Business

To boost 'self-reliant India' endeavour, Nitin Gadkari urged the industry to identify the sectors heavily reliant on imports, particularly from China, and look for substitutes towards indigenous production to make India a super power.

A U.S. district judge on Friday denied bail to two Massachusetts men accused of helping orchestrate former Nissan Motor Co Chairman Carlos Ghosn's escape from Japan.

Federal employees overseeing Boeing and other aircraft makers say they face pressure from the companies and fear retribution from their own bosses if they raise too many safety concerns, according to a survey of the workers that was delivered to Congress...

U.S. consumer borrowing rose in June after three months of declines but the key category of credit card debt extended its decline.

Japan's Government Pension Investment Fund (GPIF) said on Friday it earned a firstquarter investment return of 12.49 trillion yen ($118.4 billion) as global stock markets rallied, following its record quarterly investment loss in the previous quarter.

Indian oil explorer ONGC has sold a Russian Sokol crude cargo loading Oct. 1016 at a spot premium of around 7080 cents a barrel to Dubai quotes, the lowest since May, trade sources said on Friday.

World stock markets tumbled on Friday after U.S. President Donald Trump ratcheted up alreadyheightened tensions with Beijing by banning U.S. transactions with two popular Chinese apps, Tencent's WeChat and ByteDance's Tiktok.

Oil prices slipped on Friday, adding to losses in the previous session, on worries that fuel demand growth will drop amid a resurgence of coronavirus cases and as talks have stalled in the United States on a new stimulus deal.

Microsoft Corp is chasing a deal to buy all of TikTok's global business, the Financial Times reported on Thursday, citing five people with knowledge of the talks.

Bombardier Inc aims to double deliveries of its flagship business jet during the back half of 2020 and break even this year on free cash, after the company missed on quarterly earnings Thursday, hurt by higher rail costs and COVID19.

Britain's construction industry grew at the fastest rate in almost five years in July as business picked up after COVIDrelated shutdowns, survey data showed on Thursday, mirroring a rapid rebound in manufacturing and parts of the services sector.

Abu Dhabi's Etihad Airways said its core operating loss deepened to $758 million in the first half of the year as passenger traffic fell by nearly 60% due to the coronavirus pandemic.

Approvals for a potential COVID19 vaccine later this year could threaten the recent surge in speculative investment in big U.S. technology companies and pull investors back towards more traditional growthlinked cyclical stocks, according to analysts at Go...

Japan's Nintendo Co Ltd on Thursday reported a more than fivefold jump in quarterly profit, driven by breakout demand for its Switch device and hit title "Animal Crossing: New Horizons" as the coronavirus lockdown lifts the games industry.

ING Groep NV, the largest Dutch financial group, on Thursday reported secondquarter pretax profit fell by 73% to 542 million euros ($644 million), as it took 1.34 billion euros in provisions for bad loans amid the coronavirus pandemic.

South African mobile operator MTN Group will exit the Middle East in the medium term, it said on Thursday, starting with the sale of its 75% stake in MTN Syria, as part of plans to focus on Africa.