Business

Walmart Inc said on Tuesday it was optimistic about its holiday sales prospects in a pandemicridden year after the bigbox retailer beat Wall Street expectations for quarterly results as Americans increasingly shift their spending online.

Lakshmi Vilas has been looking for a buyer since last year and the RBI last year rejected a proposal for it to merge with shadow lender Indiabulls Housing Finance Ltd.

Retail sales in the U.S. grew a slowerthanexpected 0.3% in October, even as retailers offered early holiday discounts online and in stores.

Conceptualized in 2012, RCEP is touted as the largest regional trade agreement aimed at facilitating easier exchange of goods and services among its member nations.

A gauge of global stocks hit a record and oil prices jumped on Monday as the newest positive data for a potential COVID19 vaccine and signs of economic recovery in Asia boosted sentiment.

Korean Air says it will acquire Asiana Airlines for $1.62 billion in a major restructuring of the Korean aviation market as the global coronavirus pandemic batters the industry worldwide.

The Trump administration on Monday issued a request to energy companies to identify what specific land areas in the Arctic National Wildlife Refuge should be offered for sale, according to a government document.

U.S. safety regulators are continuing their investigation into complaints that Tesla's giant touch screens can fail and cause the cars to lose the rear camera display and other functions.

The government said transaction advisors for the sale of government's 52.98 per cent stake in Bharat Petroleum Corp Ltd (BPCL) have reported receiving "multiple expressions of interest."

Gold hit a oneweek high on Monday as COVID19 cases continued to mount, raising investor expectations of further economic stimulus measures, while a subdued dollar added support.

Hungary plans to raise a political veto on the European Union's 202127 budget later on Monday over the proposal to tie disbursement of EU funds to ruleoflaw conditions, the web site portfolio.hu reported on Monday.

Vodafone Group, the world's second largest mobile operator, said it was increasingly confident about its fullyear performance after a "resilient" first half, despite underlying momentum being obscured by the impact of COVID19.

Uber Technologies Inc is in talks to sell its autonomous driving unit, Uber Advanced Technologies Group (ATG), to selfdriving car startup Aurora, a source familiar with the matter told Reuters.

U.S. consumer sentiment fell unexpectedly in early November as households worried about their finances, the resurgent COVID19 pandemic and the depleted fiscal stimulus, dimming the economy's outlook as the curtain started to close on a challenging year.

Quebec's Medicago, owned by Mitsubishi Tanabe Pharma and Philip Morris, said on Thursday its experimental COVID19 vaccine, developed with limited government funding, would go into latestage trials before the end of the year, cementing its lead in the race...

Imports will resume automatically after one week, the General Administration of Customs said in a statement.