Business

France's Total posted better than expected earnings in the fourth quarter as oil prices stabilised, and said it would change its name as part of a push to diversify and grow renewable power and electricity production.

The increase took petrol prices to a fresh high of Rs 87.30 a litre in Delhi and to Rs 93.83 in Mumbai. Diesel rates rose to Rs 77.48 per litre in the national capital and to an all-time high of Rs 84.36 in Mumbai. Prices were last hiked by 30 paise on Fe...

U.S. electric vehicle maker Xos Trucks Inc is in talks to go public through a merger with blankcheck acquisition company NextGen Acquisition Corp which could value it around $2 billion, according to people familiar with the matter.

Tesla Inc said on Monday it had invested around $1.5 billion in bitcoin and expected to begin accepting payment for its cars and other products with it in the near future, prompting a 7% jump in the electronic currency.

Gold prices inched lower on Monday, as Treasury yields moved higher and the dollar bounced up, although concerns over a recovery in the U.S. economy limited bullion's losses.

U.S. stocks rose on Friday with the S&P 500 and the Nasdaq hitting record highs as a smallerthanexpected rebound in the labor market last month highlighted the need for more government aid to shore up the economy.

More than 100,000 people signed a petition by Northern Ireland's Democratic Unionist Party (DUP) in just over 24 hours calling on the British government to remove postBrexit trade barriers between Northern Ireland and the rest of the United Kingdom.

U.S. longterm mortgage rates were flat this week, staying near record lows as the economy remains burdened by the coronavirus pandemic.

Yum Brands Inc beat quarterly estimates for revenue and profit on Thursday as online demand for tacos, pizzas and fried chicken from Americans surged, helping cushion weak sales in certain markets due to renewed pandemicrelated curbs.

Stock markets fought for a fourth day of gains as a near oneyear oil price high, a revitalised dollar and rising bond yields turned attention to inflation and normalising economies.

Prime Minister Modi is the Chairman of Niti Aayog. The council will deliberate on issues related to health, including COVID-19 vaccination programme, labour reforms and state of the economy, the sources said.

In the national capital, the price of petrol was increased by 35 paise from Rs 86.30 per litre to Rs 86.65 per litre, and diesel saw an upward revision from ₹ 76.48 per litre to ₹ 76.83 per litre, according to Indian Oil Corporation.

German carmaker Daimler plans to spinoff Daimler Truck, the world's largest truck and bus maker, as it seeks to increase its investor appeal as a focused electric, luxury car business.

Founded in the year 2012, the company is also known by the nickname “Amazon of Africa” and boasts over 1 billion visits to its marketplace in 2019 and has more than 110,000 active sellers.

Global stock markets surged for a second day on Tuesday, spurred by increased optimism about more U.S. stimulus and recovery, while retail investors retreated from GameStop and their fleeting interest in silver, causing their prices to tumble.

After initially refusing a request from U.S. safety regulators, Tesla has now agreed to recall about 135,000 vehicles because the large touch screens on the console can go dark.