Business

Retail demand for physical gold picked up slightly in India this week on a dip in domestic prices and a festival, but top bullion hubs across Asia saw muted activity.

The Meeran family that runs leading spices maker Eastern Condiments has agreed to sell its majority stake to Norwegian packaged food major Orkla for over Rs 1,350 crore, the family said in a statement. The Kochibased Eastern Condiments sells a variety of...

Piyush Goyal said that the trade deficit is reducing drastically and India's share in the global trade is improving due to resilient supply chains.

Malaysian stateowned energy giant Petroliam Nasional Berhad said on Friday it would reshape its portfolio after reporting its first quarterly loss in nearly five years following a coronavirusrelated demand slump and lower oil prices.

A fire broke out on a Panamaflagged supertanker carrying about 2 million barrels of oil in the Indian Ocean off the east coast of Sri Lanka. One of its 23 crew is missing and presumed dead.

This is Infosys' second acquisition in the year and the amount includes earn-out payments, management incentives and bonuses.

In the week since the Federal Reserve made a landmark shift in its approach to monetary policy, details are emerging on what it could look like in practice, with two Fed policymakers on Thursday saying they'd be comfortable with leaving interest rates nea...

General Motors and Honda Motor Co on Thursday revealed plans to team up in North America to make a range of vehicles, deepening their ties as the auto industry comes under greater pressure to share technology and costs to meet demands for cleaner vehicles...

A gauge of global stocks turned lower on Thursday as U.S. markets opened and were weighed down by weakness in the technology sector, while the dollar continued its bounce from more than twoyear lows.

The U.S. economy's economic engine may be running out of fuel.

During the meeting, the minister impressed upon the lenders that as and when the moratorium on loan repayments is lifted, borrowers must be given support and COVID-19 related distress must not impact the lenders' assessment of their creditworthiness, an o...

U.S. productivity rose at a 10.1% rate in the second quarter as the number of hours worked declined by the largest amount since the government started compiling the data more than 70 years ago.

Western Coalfields Ltd (WCL) has offered additional quantity of coal to various power generation companies of central, west and south regions at a cheaper landed price, according to a WCL release. WCL, a subsidiary of Coal India Ltd, said the move will...

Amazon brought a little cheer to Britain's troubled labour market on Thursday, saying it will create a further 7,000 permanent jobs in 2020, taking total new hires this year to 10,000.

The euro zone's rebound from its deepest downturn on record faltered in August as growth in the bloc's dominant service industry almost ground to a halt, a survey showed on Thursday, suggesting the long road to recovery will be bumpy.

Draft U.N. proposals to ban the use and transport of heavy fuel oil by ships in the Arctic contain waivers that will allow many vessels to keep sailing without enough regulatory control over their emissions, a study released on Thursday found.