Business

Eastman Kodak Co increased spending on lobbying the U.S. government in the months before the Trump administration announced a $765 million loan to the photographic equipment maker, public disclosures filed with the Congress show.

Boeing sold no airline planes and customers canceled orders for 43 of its 737 Max jet last month as the aircraft maker continued to struggle with both the pandemic and the ongoing grounding of the Max after two deadly crashes.

Johnson & Johnson could produce 1 billion doses of its potential COVID19 vaccine next year if it proves successful and would consider injecting healthy volunteers with the novel coronavirus if there are not enough patients for final trials, a company exec...

InterContinental Hotels said on Tuesday it was seeing some "very early" signs of improvement in demand after the Holiday Innowner's revenue more than halved and profit slumped 82% in the first half of 2020.

Aurubis AG, Europe's largest copper producer, on Tuesday confirmed its earnings forecast for its current financial year, after posting a sharp rise in quarterly earnings mainly on uninterrupted high production at smelter sites during the coronavirus crisi...

Molecular Partners is getting a payment in the "high single digit millions" of Swiss francs from the Swiss government to reserve doses of an earlystage drug candidate that the Zuricharea biotechnology company is developing for COVID19.

Almost four out of five chief executives expect remote working to become more widespread in their businesses as a result of COVID19, a global survey from accountancy firm PwC showed on Tuesday.

Gilead Sciences Inc has filed an application with the U.S. Food and Drug Administration seeking full approval for remdesivir, its experimental COVID19 drug currently used under emergency authorization, the drugmaker said on Monday.

Investor morale in the euro zone rose for a fourth consecutive month in August but the low reading suggests that the coronavirushit economy is still in recession in the third quarter, a survey showed on Monday.

Most Wall Street workers can expect to see their bonuses slashed this year and some jobs may be cut, according to a report published Monday by compensation consulting firm Johnson Associates Inc.

Marriott has reopened 91% of its hotels globally as business travel reemerges in China and worldwide occupancy, which tumbled to 11% in April, reached 34%.

India's equity mutual funds had outflows last month for the first time in more than four years as investors, worried by a share price crash in March due to the coronavirus pandemic, took their money out as stock prices recovered.

Responding to the launch date for the vaccine, Ella added that they want to do clinical research of the highest standards as they are being international agencies and communities.

Surging COVID19 infections in big states like California, Texas and Florida are scaring shoppers away from newly reopened malls, dealing a blow to an industry that was on the ropes even before the pandemic began.

M&M was the top gainer in the Sensex pack, rallying over 4 per cent, followed by L&T, Kotak Bank, SBI, Bajaj Finance, Sun Pharma, ITC and HDFC duo.

Berkshire Hathaway Inc on Saturday announced a $9.8 billion writedown and 10,000 job losses at its Precision Castparts aircraft and industrial parts business, as the coronavirus pandemic caused widespread pain for Warren Buffett's conglomerate.