Business
Brexit In Crisis: EU Considers UK Plan A Breach Of Good Faith
The European Union was on Thursday exploring possible legal action against Britain over Prime Minister Boris Johnson's plan to undercut parts of the Brexit divorce treaty, with EU officials saying London may already be in breach of the treaty.
Reliance Industries Jump 8.5 percent, First Indian Firm to Reach Rs 14 lakh crore Mark
Gain in Reliance Industries was also instrumental in market rally, with the 30-share BSE Sensex trading 544.58 points higher.
India's Fuel Demand Fell 15.6% Y/y In August
Reuters - India's fuel demand fell 15.6 percent in August compared with the same month last year.
Virgin Australia To Cull A Third Of Its Boeing 737 Fleet Under Bain Ownership
Virgin Australia Holdings Ltd said on Wednesday it is returning a third of its fleet of Boeing Co 737 planes to lessors and financiers as part of a turnaround plan under new owner Bain Capital.
Liquidation Business Booms In South Korea As Wave Of Small Retailers Close Due To Virus
You Youngsik has tried his luck running businesses, but when his convenience store, a sausage factory and a secondhand furniture shop all failed, he realised he had found a niche, one that he understood well: helping people go out of business.
Stocks End Lower As Tech Swoon Persists, Tesla Tumbles
U.S. stocks closed lower for a third straight session on Tuesday as heavyweight technology names extended their selloff, while Tesla suffered its biggest daily percentage drop after the stock was passed over for inclusion in the S&P 500.
Exxon, Tesla Fall; Nikola, Beyond Meat Rise
Stocks that moved heavily or traded substantially Tuesday:
Ease of Doing Business: Kerala Seeks Clarity on EoDB Ranking Criteria from Centre
As the states nodal agency for industrial promotion, KSIDC has approached the Centre seeking the details in this regard, Harikishore said. The EoDB ranking was published on the DPIIT website on September 5.
Slim Majority Of Economists Bet On Malaysia Central Bank Rate Cut This Week: Poll
Economists are split on whether Malaysia's central bank will cut interest rates this week, with a slim majority in a Reuters poll betting on a rate reduction, as policymakers balance the need to support a virushit economy with a pickup in exports.
Exclusive: Exxon Downsizes Global Empire As Wall Street Worries About Dividend
Illtimed bets on rising demand have Exxon Mobil Corp facing a shortfall of about $48 billion through 2021, according to a Reuters tally and Wall Street estimates, a situation that will require the top U.S. oil company to make deep cuts to its staff and p...
South African Retailer Clicks' Stores Face Protests Over Ads Seen As Racist
Demonstrators damaged seven of South African drug retailer Clicks Group's shops on Monday and forced more than 400 to close during protests over what they said was a racist advertisement.
FAA Investigating Manufacturing Flaws In Boeing 787 Jetliners
The U.S. Federal Aviation Administration said Sunday it is investigating manufacturing flaws involving some Boeing 787 Dreamliners but said it was too early to say if it will require new inspections.
IAG Airline's Walsh Hands Control To Gallego With Crisis In Mid-air
Willie Walsh will pass the controls of IAG to Luis Gallego at the British Airways and Iberia owner's annual meeting on Tuesday, where shareholders will be asked to stump up billions of euros to help it through the coronavirus crisis.
Japan's Economy Shrinks More Than Expected In Second Quarter, Heightens Woes For New Leader
Japan's economy shrank more than initially estimated in the second quarter as capital expenditure took a hit from the coronavirus crisis, highlighting the challenge policymakers face in averting a deeper recession.
Big Trade Houses See Persisting Oil Stocks Bubble
Trading firms enjoyed an unprecedented boom in the first half of 2020 due to extreme volatility caused by the COVID19 pandemic but the market's direction now looks less certain due to high stocks and tepid demand recovery.
Nirav Modi Extradition Case: UK Court Given Fresh Video Tour of Mumbai's Arthur Road Jail
The UK's Crown Prosecution Service (CPS), representing the Indian authorities in the estimated USD 2-billion Punjab National Bank (PNB) scam case, played the video alongside providing some information on the coronavirus testing and facial covering measure...