Business

Spanish lenders Bankia and Caixabank called board meetings for Thursday to approve the terms of a proposed merger after reaching an agreement in principle on the deal, one source with direct knowledge of the matter told Reuters.

L&T Technology Services (LTTS) on Wednesday announced a partnership with UK-based Cloud, connectivity and communications services provider, Exponential-e to jointly offer workplace transformation solutions to customers working in the post-COVID environm...

Mumbai, Maharashtra, India (NewsVoir) SCOTT Sports launches the SCOTT Spark series in India, starting at INR 3,69,900/-. Increase in demand for performance-oriented premium bikes in the price range of 2 lacs to 10 lacs..

A year from now the United States may have emerged from the economic hole dug during the pandemic with growth smartly above its previous trend and output largely recovered.

Kohl's, whose sales have been hurt by the pandemic, said Tuesday that it will cut 15% of its office workers to save money.

German airline Lufthansa could cut its fleet by 130 planes in response to the coronavirus crisis, two people familiar with the matter said.

Toyota Motor Corp said on Tuesday it will focus on fully utilising production capacity at its plants in India, after a report that it would halt expansion due to high taxes.

The World Trade Organization ruled on Tuesday that tariffs imposed by the United States on more than $200 billion of Chinese products in 2018 were inconsistent with global trading rules.

As per the 'Global House Price Index Q2 2020', housing prices in India declined 1.9 per cent year-on-year (YoY).

The International Energy Agency (IEA) trimmed its 2020 oil demand forecast on Tuesday, citing caution about the pace of economic recovery from the pandemic.

H&M , the world's secondbiggest fashion retailer, reported a better than expected preliminary quarterly profit before tax of around 2 billion crowns ($229 million) as it recovered quickly from a coronavirusinduced slump.

Peugeot maker PSA and Fiat Chrysler (FCA) said on Monday they had restructured the terms of their planned merger to conserve cash, and also stepped up the promised levels of cost cutting during the continuing pandemic.

Washington, Sep 14 (AP) Automaker Daimler AG and subsidiary Mercedes-Benz USA have agreed to pay USD 1.5 billion to the US government and California state regulators to resolve emissions cheating allegations, officials said Monday. The US Department of...

French Finance Minister Bruno Le Maire said Foreign Minister JeanYves Le Drian was within his rights to ask LVMH to postpone a takeover of U.S. jeweler Tiffany, an intervention that threatens to derail the deal.

Persistent damage to the global economy from the coronavirus pandemic will hollow out demand for oil more than previously thought, major industry figures said on Monday.

Eight years ago, as the United States struggled through the aftermath of a deep recession, the Federal Reserve set an unemployment rate it felt would be a good benchmark to show the economy was getting back to normal.