Business

Stocks that moved heavily or traded substantially Thursday:

Ridehailing giants Uber and Lyft are saying they will shut down their California operations if a new law goes into effect overnight that would force both companies to classify their drivers as employees.

President Donald Trump on Thursday said U.S. companies were involved in many prospects in Iraq's oil business, as Iraqi Prime Minister Mustafa alKadhimi declared his country open for American business and investment.

However, India is heavily dependent on imports in case of finished medical devices as well as for critical medical device components, Minister of Chemicals and Fertilisers D V Sadananda Gowda said

Rising inflation has complicated the task of India's monetary policy committee and could limit its ability to support growth, its August meeting minutes showed on Thursday, while it also called on the government for more fiscal action.

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Oil prices fell on Thursday as major producers warned of a risk to demand recovery if the coronavirus crisis is prolonged, while U.S. crude inventories dropped less than expected.

Oil prices fell on Thursday as major producers warned of a risk to the recovery in demand if the coronavirus crisis is prolonged, while U.S. crude inventories dropped less than expected.

Stocks that moved heavily or traded substantially Wednesday:

U.S. consumers lifted their spending in May and June but businesses remained cautious because of the tremendous uncertainty surrounding the economic outlook, Federal Reserve officials said at a policy meeting last month.

Finland's biggest utility Fortum reported an 11% fall in its underlying secondquarter operating profit on Wednesday, dented by low power prices and the impact of the new coronavirus on its Russian business.

A gauge of Asian shares eased on Wednesday led by losses in Chinese and Hong Kong stocks, though it was still near a sevenmonth peak, driven by ever expanding policy stimulus aimed at cushioning the blow from the coronavirus pandemic.

Asian shares climbed to a sevenmonth peak on Wednesday tracking the S&P 500, which scaled alltime highs driven by ever expanding policy stimulus aimed at cushioning the blow to economies from the coronavirus pandemic.

Oil prices slid on Wednesday as concerns grew that U.S. fuel demand may not recover quickly amid stalled talks on a postcoronavirus economic stimulus package, overshadowing a biggerthanexpected drawdown in U.S. crude stocks.

Stocks that moved heavily or traded substantially Tuesday:

NBCUniversal Vice Chairman Ron Meyer left the Comcast Corp owned company on Tuesday, after disclosing that he had made a settlement with a woman with whom he had a consensual affair years ago.