Business
Airbus Keeps Top Spot Despite 34% Drop In 2020 Jet Deliveries
Airbus delivered 566 aircraft in 2020, maintaining its crown as the world's largest planemaker for a second year as U.S. rival Boeing remained mired for most of that period in the grounding of its 737 MAX, company data showed on Friday.
Publicis Denies M&A Talks Following Stock Jump
A spokeswoman for Publicis denied on Friday that the French advertising group was holding any kind of merger talks after a report by British trade publication Campaign triggered a sharp jump in its share price.
Euro Zone Unemployment Rate Surprises With November Decline
Euro zone unemployment unexpectedly inched down for the second consecutive month in November, although the rate rose for younger people and the return of coronavirus restrictions may mean the improvement is shortlived.
SBI Home Loan Interest Rate: State Bank of India Offers Up To 30 Basis Points Concession
SBI said its interest rate on home loans start from 6.80 percent for loans upto Rs 30 lakh and 6.95 percent for loans above Rs 30 lakh.
Gold Eases As Stronger Dollar, Higher Yields Weigh
Gold inched lower on Friday as the U.S. dollar and Treasury yields firmed, although hopes for additional stimulus in the world's largest economy kept bullion on course for a second straight weekly gain.
Bitcoin Crosses USD 40K Mark, Doubling In Less Than A Month
Charlotte (US) (AP) First it went through USD 20,000. Then 10 days later, it broke through USD 25,000, and then, with barely taking a breath, it crossed USD 30,000. Now only a few days into 2021, the price of bitcoin has crossed USD 40,000. Nothing's ne...
Business Events Scheduled For The Coming Week
Business events and economic reports scheduled for the coming week.
US Services Sector Grows For Seventh Straight Month
The U.S. services sector, where most Americans work, grew for the seventh straight month in December even as coronavirus cases surged through the holidays.
GDP Estimates Point at Sustained V-shape Economic Recovery, Says Finance Ministry
The ministry was commenting on the first advanced estimates (AE) of the national income released by the National Statistical Office on Thursday, which projected 7.7 per cent contraction in GDP for the current fiscal year.
Walgreens Tops Fiscal 1Q Forecasts As It Fights Pandemic Hit
Walgreens Boots Alliance lost $308 million in its first fiscal quarter due to a big charge tied to its ownership stake in the drug wholesaler AmerisourceBergen.
Oil Touches Fresh 11-month Highs After U.S. Inventory Fall
Oil prices were steady on Thursday after hitting fresh 11month highs on a fall in U.S. stockpiles and in the wake of a pledge by Saudi Arabia to cut output by more than expected.
Kirin Says Undecided On Myanmar Business After Inconclusive Third-party Probe
Japan's Kirin Holdings said on Thursday it was undecided on the future of its Myanmar beer business after a thirdparty probe into its local partner's military connections ended with inconclusive results.
U.S. To Urge Firms Comply With China Investment Ban In New Guidance, Sources Say
The U.S. State Department plans to release as soon as Wednesday a fact sheet urging U.S. investors to comply with an executive order banning investments in alleged Chinese military companies, according to three people familiar with the matter and a copy o...
Britain To Name Former Goldman Banker Sharp As BBC Chairman
Britain is to name former Goldman Sachs banker Richard Sharp as the next chairman of the BBC, tasked with agreeing a longterm funding model for the broadcaster at a time of increasing competition and political scrutiny.
A Pandemic Shift In Finances: Prioritize, Simplify, Save
The pandemic has caused many people to reassess their priorities. There is talk of moving out of the city, simplifying life and saving more money.
Walgreens To Sell Drug Wholesale Business For $6.5B
Walgreens Boots Alliance will sell its pharmaceutical wholesale business to AmerisourceBergen in $6.5 billion cash and stock deal.