Business

Business events and economic reports scheduled for the coming week.

Britain clinched a narrow Brexit trade deal with the European Union on Thursday, just seven days before it exits one of the world's biggest trading blocs in its most significant global shift since the loss of empire.

Oil prices edged down on Thursday but were holding well above $50 per barrel in light holiday trade as a drop in U.S. stockpiles spurred demand hopes, while hints of an imminent Brexit deal underpinned investors' risk appetite.

The Chinese foreign ministry on Thursday denied that talks on an investment pact between the European Union and China had run into complications due to Chinese demands on nuclear power investment.

Luxury carmaker Jaguar Land Rover has not seen any impact so far from issues at UK ports, its parent Tata Motors said on Thursday, even as many countries cut transport ties with Britain due to a fastspreading new variant of the coronavirus.

Gold prices rose on Thursday as the dollar eased and investors bet on further U.S. stimulus though President Donald Trump threatened to veto a longawaited pandemic relief bill.

Gold prices gained on Thursday, supported by a weaker dollar as investors bet on further U.S. stimulus following dour economic data even as President Donald Trump threatened to veto a longawaited pandemic relief bill.

A senior European diplomat told Reuters on Wednesday that a Brexit trade deal was imminent and could be clinched within hours, raising hopes that Britain and the European Union can avoid a turbulent economic rupture in just eight days.

U.S. consumer spending fell 0.4% in November, the first decline since April, as Americans confronted a newly resurgent virus.

If you are purchasing 10 grams of 22-carat gold in Delhi, you will be paying Rs 49,160. For buying 10 grams of 24-carat gold, you will be paying Rs 53,620, which is Rs 10 more than yesterday’s gold rate.

Lingering concerns over a new variant of COVID19 in the United Kingdom weighed on a gauge of global equities on Tuesday and sent the euro, British pound and U.S. Treasury yields lower.

Shares of Apple Inc jumped nearly 5% on Tuesday, a day after Reuters exclusively reported that the iPhone maker is aiming to produce a passenger vehicle by 2024 with its own battery technology.

The official cost of the postponed Tokyo Olympics has increased by 22%, the local organizing committee said Tuesday in unveiling its new budget.

Gold prices gained on Tuesday as a U.S. coronavirus aid package set for Senate approval boosted the metal's appeal as an inflation hedge, while a new coronavirus strain shutting down much of Britain lent further support.

Apple Inc is moving forward with selfdriving car technology and is targeting 2024 to produce a passenger vehicle that could include its own breakthrough battery technology, people familiar with the matter told Reuters.

The economy contracted by a historic 23.9 per cent in the first quarter of 2020-21 on account of the impact of the coronavirus pandemic. The contraction, however, narrowed to 7.5 per cent in the second quarter.