Business

Federal safety officials said Wednesday they stepping up enforcement against unruly airline passengers after confrontations on flights to and from Washington, D.C., around the time of the riot at the U.S. Capitol by supporters of President Donald Trump.

Oil prices fell on Wednesday, pulling back from recent gains, on concerns that rising global COVID19 will hamper global fuel demand.

Wall Street's main indexes were set to open lower on Wednesday as investors digested a recent rally to record highs on bets of a snapback in economic activity fueled by more fiscal stimulus and vaccine rollouts.

Gold prices eased on Wednesday, reversing earlier gains, as the dollar firmed and U.S. yields held close to recent highs, with investors awaiting for more details on American fiscal stimulus measures.

Top mutual fund firm Vanguard Group has sold its stakes in certain Chinese securities to comply with a United States ban on Americans from investing in companies it deems to have links with China's military.

Asian stocks opened mostly higher on Wednesday, tracking modest Wall Street gains as prospects of an eventual victory against coronavirus shored up recovery hopes, while tight supply expectations pushed oil prices to their highest in a year.

Increasing debt distress in emerging markets means that China, now the world's largest official creditor, will need to start restructuring debts in the same way that Paris Club lenders did in past crises, World Bank Chief Economist Carmen Reinhart told t...

Anyone flying to the U.S. will soon need to show proof of a negative test for COVID19, health officials announced Tuesday.

French automaker Renault said on Tuesday its worldwide sales fell by 21.3% last year, underperforming a decline in the global automotive market triggered by the COVID19 pandemic and a slowdown in world economies.

Deutsche Post said on Tuesday it expects operating profits to rise in 2021 and 2022 after a jump by 56% in the fourth quarter as the coronavirus pandemic prompted a surge in ecommerce and parcel shipments.

Almost one in three workers in the oil and gas industry faced pay cuts in 2020, a worldwide survey showed on Tuesday, as the coronavirus crisis drove down fuel demand and prices.

Gold ticked higher on Tuesday as Asian stocks slipped on political ferment in Washington and a global surge in coronavirus cases, although a firmer dollar and higher U.S. Treasury yields limited gains.

Oil prices steadied on Monday after strong gains last week, as tough coronavirus lockdowns around the world renewed concerns about global fuel demand, while a stronger U.S. dollar also weighed on prices.

Bristol Myers Squibb said on Monday that its current drug pipeline has the ability to replace up to $25 billion a year in lost revenue from patent expirations by the end of the decade.

NCR Corporation on Monday offered to buy Cardtronics Plc for about $1.73 billion in cash, threatening to derail the ATM operator's acquisition by private equity firm Apollo Global and investment firm Hudson Executive Capital.

World shares came off record highs on Monday as caution over rising coronavirus cases saw some profittaking from investors, while elevated Treasury yields helped the dollar hit its highest levels in over two and a half weeks.