Business
US Justice Department Warns FIFA On International Ban
The U.S. Justice Department has entered into a sports dispute involving the company of a longtime friend of President Donald Trump, warning FIFA that a prohibition against staging league matches internationally could violate American antitrust laws.
In Canada, Airlines Face Uphill Climb To Replace Quarantines With COVID-19 Testing
Transport Canada is holding early talks with airlines to introduce COVID19 testing at airports, but the day when such tests could become an alternative to the quarantines decimating travel could still be far off, sources familiar with the discussions said...
Wall Street Advances As U.S. Factory Activity Hits 19-month High
Wall Street climbed on Tuesday as a surge in Apple shares propelled the techheavy Nasdaq to record highs, while betterthanexpected U.S. manufacturing sector data fueled optimism around a postpandemic economic recovery.
Gail India Offers U.S. LNG Cargoes From Cove Point - Sources
GAIL (India) has offered at least three liquefied natural gas (LNG) cargoes for loading from the Cove Point terminal in Maryland in the United States over May to July, three industry sources said on Tuesday.
Maersk To Cut Jobs In Major Reorganisation, Internal Email Says
Shipping group Maersk will cut job cuts as part of a major reorganisation, an internal email sent to Maersk employees shows.
German Manufacturing Recovery Remains On Track In August - PMI
German manufacturers' recovery from lockdown measures continued last month, with output growing at the fastest pace since February 2018, a survey showed on Tuesday.
Lawsuit Says McDonald's Discriminates Against Black Franchisees
McDonald's Corp has been sued by 52 Black former franchise owners who accuse the fastfood giant of racial discrimination by steering them to depressed, crimeridden neighbourhoods and setting them up for failure.
Big Oil's Patchy Deals Record Casts Shadow Over Green Makeover
As major oil companies prepare to spend billions on renewable energy assets to stay relevant in a lowcarbon future, the industry's patchy track record on takeovers is red flag for some investors.
Framework Complete, Fed Faces Election Year Call On Next Steps
With a new policy framework in place, the Federal Reserve will turn to discussion of its next steps in the fight against the economic fallout of the coronavirus pandemic, and if and when to roll out additional support.
Administration: 70% Of Relief Payments To The Dead Recovered
The Trump administration says that it has recovered nearly 70% of the government relief payments that went to dead people.
Delta Joins United In Dropping Most Change Fees For US Trips
This could be the final boarding call for the $200 ticket-change fee that has enraged so many U.S. airline travelers over the past decade.
Germany To Revise Downward Its 2021 Growth Forecast On Coronavirus Woes - Sources
The German government expects the economic devastation caused by the coronavirus pandemic this year to be slightly less severe than originally feared, but it will revise downward its growth forecast for next year, two sources told Reuters on Monday.
Delhi, 5 Other States Reject Centre's Proposal on GST Compensation Payment
Sources told News18 that Punjab, Delhi, Kerala, West Bengal, Chhattisgarh and Telangana want Centre to borrow funds needed to pay off the states.
Global Stocks Mixed After Wall Street Advances To Record
Global stocks were mixed Monday after Wall Street turned in its fifth straight weekly gain and Chinas manufacturing growth held steady.
Gold Hits Near Two-week High On Weaker Dollar, Dovish Fed Signals
Gold prices rose on Monday to their highest level in nearly two weeks, as demand was boosted by a weaker dollar and the U.S. Federal Reserve's new policy framework suggested that interest rates would remain low for some time.
What the Reliance Retail-Kishore Biyani Deal Means for Shareholders in Various Future Group Arms
The deal is positive for all shareholders in all Future Group arms, except the Future Enterprises.
