Business

The U.S. dollar continued to rise on Tuesday after hawkish remarks from a Federal Reserve speaker, while stocks ended higher with a boost from Amazon even as curbs to control the spread of COVID19 raised the fear of a second wave of lockdowns.

It will provide relief to the tune of Rs 100 crore to basmati traders and millers, according to an official spokesperson.

Shares slipped Tuesday in Asia after markets tumbled worldwide on worries about the pandemics economic pain.

China's markets regulator said on Tuesday it has fined a group of 45 firms including Luckin Coffee a combined 61 million yuan ($8.98 million) for acts linked to Luckin's falsification of financial records and misleading of the public.

Oil rose in early trade on Tuesday, paring sharp overnight losses, as the latest tropical storm in the Gulf of Mexico lost strength, but worries about fuel demand persisted with flareups around the globe in coronavirus cases.

Stocks across the world hit their lowest in seven weeks and other risk assets sold off on Monday on lingering concern over renewed lockdown measures in Europe and the UK, as well as the United States' inability to agree on a stimulus for millions of unemp...

A government watchdog says millions of Americans are in danger of missing coronavirus relief payments of up to $1,200 per individual because of incomplete government records.

Pakistan's central bank held its benchmark policy rate at 7% on Monday, saying the economy looked set to pick up due to the lifting of lockdown restrictions aimed at curbing the coronavirus pandemic though risks remained.

Gene sequencing company Illumina Inc will pay $8 billion in cash and stock to buy cancer screening startup Grail Inc, the companies said on Monday.

British households' confidence about their finances remained low in September, and showed no sign of returning to prepandemic levels, according to a survey which raises questions about the durability of the current bounce back in retail spending.

Mining giant Rio Tinto has not formally committed to review the terms of an iron ore mine development that would let it destroy 124 culturally significant sites, a group representing Aboriginal traditional owners said on Monday.

Indian shares were muted on Monday as gains in IT stocks helped offset losses in other sectors, while surging domestic cases of the novel coronavirus and the passage of a contentious farm bill by lawmakers kept investors cautious.

Asian stock markets were mostly lower Monday after Wall Street declined for a third week and Britain reported a rise in coronavirus infections.

Oil prices fell on Monday on the potential return of oil output from Libya even as rising coronavirus cases add to worries about global demand, although losses were limited as a new tropical storm heads for the U.S. Gulf of Mexico.

Global oil refiners reeling from months of lackluster demand and an abundance of inventories are cutting fuel production into the autumn because the recovery in demand from the impact of coronavirus has stalled, according to executives, refinery workers a...

Authorities in China's northeastern Jilin province have found the novel coronavirus on the packaging of imported squid, health authorities in the city of Fuyu said on Sunday, urging anyone who may have bought it to get themselves tested.