Business
Global Equity Funds Secure Biggest Inflows In Two Years In Week Ended Feb 10
Global equity funds led inflows in the week to Feb. 10, bolstered by upbeat corporate earnings and the prospects of a U.S. stimulus package.
European Aviation Maps Flight Path To Carbon Neutrality
Europe's aviation sector on Thursday laid out how it could eliminate its net carbon dioxide emissions by 2050, a commitment it said would depend on policy support to scale up sustainable fuels and breakthrough technologies.
Exclusive: Goldman, Other Financial Firms Add China Staff, Eyeing Growth
Global financial firms including Goldman Sachs, BlackRock and Fidelity International are poised to add hundreds of staff in China this year as they look to take advantage of the opening up of its $40 trillion financial sector.
Gold Price Today, February 11: Rates Rises in Metro Cities; Silver Prices Decline
The cost of one gram of 22-carat gold stood at Rs 4,701 after witnessing an increase of Rs 12. Similarly, the price of 10 grams of 22-carat-gold stood at Rs 47,010, rising by Rs 120.
No Proposal to Change FDI Rules for E-commerce, Parliament Informed
In a written reply to the Lok Sabha, Minister of State for Commerce and Industry Som Parkash also said there is no proposal at present to establish an e-commerce regulator.
I-T Refunds Worth Rs 1.91 Lakh Crore Issued Between April 1 to February 8
Of this, personal income tax refunds of Rs 67,334 crore have been issued to over 1.84 crore taxpayers and corporate tax refunds of Rs 1.23 lakh crore have been made in 2.14 lakh cases.
Resurgent Virus Slows Recovery At Coca-Cola
The resurgent coronavirus slowed Coca-Colas recovery in the fourth quarter, and the company said the slump has continued into this year.
Page Industries Hits Fresh 52-week High After Reporting 77% Profit in Q3 Results
The company's EBITDA margins also improved from 17 percent in Q3FY20 to 24 percent now.
Oil Rally Extends For Ninth Day On Supply Cuts, Demand Hopes
Oil extended its rally for a ninth day on Wednesday, supported by producer supply cuts and hopes that vaccine rollouts will drive a recovery in demand.
Toyota Hikes Profit Forecast 54%, Shrugs Off Global Chip Supply Issues
Toyota Motor Corp on Wednesday jacked up its fullyear earnings forecast by a biggerthanexpected 54% to a record $19 billion, raising its vehicle sales target as global demand led by China rebounds from a coronavirus pandemicinduced slump.
Toyota Posts 54% Rise In Third-quarter Operating Profit, Hikes Full-year Forecast
Japan's Toyota Motor Corp on Wednesday reported a biggerthanexpected 54% jump in thirdquarter profit and jacked up its fullyear earnings forecast, boosted by a rebound in demand for cars as the coronavirus pandemic's impact recedes and sales climb in Chin...
Asian Stocks Hit Record High, As Earnings, Stimulus Boost Recovery Hopes
Asian stocks hit a record high on Wednesday, as upbeat earnings, hopes of a large U.S. fiscal stimulus and progress in vaccinations fanned optimism about a global recovery from the pandemic.
Nasdaq, New York Stock Exchange Sue SEC Over Planned Overhaul Of Public Data Feeds
Nasdaq Inc and the New York Stock Exchange have each sued the Securities and Exchange Commission, seeking to block a plan by the regulator to overhaul public data feeds that broadcast stock prices to investors, court filings show.
Aunt Jemima Brand Gets A New Name: Pearl Milling Company
Aunt Jemima is making her last batch of pancakes.
New York AG Urges U.S. FDA To Take Action On Baby Food Safety Standards
New York Attorney General Letitia James on Tuesday urged the U.S. Food and Drug Administration (FDA) to take action to set uniform standards related to toxic metals across all baby foods.
TUI Banking On Vaccinated Brits For Much-needed Summer Recovery
TUI Group, the world's biggest holiday company, needs a summer recovery to relieve pressure on its strained finances and is banking on vaccinated Britons going abroad in the peak months despite tightening travel restrictions.
