Business

NBCUniversal Vice Chairman Ron Meyer left the Comcast Corp owned company on Tuesday, after disclosing that he had made a settlement with a woman with whom he had a consensual affair years ago.

The regulator recently sent reminders to the two companies to submit the additional data to back their claims, said a source.

France's champagne makers on Tuesday reached a lastminute agreement to reduce the amount of grapes they will harvest this year as they try to recover from a collapse in sales caused by the coronavirus crisis.

Construction of new U.S. homes surged 22.6% last month as homebuilders bounced back from a lull induced by the coronavirus pandemic.

Franklin Templeton shut six debt mutual fund schemes on April 23, citing redemption pressure and lack of liquidity in the bond market.

British grocery sales grew 14.4% in the 12 weeks to Aug. 9, a slight decline from last month's data as shopping habits eased back towards normality after months of coronavirus lockdown, industry data showed on Tuesday.

Shares were mixed in Europe and Asia on Tuesday, after buying of technology stocks nudged the S&P 500 closer to the record high it set in February before the pandemic crunched the global economy.

China's Ministry of Commerce said on Tuesday it had begun an antidumping investigation into imports of wine from Australia following a request from the China Alcoholic Drinks Association on behalf of the domestic industry last month.

California's Fair Political Practices Commission has said it would investigate complaints regarding Yu Ben Meng, former chief investment officer of CalPERS, the largest public U.S. pension fund.

The Nasdaq surged to a record high close on Monday, while the S&P 500 approached its own record level, with both indexes lifted by Nvidia and other technology stocks.

Global equities edged higher and perceived safe havens such as U.S. Treasuries gained Monday as investors weighed further financial stimulus in China against tightening economic restrictions in Italy after a resurgence of coronavirus cases among young peo...

World markets edged up on Monday though Japanese stocks sank after the country reported a record economic contraction during the coronavirus pandemic.

Asian shares crept back toward recent peaks on Monday as Chinese markets swung higher, while investors waited to see if the recent selloff in longerdated U.S. Treasuries would extend and maybe take some pressure off the beleaguered dollar.

Unilever's German food company Knorr will rename its popular "Zigeuner" or gypsy sauce as Hungarianstyle paprika sauce after complaints that the name is offensive, becoming the latest brand to shift after a wave of protests over racism.

According to the World Gold Council (WGC), India's gold consumption fell by a staggering 56 percent during the first half of 2020 compared with the same period last year.

Germany's largest trade union, IG Metall, on Saturday proposed negotiating for a move to a fourday week to help secure jobs against economic fallout from the coronavirus crisis and structural shifts in the automobile industry.