Business

Chevron Corp was ordered on Friday to inspect the propane heat exchangers on two of the three trains at its Gorgon liquefied natural gas (LNG) plant in Australia following safety concerns raised by a trade union.

Standard Life Aberdeen's clients switched to more defensive assets in the first half and the coronavirus pandemic meant tough times ahead, its outgoing CEO Keith Skeoch said after the asset manager's profit dropped 30%.

British asset manager Standard Life Aberdeen's pretax profit fell 30% to 195 million pounds ($256.02 million) in the first half due to the impact of the coronavirus pandemic and the withdrawal of assets by a large client, it said on Friday.

HCL Tech was the top laggard in the Sensex pack, shedding over 1 per cent, followed by HDFC twins, Infosys, Sun Pharma, ICICI Bank and Kotak Bank.

U.S. employment growth likely slowed significantly in July amid a resurgence in new COVID19 infections, which would provide the clearest evidence yet that the economy's recovery from the recession caused by the pandemic was faltering.

Asia shares were poised to open higher on Friday, tracking global equity markets' overnight gains as investors awaited a U.S. nonfarm payrolls report.

The U.S. Treasury Department has fined Capital One $80 million for careless network security practices that enabled a hack that accessed the personal information of 106 million of the banks credit card holders.

Weve seen this movie before, an electric vehicle from a mainstream automaker that will take away sales from market leader Tesla.

The S&P 500 treaded water on Thursday as investors awaited a new fiscal aid package to prop up the economy, with data showing a staggering 31.3 million Americans were receiving unemployment checks in midJuly.

Hilton Worldwide Holdings Inc posted a biggerthanexpected quarterly loss on Thursday, as the coronavirus pandemic hammered bookings and average room revenue throughout its largely reopened hotel networks.

Britain's central bank said it saw no immediate case to cut interest rates below zero on Thursday as it warned the economy would take longer to recover from its COVID slump than it previously forecast.

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Shenzhen Kangtai Biological Products will produce AstraZeneca Plc's potential COVID19 vaccine in mainland China, the British drugmaker said on Thursday, its first deal to supply one of the world's most populous countries.

The Bank of England said on Thursday it expected Britain's economy to take longer to get back to its preCovid pandemic size and it warned of possible risks from taking interest rates below zero.

Oil prices were mixed on Thursday as the falling U.S. dollar offset some of the concerns that fuel demand could stall because of rising global coronavirus infections.

South Korea's POSCO International Corp is set to supply liquefied natural gas (LNG) to Pakistan LNG for the first time, two sources familiar with the matter said.