Business

Passive investment funds linked to environmental, social and governance (ESG) goals have pulled in the lion's share of new money in Europe in 2020, Citi said on Friday, as more investors seek out companies they deem to act sustainably.

Emerging market central banks continued to trim interest rates in August, with policymakers trying to shore up their economies to battle the fallout from the coronavirus pandemic, though the pace of reductions continued to slow.

Oil prices settled lower on Thursday, at one point touching their lowest since early August as U.S. unemployment data fed fears of a slow recovery for the economy and fuel demand a day after weak U.S. gasoline demand data.

Oil prices extended losses on Thursday, falling to their lowest point since early August, as worries about weaker U.S. gasoline demand and a sluggish economic recovery from the COVID19 pandemic dented sentiment.

Europe kept record high world share indices creeping forward on Thursday, while European Central Bank efforts to tame the euro lifted the dollar and government bond markets higher.

The number of Americans filing new claims for unemployment benefits fell more than expected last week, but remained extraordinarily high amid signs that the labor market recovery was losing steam as the COVID19 pandemic continues and government support la...

Private sector steel maker JSPL on Thursday posted a 21 per cent rise in its consolidated production and a 38 per cent growth in its sales for August 2020. Jindal Steel and Power Ltd (JSPL) said its production of steel on a consolidated basis rose to 8...

World food prices rose for a third month running in August, led by coarse grains, vegetable oils and sugar, the United Nations food agency said on Thursday.

Oil prices were hovering around multiweek lows on Thursday as worries about falling U.S. gasoline demand and sluggish economic recovery from the COVID19 pandemic dented sentiment.

The recovery in China's service sector activity extended into a fourth straight month in August, an industry survey showed on Thursday, with companies hiring more people for the first time since January.

U.S. private employers hired fewer workers than expected for a second straight month in August, suggesting that the labor market recovery was slowing as the COVID19 pandemic persists and government money to support workers and employers dries up.

Most industries covered by the European Union's carbon market would see free credits cut by the highest possible rate over the next five years under draft plans, potentially costing some of the biggest polluters millions of euros.

The S&P 500 rose on Wednesday for the ninth time in the past ten sessions on a boost from Nvidia and Microsoft, as data showed a moderate increase in U.S. private payrolls last month.

India's Adani Enterprises says it is well placed to build the infrastructure needed to support the country's expected aviation growth, which has been curtailed by the coronavirus crisis.

The number of registered unemployed people in Spain rose in August as new outbreaks of the coronavirus and travel restrictions imposed by other countries began taking a toll after months of timid recovery from an initial lockdown.

India is facing potential delays in the harvest of its massive sugarcane crop, threatening supply worldwide, as millions of migrant workers needed for the harvest may be scared to travel as coronavirus infections surge throughout the country.