Business

Exchange operator Nasdaq Inc has filed with U.S. regulators to change its rules to enable companies that debut on the stock market through a direct listing to raise capital, as an alternative to an initial public offering.

Global shares were mostly higher Tuesday as investors hung onto hopes the coronavirus pandemic may come under control with vaccines and treatments being developed.

Gold held steady on Tuesday as a softer dollar offset pressure from an equity rally while investors stayed away from taking big positions ahead of U.S. Federal Reserve Chair Jerome Powell's speech later this week.

French luxury goods giant LVMH and U.S. jewellery chain Tiffany will give themselves another three months to complete their $16.2 billion (12.41 billion pounds) tieup after the deal did not close on the Aug. 24 date set out in deal documents, a source f...

Wall Street gained on Monday, setting the S&P 500 and the Nasdaq on track for record closing highs as optimism over potential medical advances in the war against the coronavirus pandemic helped keep investors in a buying mood.

If you earn a decent income but have trouble saving, the culprits could be the roof over your head and the car in your driveway.

Singapore's core inflation gauge fell to its lowest level in more than a decade in July, official data showed on Monday, amid soft consumer spending due to the coronavirus pandemic and a steep fall in electricity prices.

A handloom machine, locally called 'tant', could be found in every household in Shantipur, Phulia and Samudragarh areas where weaving is the traditional occupation.

Energy firms shut 57.6%, or 1.07 million barrels per day (bpd), of offshore crude oil production in the U.S. Gulf of Mexico because of the twin threat from Hurricane Marco and Tropical Storm Laura, the U.S. government said on Sunday.

Some of China's largest banks are set to post their first drop in firsthalf profits since the global financial crisis, hit by a surge in bad debt and higher loanloss provisions due to the coronavirus pandemic, analysts and official data indicate.

Rao said the company's business in the first quarter of the fiscal was good and it expects to continue the momentum.

The expenditure incurred on these projects till June 2020 is Rs 11,21,435.29 crore, which is 45.27 per cent of the anticipated cost.

Oil producers on Saturday shut 13% of crude oil production ahead of tropical storms Laura and Marco that are forecast to grind up the Gulf of Mexico in coming days, U.S. government data showed.

The foreign exchange kitty had crossed the half-a-trillion mark for the first time in the week ended June 5, 2020, after it had swelled by USD 8.223 billion to stand at USD 501.703 billion.

The S&P 500 index was little changed on Thursday as gains in heavyweight tech stocks offset gloom over downbeat data that underlined the Federal Reserve's view of a difficult road to recovery.

The number of Americans filing a new claim for unemployment benefits rose unexpectedly back above the 1 million mark last week, a setback for a struggling U.S. job market crippled by the coronavirus pandemic.