Business
U.S. Job Growth Seen Slowing In August, Unemployment Rate Falling Below 10%
U.S. job growth likely slowed further in August as financial assistance from the government ran out, threatening the economy's recovery from the COVID19 recession.
How Major US Stock Indexes Fared Thursday
Stocks fell sharply on Wall Street Thursday as high-flying technology companies took a tumble after months of spectacular gains.
Exclusive: UK Trade Minister Reverses Decision To Remove Think Tank Meetings From Public Register
British trade minister Liz Truss has reversed a decision to remove meetings she held with an influential freemarket think tank from the public record, a move the opposition Labour Party said raised questions about lobbying in government.
Fed's Evans Calls For More Fiscal Aid, Signals Further Monetary Easing
The head of the Chicago Federal Reserve on Thursday called on Congress to deliver more fiscal aid and signaled U.S. monetary policy would be eased further and interest rates kept at ultralow levels for years to help the economy recover its prepandemic str...
Most Indian Customers Could Consider Buying EV By 2022: Study
Most consumers in India would consider buying an electric vehicle by 2022, but most of them also believe that it won't be until 2025 that the majority of new cars purchased are electric, according to a study by lubricants major Castrol. The study found...
Tata Power Bags Rs 490 Cr Order For 2 Pinaka Regiments
Tata Power on Thursday said it has bagged an order worth Rs 490 crore from the Ministry of Defence to supply two Pinaka regiments. Pinaka regiment isa system of rocket launchers.
Essential Commodities Fuel Retail Revival, Avg. Bill Value Up 1.5X Over Pre-COVID-19 - ANAROCK-RAI Report
Mumbai, Maharashtra, India (NewsVoir) Median basket value now at >INR 900/basket against INR 650 in early March Essentials like Food & Grocery, Apparel, FMCD & Electronics, Furniture & Furnishings and QSR to see V-shaped recovery within 2-3 quart...
After Tesla's Fart Mode, Mercedes Bets On Comfort To Blow Customers Away
MercedesBenz engineers are striving to meet every definition of comfort in the new SClass sedan as they try to steal a march on rival Tesla, which wowed audiences with its "fart mode."
Germany Raises 6.5 Billion Euros From First-ever Green Bond
Germany saw good demand for its firstever green bond on Wednesday, in a landmark moment for Europe's climatefocused finance drive.
Ford Cutting 1,400 US Salaried Jobs With Retirement Offers
Ford Motor Co. will offer early retirement incentives with hopes of cutting its U.S. whitecollar workforce by 1,400 more positions.
Global Stocks Climb As Recovery Hopes Gather Strength
Shares gained strongly on Wednesday as investors bet that improving economic data and more policy stimulus from Washington would add momentum for equities.
Asia Wealth Managers Pull Out All Stops To Get Clients On Ant IPO
Wealth managers in Asia are preparing to lend more to their clients and help them raise cash by selling investments to ensure they can get their hands on shares in Chinese fintech giant Ant Group's up to $30 billion IPO, bankers said.
Daimler Pins Profit Revival On New Mercedes-Benz S-Class
Daimler was set on Wednesday to launch the new model of its MercedesBenz SClass luxury sedan, which it hopes will help return the German carmaker to profitability next year after the coronavirus pandemic slashed demand for highend vehicles.
China Suspends Barley Imports From Australia's Largest Grain Exporter
China said on Tuesday it had suspended barley imports from Australia's largest grain exporter, a ruling that threatens to inflame bilateral tensions.
Sensex, Nifty Edge Lower As China Border Tensions Weigh, Banks Drop
Indian shares slipped on Wednesday, weighed down by banking stocks, as heightened tensions at the country's disputed border with China overshadowed broader optimism around upbeat U.S. manufacturing indicators.
Oil Gains On U.S. Stock Draw, Economic Recovery Optimism
Crude oil futures extended gains on Wednesday after a biggerthanexpected draw in U.S. crude stockpiles and as solid U.S. and Chinese factory activity fuelled optimism of a recovery from the pandemic, boosting investor risk appetite.