Business

A huge fear for Wall Street coming into this month was a contested U.S. presidential election, one that could drag the market through more painful uncertainty.

Despite loans from China, Saudi Arabia and the UAE, Pakistan Prime Minister Imran Khan's government was forced to turn to the IMF due to mounting economic problems amidst the Covid-19 pandemic.

The Trump administration on Thursday unveiled an executive order prohibiting U.S. investments in Chinese firms that Washington says are owned or controlled by the Chinese military.

Stocks that moved heavily or traded substantially Thursday:

Consumption of refined fuels, a proxy for oil demand, rose 2.5% in October from the prior year to 17.78 million tonnes and nearly 15% higher from the previous month, data from the Petroleum Planning and Analysis Cell (PPAC) of the Ministry of Petroleum &...

The number of Americans filing new claims for unemployment benefits fell to a sevenmonth low last week, but the pace of decline has slowed and further improvement could be limited by a raging COVID19 pandemic and lack of additional fiscal stimulus.

U.S. consumer prices were unchanged in October, the lowest reading in five months and an indication that a price spike over the summer is beginning to fade as coronavirus cases begin to spread.

The number of people seeking U.S. unemployment benefits fell last week to 709,000, a stillhigh level but the lowest figure since March and a sign that the job market might be slowly healing.

Here are the top stories we are covering this evening: Centre's releases 'Aatmanirbhar' package 3.0; Tejashwi Yadav says BJP assumed power through 'chor darwaza'; India in 'technical recession' for 1st time in history; HC allows Delhi govt to reserve 80%...

Gold prices edged up on Thursday, after dropping over 1% in the previous session, as concerns over the economic fallout from surging COVID19 cases outweighed positive development around a vaccine.

Japan's Nissan Motor Co Ltd on Thursday cut its forecast for an annual operating loss by 28%, albeit to a stillwhopping $3.2 billion, helped by restructuring efforts and betterthanexpected sales.

Britain's economy, which has struggled to maintain its recovery from its coronavirus lockdown crash, grew by a slower than expected 1.1% in September from August, even before the latest restrictions on businesses, official data showed.

Oil prices climbed on Wednesday as hopes of an effective COVID19 vaccine continued to bolster sentiment, while an industry report showed U.S. crude inventories fell more than expected.

U.S. job openings increased less than expected in September while hiring fell, suggesting the labor market recovery was petering out even before a resurgence in new COVID19 cases which is expected to slow momentum.

Apple is rolling out new Mac computers powered by the same kind of chips that run iPhones and iPads, a move aimed at making it easier for its most popular products to work together.

J.C. Penney is on course to emerge from bankruptcy by Thanksgiving, after a U.S. bankruptcy court approved the sale of the ailing 118yearold retailer to its two largest landlords and its primary lenders.