Business

UnitedHealth Group has agreed to buy Change Healthcare for $7.84 billion in cash, the companies said on Wednesday, to beef up its portfolio of healthcare technology services.

Economic activity in the euro zone contracted more sharply than previously thought at the end of 2020 and could get worse as renewed lockdown restrictions imposed to contain the coronavirus hit the bloc's dominant service industry, a survey showed.

Brent oil prices rose on Wednesday to the highest since February after Saudi Arabia agreed to make bigger cuts in output than expected during a meeting with allied producers, while industry data showed U.S. crude stockpiles fell last week.

The New York Stock Exchange said it no longer intends to delist three Chinese telecom giants a shock reversal of an announcement made only last week and deepening confusion over a U.S. crackdown on firms said to be linked to China's military.

American factories grew in December at the fastest pace in more than two years as manufacturing continued to weather the pandemic better than the battered services sector.

In a statement, the Reserve Bank of India (RBI) said a penalty of Rs 5 lakh has been imposed on Vyavasayik Sahakari Bank Maryadit, Raipur for non-compliance with directions issued by RBI on opening of on-site ATM and Know Your Customer (KYC).

When Carlos Tavares takes the wheel of a combined PSA and Fiat Chrysler this year he will quickly need to revive the carmaker's fortunes in China, rationalise a sprawling global empire and address massive overcapacity.

While running Nissans North American operations from 2009 to 2011, Carlos Tavares had a reputation for closely watching costs with little tolerance for vehicles or ventures that didnt make money.

The government netted a record GST collection of Rs 1.15 lakh crore in December 2020, helped by the action against tax evaders alongside pick up in the economy.

BSNL had floated a 4G tender worth Rs 9,300 crore for procurement of telecom equipment in March but was cancelled later due to multiple reasons, including allegation from Indian companies that the state-run firm project does not comply with preferential m...

Three Chinese companies will be booted off the New York Stock Exchange this month under an executive order signed in November by President Donald Trump.

After a spectacular year, precious metals are set for further gains in 2021, with silver tipped to outperform, but analysts are growing more cautious about the prospects for gold as the global economy recovers from the impact of the coronavirus.

Hedge fund Alden, Tribune's largest shareholder, has offered to buy the rest of the newspaper publisher at a price that values it at $520.6 million.

U.S. stocks were flat in thin trading on Thursday, but the S&P 500 and the Nasdaq were set to end 2020 with solid gains on hopes of more stimulus and coronavirus vaccines to support the domestic economy.

U.S. longterm mortgage rates ticked up slightly this week but remain near record lows as the coronavirus pandemic continues wreak havoc on the U.S. and global economies.

The official said that the rate of interest on the EPF has been formally approved for notification by Labour Minister Santosh Gangwar on Thursday after receiving the finance ministry's concurrence.