Business

The World Trade Organization needs a strong personality at its helm to restart longdelayed negotiations urgently and drag the rule book for global commerce into the 21st century, Mexico's pick to lead the body said.

Canadian home sales rose 26% in July from June, posting the highest monthly level ever recorded, the Canadian Real Estate Association (CREA) said on Monday, as pentup demand following lockdowns continued to fuel the market.

Domino's Pizza Inc and its franchisees would hire more than 20,000 people, including delivery experts and pizza makers, in the United States, the restaurant chain said on Monday.

In a bid to survive, airlines are desperately trying to convince a wary public that measures like mandatory face masks and hospital-grade air filters make sitting in a plane safer than many other indoor settings during the coronavirus pandemic.

China's vaccine specialist CanSino Biologics Inc has won a patent approval from Beijing for its COVID19 vaccine candidate Ad5nCOV, state media reported, citing documents from the country's intellectual property regulator.

British airline easyJet said it would continue to assess further funding opportunities after raising an extra $266 million from the sale and leaseback of aircraft, as the pandemic continues to wreak havoc on travel and its finances.

Oil prices were higher on Friday and on track for a second week of gains amid growing confidence that demand for fuel is starting to pick up despite the coronavirus pandemic that has slammed economies worldwide.

Energy companies led a pullback on Wall Street Thursday that left stock indexes mostly lower.

White House economic adviser Larry Kudlow on Thursday said he expects the U.S. unemployment rate to return to singledigit levels as early as this month and growth in the third quarter should be 20% or more as the economy recovers from the recession trigge...

TUI, the world's largest tourism company, said it was considering raising new equity from shareholders or selling off parts of the business to reduce debt taken on to survive the coronavirus pandemic.

Pointing out the key factors needed for revival of the economy, she said that liquidity access to medium and small industries needs to be looked into.

The Singapore High Court has appointed Grant Thornton Singapore as the supervisor of Xihe Holdings Pte Ltd and four of its subsidiaries, a source with knowledge of the matter said on Thursday.

India's annual retail inflation rose to 6.93% in July, as food prices continued to soar due to disrupted supply chains, government data showed on Thursday.

Gold firmed above $1,900 on Thursday as the dollar fell, with bargain hunters betting on a resumption of bullion's broader upwards trend attracted by its recent steep slide from a record peak.

Almost one in three businesses in the United Kingdom has operating costs that are greater or equal to their turnover, Britain's statistics office said on Thursday in an update on the impact of the coronavirus pandemic on the economy.

Global shares were mixed Thursday, cheered by the rally on Wall Street that's likely a boon for exportdriven regional economies, despite concerns over the coronanvirus pandemic.