Business

Similarly, the broader NSE Nifty slipped 60 points or 0.47 per cent to 12,689.15. IndusInd Bank was the top loser in the Sensex pack, shedding around 3 per cent, followed by HDFC twins, Kotak Bank, SBI, Axis Bank and ICICI Bank.

Global oil benchmark Brent rose on Wednesday, briefly touching a more than twomonth high above $45 a barrel on hopes of a COVID19 vaccine that could boost demand and later pulling back as concerns about rising cases overtook bullish news.

Etihad Airways told cabin crew on Wednesday there would be layoffs this week, an internal email showed, and a company source said the airline's Airbus A380 superjumbos have been parked "indefinitely" after a slower than expected recovery in demand.

Joe Biden's U.S. presidential election win and a promising vaccine breakthrough have combined to propel global stock markets to record highs in the last week, upending the virusled investment strategies that have been in play since March.

Greece's economy is expected to contract by around 10% this year as a result of a second lockdown to contain a resurgence of coronavirus infections, the country's deputy finance minister said on Wednesday.

Lossmaking German airline Lufthansa said on Wednesday it would revive the role of finance chief and had hired Remco Steenbegen from Swiss chocolate maker Barry Callebaut to fill the post.

The Nasdaq closed lower on Tuesday as investors sold off technology stocks that benefited from virus lockdowns and favored the sectors that suffered most during the pandemic on optimism that a COVID19 vaccine would turn around the economy.

Taipei, Nov 10 (AP) A Taiwanese maker of processor chips for Apple Inc. and other customers plans to invest $3.5 billion to set up a U.S. subsidiary amid American concern about relying too heavily on sources in Asia for high-tech components. Taiwan Semi...

Monday's potential breakthrough in the race to develop a COVID19 vaccine has left governments scrambling to meet the logistical challenge of distributing hundreds of millions of doses once it becomes available in coming months.

The bank said that fraudsters are employing new techniques by sharing fake and misleading messages on social media platforms. The bank, however, clarified that they have not issued any such messages to its customers.

A judge in Milan on Tuesday decided there were grounds for a trial of the Italian unit of British Telecom and 21 defendants, including three former senior BT executives, in an accounting scandal case, judicial and legal sources said.

Most Japanese firms want the Tokyo Olympics to go ahead next summer with restrictions on spectator numbers, saying while any boost to the economy would be limited, it would be better than nothing, a Reuters survey showed.

Beyond Meat said Monday that it felt the full force of the coronavirus pandemic in the third quarter, leading to worse-than-expected financial results.

The S&P 500 and the Dow followed world equity indexes to record levels and U.S. Treasury yields surged on Monday, as promising developments toward a coronavirus vaccine and the prospect of improved trade relations under Presidentelect Joe Biden gave a jol...

Wall Street's main indexes hit record highs on Monday as the first successful data from a latestage COVID19 vaccine trial spurred hopes of the economy recovering quickly from a year of pandemicdriven crisis.

The S&P 500 and the Dow hit record highs on Monday as the first successful data from a latestage COVID19 vaccine trial spurred hopes of the economy recovering quickly from a year of pandemicdriven crisis.