Business

Stocks that moved heavily or traded substantially Monday:

Oil was up on Monday as storms threatening the Gulf of Mexico shut more than half of the region's offshore production, with the more dangerous of the two storms expected to hit later in the week.

The S&P 500 and Nasdaq scaled new highs on Monday as a U.S. approval for the emergency use of blood plasma in COVID19 patients lifted treatment hopes and spurred bets of a quicker economic recovery.

Shares of 18 companies surged on their ChiNext debut on Monday, kicking off a historic reform that will see Shenzhen officially challenge Shanghai for tech listings, while adding fuel to a "technology war" with the United States.

Asian shares started cautiously on Monday on jitters over heady valuations though sentiment was underpinned by coronavirus hopes after the U.S. Food & Drug Administration (FDA) authorised the use of blood plasma from recovered patients as a treatment opti...

Oil fell on Thursday after Reuters reported OPEC+ needed to address daily oversupply of more than 2 million barrels, and the number of U.S. unemployment benefit claims rose unexpectedly, signalling a slow economic recovery.

Online electricals retailer AO World said on Thursday its revenue surged in the months during and after the easing of coronavirus lockdowns as demand for its products and services was sustained even after its rivals reopened stores in July.

Premier Oil on Thursday agreed to terms for a longterm refinancing of its debt facilities, including $300 million of new equity and an extension to its credit maturities, after swinging to a loss in the first half due to weak crude prices.

Stocks closed broadly lower on Wall Street Wednesday, handing the S&P 500 a loss a day after it closed at a record high.

Nvidia Corp forecast thirdquarter sales above expectations on Wednesday, riding the boom in artificial intelligence and cloud computing that has made it a semiconductor industry star and one of the fastestrising U.S. tech stocks.

Wall Street finished lower on Wednesday after the Federal Reserve raised concerns that the U.S. economic recovery from the devastating effects of the pandemic faced a highly uncertain path.

OPEC and its allies pressed oil nations pumping above output targets to cut more in AugustSeptember amid fears oil demand recovery was slow while saying it could reach prepandemic levels by the yearend.

Local company Bharat Forge Ltd has lodged a complaint with the Directorate General of Trade Remedies for the review of the duties on imports of front axle beam and steering knuckles, used in heavy and medium commercial vehicles, from China.

Many colleges are welcoming students back for in-person learning and dormitory living this fall semester. Looming over everything: Campuses could shut back down at any time.

Australian biotech giant CSL Ltd raised hopes on Wednesday of delivering a coronavirus vaccine within a year as annual profit outstripped a forecast, thanks to heavy demand for inoculation and blood plasma products that sent shares soaring.

Japan's exports extended their doubledigit slump into a fifth month in July as the coronavirus pandemic took a heavy toll on auto shipments to the United States, dashing hopes for a tradeled recovery from the deep recession.