Business

Electric vehicles (EVs), benefiting globally from a push for tighter emissions controls, are facing challenges after a global string of fires from overheating batteries.

A gauge of global stocks held near a record on Tuesday, even as rising coronavirus cases raised concerns about fresh lockdown measures and tamped down recent optimism over promising vaccine trial results.

The S&P 500 and the Dow retreated from record closing highs on Tuesday as surging cases of COVID19 and the growing threat of a fresh round of economic lockdowns and weak retail sales data dampened the euphoria caused by potential vaccine breakthroughs.

When I hear financial tips that are unrealistic or shame-inducing, I cringe. Any advice that makes complicated money moves seem like an easy path to profit is downright dangerous.

Vodafone's European towers unit, which is currently gearing up for a stock market listing, on Tuesday said it expects pro forma adjusted core earnings of up to 540 million euros ($640 million) in its 2021 financial year.

Britain will face a growing skills shortage over the next decade if it does not start retraining and reskilling workers for the shift to a digitalbased economy which has been sped up by the COVID19 pandemic, a McKinsey report said on Monday.

New capital rules for banks and investment firms will be implemented at the start of 2022, six months later than originally indicated to give industry more time to prepare, the British authorities said on Monday.

Volkswagen plans to invest 1 billion euros ($1.18 billion) in its Slovak plant, including 500 million euros to produce nextgeneration Passat and Skoda Superb models, VW Slovakia Chairman Oliver Gruenberg said on Monday.

Israel's economy put on a blistering burst of growth in the third quarter, expanding an annualised 37.9% as consumer spending, exports and investment took off after being hit hard by the coronavirus pandemic in the first half of the year.

Indonesian companies have signed a $1 billion agreement with Australian healthcare providers Docta and Aspen Medical to build hospitals and clinics in the Southeast Asian country's most populous province of West Java, officials said on Monday.

Simon Property Group, the nation's biggest mall owner, has negotiated a lower price to purchase a controlling interest in Taubman Centers in a deal that was nearly killed by the coronavirus pandemic.

Australia hopes that an ambitious trade deal to be signed on Sunday between 15 AsiaPacific economies will help improve the country's strained relations with China, Australia's Trade Minister Simon Birmingham said.

The S&P 500 notched a record closing high on Friday with upbeat earnings reports helping to drive optimism about the economy along with hopes for successful COVID19 vaccines, even as investors monitored a surge in virus cases and restrictions around the c...

Wall Street jumped on Friday as encouraging earnings stoked risk appetite and Presidentelect Joe Biden's COVID advisory team said it was not considering a nationwide shutdown, but oil prices slid as Libyan output rose and investors worried the resurgent p...

Insurers in Britain risk being optimistic in estimating losses from COVID19 related claims and should stress test their underlying assumptions, the Bank of England said on Friday.

Amid intense scrutiny of the roles company officials played in an alleged $60 million bribery scheme to obtain a $1 billion bailout for two aging nuclear power plants, Ohio's largest electric utility has announced a goal to become carbon neutral by 2050 w...