Business
Amazon Accuses Future of Insider Trading as it Seeks to Block Reliance Deal
The US giant has been pressing the Securities and Exchange Board of India (SEBI) to review Reliance's August deal to buy retail, logistics and other assets from Future Group for $3.4 billion including debt.
EU Parliament, Governments Reach Deal On EU 2021-2027 Budget
Negotiators from the European Parliament and EU governments agreed the details of the 20212027 EU budget on Tuesday, in a crucial step for the activation of the bloc's 1.8 trillion euro (£1.6 trillion) recovery package to make the economy greener and more...
Ericsson Shares Fall After 2022 Margin Target Left Unchanged
Ericsson on Tuesday set some new longterm financial goals but left its 2022 operating margin target unchanged, driving down the telecom equipment maker's shares.
Asian Stocks Extend Gains As Vaccine Hopes Support Global Reopening
Asian shares rose on Wednesday as hopes for a successful coronavirus vaccine lifted expectations of a swift reopening of the global economy, which would help the region's heavily tradedependent markets.
The S&P 500 Retreats, Crude Gains As Vaccine Hopes Boost Recovery Bets
The S&P 500 and the Nasdaq retreated on Tuesday and oil prices extended the previous session's surge as promising developments toward an effective COVID19 vaccine led investors away from market leaders and toward cyclical stocks associated with economic r...
Gold Rises More Than 1% On Stimulus Bets And Economic Woes
Gold regained some lost ground on Tuesday after a sharp fall in the previous session as concerns over global economic recovery and expectations of further fiscal and monetary stimulus offered support to the safehaven metal.
Oxford Ups COVID-19 Testing Capacity With Thermo Fisher Deal
The University of Oxford has partnered with U.S.based Thermo Fisher Scientific to ramp up its capacity to deliver COVID19 testing data and help collect and quantify immune responses in its vaccine trials, the university said on Tuesday.
How Pfizer Vaccine Could Be Cold Comfort For Some Asian Nations
With tropical heat, remote island communities and a dearth of ultracold freezers, many Asian countries aren't betting on Pfizer's experimental vaccine solving their COVID19 crisis any time soon.
U.S. Voices Disappointment On EU Move To Impose Tariffs
U.S. Trade Representative Robert Lighthizer on Monday expressed disappointment about the European Union's decision to impose tariffs on U.S. planes and other goods, but refrained from threatening to respond with further U.S. action.
Oil Prices Drop As Near-term Demand Concerns Overshadow COVID-19 Vaccine Hopes
U.S. oil prices fell in early trade on Tuesday as concerns over demand in the near term in coronavirushit economies in Europe and the United States returned to haunt the market after an overnight surge on progress towards a COVID19 vaccine.
Hyundai Looks Ahead To New SUVs In 2021 - And Urban Air Taxis By 2028
South Korean automaker Hyundai Motor Co is supercharging its product portfolio next year with the introduction of several new SUVs, while looking even farther out to the launch of its first urban air taxis toward the end of the decade, the company's top...
Global Markets: Stocks Hit Record Highs, Crude Prices Jump, On Vaccine Progress
Wall Street followed world equity indexes to record levels and crude prices surged on Monday, as promising developments toward a coronavirus vaccine and the prospect of improved trade relations under Presidentelect Joe Biden gave a jolt to investor risk a...
Claims Through Affidavit Form Now No Longer Required Under Atal Beemit Vyakti Kalyan Yojana
The ministry said the decision was taken after it found that the process of submitting claims in Affidavit Form was causing inconvenience to the claimants.
Air Bag Fragments Kill Volvo Driver, Touching Off Recall
Metal fragments from an exploding air bag inflator killed the driver of an older Volvo, touching off a U.S. recall of up to 54,000 cars, regulators said Saturday.
Macron Speaks With CEOs To Promote Investment In France
French President Emmanuel Macron has turned to international CEOs to promote Frances recovery plan aimed at saving jobs and pave the way for a greener, more competitive economy as the country is struggling amid the virus crisis.
CVS Health CEO Larry Merlo To Step Down Next Year
CVS Health Corp Chief Executive Officer Larry Merlo will retire after a decadelong tenure at the helm of the company during which he led the $69 billion acquisition of one of the oldest U.S. health insurer, Aetna.