Business

U.S. Presidentelect Joe Biden is expected to nominate Federal Trade Commission member Rohit Chopra to head the Consumer Financial Protection Bureau, according to a person familiar with the new administration's plans.

The U.S Securities and Exchange Commission has launched an investigation of Exxon Mobil Corp following a whistleblower complaint that the oil major overvalued a key asset in the top U.S. shale field, the Wall street Journal reported on Friday.

U.S. wholesale prices rose 0.3% in December led by a the biggest jump in energy costs since June.

Though Isaac would present the last budget as a full- fledge one, the House would pass only a vote-on-account for four months as the tenure of the present government would end soon.

This year's Budget will be of utmost importance as it comes at a time when the economy has been hit badly by the COVID-19 pandemic.

The Trump administration in its waning days took another swipe at China and its biggest firms on Thursday, imposing sanctions on officials and companies for alleged misdeeds in the South China Sea and imposing an investment ban on nine more firms.

General Electric Co accused a Siemens Energy AG subsidiary of using stolen trade secrets to rig bids for lucrative contracts supplying gas turbines to public utilities, and cover up improper business gains totaling more than $1 billion, according to a law...

American Airlines is telling its pilots to take the COVID19 vaccine on their days off if they choose to be inoculated against the virus, which the company is not currently requiring, according to a memo reviewed by Reuters.

The Lok Sabha Secretariat in a statement said the fifth session of the 17th Lok Sabha will start on January 29 and is likely to end on April 8.

A Federal Reserve survey of U.S. business conditions has found modest economic gains at the start of the year, although some parts of the country saw slowdowns stemming from a renewed surge of COVID19 cases.

Gold eased on Tuesday in choppy trading that earlier saw it climb as much as 1% as a surge in U.S. Treasury yields outweighed support from bets on higher inflation as Washington rolls out more stimulus.

Minister of State for Agriculture Kailash Choudhary said the government is always ready for talks but it is up to farmer unions to decide whether they want to go ahead with the scheduled ninth round of talks on January 15.

Singapore Airlines said on Tuesday some of its Singaporebased staff have been offered COVID19 vaccinations by the government.

As Canadian provinces struggle to contain rising COVID19 infections, a lack of adequate paid sick leave for frontline workers is fuelling transmission, doctors and advocates say.

Gold gained about 1% on Tuesday, bouncing off a onemonth low touched in the last session, as focus returned to prospects of inflation driven by more U.S. fiscal stimulus under Presidentelect Joe Biden.