Business
AstraZeneca Pharma India to Launch Drug for Treatment of Various Blood Cancers
The capsules are indicated for treatment of patients with mantle cell lymphoma (MCL) who have received at least one prior therapy and for treatment of patients with chronic lymphocytic leukaemia (CLL) and small lymphocytic lymphoma (SLL), AstraZeneca Phar...
Drugstore Chain Walgreens Rebounds With $373M 4Q Profit
COVID-19 took another bite out of Walgreens Boots Alliance quarterly numbers but this time left behind better-than-expected earnings.
High Costs Haunt Wells Fargo Results Years After Scandal
Wells Fargo & Co's profit plunged 57% in the third quarter, missing Wall Street's expectations as persistent costs tied to its yearsold sales practices scandal continued to haunt the bank.
Walmart, Best Buy Extend Black Friday Deals As Spending Habits Change
Eager to capture any holidayrelated spending as early as possible this year, Walmart Inc , ASOS , Best Buy and other major retailers are turning Black Friday into a multiday promotion.
U.S. States Oppose Settlement Being Negotiated By OxyContin Maker Purdue And Justice Department - Letter
A group of 25 state attorneys general oppose a settlement of U.S. opioid probes being negotiated with Purdue Pharma LP and members of the wealthy Sackler family who own it, arguing the deal would improperly entangle state and local officials with future s...
Govt Allows ADNOC to Trade 50% of Oil Stored in Indian Strategic Reserves
Till now, ADNOC, which has hired half of 1.5 million tonnes underground storage at Mangaluru, was allowed to commercially use 35 per cent of the oil stored. It could trade or sell another 15 per cent with the explicit approval of the government.
Sensex Ends 169 Points Higher After Fag-end Rally, Closes Above 40,794 Points
The 30-share BSE index opened on a weak note and gyrated over 600 points during the day. However, it gained ground in the last hour of the session to finish at 40,794.74, up 169.23 points or 0.42 per cent.
Oil Prices Slip As Rising Coronavirus Cases Stoke Demand Concerns
Oil prices slipped on Wednesday on concerns that fuel demand will continue to falter as rising coronavirus cases across Europe and in the United States, the world's biggest oil consumer, could impede economic growth.
Asian Equities Toppled By Stalled Vaccine Trials, Stimulus Talks
A gauge of Asian shares was knocked off a 21/2year peak on Wednesday, as halted COVID19 vaccine trials and an impasse in U.S. stimulus talks soured risk appetite, while oil was hit by demand concerns amid growing coronavirus cases.
Walmart To Spread Out Deals To Avoid Black Friday Crowds
Walmart says it will spread out its traditional oneday Black Friday deals over three weekends in November in an effort to reduce crowds in its stores during a pandemic.
Indian Imports from 10 Key Partners Can Go Up by $21 Bn, Export Headroom at $17 Bn: Report
Imports from the US, Malaysia, Indonesia, Singapore and the UK have the greatest opportunity for growth, Standard Chartered Bank said in its study,
China's Vehicle Sales Pick Up In September As Market Revives
Chinas vehicle sales including trucks and buses accelerated in September as the industrys biggest global market recovered from the coronavirus pandemic, an industry group reported Tuesday.
Directorate General of Hydrocarbons Invites Agencies for Gas Price Auction
The government has since 2017 given pricing freedom for natural gas production from all fields other than the ones given to state-owned ONGC and Oil India Ltd on a nomination basis.
Rupee Edges 3 Paise Higher against US Dollar at 73.13 in Opening Trade
The domestic currency had settled 8 paise higher at 73.16 a dollar on Friday after the Reserve Bank kept key interest rates unchanged while retaining an accommodative stance.
Global Stocks Creep Higher On U.S. Stimulus Hopes, Yuan Sinks
Asian stock markets began the week with cautious gains on Monday, as investors clung to hopes for U.S. stimulus spending, while the dollar firmed after a Chinese central bank policy tweak unwound some of the yuan's steep gains.
Oil Prices Extend Losses As U.S. Producers Restore Output Post-hurricane
Oil prices dropped for a second straight session on Monday as U.S. producers began restoring output after Hurricane Delta weakened, while a strike that had affected production in Norway came to an end.