Business
Liz Weston: How Small Businesses Can Help Workers Save
Donna Skemp of Bend, Oregon, struggled to save before she signed up for an automatic savings plan offered by her employers payroll services company. Now, some of her pay goes into a federally insured, interest-paying savings account that she can access an...
Amazon Seeks Control of Future Group's Assets Worth Rs 30K Cr with Rs 1,431 Cr Investment
Amazon engaged in discussions with Future Group, but could not come up with any viable option to avert the crisis. Future Group also engaged with Reliance Retail for potential partnership(s).
Hungary Says Veto EU Budget, COVID Recovery Scheme Over Funding Conditions
Hungary plans to veto the European Union's 202127 budget and its postCOVID recovery scheme over a proposal to make funding conditional on member states' adherence to the rule of law, its government spokesman said on Monday.
Clearing Houses Face Tougher Crisis Management Scrutiny
Global regulators have tightened their scrutiny of whether clearing houses hold enough capital and cash to avoid calling on taxpayers in a crisis, according to new guidelines published on Monday by the Financial Stability Board (FSB).
Huawei CFO Witness Testimony To Resume In Canada In U.S. Extradition Case
Witness crossexamination in the U.S. extradition case of Huawei Chief Financial Officer Meng Wanzhou will resume in a Canadian court on Monday where Meng's lawyers are trying to establish that her rights were violated during the events leading up to her a...
Gold Hits One-week Peak as Softer Dollar, Worsening Pandemic Lift Appeal
US gold futures were up 0.5% at $1,894.90. The dollar index was down 0.2% making bullion cheaper for holders of other currencies.
Asian Stocks Hit Record Peak As Vaccine Hopes Dampen Virus Fears
Asian stocks hit a record high on Monday as vaccine optimism and strong economic data from China and Japan outshone worries about rising coronavirus cases, lifting just about every sector.
ONGC Books Rs 1,238 Cr Impairment Loss, Q2 Net Profit Down 55 Pc
Revenue dropped 31 per cent to Rs 16,917 crore. The company got USD 41.38 for every barrel of crude oil it produced and sold in the second quarter of the current fiscal. This was 31.4 per cent lower than USD 60.33 per barrel price it had got in July-Septe...
Exclusive: Ovintiv Puts Eagle Ford Shale Assets Up For Sale - Sources
Ovintiv Inc is looking to sell its Eagle Ford acreage in southcentral Texas, several people familiar with the matter said on Friday, the latest debtladen oil and gas producer to put assets on the block to raise cash during this year's coronavirusfueled oi...
Cisco Systems, DraftKings Rise; Digirad Falls
Stocks that moved heavily or traded substantially Friday:
Business Events Scheduled For The Coming Week.
Business events and economic reports scheduled for the coming week.
Oil Falls On Rising Libya Output, Coronavirus Surge
Oil prices fell about 2% on Friday, pressured by swelling output from Libya and fears that rising coronavirus infections may slow the recovery in the global economy and fuel demand.
Oil Falls On Coronavirus Surge But On Track For Weekly Gain
Oil prices fell on Friday, pressured by fears about a slow recovery in the global economy and fuel demand due to rising coronavirus infections, but hopes for a vaccine kept the market on track for a second straight weekly gain.
Lockdown 2.0: Food Companies Overhauled Production To Put More Toilet Paper, Pasta Sauce In Stores
When rumors first began to circulate that the UK would go back into lockdown, Leanne Barnes despaired as bread and toilet roll flew off the shelves again at her local supermarket. But to her surprise, shelves were back to being fully stocked within a few...
Exploding Takata Air Bag Inflator Kills Man In Arizona Crash
U.S. investigators have determined that shrapnel from an exploding Takata air bag killed a BMW driver during a crash in Arizona.
US Senate Likely To Vote On Controversial Fed Pick Next Week
Washington (AP) President Donald Trump's unorthodox choice for the Federal Reserve Board of Governors, Judy Shelton, could be voted on by the Senate next week, Majority Leader Mitch McConnell's office said Thursday. The willingness of the Senate GOP le...