Business

Walmart Inc posted a biggerthanexpected increase in quarterly samestore sales and beat expectations for profit on Tuesday amid a 79% surge in its online business with overall rises in spending on electronics, sporting goods and groceries.

EasyJet's bookings jumped by 50% last week on positive news about a coronavirus vaccine, a brief respite during a pandemic which pushed the British airline to a 1.27 billion pound ($1.68 billion) annual loss, the first in its history.

Saudi Aramco began marketing a fivetranche U.S. dollardenominated bond sale on Tuesday, as the world's largest oil producer seeks cash after low oil prices dented its finances.

Stocks that moved heavily or traded substantially Monday:

The World Health Organization (WHO) said on Monday the challenge of the coronavirus was not a choice between life and livelihoods, but that they were both part of the same fight.

Home Depot Inc said on Monday it would buy HD Supply Holdings Inc in a deal valued at about $8 billion, setting itself up to regain control over the industrial materials wholesaler after spinning it off over a decade ago.

Mastercard Inc said on Monday the U.S. Department of Justice has allowed it to move forward with its $825 million deal to buy fintech firm Finicity.

Wall Street's main indexes rose on Monday after Moderna became the second U.S. company in a week to report positive results from its COVID19 vaccine trial, raising hopes of a quicker economic recovery from a pandemicled recession.

Gold pared losses from a more than 1% dip on Monday as investors weighed immediate concerns over rising coronavirus cases and bets on further economic support even as Moderna became the second drugmaker to declare effective COVID19 vaccine test results.

Home Depot Inc said on Monday it would buy HD Supply Holdings Inc in a deal valued at about $8 billion, setting itself up to regain control over the industrial material wholesaler after spinning it off over a decade ago.

U.S. Securities and Exchange Commission Chairman Jay Clayton will step down from his position at the end of the year, the Wall Street regulator said in a statement on Monday.

The European Commission said on Monday that positive results announced by U.S. biotech firm Moderna for its COVID19 vaccine candidate were encouraging and said the bloc was working to sign more supply deals with vaccine makers.

Boeing Co is set to win approval for its grounded 737 MAX this week, but chinks are appearing in the brand as the most traumatic chapter in the jetmaker's history overshadows the planes' original billing of superlative performance.

Amazon, which had invested Rs 1,431 crore in Future Coupons, is looking to control assets worth over 20 times this sum.

Japan's economy grew at the fastest pace on record in the third quarter, rebounding sharply from its biggest postwar slump, as improved exports and consumption showed the country is recovering from damage caused by the coronavirus pandemic.

China will no longer aim at achieving trade surpluses and solely expanding exports, but will pivot to moderately expanding imports for a balance between inbound and outbound shipments, a senior official from a stateaffiliated think tank said on Sunday.