Business
Britain And Canada Sign Post-Brexit Rollover Trade Deal
Britain and Canada struck a rollover trade deal on Saturday to protect the flow of $27 billionworth of goods and services between them after Brexit, and vowed to start talks on a bespoke agreement next year.
Exclusive: Zurich Insurance Nears $4 Billion Deal For MetLife Unit - Sources
Switzerland's Zurich Insurance Group AG is in advanced talks to acquire MetLife Inc's U.S. property and casualty (P&C) car and home insurance unit for close to $4 billion, according to people familiar with the matter.
Kia Motors Workers In South Korea To Stage Partial Strike Over Wages, EV Plans
Unionised workers at Kia Motors Corp in South Korea will launch a partial strike on Nov. 24 over wages and worries about job security as the automaker pursues plans to produce electric vehicles (EV), Kia's union said on Thursday.
Wipro Sets December 11 as Record Date for Share Buyback
In a filing on Tuesday, Wipro said the voting from shareholders, which started on October 18 and ended on November 16, saw 99.78 per cent of the votes being cast in favour of the buyback offer.
De Beers Diamond Sales Rise As Demand Recovers From COVID-19 Hit
Sales of rough diamonds at De Beers rose more than 12% in the latest sales cycle, its parent Anglo American said on Wednesday, as demand improves on the back of easing COVID19 restrictions and ahead of the December festive season.
Target Beats Estimates As Same-day Delivery Boosts Online Demand
Target Corp blew past analyst expectations for quarterly profit and sales on Wednesday as more Americans used the retailer's quickdelivery services to buy everything from electronics to home goods during the COVID19 pandemic.
New York Fines NRA, Imposes Five-year Ban On Insurance Sales
The National Rifle Association agreed to a fiveyear ban on doing insurance business in New York state and will pay a $2.5 million civil fine to settle charges it offered insurance to members without a license and concealed how it routinely kept some premi...
Maersk Confident About Shipping Recovery Beyond 2020
Shipping group Maersk said on Wednesday it is confident about the outlook for shipping beyond 2020 as a second wave of coronavirus infections has only had a limited impact on global freight volumes.
UK Electric Van Startup Arrival To Get U.S. Listing At $5.4 Billion Valuation
British electric van startup Arrival has agreed to merge with CIIG Merger Corp to get a U.S. listing at a market valuation of about $5.4 billion, it said on Wednesday.
GM Will Announce Boosted Spending Plans For EVs On Thursday - Sources
General Motors Co will roll out details of an expanded and accelerated electric vehicle strategy on Thursday in an effort to convince investors it can be a serious competitor to Tesla Inc, people familiar with the plans said.
Franklin Templeton Mutual Fund's Six Shut Schemes Garner Rs 941 Crore in Fortnight
Franklin Templeton MF shut six debt mutual fund schemes on April 23, citing redemption pressures and lack of liquidity in the bond market. The six schemes received Rs 941 crore from maturities, pre-payments and coupon payments during the period October 30...
FAA Poised To Clear Boeing 737 Max To Fly Again
The Federal Aviation Administration is expected on Wednesday to clear Boeings 737 Max to fly again after grounding the jet for nearly two years due to a pair of crashes that killed 346 people.
Global Markets: Asia Stocks Set For Sluggish Start After Wall Street Declines
Asian equities were set for a sluggish open on Wednesday, tracking a lower Wall Street session as concerns over rising coronavirus cases and fresh lockdowns dampened the euphoria from vaccine trial breakthroughs.
Toilet Paper Limits, Empty Shelves Are Back As Virus Surges
Looking for toilet paper? Good luck.
Saudi Aramco Gets $8 Billion With Jumbo Five-part Bond Deal
Saudi Aramco was set to raise $8 billion (£6 billion) from a fivepart bond deal on Tuesday as the world's largest oil producer seeks cash after low oil prices dented its finances.
Gold Range-bound As Vaccine Cheer Offsets Pandemic Resurgence
Gold inched down but held in a narrow range on Tuesday, as a weaker dollar and concerns about mounting coronavirus cases and their impact on the economy vied with optimism about the race to deliver a vaccine.