Business

Gold prices firmed on Wednesday supported by a weaker dollar, with investors awaiting the outcome of the Federal Reserve's policy meeting for details of the U.S. central bank's plans to balance interest rates against its inflation target.

Both 22 and 24 carat gold have shown steady gains over the past few days, which if continued, will likely lead to the highest figure of the month. But, it still has a long way to go to match the peak prices of August.

China has suspended imports from an OK Foods poultry plant in Fort Smith, Arkansas, because of coronavirus cases among workers, the USA Poultry & Egg Export Council said on Tuesday.

A number of JPMorgan Chase traders have been sent home after employees tested positive for COVID19, less than a week into the bank's push to start bringing its workers physically back into the office.

Bayer AG has settled thousands of U.S. Roundup weed killer lawsuits as part of an $11 billion settlement, reaching deals with the only lawyers who took cases to trial over allegations the herbicide caused cancer.

Ingka Group, which owns most IKEA stores around the world, has bought the remaining 51% of kitchen installation firm Traemand as part of its strategy to offer customers more services.

The European Parliament on Tuesday voted in favour of including greenhouse gas emissions from the maritime sector in the European Union's carbon market from 2022, throwing its weight behind EU plans to make ships pay for their pollution.

Milanlisted shares in Fiat Chrysler rose sharply in early trade on Tuesday, after the group and Peugeot maker PSA revised the terms of their planned merger.

Peugeot maker PSA and Fiat Chrysler (FCA) have restructured the terms of their planned merger to conserve cash, and also stepped up the promised levels of cost cutting during the pandemic.

Sitting in a hair salon as a stylist braids her natural hair, Sana Sebone recalls a time in 2013 when she worked on a construction site and was told her dreadlocks were too long and represented a hazard.

The CREST financial markets settlement system, which sits at the heart of more than 1 trillion pounds' ($1.29 trillion) worth of daily share and bond trades, suffered more technical problems on Monday, forcing the Bank of England to delay a gilt buyback.

The company that runs New York Sports Club and Lucille Roberts gyms filed for bankruptcy protection with COVID-19, still prevalent in man parts of the U.S., gutting membership rolls at fitness companies nationwide.

Opposition members, including Shashi Tharoor of the Congress and Saugata Roy of the Trinamool Congress, opposed the bill, accusing the Centre of encroaching on the rights of states.

The owner of TikTok has chosen Oracle over Microsoft as the American tech partner that could help keep the popular video-sharing app running in the U.S., according to a person familiar with the deal who was not authorized to speak publicly about it.

The markings of a rollercoaster year are plastered over Sutiwet’s small Jakarta restaurant – plastic barriers on the counters, stickers on the glass urging customers to wear masks, and a gallon of water out front for people to wash their hands.

Shares of AstraZeneca inched higher in early trade on Monday as the optimism spurred by the British drugmaker's resumption of clinical trials for its COVID19 vaccine candidate outweighed official weekend moves to cut U.S. drug prices.