Business
Wall Street Firms Drop Sanctioned Chinese Companies As U.S. Enforces Ban
Wall Street institutions in Hong Kong said they are reducing exposure to Chinese companies named in a U.S. ban on investments in companies Washington considers linked to China's military before the rules comes into force later on Monday.
Exclusive-Tesla Hunts For Design Chief To Create Cars For China
Tesla Inc is searching for a design director in China, part of efforts to open a "fullfunction" studio in Shanghai or Beijing and design electric cars tailored to Chinese consumer tastes, according to three people with knowledge of the matter.
Applying For Your First Credit Card? Here's What You Should Know
Applicants must be 18 years of age and have a minimum income between 1 lakh and 3 lakh to be eligible.
Chip Shortage Forces Ford, Toyota, Nissan, FCA To Cut Vehicle Production
Ford Motor Co, Toyota Motor Corp, Fiat Chrysler Automobiles and Nissan Motor Co Ltd said on Friday they would cut vehicle production this month due to a shortage of semiconductors, becoming the latest automakers hit by a chip crunch as demand rebounds fro...
Global Equities Soar To New Records, Bonds Hit 11-month Lows, On Stimulus Hopes
A global equities rally pushed Japan's Nikkei and U.S. stock benchmarks to new records on Friday while safe havens such as Treasuries and gold sold off as investors looked past political unrest in the United States and focused on further stimulus plans to...
China Central Bank Will Prioritise Monetary Policy Stability In 2021 - Xinhua
China will prioritise stability in monetary policy in 2021, and any steps to exit stimulus measures will have a small impact on the economy, the Xinhua news agency on Friday quoted central bank governor Yi Gang as saying.
Oil Rises Above $55, Set For Weekly Gain On Saudi Output Cut
Oil prices hit 11month highs and were on track for a weekly gain on Friday, supported by Saudi Arabia's pledge to cut output and a global stocks rally as investors looked beyond rising coronavirus cases.
Hyundai Says In Early Talks With Apple After Electric Vehicle Tieup Report
South Korea's Hyundai Motor Co said on Friday it was in early talks with Apple after a domestic broadcaster said the firms were discussing an electric car and battery tieup, sending Hyundai shares surging 25%.
Venture Capital Hits Record High In U.S. In 2020 Despite Pandemic
Venture capital backed companies in the United States raised nearly $130 billion last year, setting a record despite the COVID19 pandemic, figures from data firm CB Insight released on Friday show.
Gold Rate Decreases in Kolkata by Rs 310; Check Out Rates in Your City
After an increase of Rs 10 per 10 grams in the price of gold, the rate in Chennai of 22-carat of the metal is Rs 48,060. However, if you want to purchase 24-carat gold in the city, you would be paying Rs 52,420 for 10 grams.
EU May Ask Too High A Price For Financial Services Trade, BoE Warns
Britain should not submit to the European Union's financial services rules just to get better access to the bloc's market after Brexit, Bank of England Governor Andrew Bailey said on Wednesday.
EPA: Gas Mileage Dropped, Pollution Rose For 2019 Vehicles
A new government report says gas mileage for new vehicles dropped and pollution increased in model year 2019 for the first time in five years.
NYSE To Delist Three Chinese Telecom Firms, Reversing Course Again
The New York Stock Exchange said on Wednesday it will delist three Chinese telecom companies from Jan. 11, in another Uturn a day after U.S. Treasury Secretary Steve Mnuchin told the NYSE chief he disagreed with its earlier decision to reverse the delisti...
FM Reviews Progress of Projects Worth Rs 3.6 Lakh Crore Under National Infrastructure Pipeline
The projects are being implemented by the Ministry of Health and Family Welfare, and the Department of Water Resources, River Development and Ganga Rejuvenation.
Discussions With Farmers Opportunity to Explain Them Benefits of Agri Laws, Says Piyush Goyal
The minister said he sees these discussions with protesting unions as an opportunity to explain to them the benefits of these legislations for farmers, their families and the entire country.
Biggest Drop In UK New Car Sales Since World War Two
British new car sales fell nearly 30% last year in their biggest annual drop since 1943 as lockdowns to curb the spread of the coronavirus hit the sector, an industry body said on Wednesday.