Business
BMW Warns Of Pandemic Risks As Third-quarter Profit Rebounds
BMW's thirdquarter profit rose almost 10% thanks to Chinese demand for luxury cars, but the German automaker warned a new wave of coronavirus infections sweeping Europe and the United states posed a "considerable" risk to its business.
Global Stocks Sweat Out Election Nailbiter, Safe-haven Bonds Get Bid
Share markets were whipsawed and bonds well bid on Wednesday as results from the U.S. presidential election proved far closer than polls had predicted, potentially leaving the outcome in doubt for days to come.
As Japan Moves To Revive Its Countryside, Pandemic Chases Many From Cities
When the coronavirus outbreak caused rice and instant noodles to disappear from supermarket shelves in Tokyo this year, Kaoru Okada, 36, decided to leave the capital because he was worried about food security.
Thomson Reuters Revenue Rise, Cash Flow Outlook Lift Shares
Thomson Reuters Corp said third quarter revenue rose on gains in its legal and corporates divisions and cost cuts helped lift its 2020 free cash flow outlook, prompting a near 4% rise in its shares on Tuesday.
China Tightens Restrictions On Australian Exports
China has stepped up trade restrictions against Australia, suspending imports of some timber and barley, the agriculture minister said Tuesday, amid tension over the coronavirus, Hong Kong and the South China Sea.
Franklin Templeton MF's Six Shut Schemes Generate Rs 438 Crore
Franklin Templeton MF had closed six debt mutual fund schemes on April 23, citing redemption pressures and lack of liquidity in the bond market.
Walmart Abandons Shelf-scanning Robots, Lets Humans Do Work
Walmart is laying off the robots it had deployed in about 500 stores to keep tabs on whats on and not on the shelves.
Factory Data Lifts Stocks, Dollar Gains On U.S. Election Jitters
Global equity markets rebounded on Monday as robust U.S., China and euro zone factory data offset lockdowns in Europe to combat record COVID19 cases, while the dollar and gold rose on U.S. presidential election jitters.
Global Markets: Shares Rise On Factory Data, Dollar Gains On U.S. Election Jitters
Global equity markets recovered from onemonth lows on Monday as robust U.S., China and euro zone factory data offset news of new COVID19 lockdowns, while the dollar and gold rose on U.S. presidential election jitters.
Manipal Hospitals to Acquire 100% Stake in Columbia Asia Hospitals, Combined Entity to Have 27 Hospitals in India
The combined entity will have 27 hospitals across 15 cities with more than 7,300 beds and a pool of 4,000 plus doctors. The company will have a staff of over 10,000 and will treat over 4 million patients annually.
Loan Moratorium: Banks Told to Credit 'Interest on Interest' to Borrowers, RBI Tells SC
The central government had earlier told the apex court that the lenders have been asked to credit into the accounts of eligible borrowers the difference between compound and simple interest collected on loans of up to Rs 2 crore during the RBI's loan mora...
India's Strategy of Dealing with Covid-19 Paid Off, Economy Set to Bounce Back: Ficci
"The dilemma for governments across the world was creating a balance between protecting lives and livelihoods. India took the path of a strict lockdown to ramp up health infrastructure and focused on human lives. This strategy has paid off," Reddy said. S...
Euro Zone GDP Jumps More Than Expected In Third Quarter, October Prices Fall
The euro zone economy rebounded more than expected in the third quarter from its coronavirusinduced slump, but the rally is likely to be cut short as countries reintroduce restrictions to stem the second wave of the pandemic.
World Stocks Take Fresh Dip As COVID Infection Rate Weighs
World stocks slipped further on Friday and save havens got a fillip as jitters over a rising global COVID19 infection rate and next week's U.S. presidential election weighed on sentiment.
Apple Temporarily Closes 17 Out Of 20 French Stores Amid Fresh Lockdown
Apple Inc will temporarily close 17 of its 20 stores in France from Oct. 30, as the country goes into a fresh onemonth lockdown due to a resurgence of coronavirus cases, the company's website showed.
Alphabet Sales Growth Back As Google Key For Advertisers
Google parent Alphabet Inc returned to sales growth in the third quarter as businesses initially hobbled by the coronavirus pandemic resumed advertising with the internet's biggest supplier of ads, the tech giant said on Thursday.