Business

Orders for Germanmade goods rose sharply in June in the latest sign that Europe's largest economy is starting to shrug off the effects of months of lockdown, but volumes were still far below prepandemic levels, according to Statistics Office data.

Gold prices raced towards a record high on Thursday as dismal U.S. jobs data hammered the dollar and intensified worries about a recovery in the pandemicravaged global economy.

Siemens posted betterthanexpected industrial profit for its third quarter as the German engineering group weathered the effects of the coronavirus pandemic.

The head of the U.S. House Financial Services Committee and other top Democratic lawmakers on Wednesday asked federal regulators to investigate securities transactions made by Eastman Kodak and its executives around the time it learned it could receive a...

Singapore's DBS Group Holdings reported a 22% fall in secondquarter net profit on Thursday after shoring up loan loss allowances in a pandemichit market, but its profit came just above market estimates and rose from the preceding quarter.

Bank of Japan Governor Haruhiko Kuroda warned that economic activity could be constrained "significantly" again if strict public health measures are reinstated to prevent a further spread of the coronavirus pandemic.

Bookmaker William Hill reported a betterthanexpected firsthalf profit on Wednesday, while announcing 119 UK betting shops closed by coronavirus lockdowns would not reopen as it combines its online and retail British businesses.

Britain's banks took a gloomier view than almost all their European peers in their second quarter earnings, as coronavirus fears, Brexit and low interest rates caused them to bake tougher "worstcase" scenarios into their risk models.   

Honda Motor Co on Wednesday forecast a 68% fall in annual operating profit as it anticipates a hit from falling sales as demand for cars has plunged due to the coronavirus pandemic.

Without naming China, the Tata Sons Chairman said a huge opportunity has presented itself because of the rebalancing of supply chains and India can find success if it works on the infrastructure front.

On a summer's evening, the streets of central London echoed to what has become a rare sound during the coronavirus pandemic: the chatter and laughter of diners seated at terrace tables.

BP cut its dividend for the first time in a decade after a record $6.7 billion second quarter loss when the coronavirus crisis hammered fuel demand and it sought to win over investors by speeding up its reinvention as a lower carbon company.

Ryanair flew 4.4 million passengers in July, a broadly expected 70% yearonyear fall after it operated around 40% of its normal July schedule with a 72% load factor, a measure of how well an airline fills its available seats.

Britain's Neptune Energy and its partners have discovered oil at a jointly owned drilling license in the Norwegian part of the North Sea, and will now consider options for how to develop the find, the company said on Tuesday.

Mitsubishi UFJ Financial Group Inc (MUFG), Japan's largest lender by assets, on Tuesday said its net profit fell 52.9% in its first quarter to June 30 after creditrelated costs ballooned during the coronavirus pandemic.

British low cost airline easyJet said it planned to fly about 40% of its capacity over the rest of the summer, more than originally scheduled as bookings were stronger than expected despite ongoing restrictions due to the pandemic.