Business

China has offered experimental coronavirus vaccines to aviation industry workers, according to a regulatory notice seen by Reuters, in a push to inoculate highrisk groups to prevent a possible resurgence as economies reopen.

Franklin Templeton shut six debt mutual fund schemes on April 23, citing redemption pressure and lack of liquidity in the bond market. The schemes together have an estimated Rs 25,000 crore as assets under management (AUM).

French drugmaker Sanofi and its British peer GSK have started a clinical trial for a proteinbased COVID19 vaccine candidate, as pharmaceutical companies race to develop treatments against the COVID19 pandemic.

The French government detailed on Thursday its 100 billion euro ($118.3 billion) stimulus plan to erase the economic impact of the coronavirus crisis over two years, lining up billions of euros in public investments, subsidies and tax cuts.

United Airlines said on Wednesday it is preparing to furlough 16,370 workers when federal aid expires on Oct. 1 as the coronavirus pandemic continues to devastate the airline industry, though one union said many more people will be without pay.

Asian equities were set to open higher on Thursday after stronger U.S. economic data and the prospect of additional U.S. stimulus prompted sharp, and broader, gains on Wall Street, while the dollar extended its upward move.

U.S. passenger railroad Amtrak will furlough more than 2,000 workers as a result of the steep decline in travel demand from the coronavirus pandemic.

The S&P 500 rose on Wednesday for the ninth time in the past ten sessions on a boost from Nvidia and Microsoft, as data showed a moderate increase in U.S. private payrolls last month.

India's top explorer Oil and Natural Gas Corp is unlikely to buy overseas oil and gas assets at current prices of about $45 a barrel, its finance chief said on Wednesday.

Historically, Labor Day weekend is an opportune moment to get a great deal on a new vehicle. But this time around, the great deal could very well come about by selling or trading in your car.

Abu Dhabi National Oil Company (ADNOC) said on Wednesday it had entered into a $5.5 billion real estate investment partnership with a consortium led by Apollo Global Management Inc.

Australian financial advice giant AMP Ltd said on Wednesday it was putting all its assets under review, setting in motion a potential sale or breakup of a company that has seen its profit and reputation weakened after years of scandals.

Goyal said India is one of the countries which has not so far used quality control orders or standards as much as it should have.

AstraZeneca has expanded its agreement with cell therapy firm Oxford Biomedica to massproduce its COVID19 potential vaccine, as it looks to scaleup supply ahead of a possible U.S. fasttrack approval.

This is the second extension in as many months given by the government. The original deadline for filing the return was July 15, which was earlier extended till August 31.

The RBI had announced, on August 25, simultaneous purchase and sale of government securities under OMO for an aggregate amount of Rs 20,000 crore in two tranches of Rs 10,000 crore each.