Business

Chevron Corp will lay off about 25% of Noble Energy's employees who joined the oil major after its $4.1 billion purchase of the smaller rival earlier this month, the company said on Tuesday.

Unilever's boards have decided to proceed with the consumer goods giant's plans to unify its AngloDutch corporate structure into a single entity based in London.

U.S. jeweler Tiffany & Co and French luxury goods giant LVMH are in talks to settle their dispute over a $16 billion takeover at a price slightly lower than that initially agreed, sources familiar with the matter said.

U.S. industrial conglomerate 3M Co topped Wall Street estimates for quarterly profit on Tuesday, as the maker of N95 masks benefited from robust demand for its healthcare products during the COVID19 pandemic.

Eli Lilly continues to back a potential COVID19 treatment despite research showing that it may not work on hospitalized patients.

Shareholders in Britain's RollsRoyce approved the aeroengine maker's 2 billion pound ($2.61 billion) rights issue on Tuesday that will bolster the company's finances after the pandemic stopped planes flying.

Drugmaker Pfizer Inc said on Tuesday it was not yet ready to release data from the latestage trial of the COVID19 vaccine candidate it is developing with Germany's BioNTech SE.

Asian stocks fell on Tuesday as investors were unnerved by the soaring global coronavirus cases that dampened the recovery outlook and slow progress on a U.S. stimulus deal.

HSBC Holdings PLC on Tuesday signalled it would embark on a transformation of its business model, seeking to flip its main source of income from interest rates to feebased businesses.

Ant Group will close its Hong Kong institutional book building one day early as it aims to raise about $17.2 billion in the city, according to two sources with direct knowledge of the matter.

If the Supreme Court throws out the Affordable Care Act, your finances and your future could pay the price.

The World Bank should push ahead with its efforts to deliver $160 billion in coronavirus aid by June 2021 and explore additional emergency financing and debt relief for developing countries, the bank's steering committee said on Friday.

Retail sales rose in September for the fifth month in a row, as Americans spent more on clothing, cars and sporting goods.

The European Central Bank should follow the U.S. Federal Reserve in putting more emphasis on welfare when it's setting policy, even if that would mean inflation exceeded its target temporarily, ECB Governing Council member Olli Rehn said.

Strong international cooperation on COVID19 vaccines could speed up the world economic recovery and add $9 trillion (6.9 trillion pounds) to global income by 2025, International Monetary Fund Managing Director Kristalina Georgieva said on Thursday.

More than 80 per cent of the country's paddy crop is grown in the kharif season. The government through the Food Corporation of India (FCI) and state agencies undertakes procurement of paddy at MSP.