Business

ViacomCBS will rebrand its CBS All Access streaming service as Paramount Plus, set to debut early next year with new, original shows.

Italy's biggest insurer Generali has joined calls from investors and businesses for EU leaders to raise greenhouse gas reduction targets to at least 55% by 2030.

Britain's unemployment rate rose for the first time since the coronavirus lockdown began in March, sending a warning signal ahead of an expected surge in job losses when a huge government job subsidy programme expires next month.

During ensuing KMS 2020-21, procurement estimates for Tamil Nadu and Maharashtra have jumped by 100 per cent and more, and for Madhya Pradesh, Telangana, Bihar and Jharkhand are higher by 50 per cent and more in comparison to KMS 2019-20.

The European Union is set to delay a decision on allowing clearing houses in London to continue clearing euro transactions for EUbased clients due to Britain's plan to breach part of the Brexit divorce settlement, a derivatives industry source said.

Cloudbased data warehouse firm Snowflake Inc, backed by venture capital firm Sequoia, said on Monday it expects to raise about $3.08 billion in its initial public offering, in what could be the biggest U.S. listing so far in 2020.

Britain is on course to suffer the biggest increase in redundancies in a generation in the second half of 2020, based on layoff notifications by employers hit by the coronavirus shock to the economy, a think tank said on Monday.

On the domestic equity market front, the 30-share BSE benchmark Sensex was trading 299.17 points higher at 39,153.72, and the broader NSE Nifty advanced 81.75 points to 11,546.20.

Energy producers and communities along the U.S. Gulf Coast organized evacuations of residents and offshore workers on Sunday as they prepared for the second hurricane strike in less than a month.

Investors are shifting their focus to the Federal Reserve’s monetary policy meeting next week as they seek cues following a recent technologyled U.S. market selloff.

Sources said the 42nd meeting of the Council has been postponed since Parliament would be in session.

The decline in GDP growth by around 8 per cent would also be associated with a decline in the gross fixed capital formation, the agency said.

The European Commission will propose that the European Union sets a 2030 target to cut its net greenhouse gas emissions by "at least 55%" against 1990 levels, according to an internal document seen by Reuters.

Europe's creative industry has criticised the European Commission's consultation on new EU copyright rules for departing from the original directive agreed last year and being unworkable.

Brent crude was down 8 cents, or 0.2%, at $39.98 a barrel by 0110 GMT, after falling nearly 2% on Thursday, while U.S. crude was off by 2 cents at $37.28 a barrel, having fallen 2% in the previous session. Both major benchmarks were headed for a second w...

A couple hundred flight attendants and pilots rallied this week on Capitol Hill and tweeted at lawmakers, asking them for $25 billion in additional federal funds to prevent airline furloughs next month.