Business
Ex-Goldman Banker Seeks Review Of 1MDB Charges In Malaysia
Former Goldman Sachs banker Roger Ng has asked Malaysian prosecutors to review criminal charges against him for allegedly abetting the sale of $6.5 billion in bonds tied to 1Malaysia Development Berhad (1MDB), his lawyer said on Thursday.
Japan's Rebounding July Machinery Orders Tempered By Fragile Business Outlook
Japan's machinery orders rebounded in July from a sharp fall in the previous month, a welcome relief for the coronavirusstricken economy but the outlook for capital spending remained uncertain due to fragile global business conditions.
Oil Prices Slip As Growing Stockpiles Signal Bumpy Fuel Demand Recovery
Oil futures fell in early trade on Thursday, paring overnight gains, on worries about fuel demand after data showed U.S. crude stockpiles rose last week, rather than dropping as expected, and COVID19 cases continued to rise around the world.
Nestle Likely To Do More Big Acquisitions - CFO
Nestle will do more acquisitions, also big ones, the food giant's chief financial officer said on Wednesday.
Reliance Industries Shares Gain 1.5 Pc as Silver Lake Picks Stake in Reliance Retail
At the NSE, it rose by 1.50 per cent to Rs 2,138.75. "Reliance Industries Limited and Reliance Retail Ventures Ltd (RRVL) announced today that Silver Lake will invest Rs 7,500 crore into RRVL, a subsidiary of Reliance Industries," the statement said.
Roche Studies Ocrevus, Experimental Drug In MS As Novartis Moves In
Swiss drugmaker Roche, whose multiple sclerosis (MS) drug Ocrevus is being targeted by a rival medicine from Novartis, is advancing an experimental drug in a trial while also testing if Ocrevus works in a higher dose.
Japan's Suga Says Strong Economy Necessary To Pursue Fiscal Reform
Japan's Chief Cabinet Secretary Yoshihide Suga, a frontrunner to become next prime minister, said on Wednesday that strong economic growth is necessary to pursue fiscal reform.
JPMorgan: Some Customers, Employees Misused COVID Programs
JPMorgan Chase said Tuesday that a number of its employees and customers may have abused the Paycheck Protection Program and other coronavirus stimulus programs.
Boeing Finds New Problem With 787 That Will Delay Deliveries
Inspections triggered by production flaws in Boeings 787 jetliner are further slowing deliveries of the two-aisle planes, compounding Boeings struggle to recover from the grounding of its 737 Max and the coronavirus pandemic.
Taxpayer, Conservation Groups Pressure U.S. To Halt Drilling Auctions
U.S. taxpayer and conservation groups on Tuesday will urge the Trump administration to halt plans to sell oil and gas leases on more than 300,000 acres of public lands this month, saying prices are unlikely to be competitive due to the weakened state of t...
Special Report: How COVID-19 Swept The Brazilian Slaughterhouses Of JBS, World's Top Meatpacker
JBS SA, the world's largest meatpacker, has vowed to keep the world fed during the coronavirus pandemic. Executives say the company has added more than 15,000 new workers in Brazil this year to crank out cuts of chicken, pork and beef, a lot of it for exp...
Millennial Money: Is Moving Now Your Best Financial Move?
You may not have started 2020 thinking about a move. But like it or not, many of us have had to reconsider our living situations during the pandemic.
Russia Has To Regain Global Oil Market Share Once Demand Heals, Novak Says
Russian Energy Minister Alexander Novak said it was extremely important for Russia and other oil producers to quickly regain, or even raise, their market share once the demand recovers, according to a ministry's inhouse magazine published on Tuesday.
Asian Shares Rise As US Set To Reopen From Labor Day Holiday
Asian shares rose Tuesday, after European stocks rallied and U.S. markets were closed for the Labor Day national holiday.
Marble Quarry Collapse In Remote Pakistan Kills At Least 17
A collapse at a marble quarry in a remote area of Pakistan on Monday has killed at least 17 people, and 11 others are missing, police said, adding that the terrain may have been unstable due to the use of heavy explosives used to break apart the stone.
Rupee Falls 29 Paise to 73.64 Against US Dollar in Opening Session
t the interbank forex market, the Indian currency started off on a tepid note at 73.63 then fell further to 73.64 against the greenback, down 29 paise over its previous close.