Business

The dollar index, which gauges the greenback's strength against a basket of six currencies, fell 0.28 per cent to 93.12

Payments processor Square Inc reported on Tuesday a 64% jump in secondquarter revenue as consumers increased online buying and used its peertopeer Cash App platform during the COVID19 pandemic.

Argentina has reached an agreement with creditors to restructure around $65 billion in sovereign debt, breaking a deadlock in talks that will help the country climb out of default and banish fears of a damaging and protracted legal standoff.

The International Monetary Fund said on Tuesday that global current account imbalances narrowed in 2019 as trade slowed, and the coronavirus could narrow them further in 2020, but some commodity exporters and tourismdependent countries will swing to curre...

On a summer's evening, the streets of central London echoed to what has become a rare sound during the coronavirus pandemic: the chatter and laughter of diners seated at terrace tables.

Ralph Lauren Corp said on Tuesday its quarterly revenue plunged by nearly $1 billion, as it struggled with coronavirusled store closures and a slowdown in demand for luxury goods across the world.

Ralph Lauren Corp said on Tuesday its quarterly revenue plunged by nearly $1 billion, as it struggled with coronavirusled store closures and a slowdown in demand for luxury goods across the world.

Oil prices eased on Tuesday amid concerns that a fresh wave of COVID19 infections will see a global demand recovery stalling due to tighter lockdowns, just as major producers ramp up output.

European shares fell after opening higher, following a mixed bag of earnings results, while the dollar's rebound stalled as investors waited for progress in talks on government aid in the United States.

Kuwaiti aircraft leasing company Alafco will buy fewer aircraft from Boeing after reaching an agreement to end its legal claim over a cancelled 737 MAX order, it said on Tuesday.

Mitsubishi UFJ Financial Group Inc (MUFG), Japan's largest lender by assets, said on Tuesday its firstquarter net profit more than halved as creditrelated costs ballooned due to the coronavirus pandemic.

The rupee opened weak at 75.13 at the interbank forex market, then lost further ground and touched 75.17 against the US dollar, down 16 paise over its previous close of 75.01.

Australia's central bank held its cash rate at an alltime low on Tuesday, predicting the economic recovery will likely be both 'uneven' and 'bumpy' as the country's second biggest state locks down to fight a resurgence of the coronavirus.

Subaru Corp on Tuesday forecast its annual operating profit would drop to a nineyear low this year as it expects to take a sales hit in the United States, its largest market where the number of coronavirus infections continues to climb.

As U.S. lawmakers plot to stop one of Moscow's most important projects in Europe, the Nord Stream 2 pipeline, lobbyists supporting it are busier than ever but disclosing few details of their work, according to government filings and current and former U.S...

Japan's Nippon Steel Corp said on Tuesday it will appeal a South Korean court ruling that allows for a seizure of its assets the latest development in a case that has inflamed tensions between Tokyo and Seoul.