Business

Asian stocks opened lower on Thursday, tracking a sharply lower Wall Street session amid fresh concerns that the global economic recovery is running out of steam.

JPMorgan Chase & Co is moving about 200 billion euros ($234 billion) of assets from the United Kingdom to Germany as a result of Britain's exit from the European Union, a source familiar with the matter said on Wednesday.

EU antitrust regulators have extended their investigation into Alphabet unit Google's fitness tracker maker Fitbit to Dec. 23, the European Commission said on Wednesday.

Mexico's president asked regulators on Tuesday to help strengthen state oil firm Pemex and power company CFE using existing laws, but added he could seek energy reforms next year if required to meet his goals, two sources said.

In a statement, the Israeli embassy said the aim of this program is to bring together Israeli and Indian entrepreneurs and start-ups to collaborate on innovative projects.

Airbus has unveiled three visual concepts for "zero emission" airplanes to be powered by hydrogen.

Major cruise lines say they will test all passengers and crew for COVID-19 prior to boarding as part of their plan for resuming sailing in the Americas.

Americans' household wealth rebounded last quarter to a record high as the stock market quickly recovered from a pandemicinduced plunge in March. Yet the gains flowed mainly to the most affluent households even as tens of millions of people endured job lo...

Wall Street's main indexes hit their lowest in nearly seven weeks on Monday as concerns about fresh coronavirusdriven lockdowns and the inability of Congress to agree on more fiscal stimulus raised fears about another hit to the domestic economy.

Gold fell to its lowest in nearly two weeks on Monday hurt by a stronger dollar, while investors looked to U.S. Federal Reserve policymakers' speeches this week for clues on further stimulus measures to revive the coronavirusbattered economy.

Sweden's government will pump 105 billion crowns ($12 billion) into the economy in 2021 through tax cuts and spending in a record giveaway aimed at getting the economy back on its feet after the coronavirus pandemicinduced slump.

U.S. electrictruck maker Nikola Corp's founder Trevor Milton has stepped down as executive chairman, the company said on Sunday, as it battles allegations from a shortseller that it misled investors and automakers.

On Friday, the rupee strengthened by 21 paise to close at more than one-week high of 73.45 against the US dollar. "Overall, we are likely to see another week where the price action in USD-INR could remain confined in a range of 73.10-73.90," said Abhishek...

Indian shares were muted on Monday as gains in IT stocks helped offset losses in other sectors, while surging domestic cases of the novel coronavirus and the passage of a contentious farm bill by lawmakers kept investors cautious.

Gold prices edged higher on Monday, helped by a softer dollar while investors looked forward to speeches by Federal Reserve policymakers due this week for further clues on the U.S. central bank's approach to inflation.

Singapore police are looking into a complaint from Ernst & Young that a firm owned by bidders for soccer club Newcastle United allegedly used the auditor's unauthorised signatures on financial statements.