Business

As per the terms of the agreement, the company has reserved the manufacturing capacity to allow for the supply of multiple vaccines to the UK government in its fight against Covid-19.

Gold prices retreated from a record high on Monday after investors booked some profits and the dollar rose, although concerns over rising coronavirus cases and its impact on global economy limited bullion's losses.

U.S. manufacturing activity accelerated to its highest level in nearly 11/2 years in July as orders increased despite a resurgence in new COVID19 infections, which is raising fears about the sustainability of a budding economic recovery.

Chocolate fans will not necessarily benefit from predictions of a fall in cocoa prices this year. A Reuters poll of London cocoa futures published on Monday forecast cocoa would cost 10% less at the end of the year because of rising production and a hit t...

Healthcare company Sanofi Aventis France said it had been placed under formal investigation on charges of manslaughter over Depakine, which is an epilepsy drug that caused birth malfunctions and slow neurological development when taken during pregnancy.

A battle is brewing for control of Latin America's main development bank.

Russia's AntiMonopoly Service said on Monday it had approved Hyundai's possible acquisition of a General Motors factory in St Petersburg, the Interfax news agency reported.

According to the house economists at BofA Securities India, this high lending rate is the main reason for the steeply falling credit flows, which conversely also point to a deeper GDP contraction, accentuated by the pandemic.

Asia's factory pain continued to ease in July with contraction slowing in big exportreliant nations, adding to hopes the region is steadily emerging from the devastating hit of the coronavirus pandemic.

U.S. online prescription drug price marketplace GoodRx Inc has submitted paperwork with the U.S. Securities and Exchange Commission for a potential initial public offering, according to people familiar with the matter.

Record participation by retail investors in a recent Hong Kong initial public offering and sky-high demand in some other IPOs has forced big investors to hold onto newly listed shares.

LPG cylinders are being sent to the flood-affected people by using boats, while delivery men have been maintaining social distancing norms to curb the spread of the coronavirus disease, he said.

The ministry further said although the June collections were higher than that in July, however, it is important to note that during the previous month, a large number of taxpayers also paid taxes pertaining to February, March and April 2020 on account of...

Chevron Corp on Friday reported an $8.3 billion quarterly loss, its largest in at least three decades, and joined rival oil producers in writing down billions of dollars in assets due to plunging demand for fuel.

U.S. consumer spending increased for a second straight month in June, setting up consumption for a rebound in the third quarter, though the recovery could be limited by a resurgence in COVID19 cases and the end of expanded unemployment benefits.

European shares recovered from their lowest levels in a month on Friday, as investors looked past a severe economic contraction in the euro zone and on to company earnings, while the euro reached its highest in more than two years, set for its best month...