Business

Energy companies on Friday continued efforts to restore operations at U.S. Gulf Coast offshore platforms and refineries shut by Hurricane Laura as oil markets largely shrugged off the storm's impact.

El Al Airlines will on Monday fly Israel's first flight to the United Arab Emirates by a commercial carrier, a timetable on the Israel Airports Authority's website showed, as the countries forge ahead with a deal to normalise ties.

Oil and gas exports from the United States have been severely disrupted by Hurricane Laura, with nearly a million barrels per day (bpd) of crude exports likely reduced this week by closures of U.S. Gulf Coast terminals and disruptions at ports.

A nuclear energy venture founded by Bill Gates said Thursday it hopes to build small advanced nuclear power stations that can store electricity to supplement grids increasingly supplied by intermittent sources like solar and wind power.

Restructuring benefit can be availed by those whose account was standard on March 1 and defaults should not be over 30 days.

The Federal Reserve on Thursday rolled out an aggressive new strategy to restore the United States to full employment and lift inflation back to healthier levels in a world where it now believes that "downward risks to employment and inflation have increa...

The Insolvency and Bankruptcy Code (IBC) provides for a time-bound and market-linked resolution of stressed assets.

Asian shares touched twoyear peaks on Thursday in the wake of Wall Street's record run as cheap cash drove up bigcap tech darlings, although SinoU.S. tensions caused caution to creep in as the session progressed.

Afterpay laid out plans on Thursday to expand its buynow, paylater service to at least four continents, capitalising on the sector's burgeoning popularity, as the Australian firm said its fullyear loss more than halved.

Wall Street advanced on Wednesday as upbeat earnings kept investors focused on momentum stocks that have outperformed since the onset of the coronavirus pandemic.

The floor price for the offer has been fixed at Rs 1,001 per equity share of the company. The stake sale will take place on a separate window of the stock exchanges on August 27 and 28, 2020.

The S&P 500 and the Nasdaq hit record highs on Wednesday as investors bought into technology stocks that have thrived during the COVID19 pandemic following the upbeat quarterly results from Salesforce and HP Enterprise.

The coronavirus crisis, an oil price shock and crippling U.S. sanctions on Iran's energy and banking sectors have brought the country's economy to its knees. Yet the Tehran Stock Exchange is home to one of the top performing equity indexes in the world.

AirAsia X Bhd needs creditors' support to ride out the coronavirus crisis, the Malaysian longhaul budget airline said on Wednesday, as it posted a quarterly loss and revenue plunge.

Gold prices fell on Wednesday as the dollar gained, while investors waited for U.S. Federal Reserve Chairman Jerome Powell's speech for a snapshot of the central bank's monetary plan to revive the pandemichit economy.

China's food supplies remain stable and consumers should not be "overly anxious" or even resort to "panic buying", a senior agriculture ministry official said on Wednesday, following recent uncertainty caused by the coronavirus pandemic.