Business

Bus company National Express reported a pretax loss of 61 million pounds ($79.69 million) for the first half on Thursday and pledged further action to strengthen the balance sheet as travel remains at "much suppressed levels".

India's main indexes rose on Thursday, powered by gains in metal stocks, while an overnight rally in technology stocks on Wall Street and a surprise rise in U.S. inflation boosted global sentiment.

The U.S. economic slowdown is likely to continue as more restrictions are put in place to control the coronavirus epidemic, and Americans will have to learn to "live with" the virus for the rest of the year, two Federal Reserve policymakers said on Wednes...

As many as 1,787 big wilful defaulters owe outstanding loans of Rs 37,020.27 crore at the end of June, according to the list of wilful defaulters with outstanding of Rs 25 lakh and above as of June 30 uploaded on the PNB website.

Aluminium companies have in recent years launched a raft of aluminium products with lower carbon dioxide emissions, largely by either using hydro power or recycled material.

The Railways has invited 12 Request for Qualifications for private participation in operation of passenger trains over 109 origin-destination pair of routes through introduction of 151 modern trains (rakes).

Britain said its latest round of trade talks with the United States made positive progress in many areas, and that both sides agreed negotiations should continue at pace in the coming months.

Hong Kong's Cathay Pacific Airways Ltd warned it did not expect a meaningful recovery in passenger demand for some time due to the coronavirus pandemic after posting a record firsthalf loss, but signalled a brighter cargo market outlook.

Gold dropped more than 2% to break below the key $1,900 per ounce level on Wednesday as a resurgent dollar forced bullion investors to reassess their positions after a recordbreaking price rally.

Nearly 20,000 Commonwealth Bank of Australia mortgages are held by people receiving jobless benefits due to COVID19, raising concerns for the economy of possible forced property sales and sharp house price declines once support runs out.

The coronavirus pandemic dealt a relatively modest $2.5 billion (£1.92 billion) blow to five insurers with large U.S. operations in the second quarter a cost that was far less than feared and which the industry has absorbed without touching capital, anal...

China is continuing to buy U.S. goods and particularly commodities under the U.S.China Phase 1 trade deal signed in January, despite rising tensions on Hong Kong and other issues, White House economic adviser Larry Kudlow said on Tuesday.

Johnson & Johnson could produce 1 billion doses of its potential COVID19 vaccine next year if it proves successful and would consider injecting healthy volunteers with the novel coronavirus if there are not enough patients for final trials, a company exec...

After touching a high of 38,556.27, the BSE Sensex pared some gains to end 224.93 points or 0.59 per cent higher at 38,407.01.

German online fashion retailer Zalando SE on Tuesday reported a big jump in brands using its logistics services, while a decline in returns due to pandemicrelated shifts in shopping patterns helped bolster profitability.

World stocks inched to 51/2 month highs on Tuesday, lifted by bets a U.S. fiscal stimulus package will be reached and by signs SinoU.S. tensions have eased ahead of a crucial round of trade talks.