Business

Trump administration officials have urged the president to delist Chinese companies that trade on U.S. exchanges and fail to meet U.S. auditing requirements by January 2022, Securities and Exchange Commission and Treasury officials said on Thursday.

The number of Americans seeking jobless benefits fell last week, but a staggering 31.3 million people were receiving unemployment checks in midJuly, suggesting the labor market was stalling as the country battles a resurgence in new COVID19 cases that is...

The number of Americans seeking jobless benefits fell last week, but a staggering 31.3 million people were receiving unemployment checks in midJuly, suggesting the labor market was stalling as the country battles a resurgence in new COVID19 cases that is...

The number of Americans seeking unemployment benefits fell last week, but remained significantly high, suggesting the labor market was stalling as the country battles a resurgence in new COVID19 cases that is threatening a budding economic recovery.

After rallying 558 points during the day, the BSE Sensex ended 362.12 points or 0.96 per cent higher at 38,025.45. The broader NSE Nifty jumped 98.50 points or 0.89 per cent to 11,200.15

Siemens expects a "modest" improvement in orders and revenue in the months ahead, as the German engineering group tackles the coronavirus downturn by speeding up cost savings.

Aviva shares soared to fivemonth highs on Thursday after the British life, motor and home insurer's new chief executive Amanda Blanc said it would reduce its focus on Asia and Europe in a strategy shift welcomed by analysts.

Japan's Nintendo Co Ltd on Thursday reported a more than fivefold jump in quarterly profit, driven by breakout demand for its Switch device and hit title "Animal Crossing: New Horizons" as the coronavirus lockdown lifts the games industry.

Italy's UniCredit posted higher than expected secondquarter results and stuck to its profit goals, saying commercial activity was recovering but it would keep writing down loans to anticipate the hit from the COVID19 crisis.

Indonesia plans to give cash transfers to 13.8 million workers at a cost of around $2.15 billion under its stimulus package to prop up household consumption in Southeast Asia's biggest economy during the pandemic, officials said.

Japan's powerful business lobby Keidanren is dominated by energyintensive sectors that represent less than 10% of the economy, resulting in national policies that favour coal and hindering attempts to combat climate change, a new study said.

Novavax Inc said on Wednesday it has entered a supply and license agreement with the Serum Institute of India for the development and commercialization of its COVID19 vaccine candidate.

J&J is studying both one and two-dose regimens of its vaccine. Pfizer and BioNTech's candidate would require two doses per person treated.

Transport delays from South Africa against a backdrop of increasingly robust Chinese demand have fuelled a price rally for cobalt hydroxide, used to make chemicals for electric vehicle batteries.

Regeneron Pharmaceuticals Inc beat secondquarter profit estimates on Wednesday, helped by higher sales of its eczema drug Dupixent and said it expects initial data from ongoing trials of its COVID19 antibody cocktail next month.

Euro zone business activity returned to modest growth in July as some curbs imposed to stop the spread of the coronavirus were lifted, but the recovery in the dominant service industry was not as sharp as expected, a survey showed.