Business

Spanish oil and gas group Repsol reported a 7 million euro ($8.27 million) adjusted net profit for the third quarter on Thursday as crude prices recovered, edging back into positive territory after a deep loss in the second quarter.

Panasonic Corp reported an 11% increase in secondquarter operating profit on Thursday, beating analyst estimates, helped by solid performance from its Tesla Inc battery business.

President Donald Trump and Democratic rival Joe Biden are set to chase votes in Florida, a state all but essential to the Republican's pathway to another term as both nominees turn their focus to encouraging voters to turn out on Election Day.

The World Trade Organization's bid to select a new leader was plunged into uncertainty on Wednesday after the United States rejected the Nigerian woman proposed as the global trade watchdog's next directorgeneral.

Oil prices dropped 5% to a threeweek low on Wednesday as surging coronavirus infections in the United States and Europe is leading to renewed lockdowns, fanning fears that the unsteady economic recovery will deteriorate.

Italian regulators opened an investigation Wednesday into Google over alleged abuse of its dominant role in the country's online ad market, adding to the global scrutiny that the Silicon Valley company is facing.

UPS, whose brown delivery trucks have become omnipresent on neighborhood streets during the pandemic, said profits and revenue surged in its most recent quarter.

Oil prices slid about 2 percent on Wednesday, giving up most of the previous day's gains, as a surge in U.S. crude stocks and growing coronavirus infections in the United States and Europe fanned fears of a supply glut and weaker fuel demand.

Global shares slipped on Wednesday as coronavirus infections grew at an alarming pace in the United States and Europe, while uncertainty over next week's U.S. elections added to a "risk off" tone.

Stocks that moved heavily or traded substantially Tuesday:

HSBC Holdings PLC on Tuesday signalled it would embark on a pandemicinduced overhaul of its business model, seeking to flip its main source of income from interest rates to feebased businesses.

Cenovus Energy Inc has agreed to buy rival Husky Energy Inc in an allstock deal valued at C$3.8 billion ($2.9 billion) to create Canada's No. 3 oil and gas producer as a pandemicdriven demand collapse and weak oil prices force the industry to consolidat...

The Transportation Department said Friday it has tentatively approved plans by Delta Air Lines and Canada's WestJet to work together in scheduling and setting prices for flights between the U.S. and Canada.

It estimated that the economy is likely to contract by 13.5 per cent in the second quarter (July-September), and the contraction in FY21 (April 2020 to March 2021) is likely to be around 9.5 per cent unless the government takes immediate initiative to rev...

Japan has told the United States that Tokyo will not, at the moment, join Washington's plan to exclude Chinese firms from telecommunications networks, the Yomiuri newspaper said on Friday, citing several sources.

This presidential election is clearly unlike any other, but investors might be wise to treat it just like most of the previous ones.