Business

U.S. Secretary of State Mike Pompeo on Wednesday said the United States was "dismayed" by British bank HSBC's reported actions toward certain Hong Kongrelated accounts, including those linked to prodemocracy publisher Next Media, and said China was "bull...

Plug-in hybrid electric vehicles typically abbreviated as PHEVs make up a very small percentage of vehicle sales, but they can be a smart pick for a certain kind of shopper.

British doorstep lender Provident Financial sank to a firsthalf loss and suspended dividend payments, as it put aside 240 million pounds ($316 million) for an expected surge in bad loans in the coronavirusdriven economic slump.

Oil rose towards $46 a barrel on Wednesday, near the highest since March, lifted by U.S. producers shutting most of their offshore Gulf of Mexico output ahead of Hurricane Laura and a report showing a drop in U.S. crude inventories.

Traders sold government bonds and bought stocks on Wednesday, placing riskier bets on optimism about U.S.China trade and expectations of ample central bank stimulus before a key speech by the U.S. Federal Reserve chairman at Jackson Hole.

Brent crude oil prices rose on Wednesday, lifted by U.S. producers shutting most of their offshore output in the Gulf of Mexico ahead of Hurricane Laura and optimism over ChinaU.S. trade talks.

Bed Bath & Beyond said Tuesday that it's cutting 2,800 jobs at its corporate headquarters and stores about 5% of its overall workforce as the troubled home goods retailer looks to pivot more of its business online.

The U.S. banking industrys second quarter profits fell by 70% from a year ago, the FDIC said Tuesday, as low interest rates and the economic turmoil of the COVID19 pandemic weighed heavily on big and small banks alike.

During October 2019-June 2020, the weighted average lending rate of domestic (public and private sector) banks declined in respect of fresh rupee loans sanctioned for housing loans by 104 basis points (bps), vehicle loans by 102 bps, other personal loans...

The operator of six Burger King outlets in southern China that used expired ingredients has been required to pay more than $400,000 in a case publicized by state TV, a regulator announced Tuesday.

British retailers cut jobs by the largest amount since the depths of the financial crisis during the year to August and expect the pace of losses to accelerate, the Confederation of British Industry said on Tuesday.

Moderna Inc said on Monday it has concluded advanced talks with the European Union to supply 80 million doses of its COVID19 vaccine candidate, which is currently in latestage testing.

Fiat Chrysler is recalling nearly 132,000 vehicles worldwide to fix a problem that could cause some diesel engines to stall.

If a taxpayer is opting for Aadhaar authentication, he will get new GST registration within three working days and will not have to wait for physical verification.

Rio Tinto said on Monday it will cut the shortterm bonuses of some senior executives but stopped short of leadership overhaul following review of the company's destruction of two ancient caves in Australia.

The COVID19 pandemic has forced sovereign wealth funds to think the previously unthinkable.