Business

SoftBank Group Corp said on Friday it would sell U.S. cellphone distributor Brightstar for an undisclosed price, marking the latest sale of telecoms assets as the Japanese conglomerate builds a cash pile.

Gold prices rose on Friday as gloomy U.S. jobs data cast a shadow over the economic outlook, and major central banks pledged to roll out further stimulus if required to revive their coronavirusbattered economies.

U.S. stocks fell on Thursday as technologyrelated shares slid for a second day and as government data showed high levels of weekly jobless claims.

U.S. stocks dropped on Thursday as technologyrelated shares extended a recent slide and as data showed high levels of weekly jobless claims.

U.S. stocks dropped more than 1% on Thursday as technologyrelated shares extended a recent decline and as data showed high levels of weekly jobless claims.

Wall Street's main indexes fell on Thursday after data showed high levels of weekly jobless claims, while technologyrelated stocks resumed their slide with Apple Inc and Amazon.com Inc among the biggest drags on the Nasdaq.

Agriculture minister Narendra Singh Tomar assured that these proposed legislations would not encroach upon the Agriculture Produce Marketing Committee (APMC) Acts of the states.

U.S. manufacturers are sharply increasing production of cheap, fast but less accurate COVID19 tests, aiming for 100 million per month by year end that will enable schools and workplaces to significantly expand testing.

The largest exchangetraded fund to invest purely in Chinese government bonds lists in Singapore next week, the bourse and the fund manager said on Thursday, capitalising on surging interest in the world's secondbiggest bond market.

OPEC and allies, led by Russia, are scheduled to hold an online meeting on Thursday to discuss compliance with their agreed output cuts and demand trends amid falling oil prices and a faltering economic recovery outlook.

An OPEC+ technical panel warned that a rise in coronavirus cases in some countries may curb oil demand despite signs of economic recovery and initial indications of a decline in oil stocks, according to an internal document seen by Reuters on Thursday.

Stocks fell and the dollar advanced on Thursday after the Federal Reserve pledged to keep interest rates low for a long time but stopped short of offering further stimulus to shore up a battered U.S. economy.

As reported by Good Returns, the price of 24 karat gold on Wednesday, September 17, is Rs 5158 per gram, while the cost of 22 karat purity of the same metal is Rs 5058.

A looming U.S. ban on the Chinese app WeChat won't target people who use the app to communicate, according to a government court filing Wednesday.

The Federal Reserve adjusted its inflation target to seek price increases above 2% annually, a move that will likely keep interest rates low for years to come.

Sri Lanka is seeking at least 340 million rupees ($1.89 million) from the owners of the stricken supertanker New Diamond for assistance rendered to the vessel since it caught fire on Sept. 3, the coordinating officer to its attorney general said.