Business

The European Union set out shortterm measures on Friday to limit disruption to air traffic, road and rail transport, as well as fisheries, if Britain leaves the bloc without a trade accord by Dec. 31.

Gold fell on Thursday, hovering close to a oneweek low hit in the last session, with its appeal dented by overall optimism for a vaccineled economic rebound.

SoftBank Group Corp shares surged 11% after the investment conglomerate scored a $11.2 billion gain in the value of its stake in DoorDash Inc following the U.S. food delivery app's blockbuster stock market debut.

Asian equities eased from a record high on Thursday as stalled U.S. stimulus talks and a selloff in tech stocks weighed, while sterling traders sat on a knife's edge as lastditch Brexit negotiations yielded only an agreement to keep talking.

Global equity indexes fell on Wednesday as negotiations over further U.S. fiscal stimulus dragged on and the dollar rose for a fourth straight session.

Global equity indexes fell on Wednesday, with the S&P 500 down nearly 1% as negotiations for further fiscal stimulus dragged on, while sterling inched up after recent weakness.

The European Commission is drawing up targets for airlines to use a minimum share of sustainable fuels, it said on Wednesday, after dropping a draft 5% goal that it deemed too low.

Shares of DoorDash Inc were set for a blockbuster debut on Wednesday after the food delivery startup raised $3.37 billion in one of the biggest U.S. stock market launches so far in 2020.

The U.S. Environmental Protection Agency will announce on Wednesday its final rule changing how it measures the costs and benefits of proposed new curbs on pollution, a move likely to limit the incoming administration's power to impose stringent regulatio...

U.S. employers advertised slightly more job openings in October but hiring slipped as a resurgence of COVID19 threatens an economy recovery.

Oil prices rose on Wednesday as news about COVID19 vaccines lifted investor hopes for a recovery in fuel demand and outweighed concerns sparked by figures indicating U.S. oil inventories jumped last week.

Spot gold fell 0.3% to $1,865.46 per ounce by 0309 GMT, after hitting its highest since Nov. 23 at $1875.07 on Tuesday, while U.S. gold futures eased 0.3% to $1,870.20.

In its Global Economic Outlook, Fitch said the coronavirus recession has inflicted severe economic scarring and the country needs to repair balance sheets and increase caution about long-term planning.

On Monday, the rupee fell 10 paise to settle at 73.90 against the US dollar. Meanwhile, the dollar index, which gauges the greenback's strength against a basket of six currencies, was up 0.07 per cent to 90.85.

Oil prices slipped on Monday as the positive impact from COVID19 vaccines and an OPEC+ deal on oil production cuts was undermined by surging coronavirus cases and heightened tensions between the United States and China.

Booming car sales drove a strongerthanexpected jump in German industrial output in October, in a further sign that the exportoriented manufacturing sector helped Europe's largest economy to get off to a solid start in the fourth quarter.