Business

On Friday, the rupee had settled at 72.75 against the American currency. Meanwhile, the dollar index, which gauges the greenback's strength against a basket of six currencies, fell 0.16 per cent to 90.33.

In the international market, the rate of gold declined by 0.01 percent to USD 1,824.20 per ounce on Monday.

Asian shares advanced to record highs on Monday and oil rose to a more than one year peak as successful coronavirus vaccine roll-outs globally raise hopes of a rapid economic recovery amid new fiscal aid from Washington.

As more coronavirus vaccine doses become available in the weeks and months ahead, many business owners face a difficult decision: whether to require employees to be inoculated.

Meanwhile, in Mumbai, the revised petrol and diesel prices stood at ₹95.21 per litre and ₹86.04 per litre.

World shares dipped on Friday as investors awaited progress towards more U.S. fiscal stimulus, while the dollar was set for a weekly loss and cryptocurrency Bitcoin hit a record high.

The second Jennifer Bates walks away from her post at the Amazon warehouse where she works, the clock starts ticking.

The bank has plans to eventually allow digital currencies to pass through the same financial network it currently uses for more traditional holdings.

U.S. stocks were higher and MSCI's gauge of stocks across the globe was set for a ninth day of gains on Thursday as investors were optimistic about more fiscal stimulus, while oil prices slipped.

Hormel Foods is going nuts.

Amazon.com Inc and Italian fashion group Salvatore Ferragamo on Thursday jointly sued several individuals and entities, mainly based in China, for allegedly selling counterfeit Ferragamo belts on its online retail store.

Kraft Heinz Co said on Thursday that it plans to sell its nuts business including most Planters and Corn Nuts products to Hormel Foods Corp for $3.35 billion.

Business jet maker Bombardier Inc said on Thursday it would cut about 1,600 jobs and reported an adjusted loss before interest and taxes for the fourth quarter, as the COVID19 pandemic weighs down aircraft demand.

Belgium's Umicore expects the thriving European electric vehicle market to boost its battery business in 2021 as the company forecast on Thursday "substantial" grouplevel growth compared to last year.

Oil prices fell on Thursday, paring recent gains, as renewed lockdowns and the emergence of new coronavirus variants weighed on the prospects for a swift demand recovery.

Energy giant Royal Dutch Shell vowed to eliminate net carbon emissions by 2050, accelerating previous targets, as oil production was set to slowly decline from its 2019 peak.