Business

Oil prices settled lower on Friday, as demand worries due to new coronavirusrelated restrictions on business in New York overshadowed progress toward vaccination programs.

The World Bank has approved a $100 million grant for Mozambique to upgrade its urban infrastructure, the global lender said on Friday.

The United Kingdom quit the EU in January but remains an informal member until Dec. 31 when it will finally leave the bloc’s orbit after 48 years. Both sides say they want a trade deal but negotiations are deadlocked.

Indianbased metals and mining group Vedanta Resources said on Thursday it will fight any attempt by the Zambian government to sell its Konkola Copper Mines (KCM) business to third parties.

The COVID19 pandemic has been a disaster for many U.S. manufacturers, but it is also creating acquisition opportunities.

Nestle launched its plantbased Harvest Gourmet brand in China on Wednesday, moving into the country's meat substitute industry that has seen a surge of interest from investors and brands over the past year.

Britain will suspend retaliatory tariffs imposed on U.S. goods as part of a dispute over aircraft subsidies from Jan. 1, the trade department said, describing the move as an attempt to deescalate a damaging international trade conflict.

A federal judge has blocked President Donald Trump's attempts to ban TikTok, the latest legal defeat for the administration as it tries to wrest the popular app from its Chinese owners.

It's not only the weather that might come as a shock when the World Economic Forum moves from Davos, the Swiss ski resort after which it takes its informal name, to the tropical Southeast Asian citystate of Singapore in May.

The broader NSE Nifty rose 44.90 points or 0.34 per cent to 13,400.65. It touched its lifetime intra-day peak of 13,402.70 in early trade.

T.Y. Hilton waited 11 games to catch his first touchdown pass from Philip Rivers.

Stocks on global indexes eased on Monday as worries escalated over the economy because of increasing COVID19 cases and restrictions, while sterling slumped as Britain and the European Union made a lastditch attempt to strike a trade deal.

Airbus is heading towards a total of 550 or more jet deliveries in 2020 after handing over more than 60 aircraft in November, according to tracking data and industry sources.

Gold prices fell on Monday on overall optimism over this week's coronavirus vaccine rollout in Britain and as the dollar bounced off a multiyear low.

A look at some of the key business events and economic indicators upcoming this week:

Credit card giants Visa and Mastercard said Sunday that they are investigating their business relationship with Pornhub after a prominent newspaper columnist alleged that the pornographic website shows videos of rape and underage sex.