Business

Global aviation body IATA is developing a set of mobile apps to help passengers to navigate COVID19 travel restrictions and securely share test and vaccine certificates with airlines and governments, it said on Monday.

Wall Street's main indexes rose on Monday as hopes of a COVID19 vaccine and data showing a rapid expansion in monthly business activity fueled bets of a quicker economic recovery from a pandemicdriven recession.

Oil prices extended gains on Monday as traders eyed a recovery in crude demand thanks to successful coronavirus vaccine trials, although prices were contained by renewed lockdowns in several countries.

Switzerland's Zurich Insurance Group AG is in advanced talks to acquire MetLife Inc's U.S. property and casualty (P&C) car and home insurance unit for close to $4 billion (3.01 billion pounds), according to people familiar with the matter.

Sales of existing homes rose for a fifth straight month in October, the National Association of Realtors said Thursday.

The European Commission is holding off on updating EU contingency plans for a nodeal Brexit amid a final push in talks with Britain to safeguard free trade from tariffs and quotas in six weeks' time, officials said.

The prime ministers of Poland and Hungary accused European Union countries of blackmail on Wednesday, digging their heels in after vetoing the bloc's budget and postCOVID recovery package.

The National Rifle Association agreed to a fiveyear suspension of its insurance business in New York state and will pay a $2.5 million civil fine to settle charges it offered insurance to members without a license and concealed how it routinely kept some...

Delta Air Lines said on Wednesday it will continue blocking middle seats through March 30, setting it apart from its largest U.S. rivals under a longerterm strategy to fetch higher passenger revenues.

U.S. homebuilding increased more than expected in October as the housing market continues to be driven by record low mortgage rates, but momentum could slow amid a resurgence in new COVID19 infections that is putting strain on the economic recovery.

Zambia could have paid a coupon on one of its sovereign dollar bonds last Friday, but chose not to do so due to the need to treat all creditors equally, the copper producer's central bank governor said on Wednesday.

Iraq and Saudi Arabia opened the Arar border crossing for trade for the first time in three decades, the Iraqi border ports commission said on Wednesday.

General Motors Co will roll out details of an expanded and accelerated electric vehicle strategy on Thursday in an effort to convince investors it can be a serious competitor to Tesla Inc, people familiar with the plans said.

While most people start learning how to drive with a hand-me-down car from parents or relatives, there comes a time when they want to get their first new car. With hundreds of models to choose from, narrowing it down to just one can seem overwhelming.

There is no significant evidence of coronavirus being spread through food trade and such reports "need to be minimised", Maximo Torero Cullen, chief economist of the United Nations food and agriculture agency, said on Wednesday.

The two-day meeting of the world's wealthiest nations follows a bitter US election disputed by President Donald Trump and comes amid criticism over what campaigners call the group's inadequate response to the worst recession in decades.