Business

Thai alcoholic beverages sellers on Thursday submitted a petition to parliament against a ban on the online sale of alcohol, saying it hurt small businesses.

Tiffany & Co sued LVMH on Wednesday after the French luxury goods giant told the U.S. jeweler it could not complete a $16 billion deal to acquire it because of a French government request and the impact of the coronavirus outbreak.

U.S. crude oil production is expected to fall 870,000 barrels per day to 11.38 million bpd this year, a less steep decline than previously forecast, the U.S. government said in its latest monthly outlook on Wednesday.

The QIP launch follows the trend of many banks and NBFCs hitting the market to raise funds to soften the hit of potential bad loans triggered by COVID-19.

Falling COVID19 infection numbers in Pakistan will not affect a Phase 3 clinical trial for a potential vaccine being developed by China's CanSino Biologics, which is expected to begin this month, according to officials running the trial.

Oil futures fell again on Wednesday after a sharp slide in the previous session, as a rebound in COVID19 cases in some countries undermined hopes for a steady recovery in global demand.

Mexico's government plans to keep a lid on spending while offering some support for hospitals, pensioners and infrastructure in a lean 2021 budget that forecasts only partial recovery for an economy hammered by the COVID19 pandemic.

A fresh U.S. Senate Republican coronavirus spending package introduced on Tuesday does not include new government assistance for U.S. airlines or airports, a text of the proposal showed, as the sector races to save jobs before October.

British firms hired temporary staff in August at the fastest pace since the end of 2018 as they tried to recover from the COVID19 lockdown but remained wary of the pandemic and the Brexit impasse, a recruiters industry group said.

Japan's currency in circulation and bank deposits rose at a record annual pace in August as companies and households continued to pile up cash to guard against the coronavirus driven income slump, central bank data showed on Wednesday.

Late-stage studies of AstraZeneca's COVID-19 vaccine candidate are on temporary hold while the company investigates if a report of a patient with a serious side effect is linked to the shot.

U.S. stocks dropped for a third straight session on Tuesday as a selloff in highflying technology names continued from the prior week, while Tesla was poised for its worst day in nearly six months after the stock was passed over for inclusion in the S&P 5...

Gold prices fell to hit their lowest in nearly two weeks on Tuesday, as the dollar strengthened and investors awaited a policy decision from the European Central Bank this week.

India's largest commodity derivatives exchange, MultiCommodity Exchange of India Ltd (MCX), said it registered a 12year high in silver delivery on Tuesday.

Oil slid more than 3% towards $40 a barrel on Tuesday, its fifth session of decline, pressured by concerns that a recovery in demand could weaken as coronavirus infections flare up around the world.

EU antitrust regulators have set a new Dec. 16 deadline for their decision on the London Stock Exchange's $27 billion takeover of data company Refinitiv after resuming their investigation into the deal.