Business
Now No Need of Affidavit Form to Claim Unemployment Benefit from ESIC
It was also decided to enhance the rate of relief under the scheme from present 25 per cent of the average daily earning to 50 per cent of average daily earning and also relax the eligibility conditions for the period March 24, 2020 to December 31, 2020 t...
PwC Affiliate Quits as Carlsberg India Auditor, Avoids Opinion on Financial Results For 2nd Year
Denmark’s Carlsberg A/S has been locked in a commercial dispute with its joint venture partner in India, Nepal-based Khetan Group, amid an internal probe into the brewer’s local practices that sparked a boardroom battle and concerns from its auditor.
Analysis: High-flying U.S. Tech Stocks Get Post-election Lift, Near New Highs
A weakerthanexpected election performance by Democrats and fears of new coronavirus restrictions have prompted investors to double down on highflying technology stocks, which have come roaring back in recent days to put the Nasdaq within striking distance...
Hershey's Halloween Sales Up Despite Fewer Trick-or-treaters
Hershey says its Halloween candy sales were up slightly this year despite a lower turnout of trick-or-treaters amid the pandemic.
Wall Street Dips As Biden Edges Closer To Victory
Wall Street's main indexes gave back some of this week's sharp gains on Friday as investors awaited the outcome of a nailbiting election, while the monthly payrolls report underlined the economic challenge facing America's next president.
Gender Pay Gap Narrows Only Marginally In Europe
The pay gap between men and women doing the same job in Europe narrowed only marginally this year, the European Commission said on Friday, even though a vast majority of EU citizens support eliminating that difference.
Analysis: Bond Markets Should Brace For Tighter Central Bank Squeeze
As the British and Australian central banks prepare to crank up their moneyprinting presses and the U.S. election outcome ups the pressure for more Federal Reserve action, one thing is clear alreadyscarce government bonds will get harder to find.
Investors March Back Into China Bets After Ant IPO Halt, U.S. Vote
The shock suspension of Ant Group's massive share offering and a possible Joe Biden U.S. presidency have become fresh tailwinds for China's stock market, as investors rush to snap up a piece of an economy recovering rapidly from the coronavirus pandemic.
Global Stocks Mixed With US Presidential Outcome Still Uncertain
Investors expect Democrat Joe Biden will beat President Donald Trump but Republicans will keep control of the Senate, allowing them to block Democrat policy such as corporate tax hikes and debt-funded spending on infrastructure.
Development Bank Group Lent $197 Billion In Green Finance In 2019 - Report
The International Development Finance Club, a group of 26 national and regional development banks, said its members supplied $197 billion in green finance in 2019, representing a quarter of their total lending.
Toyota More Than Doubles Profit Outlook As China Sales Rebound From Pandemic
Toyota Motor Corp more than doubled its fullyear operating profit forecast on Friday, as vehicle sales rebound in China from a coronavirus pandemic squeeze earlier this year that contributed to a 24% slide in secondquarter earnings.
Japan To Open English-speaking Support Office To Lure Foreign Asset Managers
Japan will open an Englishspeaking support office for foreign asset management firms seeking to do business in the country in January, Finance Minister Taro Aso said on Friday, as it aims to boost the country's standing as a global financial centre.
Oil Falls Amid European Lockdowns, U.S. Election Uncertainty
Oil prices fell nearly 1% on Thursday, weighed down by the steady rise in coronavirus infections and as the outcome of the U.S. presidential election had still not been settled.
Delivery Timetable For Oxford/AstraZeneca Vaccine Slips, UK Official Says
The timetable for delivery of the Oxford University/AstraZeneca COVID19 vaccine candidate has slipped, the UK's vaccine chief said, adding Britain will receive just 4 million doses of the shot this year.
Bank Of England, Facing COVID And Brexit, Ramps Up Stimulus Again
The Bank of England increased its already huge bondbuying stimulus by a biggerthanexpected 150 billion pounds ($195 billion) as it prepared for economic damage from new coronavirus lockdowns and the looming risk of Brexit.
Fuel Oil Outshines Other Refined Products In Asia On Tight Supply, Demand Recovery
Asian refiners' profit from producing very low sulphur fuel oil (VLSFO) climbed to sixmonth highs this week as output cuts keep supplies tight while demand for the shipping fuel at most ports are back at prepandemic levels, traders and analysts said.