Business

Britain's GSK warned of a bigger than expected fall in 2021 earnings as the COVID19 pandemic continues to disrupt other healthcare treatments and it invests in new medicines ahead of a split from its consumer products business next year. The news came...

Chinese ecommerce giant Alibaba Group Holding Ltd plans to raise up to $5 billion through the sale of a U.S. dollardenominated bond, according to a marketing term sheet seen by Reuters on Wednesday.

Volkswagen plans to develop most of the software needed for autonomous cars inhouse, the head of the German carmaker's luxury unit Audi said on Tuesday.

GameStop shares sold off for a second day on Tuesday and a silverbuying spree led by small investors subsided as the Redditdriven trading frenzy that has shocked global financial markets appeared to fizzle, at least for now.

Robinhood's trading app recorded more downloads than any other U.S. trading app last week, despite concerns that its restrictions on transactions involving some heavily shorted stocks such as GameStop Corp would alienate some users, according to market re...

U.S. stock indexes were set to open higher on Tuesday, building on the previous session's momentum, as investors anticipated strong results from Amazon and Googleparent Alphabet while also looking for signs of progress on a pandemicrelief package.

Cosmetics retailer Ulta Beauty said Tuesday that it's investing more than $25 million this year to improve diversity of its product mix and inclusion in its business practices.

An English company that has long been selling its waxcoated mini barrels of cheese directly to European consumers says it can no longer do so because of Brexit, pushing it to consider new investment in France.

HDFC Bank, the largest lender by assets in the private sector, has been classified as a systemically important entity by the RBI in the past. It is also the largest issuer of credit cards and has a significant share in the payment processing segment.

Asian markets looked set for a modestly firmer start on Tuesday as global markets faced another chaotic week, with retail investors expanding their duel with Wall Street into commodities and driving up the price of silver.

While the capital market watchdog SEBI will be notified as a regulator, the warehousing development and regulatory authority will be strengthened to set up a commodity market ecosystem arrangement including vaulting, assaying and logistics along with ware...

The organisation will be set up through an Asset Reconstruction Company model, she said in her speech. Details of the proposals are still awaited.

According to the Finance Minister Nirmala Sitharaman, the decision has been taken to bring the customs duty back to the previous levels.

The application for loan against FD is a time-efficient way of getting a short-term loan that comes with minimal documentation and guaranteed approval.

A look at some of the key business events and economic indicators upcoming this week:

Billionaire investor Steve Cohen, seen by small investors as an enemy in the GameStop stock drama this week, deleted his Twitter account because of what he said were threats against him and his family, a spokeswoman said on Saturday.