Business

India has decided not to mandate secondary listings for domestic firms that float their shares on a foreign stock exchange as the government prepares a new policy, two senior government sources and two industry executives told Reuters on Thursday.

The U.S. State Department on Wednesday warned international financial institutions doing business with individuals deemed responsible for China's crackdown in Hong Kong that they could soon face tough sanctions.

The stock tumbled 6.81 per cent to close at Rs 350.15 on the BSE. During the day, it declined 7.25 per cent to Rs 348.50.

Shares in Dutch mapping and navigation company TomTom jumped as much as 6% on Wednesday after it reported quarterly results ahead of analysts' forecasts, boosted by strong automotive sales in a recovering industry.

Oil prices were steady on Wednesday on concerns that fuel demand will continue to falter as rising coronavirus cases across Europe and in the United States, the world's biggest oil consumer, could impede economic growth.

Stocks that moved heavily or traded substantially Tuesday:

Apple unveiled four new iPhones equipped with technology for use with faster new 5G wireless networks.

Shares were mixed in Asia on Tuesday, as investors were encouraged by strong growth in China's trade in September.

Wall Street surged on Monday, fueled by expectations of a coronavirus relief package and by a rally in Amazon, Apple and other technology stocks ahead quarterly earnings season.

Americans who own stocks are pulling further away from those who don't, as Wall Street roars back to record heights while much of the economy struggles. And Black households are much more likely to be in that notasfortunate group that isn't in the stock m...

A global economic watchdog on Monday proposed an overhaul of international tax rules to make sure big tech companies pay their dues, and warned that failure to adopt it would make the economic recovery from COVID19 harder.

When the pandemic blew a hole in the U.S. labor market last spring, the hope was for a quick return to normal.

Thyssenkrupp will consider all options, including the government taking a stake, in its plans to fix its ailing steel unit, Chief Executive Martina Merz said.

A Mexican auto plant belonging to German carmaker Audi remains open and did not close following a dispute over unpaid bills that the firm denies, as was reported by local media, an official with the company told Reuters on Saturday.

U.S. stocks rose on Friday and the S&P 500 and Nasdaq registered their biggest weekly percentage gains since July as optimism over more federal fiscal aid grew.

Benchmark U.S. crude oil for November delivery fell 59 cents to $40.60 a barrel Friday. Brent crude oil for December delivery fell 49 cents to $42.85 a barrel.