Business
UK Supermarkets Warn Of Gaps On Shelves If Transport Links To Europe Not Restored
Gaps will start to appear on British supermarket shelves within days if transport ties with mainland Europe are not quickly restored, the UK's two biggest grocers warned on Monday.
Fiat Chrysler, PSA Win EU Antitrust Okay For $38 Billion Merger
Fiat Chrysler and French rival PSA gained EU antitrust approval on Monday for their $38 billion merger to create the world's No.4 carmaker after pledging to boost Japanese rival Toyota Motor.
Britain Insists EU Should Move In Brexit Trade Talks
Britain insisted on Sunday that the European Union should shift position to open the way for a breakthrough in postBrexit trade talks, with health minister Matt Hancock saying on Sunday the bloc should drop its "unreasonable demands".
Finance Ministry Permits 5 States to Borrow Extra Rs 16,728 Crore for 'Ease of Doing Business'
The government had in May decided to link grant of additional borrowing permission to states with reforms undertaken by them to facilitate ease of doing business. The reforms stipulated in the category include completion of first assessment of 'District L...
BOJ Set To Hold Fire, Extend Fund Programmes To Counter Pandemic Blow
The Bank of Japan is expected to extend on Friday a package of steps aimed at easing corporate funding strains caused by the coronavirus, as a renewed spike in infections cloud prospects of recovery from the healthcrisisinduced economic slump.
S&P 500, Nasdaq Hit Record As Investors Eye Fiscal Stimulus
Technology shares lifted the S&P 500 and the Nasdaq to record highs on Thursday as investors grew more optimistic about a coronavirus stimulus bill, helping markets look past signs of economic strain brought on by the COVID19 pandemic.
US Long-term Mortgage Rates Fall; 30-year At 2.67%
U.S. longterm mortgage rates declined this week to record low levels for the 15th time this year against the backdrop of an economy ravaged by the pandemic.
Building Permits Rise 6.2% In November, Despite Pandemic
The number of newly issued permits to build fresh housing rose 6.2% in November on a seasonally adjusted basis.
Gold Jumps 1% On Dollar Slide, U.S. Stimulus Progress
Gold prices rose as much as 1% on Thursday as the dollar index extended its slide on progress with U.S. stimulus plans and the Federal Reserve's commitment to pump more cash into the economy and keep interest rates low.
Gold Gains As U.S. Stimulus Deal Progress Dents Dollar
Gold prices rose on Thursday as progress on a U.S. fiscal stimulus deal weakened the dollar, with the metal drawing further support from a pledge by the Federal Reserve to keep interest rates low until a recovery is secured.
Survey Seen As Fair Pay Baseline In Italian Luxury Fashion
Italian luxury producers and suppliers on Wednesday received a pretty positive report card from the Fair Wage Network, in the first largescale survey of pay and working conditions in the sector.
Facebook Criticizes Apple Privacy Policy In Newspaper Ads
Facebook is again pushing back on new Apple privacy rules for its mobile devices, this time saying in full page newspaper ads that the social media giant is standing up for small businesses.
Rupee Surges 15 Paise to 73.48 Against US Dollar in Early Trade
At the interbank forex market, the domestic unit opened at 73.49 against the greenback, then inched higher to touch 73.48, registering a rise of 15 paise over its previous close. On Tuesday, the Indian rupee depreciated by 8 paise to settle at 73.63 again...
Japanese Stimulus To Give GDP Boost, Fiscal Reform In Need
Japan's latest economic stimulus package to cushion the blow from the coronavirus pandemic is likely to boost the economy most strongly next fiscal year, while it underscored the need to achieve economic revival and fiscal reform, key ministers said.
Asian Stocks Dip To One-week Lows As Infection Fears Curb Vaccine Optimism
Asian stocks retreated on Tuesday as worries about increasing COVID19 deaths and lockdowns overshadowed optimism about the rollout of coronavirus vaccinations, just days after indexes hit record highs.
From Burger King India to Indian Bank: Stocks in Focus Today
Burger King India: Basant Maheshwari Wealth Advisers and Valiant Mauritius Partners Offshore has bought 1.29 per cent equity stake in Burger King India.