Business

Diabetes drugmaker Novo Nordisk forecast a rise in underlying sales and profit for 2021 on Wednesday and said it expected more Americans to get access to its drugs under the new Biden administration.

Japanese electronics and media giant Sony Corp raised its fullyear profit outlook by onethird and said it was struggling to keep up with pandemicfuelled demand for the new PlayStation 5 amid a global shortage of semiconductors.

Hard Rock International is handing out cash bonuses to its workers in several states, including New Jersey and Florida, to thank them for their efforts, including persevering during the coronavirus pandemic.

Any pullback in GameStop Corp's shares potentially exposes some investors to losses. Those at risk could include people who bought the stock at recent highs, or on margin, and those using options trading strategies.

Funds for the National Scheme for Incentive to Girls for Secondary Education have been reduced to just ₹1 crore from ₹110 crore in the current fiscal.

A U.S. Treasury move to delay a ban on investments in companies linked to the Chinese military has left U.S. investors in limbo and unable to tap opportunities nonU.S. investors get to enjoy.

Nirmala Sitharaman said all divestments announced so far will be completed in FY22, including BPCL, CONCOR, Pawan Hans, Air India and the Initial Public Offering of LIC.

An amendment in this regard is proposed in the Finance Bill 2021, to ensure that firms deposit the social security contributions of their employees like Employees' State Insurance (ESI) well in time.

It's a fable for our times: Small-time investors band together to take down greedy Wall Street hedge funds using the stock of a troubled video-game store.

Abu Dhabi Commercial Bank said on Sunday it posted a 27% drop in net profit for 2020, as it booked significantly higher provisions including new ones for troubled hospital operator NMC, for which it had nearly $1 billion in lending exposure.

Tunisia will issue debt worth up to $3 billion this year and aims to roll over some existing credit arrangements while setting in train wider economic reforms, Finance Minister Ali Kooli told Reuters in an interview.

Its total income increased to Rs 24,416 crore from the year-ago's Rs 23,638 crore, while the total expenditure was lower at Rs 15,596 crore as against Rs 16,089 crore.

The document said that the labour force participation rate (LFPR) of females in the productive age (15-59 years) was 26.5 per cent in 2018-19, as compared to 80.3 per cent for males (rural and urban).

The pre-Budget document tabled in Parliament on Friday noted that in the absence of a potent cure, preventive vaccine; interplay of network structures in densely populated areas, and a high case fatality rate (CFR), India weighed the costs and opportuniti...

The increased hiring is planned despite expectations that President Joe Biden will adopt a more relaxed view on immigration in general.

The indices on Thursday, January 28 are expected to open in red as the SGX Nifty indicated a lower opening for the domestic market.