Business

Oil prices eased a few cents early in trading on Friday in a breather at the end of a week of big gains propelled by a strike in Norway that raised the prospect of supply from the major producer being slashed by up to 25%.

Airbnb said Thursday it will require hosts to comply with enhanced cleaning procedures as part of its effort to reassure guests and local officials during the coronavirus pandemic.

JPMorgan Chase said Thursday it will extend billions in loans to Black and Latino homebuyers and small business owners in an expanded effort toward fixing what the bank calls systemic racism in the countrys economic system.

If a security gets downgraded following Inter-Scheme Transfers (ISTs) within a period of four months, fund manager of the buying scheme has to provide detailed justification to the trustees for purchasing such security, Sebi said in a circular.

The European Commission said on Thursday it had signed a contract with U.S. drugmaker Gilead for the supply of up to 500,000 treatment courses for remdesivir, sharply increasing the supply of the COVID19 treatment in Europe.

The parent of Malaysia Airlines has warned leasing companies that state fund Khazanah will stop funding the group and force it into a winding down process if restructuring talks with lessors are unsuccessful, according to a letter seen by Reuters.

Indian shares rose on Thursday as IT stocks gained after Tata Consultancy Services decided to buy back up to $2.2 billion in shares and smallerrival Wipro said it would consider stock repurchase.

President Donald Trump's move Tuesday to cut off talks on another government aid package will further weaken an economy straining to recover from an epic collapse, economists say, and deepen the hardships for jobless Americans and struggling businesses.

G20 members comprise Argentina, Australia, Brazil, Canada, China, the European Union, France, Germany, India, Indonesia, Italy, Japan, Mexico, Russia, Saudi Arabia, South Africa, South Korea, Turkey, the UK and the US.

India's top software exporter Tata Consultancy Services said on Wednesday it would buy back shares worth up to 160 billion rupees ($2.18 billion), and reported a 7.1% fall in quarterly profit.

The latest debt raising is Rs 1,200 crore more than the notified amount as Maharashtra and Jharkhand accepted an additional Rs 1,000 crore and Rs 200 crore, respectively.

Currency traders are seeing increased demand for derivatives that enable holders to position for a stronger pound, as improved chances of a Brexit trade deal start to push the risk of negative interest rates off the table.

The Tokyo Stock Exchange (TSE) has appointed four external board members to a committee to investigate last week's trading outage as its system developer, Fujitsu Ltd , continues to examine the cause of the incident.

Wall Street took a nosedive late in the session on Tuesday, reversing solid gains to close deep in negative territory after President Donald Trump announced he was calling off talks on coronavirus relief legislation until after the Nov. 3 election.

Addressing a webinar organised by the EXIM Bank on Saturday, Goyal said sectors having the potential to become globally competitive needed to be identified. "There is no need to segregate between products for exports and domestic sector. We require qualit...

The listing was in accordance with the expectations of the market experts. Some analysts had voiced concern over the valuations, muted revenue and negative cash flows in the first quarter of the financial year