Business

Japan's Hitachi Ltd is scrapping plans to build a nuclear power plant in Wales, it said on Wednesday, dealing a blow to UK hopes to replace its ageing plants.

An Indian court has issued a second arrest warrant for a marine refuelling tanker owned by troubled UAE oil trader GP Global after it failed to make payments to its ship manager, court documents showed.

L&T Technology Services (LTTS) on Wednesday announced a partnership with UK-based Cloud, connectivity and communications services provider, Exponential-e to jointly offer workplace transformation solutions to customers working in the post-COVID environm...

Sterling and Wilson Solar Ltd on Wednesday said its consolidated net profit dipped 62 per cent on a year-on-year basis to Rs 17.22 crore in the June quarter mainly due to lower revenues. The consolidated net profit of the company stood at Rs 46.01 cror...

Most Asian shares rose on Wednesday, extending a rally driven by upbeat Chinese and U.S. economic data, but the dollar, U.S. yields and gold held steady as investors awaited the Federal Reserve's view on the economy at its policy meeting.

CNBC host Jim Cramer says he made a very stupid comment by referring to House Speaker Nancy Pelosi as Crazy Nancy during a televised interview Tuesday morning that sparked criticism on social media.

The World Trade Organization found on Tuesday that the United States breached global trading rules by imposing multibilliondollar tariffs in President Donald Trump's trade war with China, a ruling that drew anger from Washington.

Opendoor Labs Inc, the homeselling platform backed by SoftBank Group , said on Tuesday it has agreed to go public through a merger with a blankcheck company led by venture investor Chamath Palihapitiya in a deal that will value the company at $4.8 billion...

Kohl's, whose sales have been hurt by the pandemic, said Tuesday that it will cut 15% of its office workers to save money.

A number of JPMorgan Chase traders have been sent home after employees tested positive for COVID19, less than a week into the bank's push to start bringing its workers physically back into the office.

Apple introduced a cheaper version of its smartwatch, its latest attempt to broaden the appeal of its trendsetting products while many consumers are forced to scrimp during the coronavirus pandemic.

U.S. median household income hit a record high in 2019 and the poverty rate fell, according to a government survey released on Tuesday that offered a snapshot of the economy before millions of American jobs were destroyed by the coronavirus pandemic.

Cadila Pharmaceuticals Chairman and MD Rajiv I Modi said in the light of changing health scenario around the world, the synergy that is required is: 'discovery and design in the UK and develop and manufacture in India'.

Lowe's is offering small businesses, particularly those owned by minorities, the Shark Tank treatment.

Crude oil storage in developed countries reached an alltime high in July, the International Energy Agency said on Tuesday, in a sign that demand had faltered due to the economic damage wrought by the coronavirus.

The International Energy Agency (IEA) trimmed its 2020 oil demand forecast on Tuesday, citing caution about the pace of economic recovery from the pandemic.