Business
Gold heads for best monthly gain since January 2012 on rush to safety
Gold rose on Friday and headed for its biggest monthly gain in 81/2 years as the impact of the worsening coronavirus pandemic on the U.S. economy hammered the dollar, prompting investors to seek refuge in bullion.
Eight Core Industries' Output Contracts 15% in June Due to Fall in Production
Barring fertiliser, all seven sectors -- coal, crude oil, natural gas, refinery products, steel, cement, and electricity -- had recorded negative growth in May.
Chevron posts quarterly loss on more than $5 bln charges due to oil downturn
Chevron Corp posted a quarterly net loss on Friday, as the second largest U.S. oil producer took charges of $5.2 billion due to a collapse in oil prices due to the coronavirus pandemic and as related lockdowns decimated fuel demand.
Gold heads for biggest monthly gain since January 2012 on rush to safety
Gold rose on Friday and headed for its biggest monthly gain in 81/2 years as the impact of the worsening coronavirus pandemic on the U.S. economy hammered the dollar, prompting investors to seek refuge in bullion.
U.S. sells record amount of corn to China as tensions rise
Chinese buyers booked their single biggest purchase of U.S. corn ever, extending their flurry of large purchases of American agricultural goods even as tensions between Washington and Beijing rise.
Oil down nearly 4% as virus surge weighs on demand outlook
Oil prices fell by around 4% on Thursday, as surging coronavirus infections around the world threatened to jeopardise a recovery in fuel demand just as major oil producers are set to raise output.
Pizza, taco cravings in lockdowns propel Yum Brands quarterly beat
Yum Brands Inc said on Thursday online orders surged in the second quarter as more people ordered pizzas and tacos while under coronavirus lockdowns, driving betterthanexpected sales and profit for the restaurant operator.
Ex-Nissan executive Kelly to stand trial from Sept. 15 - NHK
The trial of exNissan Motor Co executive Greg Kelly, who is charged with conspiring to underreport the income of its former chairman Carlos Ghosn, has been scheduled to start on Sept. 15, public broadcaster NHK said on Thursday.
Ex-Nissan executive Kelly to stand trial from September 15 - NHK
The trial of exNissan Motor Co executive Greg Kelly, who is charged with conspiring to underreport the income of its former chairman Carlos Ghosn, has been scheduled to start on Sept. 15, public broadcaster NHK said on Thursday.
Singapore Exchange fourth quarter profit jumps 17% as trading volume climbs
Singapore Exchange Ltd (SGX) reported a nearly 17% increase in its net profit for the quarter ending in June as the bourse benefited from an increase in trading volume.
Get me a sofa! Spain sees post-lockdown furniture boom
Spain's furniture manufacturers say they are overwhelmed by demand after sales boomed at the end of lockdown in June, potentially erasing most of the year's losses.
GM says it can pay off $16 billion loan if U.S. recovery continues
General Motors Co on Wednesday said if the U.S. economy continues to recover from the coronavirus pandemic and the auto industry does not experience any further production shutdowns, the No. 1 U.S. automaker should be able to generate enough cash to pay o...
WTO's Board to Consider Pleas For Dispute Panel in India ICT Duty Case
Both Chinese Taipei and Japan have filed separate requests for establishment of a dispute panel against India's customs duties on imports of certain information and communications technology (ICT) products.
US Raises Questions on Certain Indian Schemes for Fishery in WTO Committee
The questions were posed by the US in WTO's Committee on Subsidies and Countervailing Measures (SCM), it said.
Pfizer says it will charge other developed countries on par with U.S. for vaccine deals
Pfizer Inc on Tuesday said other developed countries would not get a lower price for its coronavirus vaccine than what it will charge the United States under a contract announced last week.
Caterpillar results likely to shed light on strength of economic recovery
When Caterpillar Inc reports earnings on Friday, investors will look for clues about the strength of economic recovery from the coronavirus pandemic.
