Business
Walmart To Triple Exports Of India-made Goods To $10 Billion Per Year By 2027
India is already among Walmart's top sourcing markets for products such as jewellery and homeware, with annual exports of about $3 billion.
Trump Admin Revives Oil Leasing In California Despite Opposition
The Trump administration on Thursday will hold a sale of oil and gas leases on federal land in California for the first time in eight years despite widespread opposition to the auction in the Democratic state, including from its governor.
Global Markets: ECB To Go Easy; Brexit Goes Sour
Bets on more European Central Bank stimulus kept Europe's main stock markets and the euro steady on Thursday, but Britain's pound saw its biggest drop in almost a month after overnight Brexit talks turned sour.
Top Investor BlackRock To Expand Climate Talks With Companies In 2021
BlackRock on Thursday said it would more than double the number of companies it engages with over climaterelated issues to over 1,000 and laid out stronger goals on other fronts for portfolio firms ahead of the upcoming shareholder meeting season.
China Slaps More Taxes On Australian Wine Amid Tension
Chinas government on Thursday slapped more taxes on wine from Australia, stepping up pressure in a bitter diplomatic conflict over the coronavirus, territorial disputes and other irritants.
Little Chance Of Trade Deal When Johnson, Von Der Leyen Meet - French Official
Britain and the European Union are so far apart in postBrexit trade talks that there is scant likelihood of a deal when Prime Minister Boris Johnson meets European Commission President Ursula von der Leyen on Wednesday, a French official said.
Factbox: As Brexit Transition Period Ends, What Does That Mean For Airlines?
Britain's status quo transition period with the European Union will end at 2300 GMT on Dec. 31. There are growing fears for a nodeal scenario as UK Prime Minister Boris Johnson heads to Brussels in a lastditch attempt to secure a trade deal.
Oil Rises On Vaccine Hopes Despite U.S. Stock Build
Oil prices rose on Wednesday as news about COVID19 vaccines lifted investor hopes for a recovery in fuel demand and outweighed concerns sparked by figures indicating U.S. oil inventories jumped last week.
Deutsche Bank Sticks With 2022 Profit Target, To Make Deeper Cost Cuts
Deutsche Bank on Wednesday said it would cut costs further as the bank confirmed a key profitability target for 2022 that is higher than some analysts have forecast.
Asian Markets Look To Rise On Vaccine, Stimulus Hopes
Asian markets were set to rise Wednesday as investors tracked positive news on COVID19 vaccines and ongoing efforts to launch more fiscal stimulus.
Boeing Suffers More Canceled Orders For Its 737 Max Plane
Boeing Co. reported more cancellations for its 737 Max jet, which this week is scheduled to carry paying passengers for the first time since the planes were grounded 21 months ago after two deadly crashes.
Goa Carbon, NBCC and Other Stocks in Focus Today
Canara Bank: At a floor price of 103.5 per share, the bank has launched a QIP issue for up to Rs 2,000 crore.
US Credit Card Balances Fall, Though Overall Borrowing Rises
U.S. consumers took out more auto and student loans in October, but cut back on credit card borrowing, a sign that they remain cautious about spending amid a spike in virus cases.
Graphic: No-deal Brexit? Little Chance, Say Investment Banks
Worries about Brexit trade talks knocked the pound 1% lower on Monday, but investment banks continue to expect Britain and the European Union to reach a deal before the Dec. 31 deadline.
Airbnb Boosts IPO Price Range In Sign Of Frenzied Investor Appetite
Airbnb Inc expects to raise up to $3.09 billion in its initial public offering after boosting its price range, setting it up for a blockbuster debut 13 years after it was founded as a website in a loft that went on to revolutionize the hospitality industr...
Iran Prepares To Raise Oil Exports If Sanctions Eased - State Media
Iran has instructed its oil ministry to prepare installations for production and sale of crude oil at full capacity within three months, state media said on Sunday, ahead of a possible easing of U.S. sanctions after Presidentelect Joe Biden takes office.