Business

Chinese electric car brand NIO plans to start expanding to Western markets next year and might export a batteryswapping service that could help it compete with rival Tesla, the companys chairman said Thursday.

Rising inflation has complicated the task of India's monetary policy committee and could limit its ability to support growth, its August meeting minutes showed on Thursday, while it also called on the government for more fiscal action.

The 'National Strategy for Financial Education 2020-2025' (NSFE), released by the RBI, has suggested a multi-stakeholder-led approach for creating a financially aware and empowered India.

India's Hindalco Industries Ltd on Thursday signed an agreement with UltraTech Cement Ltd to supply 1.2 million tonnes of bauxite residue every year to be used as a raw material for cement, as part of its push for alternative methods of disposing of the...

Facebook says it will restrict the rightwing conspiracy movement QAnon and will no longer recommend that users join groups supporting it, although the company isn't banning it outright.

Apple shares have gained nearly 60% this year as the company overcame the shutdown of factories in China that produce the iPhone and the closure of its retail sales amid the coronavirus pandemic.

Billionaire Bernard Arnault on Wednesday cemented his financial backing for the founding family of Lagardere , pitting him against rival Vincent Bollore and other stakeholders seeking influence over the company that owns Paris Match.

Sources said the 41st meeting of the Goods and Services Tax Council would be a single-agenda meeting, on states's compensation, to be held via video conferencing.

Gold fell below a $2,000 an ounce on Wednesday partly in response to a pause in the dollar's slide as investors awaited more details on the U.S. Federal Reserve's strategy to revive the pandemichit U.S. economy.

Saudi Arabia's King Salman bin Abdulaziz and Nigerian President Muhammadu Buhari discussed efforts taken to stabilise and rebalance global oil markets in a telephone call, Saudi state news agency SPA reported on Wednesday.

Gold fell below $2,000 an ounce on Wednesday as the dollar steadied, with investors awaiting minutes from the U.S. Federal Reserve's last policy meeting.

Trading will resume at 1.30 p.m. (0530 GMT) on Wednesday in Hong Kong's securities market, including Stock Connect trading and derivatives, after a typhoon warning forced cancellation of the morning session, the exchange operator said.

Japan's exports extended their doubledigit slump into a fifth straight month in July as the coronavirus pandemic took a heavy toll on shipments to the United States, dashing hopes for a tradeled recovery from the deep recession.

Oil prices steadied on Tuesday as demand fears from the new coronavirus offset high compliance with supply cuts from the OPEC+ producer group.

Gold prices rose on Tuesday as the dollar plunged to twoyear lows and the U.S. Treasury yields ticked lower, but the metal slipped below the key $2,000 an ounce mark after the S&P 500 touched record highs.

The S&P 500 index hit an alltime high on Tuesday, completing its recovery from the stock market crash after the onset of the coronavirus crisis in February.