Business

Oil prices rose 2% on Wednesday, boosted by draws in U.S. inventories of crude, gasoline and distillates that lifted investors' hopes for some return in fuel demand.

U.S. stock index futures rose slightly on Wednesday as investors appeared to have shrugged off President Donald Trump's threat to not sign a COVID19 stimulus bill, while also waiting for a reading on weekly jobless claims and consumer spending data.

When Carlos Ghosn arrived at Nissan in 1999, suppliers took the brunt of costcutting that helped revive the automaker. Two decades later, his successors are trying for another turnaround without the ability to pressure parts makers.

Britain and the European Union have still not clinched a Brexit trade deal as serious issues remain unresolved that prevent Prime Minister Boris Johnson signing up to an accord, a British minister said on Wednesday.

France will reopen its borders to passengers from England on Wednesday, ending a blockade intended to stop the spread of a new coronavirus variant, but which has held up thousands of lorries before Christmas.

Lingering concerns over a new variant of COVID19 in the United Kingdom weighed on a gauge of global equities on Tuesday and sent the euro, pound and Treasury yields lower.

Facebook Inc said on Tuesday it would start allowing users to set up physical security keys as a way to verify their identity before logging into the social network's mobile app, beginning next year.

The U.S. Federal Reserve ordered Credit Suisse on Friday to strengthen its antimoney laundering policies after bank examiners found deficiencies in its U.S. operations.

Norway's supreme court approved the government's plans for Arctic oil exploration on Tuesday, dismissing a lawsuit by campaigners who claimed the scheme violated people's right to a healthy environment.

European shares fell 2% on Monday, the dollar strengthened and market volatility surged amid growing unease over the economic impact of a new coronavirus strain in Britain which has seen several European countries shut their borders to the UK.

Gold climbed to a sixweek high on Monday, driven by news that U.S. congressional leaders reached agreement on a COVID19 aid package, while lockdowns in the United Kingdom soured appetite for riskier assets and added to the metal's support.

In the middle of last year, Tesla's losses were piling up, sales weren't enough to cover expenses and big debt payments loomed. The situation was so bad that one influential Wall Street analyst raised the possibility that Tesla wouldn't be able to pay its...

With food, personal care items, especially hand sanitisers and disinfectants -- the hero products of the pandemic -- managing to push the industry to post positive growth amid the crisis, in 2021, the FMCG industry is looking forward to carry on with the...

Stocks that moved heavily or traded substantially Friday:

With this, RIL and the British multinational oil and gas company have announced the beginning of production from the R Cluster, ultra-deep-water gas field in block KG-D6 off the east coast of India.

Tesla will be the most valuable company ever to join the S&P 500 when it makes its debut in Wall Street's most followed benchmark starting on Monday.