Business
Trump Administration Targets Diversity Hiring By Contractors
American companies promising to hire more Black employees in leadership roles and teach their workforce about racism are getting a message from President Donald Trumps administration: Watch your step if you want to keep doing business with the federal gov...
World Stocks Surge As Hopes Grow For U.S. Stimulus
World shares pushed on from onemonth highs, with Asian stocks closing in on twoandahalfyear highs, as expectations grew of a Democratic victory in U.S. elections next month, reviving hopes for more U.S. stimulus.
Global Shares Advance On Stimulus, Biden Victory Hopes
Asian shares inched towards 21/2year highs on Friday as revived hopes for a U.S. stimulus deal eclipsed weakerthanexpected jobs data, while mainland Chinese markets jumped after a weeklong holiday.
OIL India Ltd Begins 'Seismic' Exploration in Andaman Sea for Oil and Gas
The results of the seismic survey would help the firm decide on drilling of wells on the block that could yield oil and gas. The firm has "deployment of a state-of-the-art multi-purpose seismic data acquisition vessel 'SW Vespucci' for the acquisition of...
Combined Fiscal Deficit of Centre, States May Go Up to 14% in FY21: C Rangarajan
Speaking at a programme organised by the ICFAI Business School here, the former Chairman of the Economic Advisory Council to the Prime Minister said banks should neither be timid nor adventurous while lending as the loans of today should not become NPAs o...
Valli Arunachalam Challenges Patriarchy, Sends Legal Notice to Murugappa Family on Being Denied Board Seat
The family's tactics are nothing more than a robe to conceal their socially regressive gender bias, Arunachalam said.
Gold Holds Steady On U.S. Stimulus Hopes, U.S. Jobs Data In Focus
Gold prices were little changed on Thursday as renewed hopes for more U.S. stimulus kept the bullion afloat, with investors eyeing the weekly jobless claims data to further gauge the health of the world's largest economy.
AstraZeneca Could Profit From COVID-19 Vaccine As Early As July - FT
AstraZeneca could start profiting from its COVID19 vaccine as soon as July next year, the Financial Times reported on Wednesday, citing a memo showing the British drugmaker can declare when it considers the pandemic to have ended.
Gold Steady On U.S. Stimulus Hopes, Jobless Claims Data Awaited
Gold prices were steady on Thursday as renewed hopes for more U.S. stimulus kept the bullion afloat, with investors eyeing the weekly jobless claims data to further gauge the health of the world's largest economy.
Cabinet Approves Cyber Security Pact Between India and Japan
Both sides, through the MoC, will affirm cooperation in the international arena including in the United Nations, discussing and sharing strategies and best practices to promote the integrity of the supply chain of ICT (information communication technology...
German Industrial Output Falls Unexpectedly In August
German industrial output edged down unexpectedly in August, data showed on Wednesday, suggesting that the recovery in Europe's largest economy from the coronavirus shock could be less powerful than originally hoped for.
TSE Sets Up Committee On Outage As Fujitsu Continues Investigation
The Tokyo Stock Exchange (TSE) has appointed four external board members to a committee to investigate last week's trading outage as its system developer, Fujitsu Ltd , continues to examine the cause of the incident.
Asian Stocks Set To Dip After U.S. Halts Stimulus Talks
Asian stocks were set to open lower on Wednesday, weighed by a weaker Wall Street finish after U.S. President Donald Trump dashed hopes for a fourth stimulus package with a tweet.
Global Central Bankers Say Fiscal Aid Crucial In New Phase Of Pandemic Battle
Top U.S. and European central bankers on Tuesday called for renewed government spending to support families and businesses as the battle against the coronavirustriggered recession enters a newly critical phase.
US Job Postings Edge Down To 6.49 Million
U.S. employers advertised for slightly fewer jobs in August as hiring ticked up modestly.
S&P Global Sees U.S., European Corporate Default Rates Doubling
The COVID19 shock will double company default rates across the United States and Europe over the next 9 months, ratings agency S&P Global said on Tuesday, although it noted that the record downgrade pace of recent months was now slowing.