Business
U.S. Stocks Dive After Trump Halts Talks On Coronavirus Relief Legislation
Wall Street promptly reversed solid gains late Tuesday, plunging into negative territory after President Donald Trump announced he was halting talks on coronavirus relief legislation until after the Nov. 3 elections.
Stocks Shuffle To Two-week Highs After Trump Leaves Hospital
World stock markets climbed to more than twoweek highs on Tuesday after U.S. President Donald Trump's return to the White House from COVID19 treatment and on hopes of a giant new U.S. stimulus package.
Small Gyms Devastated By Coronavirus Fear, Restrictions
Theres little evidence of Americans passion for fitness at the tens of thousands of small and independent gyms around the country.
IMF Head Says Global Economy Facing Long Climb To Recovery
The head of the International Monetary Fund says that the global economy has started on a long climb to stronger growth with prospects looking a little better than four months ago.
German Industrial Orders Rise More Than Expected In August
German industrial goods orders rose by 4.5% on the month in August, data showed on Tuesday, in a boost to hopes for a robust thirdquarter recovery in Europe's largest economy after the coronavirus shock.
U.S. Labour Shock From Pandemic Hit Women Of Colour Hardest; Will It Persist?
One of the positive turns that the U.S. economy took during a decadelong recovery through 2019 was a steady rise in the share of women looking for work and working.
Factbox: What A Joe Biden Win Could Mean For Financial Policy
While Democratic presidential nominee Joe Biden is unlikely to prioritize a financial industry crackdown if he wins on Nov. 3, he is expected to take a much tougher line than Trump and his former boss President Barack Obama.
Singapore Extends Pandemic-induced Loan Relief Measures Into 2021
Singapore said on Monday it would extend relief programmes on mortgages and loans for individuals and small firms into next year because of the prolonged impact of the coronavirus pandemic.
Oil Prices Rebound 2% As Trump Doctors Raise Prospect Of Hospital Discharge
Oil prices rose more than 2% on Monday, lifted by comments from doctors for U.S. President Donald Trump suggesting he could be discharged from hospital as soon as Monday, just a few days after his positive coronavirus test sparked widespread alarm.
HDFC Bank's Ravi Santhanam in Forbes List of World's Most Influential CMOs
Ranked at Number 39, Ravi Santhanam is the only CMO of an Indian company to be featured in the illustrious list which includes marketing heads of Apple, BMW, Lego, Adobe, Microsoft, P&G among others.
NEC To Buy Swiss Software Firm Avaloq For $2.2 Billion
Japan's NEC Corp said on Monday it will buy Swiss financial software company Avaloq Group AG for 2.05 billion Swiss francs ($2.2 billion), a move that will spearhead its entry globally into finance software.
15 Lakh Govt Officials to Boycott Work Tomorrow Against Privatisation of UP Power Discom
In case the central government does not take back its decision, the boycott would be extended for an indefinite period, they warned.
U.S. Oil Refiners Look To Leapfrog Canadians In Making Renewable Diesel
U.S. oil refineries are moving aggressively to produce renewable diesel, partly to cash in on Canada's greener fuel standard before Canadian refiners modify their own plants.
Sao Paulo State In Brazil Asks Approval To Use Sinovac COVID-19 Vaccine
The government of Sao Paulo state in Brazil has asked health regulator Anvisa to register for use the COVID19 vaccine candidate developed by China's Sinovac Biotech Ltd, governor Joao Doria said on Friday, a major step in what could be one of the first va...
Govt Ready to Waive Interest on Loans Up to Rs 2 Crore, Says it’s the ‘Only Solution’ Amid Pandemic
In an affidavit submitted on Friday, the government said it will bear the burden of waiving of interest due to the unprecedented pandemic situation.
Reliance Raises Rs 7,350 Crore from New Investments by Global Firms GIC, TPG in Retail Arm
The investments value Reliance Retail at a pre-money equity value of Rs 4.285 lakh crore. In less than three days, Reliance Industries has entered into five deals to sell stake in RRVL.