Business
Factbox: ECB President Lagarde's Interpretation Of The Bank's Mandate
The following are key comments by ECB President Christine Lagarde on her interpretation of the ECB's mandate.
This Week: Consumer Confidence, Ford Earns, Home Sales
A look at some of the key business events and economic indicators upcoming this week:
Turkey Extends Exploration In Disputed Mediterranean Area To Nov. 4
Turkey said it was extending the seismic survey work of its Oruc Reis ship in a disputed area of the eastern Mediterranean until Nov. 4, taking a step which was set to fuel tensions in the region.
Exclusive: Biden Wins Major Union Endorsement In Final Days Of White House Race
A major alliance of construction unions on Friday will endorse Joe Biden, giving the Democrat a boost from a crucial bloc of bluecollar voters in the final days of his campaign against President Donald Trump.
AstraZeneca Says Its Oxford Vaccine Deal Allows It To Add Up To 20% Of Manufacturing Costs
AstraZeneca Plc said on Friday its coronavirus vaccine deal with Oxford University will allow it to add up to 20% of manufacturing costs to cover additional expenses required to be incurred by the British drugmaker.
Brazil Suspending Tariffs On Corn And Soy Until 2021
Brazil will suspend tariffs on corn and soy imports from countries outside the Mercosur trade bloc until early next year to help reduce food prices that are pushing up inflation, the economy ministry said on Saturday.
Smart Arithmetic: Centre Agreeing to Take on GST Debt Should Help States' Finances
After several opposition states threatened to take the entire matter to court, the Centre has now come up with a plan that makes it appear as if the Centre is retreating from its earlier combative position. But it isn’t.
US Industrial Production Fell A Sharp 0.6% In September
U.S. industrial production fell 0.6% in September, the weakest showing since industrial output tumbled in the spring when the economy was slowed by widespread lockdowns resulting from the coronavirus.
Coal India Ltd Announces Rs 1,700 Crore Performance-linked Reward to Employees
The payment would be made before October 22, it added. "The total estimated financial implication is a little over Rs 1,700 crore on account of the PLR," it said.
Govt Extends Discount on Cargo Movement Between India and Iran's Chabahar Port to Boost Trade
Chabahar port, located in Iran's Sistan-Balochistan province, lies outside the Persian Gulf and is easily accessed from India's western coast, bypassing Pakistan.
Timeline: Tension Between China And Australia Over Commodities Trade
Australia's ties with top trade partner China soured in 2018 when it became the first country to publicly ban China's Huawei [HWT.UL] from its 5G network, and worsened after Canberra called for an enquiry into the origins of the coronavirus.
Spending Dropped, Savings Dwindled For U.S. Unemployed After Enhanced Benefits Expired - Study
Jobless Americans who received enhanced unemployment benefits during the pandemic were able to boost spending and pad up their savings for a time. But the majority of those savings were spent quickly after emergency benefits expired, a study released on F...
Virus, Stimulus Angst Hit World Stocks As Safe U.S. Dollar Shines
Global shares dropped on Thursday as investors shied from risk and sought safehavens such as the U.S. dollar on fears that a resurgence in coronavirus cases and a lack of more U.S. fiscal stimulus would hobble the world economy.
YouTube Follows Twitter And Facebook With QAnon Crackdown
YouTube is following the lead of Twitter and Facebook, saying that it is taking more steps to limit QAnon and other baseless conspiracy theories that can lead to realworld violence.
Nitin Gadkari Launches Work on Strategic Zoji La Tunnel, Initiates First Ceremonial Blasting
The project holds strategic significance as Zoji La is situated at an altitude of 11,578 feet on the Srinagar-Kargil-Leh National Highway and remains closed during winters due to heavy snowfall.
Adani Green Transfers 205 MW Solar Assets to JV with TOTAL for Rs 1,632 Crore
The transaction underlines AGEL's and TOTAL's commitment to grow the JV platform and deepens their partnership in the renewables space, the statement said.