Business

Britain's investment industry trade body has warned companies they must show progress on boardroom ethnic diversity or risk pushback at their 2021 annual general meetings.

Discount chain Dollar General Corp, one of the few U.S. retailers thriving during the COVID19 pandemic, is taking steps to find a potential successor to Chief Executive Todd Vasos, people familiar with the matter said on Monday.

The EPF or PF is a pension fund for retirement where both the employer and employee contribute 12 percent equally.

A gauge of global equity markets pulled back on Wednesday from the record high hit in the previous session as investors sold technologyrelated companies and the prospect of rising inflation tempered optimism around a vaccineled global economic recovery.

Oil prices gained more than $1 a barrel on Wednesday, as frigid Texas temperatures shut production across the largest U.S. crude producing state, with the unusually cold weather expected to hamper output for days or even weeks.

Gold Prices Fall Close to Lowest Levels in 8 Months, Plunge 20% from Record High

Benchmark U.S. crude oil for March delivery rose 58 cents to $60.05 a barrel Tuesday. Brent crude oil for April delivery rose 5 cents to $63.35 a barrel.

Wall Street joined a global march propelling stock indexes to record highs on Tuesday, with investors selling government bonds in a bet that COVID19 vaccinations and U.S. stimulus will deliver a durable economic recovery after a year of lockdowns.

British finance minister Rishi Sunak might have to raise a hefty extra 60 billion pounds ($83 billion) in taxes to pay for the COVID19 hit to the public finances, but his March 3 budget is too soon for such a move, a think tank said.

Daimler AG's U.S. unit MercedesBenz USA said Saturday it is recalling 1.29 million vehicles sold since 2016 because software may fail to communicate correct vehicle location in the event of a crash.

Replying to the debate on the Budget in Lok Sabha, the minister also said the challenges of pandemic did not deter the government from undertaking reforms for maintaining the long-term goals of the country.

Huawei took U.K. bank HSBC to court on Friday seeking documents the Chinese company says are key to its legal efforts to stop its chief financial officer from being extradited to the U.S. from Canada.

The finance minister presented the vote-on-account for an aggregate expenditure of Rs 60,784.03 crore for the first six months of the next fiscal.

A slowerthanexpected vaccine rollout and the rise of coronavirus variants may make attaining herd immunity against COVID19 difficult, but that should not stop the economy from rebounding, according to a U.S. central banker Thursday.

Shares of Signify Health Inc jumped more than 33% in their stock market debut on Thursday, giving the technologybased healthcare provider a market capitalization of $7.12 billion.

When General Motors boldly announced its goal last month to make only batterypowered vehicles by 2035, it didn't just mark a break with more than a century of making internal combustion engines. It also clouded the future for 50,000 GM workers whose skill...