News

OPEC oil output has risen by over 1 million barrels per day (bpd) in July as Saudi Arabia and other Gulf members ended their voluntary extra supply curbs on top of an OPECled deal, and other members made limited progress on compliance.

Dutch healthcare equipment company Philips did not raise the price of its ventilators to maximise profit from sales during the coronavirus crisis, it said on Friday in response to a U.S. Congress report.

U.S. travel management firm CWT paid $4.5 million this week to hackers who stole reams of sensitive corporate files and said they had knocked 30,000 computers offline, according to a record of the ransom negotiations seen by Reuters.

The party has demanded public apology from the two leaders, failing which they have been threatened with legal action.

The World Trade Organization has failed to select a caretaker chief due to an impasse among members who must still agree by November on a replacement for outgoing DirectorGeneral Roberto Azevedo, the Genevabased body said on Friday.

Slovakia reported on Friday its first coronavirus death since the middle of May, bringing its toll to 29, one of the lowest in Europe.

Exxon Mobil Corp reported a $1.1 billion loss for the second quarter on Friday, the first backtoback quarterly loss for the U.S. oil giant in at least 36 years.

The COVID-19 pandemic has taken a heavy toll on automakers globally and piled pressure on Tata Motors, which was trying to improve JLR’s sales after reeling from weak demand and political uncertainty related to Brexit.

Elsewhere, Maharashtra Navnirman Sena (MNS) chief Raj Thackeray said the Maha Vikas Aghadi (MVA) government will not last long as there is lack of unity among the ruling allies.

Northern Ireland on Friday launched the United Kingdom's first COVID19 tracing app, and the first one that can also trace users in another country, Ireland, who have been in contact with someone suffering from the disease.

Food inflation stood at 5.49 per cent in June 2020 as against 5.88 per cent in the previous month and 5.47 per cent during the corresponding month a year ago

Huawei's [HWT.UL] top manager in Germany has appealed to the government not to shut it out of building 5G mobile networks, Der Spiegel said on Friday, after Britain decided to purge the Chinese firm's equipment from its network on security grounds.

Rafale is a game changing fighter which will change the way we fight.

The U.S. Agriculture Department has identified more than a dozen plant species ranging from morning glories to mustard in bags of unsolicited seeds arriving in the mailboxes of thousands of Americans, mostly postmarked from China.

The U.S. government will pay $2.1 billion to Sanofi SA and GlaxoSmithKline Plc for COVID19 vaccines to cover 50 million people and to underwrite the drug makers' testing and manufacturing, the companies said on Friday.

The buttress of the all-weather road caved in following heavy rains near Hindolakhal on Rishikesh-Chamba-Gangotri highway around 4 am and the rubble came crashing on a double-storey building in Kheragad village.