Business

Automobile insurance startup Root Inc sold shares in its initial public offering (IPO) on Tuesday at $27 apiece, above its target range, to raise $724.4 million, the company said.

Yet another service provider is jumping into the TV streaming wars. This time it's T-Mobile and its TVision service with live news, entertainment and sports channels, starting at $10 a month.

As the head of product inclusion at Google, Annie JeanBaptiste works to help ensure that the companys products from photos to search to everything else are built with everyone in mind, including women, underrepresented minorities, and people of differen...

German airline Lufthansa expects a very slow demand recovery in the face of the resurgent COVID19 pandemic and now hopes to reach roughly half of its precrisis capacity over the course of next year, a board member told Reuters.

Cenovus Energy plans to cut 20% to 25% of its workforce after it acquires Husky Energy, the companies told Reuters on Tuesday, as Cenovus begins to slash costs in the Canadian oil patch's biggest merger in four years.

The NSE Nifty 50 index closed up 1.03% at 11,889.4, while the S&P BSE Sensex ended 0.94% higher at 40,522.1. MSCI said on Monday it would will implement changes in foreign ownership limits (FOL) in the MSCI global indexes containing Indian securities in...

HSBC Holdings PLC posted a 35% drop in quarterly profit, better than expected, as higher loan loss provisions on the economic fallout from the coronavirus pandemic were cushioned by the reining in of expenses.

HSBC Holdings PLC posted a 35% drop in quarterly profit, better than expected, as higher loan loss provisions on the economic fallout from the coronavirus pandemic were cushioned by the reining in of expenses.

Affluent travelers avoiding commercial flights during the pandemic are helping fuel a recovery in preowned corporate aircraft transactions this year and reviving shoots of demand for new planes even as the business aviation industry braces for a slump in...

Ant Group will close its Hong Kong institutional book building a day earlier than planned as it aims to raise about $17.2 billion in the city, according to three sources with direct knowledge of the matter.

Sales of new homes fell by 3.5% in September to a seasonallyadjusted annual rate of 959,000 million units.

In a statement, the Central Board of Indirect Taxes and Customs (CBIC) said the government has been receiving a number of representations regarding need to extend due date for filing Annual Return (Form GSTR-9) and Reconciliation Statement (Form GSTR-9C)...

The Department of Financial Services came out with operational guidelines in the backdrop of Supreme Court's direction to implement the interest waiver scheme, which is likely to cost the exchequer Rs 6,500 crore.

The world's largest planemaker Airbus has taken the industry by surprise by asking suppliers to prepare for a sharp increase in production after the coronavirus crisis yet at the same time it quietly delayed its timetable for recovery.

Facebook is facing its toughest challenge yet: an election complicated by a pandemic, a deeply divided nation lured by conspiracy theories and alternate versions of reality. Is it ready? Here are some of its biggest steps and missteps it's taken in the fi...

Outgoing Rio Tinto Chief Executive JeanSébastien Jacques said on Friday the miner was committed to reform after a lawmaker accused the industry of incremental cultural genocide at an Australian inquiry into the destruction of an ancient cave.