Business

Consumer goods group Reckitt Benckiser Group is preparing to sell some of its noncore personal care brands, including Veet hair removal cream and Clearasil acne cream, four sources familiar with the matter said on Monday.

Chinese investors are pouring into newlylaunched mutual funds targeting Ant Group's upcoming initial public offering, underscoring strong demand for technology shares at a time when Chinese tech firms are facing increasing U.S. scrutiny.

Privatisation of Bharat Petroleum Corp will unlock value by increasing investment and technology, its chairman told a shareholders meeting on Monday.

Forex traders said investors would look for cues from the first presidential debate between US President Donald Trump and Democratic candidate Joe Biden, set for Tuesday.

The six-member Monetary Policy Committee (MPC) headed by RBI Governor is scheduled to meet for three days starting September 29.

First it was toilet paper. Disinfectant wipes. Beans. Coins. Computers. Now, desks are in short supply because of the coronavirus pandemic.

Passive investors, the backbone of the Nasdaq's rally this year, seem to have lost their nerve, pulling massive amounts of cash in recent days from indextracking technology funds in what many see as an ominous sign for the sector.

Regulator IRDAI has identified LIC, GIC and New India Assurance as domestic systemically important insurers (D-SIIs) and subsequently decided to subject them to enhanced regulatory supervision. The three insurers have also been asked to raise the level...

European governments will pay claims above an agreed limit against AstraZeneca over sideeffects from its potential COVID19 vaccine, under different terms to a deal struck with Sanofi, an EU official told Reuters.

U.S. auto safety regulators on Thursday proposed revising recommendations to increase the number of children age 1 or younger who are transported in rearfacing car seats.

Wall Street rose on hopes of more economic stimulus but the gains were not enough to lift an index of stocks across the globe on Thursday, while the dollar was little changed.

Chinese statebacked investors are considering taking BMW's main Chinese jointventure partner Brilliance private, five people with knowledge of the matter told Reuters, in the latest such deal targeting beaten down Hong Konglisted stocks.

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 to cover Medicare patients' outofpocket costs for its pulmonary arterial hypertension drug Letairis.

Federal Reserve officials on Wednesday doubled down on efforts to convince investors they will keep monetary policy easy for years to allow unemployment to fall, emphasizing that interest rates will stay near zero until inflation gets to 2% and stays ther...

Wells Fargo CEO Charles Scharf is apologizing for comments he made about the difficulty of finding qualified Black executives.

Volkswagen is unveiling a batterypowered sportutility vehicle that is headed for global markets including the United States and China, as the company takes a major step forward in its campaign to make electric cars a massmarket choice.