Business

“Damaging,” “reckless” and “disastrous” are some of the words Joe Biden has used to describe tariffs imposed by Donald Trump on allies and rivals alike.He may keep some in place anyway if he is elected president of the United States in November.

South African economic output shrank 51.0% in the second quarter, its fourth quarterly contraction in a row and its largest on record, as a strict lockdown to curb the spread of the coronavirus shut down most activity, data showed on Tuesday.

The European Union wants to reposition its economy to become more independent from global powers like Asia and the United States in the production of medicines and processors, the chairman of EU leaders Charles Michel said on Tuesday.

Fitch said India recorded one of the sharpest GDP contractions in the world in the April-June quarter, but noted that growth should rebound strongly in the July-September period amid re-opening of the economy. However, there are signs that the recovery ha...

Budweiser beer maker AnheuserBusch InBev has started searching for a replacement for its longserving chief executive Carlos Brito, the Financial Times reported https://www.ft.com/content/101049df27ee4362973eb763a05dd7b6 on Monday.

Nestle has increased the share of recyclable or reusable plastics to package its products to 87%, making progress towards its 100% goal by 2025, and gave examples of innovation to cut plastic waste in a media briefing on Monday.

Abu Dhabi's Etihad Airways on Monday said it would cover medical and quarantine costs for passengers if they contract the new coronavirus after travelling on one of its flights.

Indian shares were subdued on Monday, as broader Asian markets were on the defensive after a continued Wall Street selloff in technology stocks, while investors awaited an announcement from debtladen Vodafone Idea Ltd later in the day.

French Foreign Minister JeanYves le Drian said in Sunday it was urgent to reach an agreement on Brexit trade talks and he blamed the stalemate on Britain's attitude.

Coworking major WeWork India expects its revenue to grow by 25 per cent this calendar year as demand for flexible workspace remains strong despite COVID19 pandemic, its CEO Karan Virwani said on Friday. WeWork India, which is owned by Bengalurubased r...

Regulator Sebi has barred as many as 102 entities from the capital markets for up to seven years for indulging in fraudulent and manipulative trading in the shares of Sulabh Engineers and Services Ltd. The ban imposed by Sebi varies from one year to se...

Among one of the founding members, Anuj is a seasoned OYOpreneur and has spent 7+ years building OYO grounds up from one hotel in Gurgaon to over 43,000 hotels across 80 countries and 800+ cities New Delhi, Delhi, India (NewsVoir) OYO Hotels & Homes, th...

World shares slipped from record highs on Friday, and were on course for their worst week in more than two months, while gains in bonds and the dollar were modest as investors waited to see if U.S. jobs data triggers a bigger selloff.

Orders for German industrial goods rose by a weakerthanexpected 2.8% in July, indicating an initial snap back from the coronavirus shock is fading into a slower recovery in Europe's largest economy.

Oil futures dropped on Friday, with prices on both sides of the Atlantic heading for their biggest weekly declines since June, as lacklustre demand and ample fuel supplies offset support from a weaker dollar.

Drugmaker Roche on Friday said it had received Emergency Use Authorization from the U.S. Food and Drug Administration for a test to quickly detect whether a patient has SARSCoV2 or one of two forms of influenza