Business

Shares of Moderna Inc rose more than 5% on Wednesday after analysts said a $1.5 billion coronavirus vaccine supply agreement with the U.S. government could lead to similar deals with other countries.

U.S. consumer prices jumped 0.6% in July as gasoline prices continued to rise.

Dutch bank ABN Amro said on Wednesday its investment bank will end all trade and commodity financing operations, as the unit's focus turns solely to Northwest Europe and clearing activities to reduce risks.

New Zealand's central bank surprised markets on Wednesday by expanding its bondbuying programme and held out the prospect of negative interest rates in a bid to revive the coronavirusbattered economy as the country was plunged back into lockdown.

Oil prices fell about 1% on Tuesday after rising earlier in the session as hopes dimmed for a swift stimulus package to relieve the U.S. economy as coronavirus cases increased globally.

One of the U.S. auto industry's youngest and highestranking executives, General Motors Co's chief financial officer Dhivya Suryadevara, jumped ship on Tuesday for Silicon Valley and the technology sector, where she was named CFO of Stripe, the online paym...

India's B9 Beverages, maker of popular craft beer Bira, is in talks with international brewers and investors to sell a stake of up to 20% in the company, its chief executive told Reuters on Tuesday.

I know, I know. Youve probably heard all about how you should renegotiate your bills to save money. But thats easier said than done, right?

The number of people in work in Britain has suffered the biggest drop since 2009 and signs are growing that the coronavirus will take a heavier toll on the labour market as the government winds down its huge jobprotection scheme.

SoftBank Group Corp has broken with tradition by not disclosing operating profit in its earnings report, saying it was "not useful" as a measure of investment performance, and instead pointed to a Vision Fund gain of $2.8 billion.

Gold fell on Tuesday as dollar's relative value against other currencies recovered, spurring some investors to lock in gains in bullion, which has soared to record levels of $2,000 per ounce.

Inovio Pharmaceuticals Inc expects its experimental COVID19 vaccine to enter midtolate stage study in September and secure U.S. emergency use authorization sometime in 2021, the U.S. vaccine developer said on Monday.

U.S. President Donald Trump said on Monday he is interested in hosting a Group of Seven summit in a "calmer atmosphere" after the November presidential election, and that he has not decided whether to invite Russian President Vladimir Putin.

Shares of Eastman Kodak Co fell about 40% on Monday and were on track for their worst singleday decline after the U.S. government blocked a $765 million loan to the company, which was going to make drug ingredients for use in possible COVID19 vaccines, b...

The operator of a Japanese bulk carrier which ran aground off Mauritius in the Indian Ocean apologised on Sunday for a major oil spill which officials and environmentalists say is creating an ecological disaster.

Dirty fuel oil widely used to generate electricity in Mexico should be completely banned, Mexican scientist Mario Molina said, citing its high sulfur content as a danger to both human health and the earth's atmosphere.