Business
Exclusive: BP Gives Caribbean Refinery More Time To Hit Operating Targets - Sources
BP Plc has given the operator of a Caribbean refinery more time to fully restart and retain its crude oil supply agreement after the plant failed to hit operating targets last year, according to people familiar with the matter.
Trump Supporters, Other Passengers In Shouting Bout On Plane
Supporters of President Donald Trump got into a angry shouting match with other passengers on a Washingtonbound American Airlines plane after they projected a Trump 2020 logo on the cabin ceiling and walls.
Europe Prepares For Moderna Vaccine Rollout As Fears Grow Over Virus Variants
EU countries could begin rolling out Moderna's COVID19 vaccine as soon as next week after authorities approved the region's second shot on Wednesday, with more infectious variants of the virus adding extra urgency to inoculation efforts.
Bidding for Spectrum Auction for Radiowaves Worth Rs 3.92 Lakh Crore to Start from March 1: DoT Notice
The final list of the bidders will be declared on February 24 and bids for spectrum in frequency bands of 700 MHz, 800Mhz, 900 Mhz, 2100 Mhz, 2300 Mhz and 2500 MHz is scheduled to start from March 1, according to the notice.
Prime Minister Narendra Modi to Interact with Leading Economists on Friday
Prime Minister Narendra Modi will interact with leading economists and sectoral experts on Friday to deliberate on measures that may be included in the upcoming budget for promoting growth, amid uncertainty on multiple fronts caused by COVID19. The mee...
Trump Orders Ban On Transactions With More Chinese Apps
President Donald Trump has signed an executive order banning transactions with eight Chinese apps including Alipay and WeChat Pay. The order goes into effect in 45 days, at which point Joe Biden will be the president, so its fate is unclear.
U.S. Hits Iran With Fresh Sanctions As Trump Term Nears End
The United States on Tuesday blacklisted a Chinese company that makes elements for steel production, 12 Iranian steel and metals makers and three foreignbased sales agents of a major Iranian metals and mining holding company, seeking to deprive Iran of re...
Bitcoin or Gold? Which is a Better Investment and Why, Check Here
Bitcoin can be used as digital currency at any store that accepts it, as long as you have a mobile wallet that allows you to pay using bitcoin.
Buoyant German Retail Sales, Jobs Data Belie Broader COVID Gloom
German retail sales rose in November and jobless numbers fell last month, against forecasts that both readings would worsen, suggesting that parts of Europe's largest economy have weathered the impact of the coronavirus unexpectedly well.
Fiat Chrysler, Peugeot Get Green Light For $52 Billion Carmaker
Fiat Chrysler (FCA) and PSA said on Monday that investors had given their blessing to a $52 billion merger to create the world's fourth largest automaker, and shares in the new company, named Stellantis, would start trading in two weeks.
Grab Seeks $750 Million Term Loan, Revenue Jumps 70% In 2020
Southeast Asian ridehailing and food delivery firm Grab is seeking a $750 million term loan, a term sheet showed on Monday after it announced that total group net revenue jumped by about 70% yearonyear in 2020 and had recovered to comfortably above prepan...
US Construction Spending Increases Solid 0.9% In November
Spending on U.S. construction projects increased 0.9% in November as strength in home building offset weakness in other parts of the construction industry.
Brookfield To Take Real Estate Division Private For $5.9B
Brookfield Asset Management is paying $5.9 billion to buy the remaining units of its real estate division that it doesn't already own and take it private.
Gold Begins 2021 With 2% Jump As Dollar Falters
Gold began the new year by climbing 2% on Monday, closing in on its highest in nearly two months as the dollar slid to 2018 lows and prospects of tougher restrictions to combat a new variant of the coronavirus kept safehaven bullion in demand.
Insurer Centene To Buy Magellan In $2.2 Billion Mental Health Push
Health insurer Centene Corp is buying Magellan Health Inc in a $2.2 billion deal, looking to build up its mental health services as more Americans struggle with COVID19related behavioral and anxiety issues.
China Telco Shares Lose 5% In First Trading Day Since NYSE Delisting Announcement
China's three biggest telcos saw their shares drop as much as 5% in Hong Kong on Monday, the first trading session since the New York Stock Exchange (NYSE) said it would delist the firms under a plan China branded "political" and of "limited" impact.