Business
This Week: Home Prices, Pending Home Sales, Jobless Claims
A look at some of the key business events and economic indicators upcoming this week:
Six of Top-10 Most Valued Firms Add Rs 60,198 Cr in M-cap; Infosys, TCS Biggest Gainers
On the other hand, HDFC Bank, HDFC, ICICI Bank and Bajaj Finance witnessed decline in their market valuation. The market capitalisation of Infosys zoomed by Rs 19,849.41 crore to Rs 5,26,627.07 crore.
'Goes Beyond Canada-style Trade Accord': Full Copy of Post-Brexit Deal Obtained
The 1,246-page document includes about 800 pages of annexes and footnotes, the BBC said, adding that the pages of legal text will determine every aspect of trade between the UK and the EU.
Japan Aims To Eliminate Gasoline Vehicles By Mid-2030s, Boost Green Growth
Japan aims to eliminate gasolinepowered vehicles in the next 15 years, the government said on Friday in a plan to reach net zero carbon emissions and generate nearly $2 trillion a year in green growth by 2050.
Why New Wage Code May Result in Lower Take Home Salary for Employees Next Year
According to the Code on Wages, 2019, the government has put a cap on the allowances at 50 percent of the total compensation. The payroll experts, therefore, say this will entail higher costs for employers and a lower take home pay for employees.
Analysis: Brexit Trade Deal Sparks Relief But UK Market Will Bear Scars
Britain's trade agreement with the European Union removes a 41/2year old fear of crashing out of the bloc without trading arrangements in place, but it will take UK financial markets years to lose their Brexitinflicted scars.
Oil Rises On U.S. Inventory Draw, Brexit Deal Hopes
Oil extended gains on Thursday as a drawdown in U.S. stockpiles of crude and gasoline lifted demand hopes, while investors also cheered a potential Brexit trade deal.
Families Of Crash Victims Want U.S. To Rescind Approval For Boeing 737 MAX To Fly Again
The families of victims killed in two crashes by Boeing Co's 737 MAX want U.S. regulators to rescind approval for the planes to fly again, following a Senate report that raised concerns about the reapproval process.
Britain Tells Shoppers Food Is Plentiful Despite Freight Halt
Britain said food was plentiful on Tuesday despite freight routes to mainland Europe remaining cut off, and people should not worry about supermarkets running out in the last few days before their traditional Christmas feast.
UK Economy Saw Partial Recovery In Q3, Recession Risks Ahead
Britain's economic recovery from its coronavirus crash was quicker than previously thought in the third quarter, according to official data, but new lockdowns are threatening to cause a another recession.
Convert MSP into Floor Price, Set Up Contract Farming Body to Resolve New Farm Laws Impasse: Report
Historical trend in grain procurement indicates that only 25-35 per cent of total wheat produce has been procured over the years, with largest procurement happening in Punjab and Haryana, it said.
German Court Allows Tesla To Partially Clear Forest For New Factory
A German court on Friday ruled Tesla could partially proceed with clearing a forest to build a manufacturing site near Berlin.
Exclusive: Brexit Clouds Airline Ownership As Spanish-led Fix Rebuffed
Spain, Ireland and Hungary have tried and failed to loosen EU airline ownership rules in a draft aviation deal with the UK, two people with knowledge of the matter said, out of concern about Brexit's impact on British Airways owner IAG, Ryanair and Wizz A...
U.S. Current Account Deficit Rises To More Than 12-year High
The U.S. current account deficit surged to its highest level in more than 12 years in the third quarter as a record rebound in consumer spending pulled in imports, outpacing a recovery in exports.
Fiat Chrysler CEO Manley To Run Americas After PSA Merger
Fiat Chrysler CEO Mike Manley will run operations in the Americas when his company merges with France's PSA Peugeot early next year.
BOJ To Look At More Effective Ways To Resolve Inflation Conundrum, Extends Fund Scheme
The Bank of Japan on Friday unveiled a plan to examine more effective ways to achieve its 2% inflation target, following in the foot steps of its U.S. and European peers as a renewed spike in infections threatened to derail a fragile recovery.