Business

Dating app Bumble, which is backed by hedge fund giant Blackstone Group, on Friday made public its regulatory filing for an initial public offering, revealing steady revenue growth and higher operating costs that resulted in a loss.

JPMorgan Chase & Co reported a much betterthan expected jump in fourthquarter profit on Friday as it released some of the cash it had built up against coronavirusdriven loan losses and benefited from continued strength in its trading and investment bankin...

Oil prices fell on Friday as concerns about Chinese cities in lockdown due to coronavirus outbreaks tempered a rally driven by strong import data from the world's biggest crude importer and U.S. plans for a large stimulus package.

Britain's economy shrank in November as it went into a new lockdown, but the decline was smaller than expected as businesses adjusted to social distancing and schools remained open, making a doubledip recession less likely.

Similarly, the broader NSE Nifty fell 67.65 points or 0.46 per cent to 14,527.95 in opening deals. Profit-booking at higher levels is keeping benchmark indices volatile, traders said.

Shares of Poshmark soared in their debut trading in the public markets Thursday, a testament to the strength of the online marketplace for secondhand goods even during a pandemic.

The supply outlook for U.S. shale oil is slightly more "optimistic" because of rising crude prices and output will recover further in the second half of this year, OPEC said on Thursday.

PepsiCo Inc said on Thursday it aimed to achieve netzero greenhouse gas emissions across its supply chain by 2040, as consumers and investors increasingly call upon big corporations to play their part in the fight against global warming.

Vietnamese budget carrier VietJet Aviation plans to expand its investment in new aircraft and technical facilities this year after reporting a small profit in 2020 despite the coronavirus pandemic, its chief executive officer said.

French automaker Renault on Thursday hiked its cost savings target by 500 million euros ($608 million) to 2.5 billion euros by 2023, and set goals to gradually ramp up margins as it focuses on launching more profitable cars.

PayPal Holding Inc has become the first foreign operator with 100% control of a payment platform in China, according to Chinese government data, as the U.S. fintech giant eyes a bigger foothold in a booming market for online payments.

Investors scaled back long positions in Asian currencies as the outlook for emerging market debt soured after U.S. yields shot up, a Reuters poll found, with bets almost halved on the South Korean won and Taiwan's dollar.

In Delhi, the price of gold remains unchanged today. Ten grams of 22-carat gold can be bought at Rs 48,350 in the city, whereas the same quantity of the higher quality gold costs Rs 52,750.

Twitter CEO Jack Dorsey broke his silence with a Twitter thread defending his companys ban of President Donald Trump as the right decision, but warned that it could set a dangerous precedent.

The number of people killed on the nation's highways rose 4.6% in the first nine months of 2020 despite coronavirus lockdowns that curtailed driving early in the year.

Saudi Crown Prince Mohammed bin Salman said the kingdom offers investment opportunities worth $6 trillion over the next decade, with new projects representing half of this value, the state news agency reported, citing his speech at the World Economic Foru...