Business

Jane Fraser, 53, has been a rising star in the financial industry, with a career spanning investment banking, wealth management, troubled mortgage workouts and strategy in Latin America – a key business for Citigroup.

Oil prices fell on Thursday after data showed U.S. crude stockpiles rose last week and the U.S. Energy Information Administration (EIA) lowered its demand outlook.

AstraZeneca's should still know before the end of the year whether its experimental vaccine protects people against COVID19, the drugmaker's chief executive Pascal Soriot said on Thursday, as long as it can resume trials soon.

Oil prices dipped on Thursday after data showed U.S. crude stockpiles rose last week and the U.S. Energy Information Administration (EIA) downgraded its oil demand outlook, although the Brent benchmark stayed above $40 a barrel.

AstraZeneca Plc said on Thursday its asthma treatment for a chronic inflammatory disease of the nasal passage linings, or sinuses, met main goals in a latestage study.

Mediaset was ready to discuss ideas to develop its business with France's Vivendi, a top executive at the Italian broadcaster said on Wednesday, a sign that an end may be in sight to a dispute with its second largest investor.

Oil futures on Wednesday clawed back some of the losses they sustained in the previous session, but a rebound in COVID19 cases in some countries undermined hopes for a steady recovery in global demand.

Gold firmed on Wednesday on lingering uncertainties stemming from the coronavirus pandemic, but gains were limited as the dollar too gained from safehaven inflows driven by worries about a delay in the development of a vaccine.

This includes personal income tax (PIT) refunds amounting to Rs 30,768 crore issued to 25.83 lakh taxpayers and corporate tax refunds amounting to Rs 70,540 crore issued to over 1.71 lakh taxpayers during this period.

Asian shares fell on Wednesday and oil prices hit lows not seen since June after a rout in technology shares sank Wall Street for a third consecutive day and a major drugmaker delayed testing of a coronavirus vaccine.

Britain will set out new details of its blueprint for life outside the European Union on Wednesday, publishing legislation a government minister acknowledged would break international law in a "limited way" and which could sour trade talks.

Britain's Northern Ireland minister said on Tuesday that proposed legislation for Britain's internal market which the EU fears could undermine the Brexit divorce deal would break international law "in a limited way".

Confidence in using public transport is holding back bankers from returning to their offices, the City of London's leader said on Tuesday.

The Nasdaq tumbled on Tuesday as investors dumped highflying technology stocks, while Tesla tracked its worst day in nearly six months after a surprise exclusion from the S&P 500.

The United States on Tuesday will move to block imports of cotton and tomato products from western China's Xinjiang region over allegations that they are produced with forced labor, officials with U.S. Customs and Border Protection told Reuters.

The Nasdaq was set to open sharply lower on Tuesday as investors sold off shares of Tesla and other tech heavyweights after a long weekend, while simmering U.S.China tensions and concerns over a rocky economic rebound also weighed on sentiment.