Business

Chief Economic Adviser KV Subramanian said the country will witness better performance in the subsequent quarters, adding indicators like rail freight traffic and electricity consumption are pointing to a recovery.

Gold prices edged up on Monday as the U.S. dollar weakened, although record high equities capped bullion's gains and set it for its first monthly decline in five.

Walgreens is adding the former leader of rival drugstore chain Rite Aid to its executive team.

GlaxoSmithKline and partner Vir Biotechnology have started testing their experimental antibody on earlystage COVID19 patients, entering the race to find a winner in a promising class of antiviral drugs to combat the pandemic.

World stocks hovered near record highs on Monday and were set to end August with five consecutive months of gains, as investors bet on central banks keeping up the policy punchbowl for years to come.

French water and waste firm Veolia is offering to buy a 29.9% stake in its smaller peer Suez from French gas and power utility Engie for 2.9 billion euros, saying it aims to create a "world champion of ecological transformation".

All retailers in England will charge for singleuse plastic carrier bags from next April with the price doubling to 10 pence ($0.13), the government said on Monday as it stepped up efforts to reduce plastic waste.

Sanofi's confidence in its coronavirus vaccine candidates has increased this summer as the French drugmaker prepares to start clinical trials, its chief executive told Reuters.

Elon Musk isn't content with electric cars, shooting people into orbit, populating Mars and building underground tunnels to solve traffic problems. He also wants to get inside your brain.

Federal safety officials are proposing a civil penalty of nearly $1.6 million against the city of Chicago after a plane slid off any icy runway at OHare Airport last November.

The S&P 500 rallied for the seventh straight session on Friday, powered by tech stocks, prospects of superlow interest rates for a prolonged period and hopes of a medical solution to the COVID19 pandemic.

U.S. consumer spending increased more than expected in July, strengthening expectations for a sharp rebound in economic growth in the third quarter, though momentum is likely to ebb as the COVID19 pandemic lingers and fiscal stimulus dries up.

Coca-Cola is offering voluntary buyouts to about 4,000 people to reduce the number of layoffs it says will take place as it streamlines operations.

Funds recommended equity holdings be trimmed to the lowest in over four years in August, despite recordbreaking gains by world stocks, as the pandemic drags on and new data suggest the nascent economic rebound is stalling, Reuters polls found.

A number of irregularities have been reported regarding changes to the data in the Doing Business 2018 and Doing Business 2020 reports, published in October 2017 and 2019. The changes in the data were inconsistent with the Doing Business methodology, the...

Gold rose on Friday, having declined over 1% in the previous session, as persistent concerns over the pandemicled economic slump boosted the metal's appeal, although gains were restricted by a jump in U.S. Treasury yields.