Business

Gold fell on Friday as U.S. Treasury yields rose, though the metal was on course for its best week in five helped by hopes of a large U.S. stimulus.

The RBI, however, said the views expressed in this article are those of the authors and do not necessarily represent the views of the central bank. E-commerce and digital technologies will likely be the bright spots in India's recovery in a world in which...

Stocks rallied to record highs on Wall Street Wednesday on encouraging company earnings reports and continued optimism that new leadership in Washington will mean more support for the struggling economy.

Global equity benchmarks rose to new record highs and oil prices rose on Wednesday as investors moved into riskier assets in anticipation of further U.S. stimulus under the new Biden administration to mend the economic damage of the coronavirus pandemic.

Gold rose more than 1% on Wednesday ahead of U.S. Presidentelect Joe Biden's inauguration, extending gains after his nominee to head the Treasury Department, Janet Yellen, bolstered bets for another pandemicrelated stimulus package.

U.S. safety regulators are investigating complaints that a Ford pickup truck tailgate recall didn't fix the problem.

Two of the world's biggest fertilizer producers, CF Industries Holdings Inc and Yara International Asa, are seeking to cash in on the green energy transition by reconfiguring ammonia plants in the United States and Norway to produce clean energy to power...

UnitedHealth is reporting a fourthquarter profit of $2.21 billion, easily beating most expectations despite costs affiliated with the COVID19 pandemic.

Oil prices climbed with U.S. stock markets on Tuesday ahead of Joe Biden's inauguration as U.S. president on optimism that more government stimulus will eventually lift global economic growth.

Bank of America Corp posted a smallerthanexpected drop in fourthquarter profit on Tuesday and said it was hopeful of achieving growth in loans this year as the economy recovers.

Goldman Sachs Group Inc dwarfed estimates with a 153% jump in fourthquarter profit on Tuesday, powered by another blowout performance at its core bond trading and underwriting business and an uptick in merger and acquisition activity.

More governments are selling bonds that mature in 30, 50 and even 100 years' time, capitalising on rockbottom borrowing costs and a willingness among investors to look past risks for the sake of slightly higher yields.

China stands ready to help Kenya deal with its debt challenges and both sides are holding "smooth" talks over the issues, the Chinese embassy in Nairobi said on Monday.

It is estimated that the print media would take two or three years to recover from the current situation, the INS added.

Stocks that moved heavily or traded substantially Friday:

Wells Fargo & Co posted a small rise in quarterly profit on Friday that beat Wall Street estimates, as stabilizing credit costs helped offset the hit from lowinterest rates meant to prop up the ailing economy during the COVID19 pandemic.