Business
Centre's Tweak Could Make 5G Rollout Possible in September This Year: Report
If companies are able to secure airwaves in March, they can plan to offer 5G in six months, or around September.
GM Sets Goal Of Going Carbon Neutral By 2040
General Motors, the Detroit automaker making an aggressive push into electric vehicles, established a goal Thursday of becoming carbon neutral in both its global products and its operations by 2040.
New Home Sales Rise In December After Sharp November Drop
Sales of new homes rose 1.6% in December after a big decline in November that was even worse than previously thought.
US Jobless Claims Drop; Still At 847,000 As Pandemic Rages
The number of Americans applying for unemployment benefits fell but remained at a historically high 847,000 last week, a sign that layoffs keep coming as the coronavirus pandemic continues to rage.
In Wall Street David V. Goliath Story, 2 Goliaths Fall
In a David and Goliath saga that has emerged on Wall Street this year, Goliath has fallen.
J&J Has A Strong Finish For 2020 Despite Pandemic Disruption
Johnson & Johnson is reporting a strong finish to the year, overcoming the disruption of the global pandemic in some parts of its business such as medical device sales.
Govt May Hike Agri Credit Target to About Rs 19 Lakh Crore in Budget 2021-22
The government has been increasing the credit target for the farm sector every year and this time too, the target is likely to be increased to around Rs 19 lakh crore for the 2021-22.
Budweiser Joins Coke, Pepsi Brands In Sitting Out Super Bowl
For the first time since 1983, when AnheuserBusch used all of its ad time to introduce a beer called Bud Light, the beer giant isn't advertising its iconic Budweiser brand during the Super Bowl. Instead, its donating the money it would have spent on the a...
Blackstone-backed Patria Prices IPO Above Expected Range, At $17 Per Share
Brazilian asset manager Patria Investments Ltd, which is backed by Blackstone Group Inc, priced its class A shares at $17 each in an initial public offering, $1 above the upper limit of its price range, according to a securities filing late on Thursday.
Biden Names U.S. SEC Commissioner Herren Lee Acting Head Of Regulator
U.S. President Joe Biden has named U.S. Securities and Exchange Commission Commissioner Allison Herren Lee, a Democrat, as acting chief of the financial industry regulator, the SEC said in a statement on Friday.
Muted Recovery For UK Retailers In December Ends Worst Year On Record
British retailers struggled to recover in December from a partial coronavirus lockdown the previous month, marking a weak end to their worst year on record, while public debt has climbed to its highest since 1962, official data showed on Friday.
HDFC Bank Stock Falls After Sebi Imposes Rs 1 Crore Fine
On the BSE, shares of the private lender were trading at Rs 1,453.35 apiece, falling 1.39 per cent over the previous close.
CSX Profit Slips In 4Q But Railroad Hauls 4% More Freight
CSX railroad reported relatively flat fourthquarter earnings even though it hauled 4% more freight as the economy continued to rebound from last years widespread virusrelated shutdowns.
Stocks At New Peaks On Stimulus Hopes, Dollar Slips
World stock markets racked up record highs on Thursday and the dollar slipped as investors bet major stimulus from new U.S. President Joe Biden and unswerving global central bank support would cushion the coronavirus' damage and bolster growth.
Judge Says Amazon Won't Have To Restore Parler Web Service
Amazon won't be forced to restore web service to Parler after a federal judge ruled Thursday against a plea to reinstate the fast-growing social media app favored by followers of former President Donald Trump.
Not Company Earnings, Not Data But Vaccines Now Steering Investor Sentiment
Forget economic data releases and corporate trading statements vaccine rollout progress is what fund managers and analysts are watching to gauge which markets may recover quickest from the COVID19 devastation and to guide their investment decisions.