Business
JD Sports Restores Outlook After Reopening Bounce
Britain's biggest sportswear retailer JD Sports reinstated its annual guidance on Tuesday, saying it was encouraged by its performance since stores reopened thanks to the easing of coronavirusled restrictions.
U.S. Shale Producers Race For Federal Permits Ahead Of Presidential Election
Oil producers in the top U.S. shale fields are stockpiling drilling permits on federal land ahead of the November U.S. presidential election, concerned that a win by Democratic candidate Joe Biden could lead to a clampdown on oilfield activity.
Oil Mixed After Dropping On Demand Concerns Post-U.S. Holiday
Oil prices were mixed in early trade on Tuesday on looming demand worries about a possible rise in COVID19 cases following the U.S. Labor Day long weekend, which also marks the end of the peak U.S. driving season.
StanChart's Global Head Of Commodities Business To Leave As Team Restructured - Memo
The global commodities chief at Standard Chartered Plc (StanChart) is leaving the bank as part of the division's restructuring, with many commodities team executives switching to the bank's financial markets unit, according to a company memo and one perso...
IKEA's Shopping Centres Arm Aims To Open Its First U.S. Mall Within A Year
IKEA's shopping centres business hopes to open the doors of its first mall in the United States within a year, in San Francisco, its managing director Gerard Groener told Reuters on Monday.
Cheap Seats Give Chinese Airlines A Much-needed Passenger Bounce
Looking to travel from Beijing to Hangzhou in eastern China? A flight can be had for as low as 180 yuan ($26) one of a slew of deals fuelling a robust recovery in Chinese passenger levels and which could provide a model for a beleaguered industry globall...
China's Export Growth Quickens In August, Imports Edge Lower
Chinas export growth accelerated in August while imports edged lower as the worlds secondlargest economy extended its recovery from the coronavirus pandemic.
Gold Gains As Global Growth Worries Support Demand
Gold edged higher on Monday after weak U.S. data raised concerns over a quick economic rebound from the coronavirusled slump and cemented hopes that lower interest rates would last longer.
Auditor Faults FAA Review Of Pilots Of Small Private Planes
A government watchdog says federal regulators lack the ability to verify whether private pilots are eligible for more relaxed medical requirements and whether the looser rule is compromising air safety.
Ease of Doing Business: States' Ranking to Be Released on Saturday, Says Piyush Goyal
The exercise is aimed at triggering competition among states to improve business climate in order to attract domestic and global investors.
Sebi Orders Attachment of Bank, Demat Accounts of Fugitive Jeweller Mehul Choksi, Gitanjali Gems
Sebi said the decision to attach the accounts was taken after Mehul Choksi, the uncle of diamantaire Nirav Modi, failed to pay fine imposed on him.
Harsha Bhogle Invests In Gaming Startup Fantasy Akhada
Cricket commentator Harsha Bhogle has invested an undisclosed amount in gaming startup Fantasy Akhada, and will be the brand's face for the next two years, the company said on Friday. Fantasy Akhada founder Amit Purohit said that onboarding of Bhogle as...
Western Digital Bets Big On Growing Smart Video Surveillance Market In India
Data storage solutions provider Western Digital Corp is betting big on the burgeoning video surveillance market in the country and is lining up solutions to cater to video and AI analytics requirements of the segment, a top company executive said. West...
IndusInd Bank Raises Rs 3,288 Cr Via Preferential Issuance Of Shares
Private sector IndusInd Bank on Friday said it has raised Rs 3,288 crore through preferential allotment of shares to the promoter group and select investors. At the bank's extraordinary general meeting on August 25, it had received shareholders nod for...
IIT Alumni Council To Set Up 6 Research Centres For Startups
The IIT Alumni Council will set up six research centres to make modern equipment and research tools in six cuttingedge domains available to startups registered with its MegaIncubator initiative. The council is building the world's largest COVID19 testin...
No-trade Deal Brexit Fears Rise As Talks Stuck On State Aid
The chances of Britain leaving the European Union without a trade deal have risen sharply as negotiations have been threatened by London's insistence that it have full autonomy over its state aid plans, negotiators and diplomats said.