Business

Last month majority Blackowned banks City First Bank of Washington DC and Broadway Financial of Los Angeles said they would merge to create the U.S.s largest minority deposit institution, or MDI.

The objectives sought to be achieved are exponentially faster clearance of goods, reduced interface between trade and Customs officers and enhanced ease of doing business.

The chances of Britain leaving the European Union without a trade deal have risen sharply as negotiations have been threatened by London's insistence that it have full autonomy over its state aid plans, negotiators and diplomats said.

Auto industry body SIAM on Friday said its members have elected Maruti Suzuki MD and CEO Kenichi Ayukawa as its new president for a twoyear term. The executive committee of Society of Indian Automobile Manufacturers (SIAM), the apex body of the Indian...

Telecom operator Vodafone Idea on Friday said its board of directors has approved plans to raise up to Rs 25,000 crore. The funds will be raised through a combination of equity and debt instruments and the total fundraising will not exceed Rs 25,000 cr...

: Muse Wearables, an IIT Madras incubated technology startup on Friday unveiled artificial intelligence powered personal wellness smart band 'Muse Cue' that would alert users on COVID19 symptoms besides offering a host of a features, a company official...

Wall Street's 'fear gauge' is soaring again, as investors spooked by Thursday's market decline rushed to load up on options protection, but analysts said the intensity of the move in volatility does not necessarily point to a market crash.

Nokia Oyj's largest investor, the Finnish government's investment firm Solidium, has increased its stake to just over 5% for the first time, from about 4.8%, according to a regulatory filing.

Asian stocks were set to open in the red on Friday, after Wall Street's benchmarks posted their biggest oneday declines in nearly three months as new fears about the economy sent investors into bonds and safehaven currencies.

Stocks that moved heavily or traded substantially Thursday:

Wall Street's main indexes tumbled on Thursday, heading for their worst day since June as investors dumped highflying technologyfocused stocks, while economic data highlighted concerns about a long and difficult recovery.

U.S. drugmaker Pfizer said it should know by the end of October whether a COVID19 vaccine it is developing is successful, and will submit it for approval immediately if that is the case.

Fiat Chrysler's Jeep brand is starting to offer gaselectric hybrid and eventually full electric powertrains across its lineup.

Asian equities started strong on Thursday as a sustained recovery in China's services sector and the prospect of additional U.S. stimulus whetted risk appetite, while the dollar pared gains.

The observations from a two-member NCLAT bench came as it upheld an order of the National Company Law Tribunal (NCLT), which on November 26, 2019, had dismissed the plea by an individual Rita Kapur seeking initiation of insolvency proceedings against Inve...

The department said the data on cash withdrawal had indicated that huge amount of cash is being withdrawn by persons who have never filed income tax returns.