Business

Investors believe the pandemic's worst effects on corporate profits have passed. Now it's up to CEOs to deliver the confirmation.

Confirming the development, WRAP spokesperson Seth Lennon said it has started an investigation against the Indian company after receiving complaints from the Government Pension Fund of Norway.

Global stock markets and U.S. futures declined Thursday as hopes U.S. leaders will agree on new economic aid before the Nov. 3 presidential election faded.

Global shares slipped on Thursday as investors locked in recent gains amid rising concerns about resurgent COVID19 infections and after the U.S. Treasury Secretary dashed any remaining hopes of a stimulus package before the Nov. 3 election.

Oil prices rose slightly in early trade on Thursday after data showed U.S. crude stockpiles fell last week, adding to 2% gains overnight, as OPEC and its allies were seen fully complying in September with their pact to curb output.

Earlier in the day in a tweet, Rahul Gandhi took a dig at the government over IMF growth projections showing Bangladesh closing in on India in terms of per capita GDP this year and described it as a "solid achievement" of six years of BJP's "hatefilled cu...

Bank of America Corp. says profit fell 15.6% to $4.88 billion in the third quarter from $5.78 billion a year ago.

Indian shares fell on Wednesday after the International Monetary Fund cut its economic growth forecast for the country for the second time in nearly four months, while a broader global selloff weighed on sentiment.

Singapore's central bank left its monetary policy unchanged on Wednesday and said its accommodative stance will remain appropriate for some time as the citystate's economy emerges from its coronavirus slump.

Gold prices lingered below the key $1,900/ounce psychological level on Wednesday as lack of an agreement on additional U.S. fiscal stimulus helped the dollar stay firm.

Asian equities slipped on Wednesday as halted COVID19 vaccine trials and an impasse in U.S. fiscal aid package talks soured risk appetite, while the greenback held on to gains as demand firmed for safeharbour assets.

Wall Street snapped a fourday winning streak on Tuesday, with a halted COVID19 vaccine trial and an elusive U.S. stimulus agreement weighing on sentiment as third quarter earnings season kicked off.

The G20 group of rich nations and big emerging powers will extend their Debt Service Suspension Initiative (DSSI) until the middle of next year, a draft communique showed on Tuesday, to help the world's poorest countries cope with the fallout of the COVID...

It cost a whole lot more to buy a used SUV, car, truck or van last month than it did before the coronavirus hit, and that almost singlehandedly caused September's modest consumer price increase.

Wall Street's main indexes fell on Tuesday after a fourday winning streak as a pause in Johnson & Johnson's COVID19 vaccine trials spurred concerns about a full economic rebound from the coronavirusled downturn.

The summer travel season was even worse than expected for Delta Air Lines, which lost $5.38 billion in the third quarter as people hunkered down at home during the pandemic.