Business
Exclusive: Japan To Keep Funding Domestic Tourism Campaign Under New Stimulus Package - Draft
The Japanese government plans to keep setting aside money to promote domestic tourism and dining out in its next stimulus package, according to a draft of the upcoming package seen by Reuters, even as rising COVID19 infections have prompted concern about...
UniCredit CEO Steps Down In Clash With Board
Italy's UniCredit said Chief Executive Jean Pierre Mustier will step down in April next year after clashing with the bank's board over strategy.
Oil Drops As OPEC+ Delays Talks, Raising Supply Alarm
Oil prices fell on Tuesday as concerns over mounting supply returned to the fore after leading producers delayed talks on 2021 output policy that could extend cuts as the coronavirus pandemic continues to sap fuel demand.
Gold Price Stands at Rs 48,240 on December 1, Silver Costs Rs 59,100
In Delhi and Mumbai, 22-carat gold costs Rs 46,850 per 10 gram and Rs 47,240 per 10 gram, while 24-carat gold can be bought at Rs 51,100 per 10 gram and Rs 48,240 per 10 gram.
Oil Falls As OPEC+ Talks Delays Raise Supply Concerns
Oil prices slipped on Tuesday amid concerns over mounting supply after leading producers delayed talks on 2021 output policy that could extend production cuts as the coronavirus pandemic continues to sap fuel demand.
Tesla To Be Added To Benchmark S&P 500 Index In One Stage
Tesla will be added to the benchmark S&P 500 index on a single day next month, rather than over two days as previously contemplated.
Zoom Reports Big 3Q Gains, But Slowing Growth Sinks Stock
Zooms videoconferencing service remains a fixture in pandemic life, but its breakneck growth is showing signs of tapering off as investors debate whether the company will be able to build upon its recent success after a vaccine enables people to interming...
Fewer Americans Sign Contracts To Buy Homes In October
The number of Americans signing contracts to buy homes fell for the second consecutive month as lack of available homes continues to stifle house hunters.
Fed Says Extending Four Emergency Liquidity Programs To March 31, 2021
The U.S. Federal Reserve said Monday it is extending emergency liquidity programs for the commercial paper and other key financial markets through March 31, a step to help financial markets plan through the start of the next year as the economy recovers f...
EU Proposes New Post-Trump Alliance With US in Face Of China Threat: Report
The plan proposes rebuilding ties with common fronts on issues from digital regulation to tackling the COVID-19 pandemic, the FT said.
DLF Sells Nearly 90 Independent Floors in Gurugram for Over Rs 300 Crore
The COVID-19 pandemic has led people to think about home ownership, he had said. DLF's sales bookings in the first half of this fiscal crossed Rs 1,000 crore as sales in the second quarter rose sharply to Rs 853 crore from Rs 152 crore in the previous qua...
From Small Businesses to Farmers, Middle India is Driving Demand in the Times of Coronavirus
Increased demand for air travel and hotel stays by small business owners, accompanied by a rise in rural incomes and spending after two good monsoons, is helping the pandemic-hit Indian economy slowly recover.
Brazil Unemployment Rate Hits Record High 14.6%, As People Return To Look For Work
The number of registered Brazilians out of work and the national unemployment rate rose to the highest on record, official figures showed on Friday, as the easing of COVID19 lockdown measures encouraged people to look for work again.
Hyundai, Kia Agree To $210 Million U.S. Auto Safety Civil Penalty
Hyundai Motor Co's and Kia Motors Corp's U.S. units on Friday agreed to a recordsetting $210 million civil penalty after U.S. auto safety regulators over the untimely recalls of 1.6 million engines for fire risks.
Asian LNG Spot Prices Rise On Oil Surge And Heating Demand
Asian spot prices for liquefied natural gas (LNG) rose this week, driven by a surge in oil prices and a potentially colder start to winter and higher heating demand.
Wall St Rises, Nasdaq Hits Record High On Recovery Hopes
Wall Street's main indexes rose and the Nasdaq hit a record high on Friday as optimism around an economic rebound next year outweighed concerns around an expected surge in coronavirus infections following the Thanksgiving holiday.