Business

A new Tropical Storm stirred on Friday in the Gulf of Mexico off the coast of Mexico as energy firms continued to reopened more offshore crude oil production shut just days earlier.

Benchmark U.S. crude oil for October delivery rose 14 cents to $41.11 a barrel Friday. Brent crude oil for November delivery fell 15 cents to $43.15 a barrel.

Public debt accounted for 91.1 per cent of total outstanding liabilities at end-June 2020, the quarterly report on public debt management released on Friday said.

U.S. presidential candidate Joe Biden's recent warning that Britain must honor Northern Ireland's 1998 peace agreement to secure a U.S. trade deal adds new complexity to already tough trade talks between the United States and the U.K.

Oil prices were mixed on Friday after Libyan commander Khalifa Haftar said a blockade on Libyan oil exports would be lifted for one month, countering more bullish signals from an OPEC meeting on Thursday.

Stocks struggled on Friday as worries about a resurgence in coronavirus cases and lingering disappointment that central banks merely affirmed their monetary support this week, without promising new stimulus, kept investors wary.

Oil prices rose for a fourth day in a row on Friday, putting crude on track for a weekly gain of about 10%, after Saudi Arabia pressed allies to stick to production quotas and banks including Goldman Sachs predicted a supply deficit.

Gold prices rose on Friday en route to a second straight weekly gain on a subdued dollar as weak U.S. jobs data dented hopes of an economic recovery.

Oil prices rose more than 2% on Thursday, turning positive as OPEC and its allies said the producer group would crack down on countries that failed to comply with output cuts and planned to hold an extraordinary meeting in October if oil markets weaken fu...

The Insolvency and Bankruptcy Code has been in force for four years and provides for a time-bound and market-linked resolution framework for stressed assets.

The number of Americans filing new claims for unemployment benefits fell less than expected last week and applications for the prior period were revised up, suggesting the labour market recovery had shifted into low gear amid fading fiscal stimulus.

The number of Americans filing new claims for unemployment benefits fell less than expected last week and applications for the prior period were revised up, suggesting the labor market recovery had shifted into low gear amid fading fiscal stimulus.

BHP Group pursued permission to damage Aboriginal cultural sites in April, an Australian parliamentary inquiry heard on Thursday, despite being told of the distress it would cause traditional owners.

A contraction in global trade in services caused by the COVID19 pandemic is showing signs of bottoming out, the World Trade Organization said on Thursday as its trade barometer index fell to a record low.

The number of Americans who sought unemployment benefits last week likely numbered in the hundreds of thousands with COVID19 seeding broad economic damage nine months after the first case was confirmed in the U.S.

Britain's accounting regulator said on Thursday it has fined Deloitte a record 15 million pounds ($19.4 million) for its audit of software firm Autonomy that contained "serious and serial failures".