Business
Carnival Expects 2021 Loss But Says 2022 Bookings Are Strong
Carnival Corp. said Monday its 2022 cruise bookings are running ahead of 2019 numbers, a good sign that guests will return once the pandemic has eased.
Ford Takes 2 Of 3 North American Vehicle Of The Year Awards
Ford Motor Co.'s new electric Mustang Mach E is the North American Utility Vehicle of the Year, and the company's F150 pickup won truck honors from a group of auto journalists.
Singapore Airlines Readies First U.S. Dollar Bond - Term Sheet
A term sheet for Singapore Airlines' first U.S. dollar bond has been circulated by bookrunners for the potential issue, and calls were being held with prospective investors on Monday, according to the document seen by Reuters.
Cities Faced Maximum Brunt of Covid But Will be Key to India's Post-pandemic Growth: WEF Study
The study by the Geneva-based World Economic Forum (WEF) said the unfolding COVID-19 pandemic has been catastrophic for cities.
M&S Clothing Sales Cut By British Lockdown Measures
Marks & Spencer (M&S) saw another big fall in sales of clothing and homeware in the Christmas quarter as COVID19 restrictions hit demand and closed space, factors it said were masking progress made on its turnaround plan.
OCBC Picks Wong As Group CEO, First Woman To Head A Singapore Bank
Singapore's secondlargest lender, OverseaChinese Banking Corp (OCBC), has appointed Deputy President Helen Wong as its new group chief executive, succeeding Samuel Tsien who retires in April after nearly nine years in the role.
Indian Economy to Rebound with 8.9% Growth in FY22, Says IHS Markit After NSO's FY21 Contraction Report
The National Statistical Organisation (NSO) on Thursday predicted that the economy will contract 7.7 per cent in the current financial year ending in March, the worst performance in four decades.
Judge Blocks Strike Over Railroad's Virus Safety Precautions
A federal judge has blocked one of Union Pacific's main unions from going on strike over its concerns about the railroad's efforts to protect employees from the coronavirus.
How Major US Stock Indexes Fared Thursday
Technology companies led stocks to more gains on Wall Street Thursday, reflecting investors' expectations that the Democratic sweep of Washington means more stimulus is on the way for the economy.
Playtika Eyes Nearly $10 Billion Valuation In U.S. Listing As Gaming Booms
Playtika Holding Corp is looking to raise as much as $1.67 billion in its U.S. initial public offering, giving it a valuation of nearly $10 billion, as it tries to cash in on demand for mobilegaming during the ongoing COVID19 pandemic.
Petrol Price at All-time High, Diesel Crosses Rs 81 in Mumbai
In Delhi, petrol now costs Rs 84.20 per litre and diesel is priced at Rs 74.38. In Mumbai, petrol comes for Rs 90.83 a litre and diesel for Rs 81.07. This is the highest ever price of petrol in Delhi, while diesel is at record high in Mumbai.
Gold Drops to Rs 51,350 per 10 gm, Silver Trends at Rs 71,400 per kg
The silver price has taken a huge jump in India, increasing by Rs 2,180 per kg on January 4 and another Rs 1200 rise on January 6.
Walgreens To Sell Drug Wholesale Business For $6.5B
Walgreens Boots Alliance will sell its pharmaceutical wholesale business to AmerisourceBergen in $6.5 billion cash and stock deal.
Euro Zone Contraction Deeper Than Thought In Dec But Optimism Rose
Euro zone economic activity contracted more sharply than previously thought at the end of 2020 and could get worse this month as renewed restrictions to contain the coronavirus hit the bloc's dominant service industry, a survey showed.
Bidding for Spectrum Auction for Radiowaves Worth Rs 3.92 Lakh Crore to Start from March 1: DoT Notice
The final list of the bidders will be declared on February 24 and bids for spectrum in frequency bands of 700 MHz, 800Mhz, 900 Mhz, 2100 Mhz, 2300 Mhz and 2500 MHz is scheduled to start from March 1, according to the notice.
World Bank Sees Subdued Recovery In 2021 And Plenty Of Risk
The global economy will experience a subdued recovery this year from the devastating pandemic, the World Bank predicted Tuesday, but it warned that the nearterm outlook is highly uncertain and growth could be imperiled if coronavirus infections and delays...