Business

U.S. stocks gained on Wednesday as data showing an expansion in services industry last month added to optimism stemming from Disney's surprise quarterly profit and upbeat results from several healthcare companies.

India reported on Wednesday 52,509 new cases over the novel coronavirus, taking its tally of infections to more than 1.91 million, nevertheless authorities eased restrictions aimed at limiting its spread, allowing gyms and yoga studios to open.

Japan's Sharp Corp on Wednesday reported a 37.8% drop in firstquarter operating profit as the coronavirus pandemic weighed on sales of electronics devices and office printers.

BMW expects to make an operating profit this year despite losing 666 million euros ($787 million) in the second quarter after sales of its luxury cars slumped during coronavirus lockdowns, the company said on Wednesday.

Oil prices rose on Wednesday after inventory data showed a big drop in U.S. crude stocks although gains were capped by concerns over fuel demand with mounting global COVID19 cases.

Japan's Honda Motor Co on Wednesday forecast a 68% fall in annual operating profit to a 10year low with global demand for cars expected to slide due to the coronavirus pandemic.

Ahold Delhaize NV, a major operator of supermarket chains in the United States and Europe, reported betterthanexpected sales and underlying operating income for the second quarter of 2020, as coronavirus lockdowns drove more traffic through its stores and...

Asia shares were set to open lower on Wednesday, following a choppy trading session on Wall Street and losses in Europe.

New orders for U.S.made goods increased more than expected in June, suggesting the manufacturing sector was regaining its footing, though rising COVID19 cases threaten the tentative recovery.

Gold prices hit an alltime high on Tuesday after a top U.S. Senate Democratic leader said that Democrats and the White House were closer to an agreement on the stimulus bill to help the virushit economy.

On a summer's evening, the streets of central London echoed to what has become a rare sound during the coronavirus pandemic: the chatter and laughter of diners seated at terrace tables.

SoftBank Group Corp's domestic wireless unit raised its free cash flow 50% in its first quarter, part of a broader effort to stabilise the group and help it weather the coronavirus outbreak.

Recessionhit Argentina said on Tuesday it had reached a deal with three creditor groups to restructure $65 billion in defaulted sovereign debt.

Britain's Neptune Energy and its partners have discovered oil at a jointly owned drilling license in the Norwegian part of the North Sea, and will now consider options for how to develop the find, the company said on Tuesday.

Japanese wireless carrier SoftBank Corp on Tuesday reported a 4% rise in firstquarter operating profit, beating analyst estimates, supported by its enterprise and internet businesses.

While millions of U.S. workers thrown into unemployment by the coronavirus pandemic fret about feeding their families, idled German airline purser Marco Todte is mainly concerned about his next vacation.