Business

Shopper numbers, or footfall, across all British retail destinations rose 3.8% last week from the previous week, with the start of a statefunded eating out scheme helping evening traffic more than lunchtimes, industry data showed on Monday.

India's government plans to promote the manufacturing of selected products, especially lines in which China enjoys a big share in the global market, as part of efforts to reduce imports and push exports, a cabinet minister said on Monday.

British and Australian investment funds said on Monday that Rio Tinto's testimony last week over its destruction of ancient caves in Australia raised questions about the accountability of its senior leadership.

Asian stocks held tight ranges on Monday as worries over flaring tensions between the United States and China weighed on sentiment, although signs of a recovery in industrial activity in the world's secondlargest economy capped losses.

Oil prices climbed on Monday, supported by Saudi optimism on Asian demand and an Iraqi pledge to deepen supply cuts, although uncertainty over a deal to shore up the U.S. economic recovery capped gains.

Berkshire Hathaway Inc on Saturday announced a $9.8 billion writedown and 10,000 job losses at its Precision Castparts aircraft and industrial parts business, as the coronavirus pandemic caused widespread pain for Warren Buffett's conglomerate.

Canada will slap retaliatory tariffs on C$3.6 billion ($2.7 billion) worth of U.S. aluminum products after the United States said it would impose punitive measures on Canadian aluminum imports, a senior official said on Friday.

Activist fund Effissimo Capital Management, the biggest investor in Toshiba Corp , was kept in limbo by Japan's government over a key shareholder vote until the day before the industrial conglomerate's annual meeting, two government sources said.

Gold dipped nearly 2% on Friday, snapping its recordbreaking rally, after a slightly betterthanexpected U.S. jobs report boosted the dollar, but a worsening pandemic kept prices on track for their longest streak of weekly gains in about a decade.

U.S. stock index futures pared early declines on Friday as data showed the economy added more jobs than expected last month, easing fears that a nascent recovery in the labor market was stalling.

British fund supermarket Hargreaves Lansdown reported a surge in fullyear earnings as the coronavirus crisis fuelled record levels of share trading and lured thousands of new clients to its trading platform.

World stock markets tumbled on Friday after U.S. President Donald Trump ratcheted up alreadyheightened tensions with Beijing by banning U.S. transactions with two popular Chinese apps, Tencent's WeChat and ByteDance's Tiktok.

A 10% decline in the value of the U.S. dollar since March has boosted returns for foreign investors in the world's largest government bond market at a time when U.S. Treasury yields are near record lows.   

World stock markets tumbled on Friday after U.S. President Donald Trump ratcheted up alreadyheightened tensions with Beijing by banning U.S. transactions with two popular Chinese apps, Tencent's WeChat and ByteDance's Tiktok.

Mitsubishi Motors Corp said on Friday Osamu Masuko resigned as chairman due to health reasons and has handed over the role to CEO Takao Kato on a temporary basis.

Some Hong Kong foreclosed homes have been recently sold at steep discounts, adding to signs that the world's most expensive housing market could be heading for price declines both this year and next.