Business
Shares advance in Asia after S&P 500 logs all-time high
Asian shares were mostly higher Wednesday after the S&P 500 logged a fresh all-time high.
A US WeChat ban could hurt many in America, not just China
For millions of people in the U.S. who use the Chinese app WeChat, it's a lifeline to friends, family, customers and business contacts in China.
Reliance Retail Acquires Majority Stake in Digital Pharma Marketplace Netmeds for Rs 620 Cr
Netmeds is a fully licensed e-pharma portal which offers authenticated prescription and Over the Counter (OTC) medicine along with other health products.
Paid Rs 195 Cr AGR-related Dues, Including Spectrum Sharing Charges, Reliance Jio Tells SC
A bench of Justices Arun Mishra, S Abdul Nazeer and MR Shah which would continue hearing in the matter on Wednesday.
China says US damaging global trade with Huawei sanctions
China accused Washington of damaging global trade with sanctions that threaten to cripple tech giant Huawei and said Tuesday it will protect Chinese companies but gave no indication of possible retaliation.
Britain's M&S to cut 7,000 jobs in latest blow to retail sector
Marks & Spencer will cut a further 7,000 jobs, it said on Tuesday, as the COVID19 crisis deals another blow to Britain's beleaguered retail sector.
Hit by Covid-19 Cases, Starbucks Korea Cuts Seat Capacity, Delays Event
Starbucks Korea, a joint venture between Starbucks and the country's retail giant E-Mart Inc, has reduced seating capacity by more than 30% in all its stores in Seoul city, Gyeonggi province and Busan city after authorities on Sunday reimposed tighter soc...
Australia's Westpac scraps dividend as coronavirus crisis squeezes capital
Westpac Banking Corp scrapped its interim dividend on Tuesday, becoming the first major Australian bank to officially cancel a shareholder payout amid the coronavirus crisis, knocking its share price lower.
U.S. West power prices at record high as California eyes more outages
Electric prices in the U.S. West soared to record highs as California consumers prepared for more outages on Monday after the grid operator ordered utilities to shut power over the weekend to reduce system strain during a brutal heat wave.
U.S. homebuilder confidence matches record high
U.S. home builder confidence rose for a third straight month in August to match a record high as recordlow interest rates spur a surge in customer traffic, especially in suburban markets that are growing in appeal as a result of the coronavirus pandemic,...
Japan stocks fall after economy contracts, other markets up
Japanese stocks sank while other Asian markets gained Monday after Japan reported a record economic contraction as the coronavirus pandemic weighed on retailing, investment and exports.
Wall Street Weekahead: Biden victory? Disputed election? Wall Street prices in November outcomes
Investors are girding their portfolios for market moves ahead of the U.S. presidential vote, as election season kicks into higher gear with the Democratic National Convention in the coming week.
Infosys Fines Independent Director for 'Inadvertent Trade' by Spouse's Portfolio Manager
Based on Bobby Parikh's submission, the Audit Committee has concluded that this was an inadvertent trade made without intent to violate the company's insider trading policy or the Sebi's Prohibition of Insider Trading Regulations, 2015 (PIT Regulations),...
Pressure grows on Norway's new wealth fund chief to divest hedge fund stake
The businessman appointed to lead Norway's $1.1 trillion sovereign fund should not be allowed to take up the job unless he divests his holdings in a hedge fund, the opposition Labour Party told daily VG and broadcaster NRK on Friday.
U.S. retail sales miss expectations in July, may slow further in months ahead
U.S. retail sales in July increased less than expected as consumers cut back on purchases of motor vehicles and could slow further in the months ahead amid spiraling new COVID19 infections and a reduction in unemployment benefit checks.
World shares sink as data points to tepid economic revival
Global shares dipped on Friday as euro zone data offered little cheer for investors already worried about lacklustre Chinese economic numbers and a delay in U.S. fiscal stimulus.