investment treaty agreement between…
Image for representation. The tribunal ruled that the Indian government’s imposition of tax liability on Vodafone is in breach of the investment treaty agreement between…
(Image only for representational purpose) Official data reveal India’s imports from China during the April-August period of the current financial year stood at $21.58 billion-a…
MOSCOW: Iran and Russia’s sovereign wealth fund RDIF are discussing the joint production of a vaccine against COVID-19, Russian news agencies cited the Iranian ambassador…
LONDON: Oil prices edged higher on Friday but were set for a weekly decline due to mounting worries about the impact on fuel demand of…
Gold inched higher on Friday on renewed hopes of more U.S. stimulus measures, though the bullion was on track for its biggest weekly decline in…
Novavax Inc on Thursday started a late-stage trial of its experimental COVID-19 vaccine in the United Kingdom in partnership with the government’s Vaccines Taskforce, sending…
LONDON: British public borrowing surged again in August to a new record high, driven by huge outlays to combat the coronavirus pandemic, with the budget…
Gold prices edged higher on Friday as the dollar retreated and hopes for more U.S. stimulus measures resurfaced, although the precious metal was on track…
LONDON: New York retained the top spot in a survey of global financial centres on Friday, with London strengthening its position in second place just…
TOKYO: Oil prices slipped on Friday and were set for a weekly decline due to mounting worries about the impact on fuel demand of a…
Gold prices steadied on Friday as the dollar retreated and hopes for more U.S. stimulus measures resurfaced, although the precious metal was on track to…
File photo of Finance Minister Nirmala Sitharaman with Prime Minister Narendra Modi. (PTI) The government’s plans for the fresh stimulus measures may involve a bigger…
BRUSSELS: European governments will pay claims above an agreed limit against AstraZeneca over side-effects from its potential COVID-19 vaccine, under different terms to a deal…
SINGAPORE: Singapore’s industrial output rose 13.7% year-on-year in August, beating economists’ expectations, buoyed by a 44.2% jump in electronics production, official data showed on Friday.…
BEIJING: When 32-year-old photographer Jaco Xu needed a run-around car for work in the eastern city of Hangzhou, the price tag on the latest micro…
Gold price on Friday moved up by Rs 10, reaching Rs 49,410 per 10 gram. On Thursday, 24-carat gold stood at Rs 49,400 per 10…
The CAG released its report on Wednesday. In its report on the accounts of the Union government, tabled on Wednesday, CAG said that the short-crediting…
WASHINGTON: U.S. auto safety regulators on Thursday proposed revising recommendations to increase the number of children age 1 or younger who are transported in rear-facing…
SHANGHAI/NEW YORK: Asian shares rose on Friday after robust U.S. housing data supported a late tech-driven rally on Wall Street, with investors picking up the…
WASHINGTON/TOKYO: G7 finance ministers are expected on Friday to signal their support for extending a debt relief programme aimed at helping the poorest countries weather…
WASHINGTON: BMW AG and two U.S. subsidiaries agreed Thursday to pay an $18 million (£14.1 million) U.S. fine to resolve accusations that they disclosed misleading…
Wall Street rallied in a rocky session on Thursday as beaten-down technology shares gained favor after data showing a surge in the sale of new…
TOKYO: Oil prices were little changed on Friday but on track for a weekly fall on concerns that a global resurgence of COVID-19 infections will…
TOKYO: The U.S. dollar dipped from a two-month peak early on Friday as renewed hopes of U.S. stimulus eased investors’ concerns about economic recovery, while…
NEW YORK: Asian stocks were set to open higher on Friday as a late Wall Street rally supported global sentiment although weak U.S. data and…
BEIJING: China’s electric vehicle startups are on the charge again, thanks to Tesla. The country’s growing fascination with the U.S. pioneer’s sleek designs and cutting-edge…
LONDON: Facebook Inc on Thursday said it had dismantled three networks of fake accounts which could be used by Russia’s intelligence services to leak hacked…
The sign for Tyler Technologies is seen outside the company’s offices, Thursday, Sept. 24, 2020, in Plano, Texas. The major U.S. provider of software services…
DETROIT: BMW will pay an $18 million fine to settle allegations that it inflated its U.S. monthly sales numbers for five straight years. The Securities…
NEW YORK: Amazon wants to be able to answer the nagging question: Did I leave the stove on? The company unveiled a flying home camera…
NEW YORK: Stocks that moved heavily or traded substantially Thursday: Owens & Minor Inc., up $6.52 to $20.31. The medical supplies distributor raised its profit…
New Delhi, Sep 24: US technology firm Amazon on Thursday announced a new version of artificial intelligence-based Echo speakers in the price range of Rs…
Domestic stock market indices ended nearly 3 percent lower on Thursday following a global selloff in stocks as fears of fresh pandemic restrictions kept domestic…
The government has constituted five task forces to make India’s micro, small and medium enterprises future-ready and formulate a concrete strategy towards making the country…
Treasury Secretary Steve Mnuchin testifies during the Senate’s Committee on Banking, Housing, and Urban Affairs hearing examining the quarterly CARES Act report to Congress on…
File photo of Indian and US flags. Earlier this month, Union Commerce Minister Piyush Goyal had said that India has given a “very good and…
WASHINGTON: The U.S. Justice Department is expected to file a lawsuit against Alphabet’s Google as soon as next week, kicking off a long legal slog…
Representative image. (Photo: Getty Images) The technology vision document, which was formalised after obtaining inputs from various stakeholders, is aimed at enhancing the cybersecurity posture…
FILE – In this March 16, 2020 file photo, a United States flag is reflected in the window of the Nasdaq studio in Times Square,…
File photo of NITI Aayog CEO Amitabh Kant. Kant said the Pradhan Mantri Jan Arogya Yojana, which is a digital, portable and cashless health insurance…
About 65 per cent people polled in a survey have said that the COVID-19 pandemic and ensuing lockdowns hit their income and 56 per cent…
FILE – In this July 5, 2015, file photo, a man uses the dating app Tinder in New Delhi. Spotify and the makers of Fortnite…
FILE – In this July 21, 2020, file photo, a homeowner tours his new home, in Washingtonville, N.Y. U.S. average rates on long-term mortgages fell…
Representative photo. (Image: Reuters) These states are Andhra Pradesh, Telangana, Goa, Karnataka and Tripura. PTI Last Updated: September 24, 2020, 7:26 PM IST FOLLOW US…
BRUSSELS: The European Commission launched an investigation on Thursday into imports of optical fibre cable from China, which EU manufacturers believe are being sold in…
This is the sign on a Rite Aid Pharmacy in Pittsburgh, Pa., Tuesday, April 14, 2020. Rite Aid topped Wall Street expectations for the fiscal…
One of India’s oldest Asset Management Company, UTI AMC is set to launch its first initial public offering (IPO) that will open for public subscription…
WASHINGTON: The number of Americans filing new claims for unemployment benefits unexpectedly increased last week, supporting views the economic recovery from the COVID-19 pandemic was…
Coal India Floats Rs 4,970 Crore Tenders for Construction of East-west Rail Corridor in Chhattisgarh
Representative image. (Reuters) The railway line on completion will have capacity to evacuate 65 million tonnes (MT) of coal from the opencast mines of CIL…
TOKYO: Toshiba Corp’s top investor has called for an investigation of a botched meeting in July at which it says several shareholders were deprived of…
A man reacts as he looks at a screen displaying the Sensex results on the facade of the Bombay Stock Exchange (BSE) building in Mumbai.…
FILE – In this Aug. 7, 2020, file photo, women wearing masks to prevent the spread of the coronavirus chat as they pass by the…
Gold dropped to a more than two-month low on Thursday, weakened by a robust dollar and as analysts said the lack of additional stimulus measures…
Long time exposure photo shows a cargo ship on the river Main with the buildings of the banking district in background in Frankfurt, Germany, Sunday,…
An India Rupee note is seen in this illustration photo. (Reuters) During the session, the local unit witnessed an intra-day high of 73.75 and a…
Vaccine tycoon Zhong Shanshan has become China’s wealthiest and Asia’s second-richest person on Wednesday after his wealth overtook that of Jack Ma. Popularly known as…
A currency trader walks by screens showing foreign exchange rates at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South…
CAIRO: Iraq’s oil ministry on Thursday denied a media report citing Oil Minister Ihsan Abdul Jabbar as saying an agreement was imminent with the OPEC+…
LONDON: Britain’s finance minister will announce more job protection plans on Thursday, likely to include a new wage subsidy scheme, to stem unemployment in the…
FRANKFURT: AstraZeneca is still waiting for the go-ahead from the U.S. drug regulator to restart the clinical trial of its potential COVID-19 vaccine in the…
MOSCOW: Russia’s sovereign wealth fund and its partner Chemrar will supply the COVID-19 drug Avifavir to 17 additional countries, the fund said in a statement…
TOKYO: Japan’s Mitsubishi UFJ Lease said on Thursday it would buy smaller rival Hitachi Capital Corp in a deal calculated at 294 billion yen ($2.8…
A firmer dollar makes bullion more expensive for holders of other currencies. (Representative Image) As the gold prices jump by Rs 10 per 10 grams…
MELBOURNE/SINGAPORE: Oil prices dropped on Thursday, weighed down by concerns that U.S. economic recovery is slowing as the coronavirus outbreak lingers, while a renewed wave…
Gold fell on Thursday to its lowest level in more than two months, crippled by a robust dollar, while investors fretted over uncertainties surrounding further…
Bombay stock exchange. (Image for representation) Exchange data showed that foreign institutional investors sold equities worth Rs 3,912.44 crore on a net basis on Wednesday.…
Global Labour Income Estimated to Have Declined by 3.5 Trillion USD in First 3 Quarters of 2020: ILO
A labourer stands at a construction site after few restrictions were lifted by Delhi government, during an extended nationwide lockdown to slow the spread of…
HONG KONG/SHANGHAI: State-backed investors are considering taking BMW’s main Chinese joint-venture partner Brilliance private, five people with knowledge of the matter told Reuters, in the…
U.S. office-sharing firm WeWork on Thursday said it will sell control of its China division to one of its investors – private equity firm Trustbridge…
BEIJING: The first event for the CEO of Swedish electric car brand Polestar at this months Beijing auto show: A two-week quarantine in a hotel.…
JPMorgan Chase & Co is set to pay nearly $1 billion (£786 million) to resolve market manipulation investigations by U.S. authorities into its trading of…
SHANGHAI/NEW YORK: Asian shares fell on Thursday following a slump on Wall Street overnight, as a series of warnings from U.S. Federal Reserve officials underscored…
WASHINGTON: The coronavirus crisis is lasting longer than expected and it will take some countries years to return to growth, the No. 2 official at…
WASHINGTON: Gilead Sciences Inc has agreed to pay $97 million to resolve U.S. government claims it used a purportedly independent charity to pay illegal kickbacks…
SAN FRANCISCO: Tyler Technologies , whose products are used by U.S. states and counties to share election data, said on Wednesday that an unknown party…
TOKYO: The dollar extended gains against most currencies on Thursday as signs of economic slowdown in Europe and the United States renewed concern about a…
NEW YORK: Asian stocks opened lower on Thursday, tracking a sharply lower Wall Street session amid fresh concerns that the global economic recovery is running…
BERLIN/BRASILIA: Germany’s Volkswagen will pay about 36 million reais (£5.1 million) in compensation and donations to atone for the persecution of former employees during Brazil’s…
WASHINGTON: President Donald Trump on Wednesday banned U.S. citizens from bringing home rum or cigars from Cuba and from staying at Cuban government-owned hotels, as…
NEW YORK: Chinese-owned TikTok asked a judge to block the Trump Administration’s attempt to ban its app, suggesting the video-sharing app’s forced deal with Oracle…
Shares of private-equity-backed GoodRx Holdings Inc surged 40% in their debut on the Nasdaq on Wednesday after the online prescription drug platform raised $1.14 billion…
NEW YORK: Shares dipped and the dollar ticked up near two-month highs on Wednesday as data reaffirmed lingering concerns that new restrictions to counter coronavirus…
NEW YORK: Oil prices edged higher on Wednesday, supported by U.S. government data that showed crude and fuel inventories dropped last week, though concerns about…
WASHINGTON: Hoping to convince investors they will keep monetary policy super easy for years, two Federal Reserve officials on Wednesday explicitly pledged no rate hikes…
NEW YORK: Stocks that moved heavily or traded substantially Wednesday: 3M Co., down $2.83 to $159.51. The maker of adhesives and protective equipment is considering…