Business
Iconic New Tower Opens As Pandemic Crushes Manhattan Office Market
One Vanderbilt, the latest supertall skyscraper to grace New York's skyline, opens Monday in a socially distant ribboncutting ceremony as COVID19 leaves offices and the streets of Manhattan largely barren.
Retail Inflation Softens Marginally to 6.69 Percent in August
The retail inflation, mainly taken into account by the RBI to arrive at its policy decisions, has been above the regulator’s comfort level.
Govt Seeks Parliament Nod for Rs 20,000 Crore Capital Infusion in Public Sector Banks
In all, the government has sought Parliament's nod for additional spending of Rs 2.35 lakh crore, which includes a cash outgo of Rs 1.66 lakh crore, primarily to meet expenses for combating the COVID-19 pandemic.
India's Oil Import Bill Declines by Two-third on Fall in International Prices, Says Dharmendra Pradhan
The basket of crude oil India imports had averaged USD 64.31 per barrel in January 2020, which fell to USD 33.36 a barrel in March when the pandemic spread globally.
TikTok Owner Picks Oracle Over Microsoft As US Tech Partner
The owner of TikTok has chosen Oracle over Microsoft as the American tech partner that could help keep the popular video-sharing app running in the U.S., according to a person familiar with the deal who was not authorized to speak publicly about it.
EU, China Sign Food Protection Deal Ahead Of Challenging Summit
The European Union and China signed a deal on Monday to protect each other's exported food and drinks items from feta cheese to Pixian bean paste ahead of challenging discussions on trade, climate change and human rights at an online summit.
Microsoft Says Its Buyout Offer for TikTok Rejected as Deadline Looms for Chinese-owned App
TikTok has been at the center of a diplomatic storm between Washington and Beijing, and President Donald Trump gave Americans a deadline to stop doing business with TikTok's Chinese parent company ByteDance.
Microsoft Says Its Bid To Buy TikTok Has Been Rejected
Microsoft says its bid to buy popular video-sharing app TikTok has been rejected, removing a leading suitor for the Chinese-owned app a week before President Donald Trump promises to follow through with a plan to ban it in the U.S.
Insider Q&A: T-Mobile Pushes Internet For Virtual School
TMobile is pushing to offer internet service to schools that are doing online learning with a program aimed at lowincome students who dont have access. In the U.S., millions of students don't have highspeed internet or computers at home a difficult enoug...
Gold Fields Reviewing Approvals Given At Australian Sites After Rio Tinto Cave Blast
Miner Gold Fields said on Friday it was reviewing the approvals given to each of its Australian sites after Rio Tinto destroyed historically significant Aboriginal rockshelters which led to the resignation of its chief executive.
Tatas Blocking Share Pledge Vindictive, to Cause Irreparable Damages, Says Mistry Group
On September 5, Tata Sons had moved the Supreme Court seeking to restrain the Mistry group from raising capital against their Tata Sons shares.
Global Shares Struggle To Shake Off Bearish Mood
European shares struggled for momentum on Friday as doubts about extra monetary stimulus and political worries ranging from November's U.S. elections to Brexit kept investors on edge.
Hyundai Warns Owners To Park Outside, Recalls 180,000 SUVs
For the second time this month, Hyundai is telling some SUV owners to park outdoors because an electrical short in a computer could cause vehicles to catch fire.
Special Report: Big Pharma Wages Stealth War On Drug Price Watchdog
As evidence grew this spring that the drug remdesivir was helping COVID19 patients, some Wall Street investors bet on analysts’ estimates that its maker, Gilead Sciences Inc, could charge up to $10,000 for the treatment.
India's August Palm Oil Imports Drop 14% As Virus Hits Demand - Trade Body
India's palm oil imports in August dropped 13.9% from a year earlier to 734,351 tonnes, a leading trade body said on Friday, due to a sluggish recovery in demand from hotels and restaurants as local coronavirus cases continued to rise.
Rio Tinto May Need To Tap Outsider For New Chief
Four years after mining giant Rio Tinto swept out its veteran managers to make way for a new generation of business heads, its leadership team has come unstuck.