Business

TVS Motor Company has invested an additional Rs 30 crore in electric vehicle startup Ultraviolette Automotive Pvt Ltd. The Chennaibased firm's fresh investment is part of Ultraviolette Automotive's latest round (Series B) of funding, TVS Motor Co said...

Ecommerce giant Amazon is adding 7,000 more permanent jobs in the U.K. by the end of the year, in the latest sign that demand for online shopping and services is booming amid the pandemic.

The Link will be a destination as it tops the wish list of discerning travelers across the world DUBAI, UAE, Sept. 3, 2020 /PRNewswire/ -- In a highly anticipated event, Ithra Dubai, fully owned by the Investment Corporation of Dubai, accomplished a new...

Asian equities pared early gains on Thursday amid growing worries about SinoU.S. relations while the euro hit a oneweek low as traders wagered on central bank action to tame the single currency.

Nissan Motor Co said on Thursday it has developed techniques that help speed up production of automotive components made from carbon fibre reinforced plastics (CFRP).

Gold on Thursday recouped some of the previous session's hefty losses as the dollar steadied, although gains were capped by an uptick in risk appetite on recent betterthanexpected economic data.

Bank of England Deputy Governor Dave Ramsden and another interestrate setter, Gertjan Vlieghe, warned of risks that Britain's economy could suffer more damage from the coronavirus crisis than spelt out by the central bank last month.

Switzerland has opened an enforcement case against Credit Suisse over a spying scandal that led to the ouster of its former CEO, a rare challenge to one of the country's major lenders.

Japanese antimonopoly regulators on Wednesday told convenience store chains to stop forcing franchises to stay open 24 hours a day, after complaints from franchise owners struggling to find latenight staff and make a profit during quiet business hours.

The chief executive of RollsRoyce said demand for his company's luxury cars is rebounding, helped by sales in Asia, and he is optimistic about the outlook for next year after the coronavirus pandemic hit consumer confidence and closed dealerships.

Indian shares were little changed on Wednesday, pressured by banking stocks, as heightened tensions at India's disputed border with China countered upbeat global sentiment.

The S&P 500 and the Nasdaq hit new highs on Tuesday with the techheavy index boosted by Apple and Zoom Video, while betterthanexpected U.S. manufacturing sector data fueled optimism around a postpandemic economic recovery.

Unlike many countries, India's food security has not been hit as the government has taken timely measures to mitigate the impact of the pandemic, it said at the 35th Asia-Pacific Regional Conference (APRC).

Oil prices rose on Tuesday, reversing overnight losses as betterthanexpected U.S. manufacturing activity data spurred hope for a postpandemic economic recovery, and as analysts forecast a sixth weekly drawdown in U.S. crude inventories.

American factories expanded at a faster pace last month, continuing a rebound from the coronavirus recession.

Zoom surged in early trading Tuesday, making the video conferencing company more valuable than wellestablished companies in the auto and aviation industries.