Business
Asian Shares Retreat As Coronavirus Surge Hits Sentiment
Asian stocks gave up early gains and fell on Friday, as a resurgence of coronavirus infections in Europe and the United States hurt risk appetite.
Tenth Of Pandemic Stimulus Spend Could Help World Reach Climate Goals - Study
The world could get on track to avert catastrophic climate change by investing a tenth of a planned $12 trillion in pandemic recovery packages in reducing dependence on fossil fuels, according to a study published on Thursday.
How Major US Stock Indexes Fared Thursday
Stocks closed mostly lower on Wall Street Thursday, giving the S&P 500 its third straight loss this week.
Lakshmi Vilas Bank Gets Board's Approval to Raise Rs 500 Crore Via Rights Issue
Currently, LVB has a three-member team appointed by the RBI to run the bank under Meeta Makhan as chairperson, and Shakti Sinha and Satish Kumar Kalra as members.
Private Equity Investment in Real Estate Down 57% in Jan-Sep at $2.3 Billion Due to Covid-19 Crisis
As per the data, office segment attracted USD 1,871 million PE investment during January-September as against USD 2,725 million in the year-ago period.
China Raises $6 Billion As U.S. Investors Overlook Political Tensions
China has raised $6 billion in a dollar bond issue that was offered to U.S. investors for the first time, according to a termsheet reviewed by Reuters, just weeks before the Nov. 3 election.
Walmart, ASOS Extend Black Friday Deals As Spending Habits Change
Eager to capture any holidayrelated spending as early as possible this year, Walmart Inc , ASOS , Best Buy and other major retailers are turning Black Friday into a multiday promotion.
Wall Street Ends Down After Mnuchin Dims Stimulus Hopes
Wall Street finished weaker on Wednesday, led lower by Amazon and Microsoft, as investors lost hope that a U.S. fiscal stimulus would be approved before the presidential election in November.
G20 To Extend Debt Freeze For Poorest Nations, Still Wrangling Over Next Steps
The G20 group of major economies is poised to extend a multibilliondollar debt freeze for the world's poorest countries to help them weather the coronavirus crisis, and may adopt a common approach to dealing with longerterm debt restructurings.
Oil Rises Nearly 2% As Robust China Trade Data Offsets Returning Supply
Oil prices rebounded on Tuesday, supported by robust economic data from China that offset returning supply in other regions but gains were capped by forecasts for a slow recovery in global oil demand as coronavirus cases rise.
Royal Caribbean, AMC Fall; Ethan Allen, Walt Disney Rise
Stocks that moved heavily or traded substantially Tuesday:
Wall Street Closes Lower On Vaccine Delay, Dampened Stimulus Hopes
Wall Street lost ground on Tuesday, with halted COVID19 vaccine trials and an elusive U.S. stimulus agreement weighing on sentiment as third quarter earnings season got underway.
Facebook Bans Anti-vaccination Ads But Not Antivax Posts
Facebook says it will ban ads on its platform that discourage vaccinations with an exception carved out for ads about government vaccine policies.
HC Seeks Centre, SBI Stand on Anil Ambani's Plea to Include Chinese Banks in Insolvency Proceedings
The high court also said that the moratorium on recoveries from sale of Anil Ambani's assets, as provided under section 96 of the Insolvency and Bankruptcy Code (IBC), would remain in operation for now.
EU Appoints McGuinness As New Financial Services Chief
The European Union has appointed Ireland's Mairead McGuinness as the new commissioner in charge of financial services.
Diwali Bonanza? Centre Announces Travel Voucher, Festival Scheme for Govt Employees to Raise Spending
"Indications are that savings of government and organised sector employees have increased, we want to incentivise such people to boost demand for the benefit of the less fortunate," the Finance Minister said.
