Business

Consulting and outsourcing services provider Accenture Plc said on Monday it would extend home working for its employees in Italy beyond the coronavirus emergency.

Gold prices edged higher on Monday on the prospect of extended U.S. fiscal stimulus and accommodative monetary policies, although bullion held close to the 11/2 month low hit earlier as the dollar extended gains.

In April 2020, due to the Covid-19 pandemic, the Finance Ministry had decided to freeze the DA for 50 lakh central government employees and dearness relief for 61 lakh pensioners till July 2021.

Janet Yellen, Presidentelect Joe Biden's pick to take over the U.S. Treasury, is expected to affirm the United States' commitment to marketset currency rates when she testifies on Capitol Hill on Tuesday, the Wall Street Journal reported.

Chinas economy grew 2.3% in 2020 as a recovery from the coronavirus pandemic accelerated while the United States, Europe and Japan struggled with disease flareups.

An IndiGo Airlines flight going to Kolkata from Surat with 172 passengers on board made an emergency landing at Bhopal's Raja Bhoj Airport on Sunday due to a technical glitch, airport Director Anil Vikram said.

The Department of Revenue has clarified that a customer purchasing gold, silver, jewellery or precious gems and stones below Rs 2 lakh is not required to provide documents for mandatory KYC.

Volkswagen's Skoda Auto will not sponsor this year's ice hockey world championship if the event is held in Belarus, due to the host country's recent human rights record, the carmaker said on Saturday.

General Motors Co and labor union Unifor said on Friday they have reached a tentative deal for the automaker to invest nearly C$1 billion ($785.42 million) in its CAMI Assembly Plant in Ingersoll, Ontario, to manufacture commercial electric vans.

Gold prices slumped more than 1% on Friday and the metal was heading for a second straight weekly drop as the dollar continued its upturn, overshadowing bullion's appeal as an inflation hedge as the United States rolls out more stimulus.

France's Total SE on Friday became the first major global energy company to quit the main U.S. oil and gas lobby due to disagreements over its climate policies and support for easing drilling regulations.

Small businesses, from restaurants to nightclubs and wedding planners to beauty parlours, on Friday won the right to insurance payouts after Britain's highest court ruled many policies should cover losses caused by coronavirus lockdowns.

U.S. retail sales fell for a third straight month in December amid job losses and renewed measures to slow the spread of COVID19, further evidence that the economy lost speed at the end of 2020.

Wells Fargo & Co. says its profit rose 4% to $2.99 billion in the fourth quarter of 2020.

Britain's economy shrank in November for the first time since the initial COVID19 lockdown last spring, hit by a tightening of socialdistancing rules.

A late slide in several Big Tech stocks left major U.S. indexes lower Thursday, even as small-company stocks marched to another record high.