Business
Trump Admin Set To Approve Arizona Land Swap For Mine Opposed By Native Americans
U.S. President Donald Trump's outgoing administration is set to approve a controversial land swap later this month that would give Rio Tinto Ltd and partners more than 2,400 acres (9.7 square kilometers) to build an Arizona copper mine, even though the pr...
China Trade Surplus Hits Record $75B As Nov Exports Soar
Chinas politically sensitive trade surplus with the U.S. soared to a record $75.4 billion November as exports surged 21.1% over a year earlier, propelled by strong demand from American consumers.
NPS Gilt Schemes: Know About Benefits and Top Performers
According to data by mutual fund tracking firm Value Research, pension funds have indeed done way better than the mutual fund gilt schemes.
British PM Johnson And EU Chief Seek To Break Brexit Impasse
British Prime Minister Boris Johnson will speak to European Commission President Ursula von der Leyen on Saturday to try to break an impasse in trade talks with time running out to avoid a chaotic end to the Brexit saga.
FTSE Russell To Drop Eight Chinese Companies After U.S. Blacklisting
Index provider FTSE Russell said on Friday it will delete shares of Hikvision and seven other Chinese companies from certain products after a U.S. order restricting the purchase of shares in those firms.
Nissan Pulls Out Of Trump Emissions Fight With California
Nissan said Friday that it will no longer support the Trump administration in its legal fight to end California's ability to set its own autopollution and gasmileage standards.
New Jersey Utility Buys 25% Of Wind Farm Off Atlantic City
New Jersey's largest utility bought a 25% stake in an offshore wind farm Friday to be built off the coast of Atlantic City in a move to bring local knowledge to an energy project that would power half a million homes.
Racial Gap In U.S. Unemployment Narrowest Since May
The gap in unemployment rates between Blacks and whites in the United States narrowed in November for a third straight month, a modest bright spot in a monthly employment report that fell far short of expectations, with the fewest jobs overall created in...
U.S. Trade Deficit Widens Less Than Expected In October
The United States' trade deficit increased less than expected in October, suggesting trade could contribute to economic growth in the fourth quarter.
Bond, Share Write-offs in Bank Rescue Acts Done in Depositor Interest, Legal: Das
It can be noted that during the Yes Bank's rescue in March this year, over Rs 7,000 crore of additional tier-I bonds were written-off, while in LVB's case, tier-II bonds of nearly Rs 320 crore along with the entire outstanding shares, were written-off.
Pfizer Supply Chain Challenges Led To Slashing COVID-19 Vaccine Production Target - WSJ
Challenges in Pfizer Inc's supply chain for its COVID19 vaccine played a role in its decision to slash its 2020 production target, the Wall Street Journal reported on Thursday.
Automakers Prep For Stronger Mileage Standards Under Biden
Now that it's clear Joe Biden soon will be president, the fight over automobile pollution and fuel efficiency standards is likely to peter out, and U.S. consumers should see a broader selection of electric and efficient vehicles.
Chevron Tightens Belt Again With Billions In Spending Cuts
U.S. oil major Chevron Corp on Thursday cut billions off its longterm capital and exploratory budget even after a major restructuring of its operations as it tries to ride out a collapse in oil prices and preserve its dividend.
Flutter Enlists Fox Help To Control FanDuel In $4 Billion Deal
Flutter Entertainment raised its bet on the U.S. gambling market on Thursday, with a $4.18 billion deal to increase its FanDuel holding to 95% and end Fastball's involvement in online sports betting platform FOX Bet.
Brazil GDP Rebounds Sharply In Third Quarter, But Stimulus Withdrawal Looms Large
Brazil's economy grew in the third quarter by the most on record as the easing of anticoronavirus lockdown measures triggered a strong rebound in activity across most sectors, especially industry and services, while fixed investment jumped sharply.
Chevron Cuts Spending Plans Again, Sets 2021 Budget Of $14 Billion
U.S. oil major Chevron Corp on Thursday cut billions more off its longterm capital and exploratory budget after completing a major restructuring of its operations as it seeks to preserve its dividend.