Business

Chinas bestknown entrepreneur, ecommerce billionaire Jack Ma, made his fortune by taking big risks.

Gulf Arab leaders gather in Saudi Arabia on Tuesday for a summit that is expected to see formal agreement towards ending a longrunning dispute with Qatar that shattered Gulf unity at a time of heightened regional tensions with Iran.

Wall Street's main indexes fell nearly 2% on the first trading day of the year on Monday as nerves over the outcome of runoff elections in Georgia this week countered optimism over a vaccinedriven recovery in the global economy.

A global stock index fell on Monday, the first trading day of the new year, pulling back after recent gains to record highs, and the U.S. dollar was near flat.

A slew of brokerages initiated coverage of Airbnb Inc and DoorDash Inc on Monday, having high hopes for their revenue growth and supporting eyepopping valuations obtained by both last month in stock market launches.

Oil prices fell from multimonth highs in volatile trade on Monday as U.S. stocks eased on concerns over the outcome of runoff elections in Georgia.

The Centre had set up a special borrowing window in October 2020 to meet the estimated shortfall of Rs 1.10 lakh crore in revenue arising on account of implementation of GST.

Tesla Inc shares rose to a record high in the first trading session of 2021, extending last year's more than eightfold surge that helped it become the world's most valuable carmaker.

The United States and several other countries have requested to join various WTO dispute consultations against India, related to its technology tariffs, also questioning its compliance with the WTO Information Technology Agreement (ITA).

Manufacturers in the euro zone ended 2020 on a high, with activity in the sector increasing at its fastest pace since mid2018, suggesting the bloc's economy was less hard hit by the pandemic than earlier in the year, a survey showed.

Danielle Schwartz didnt ask for an oil painting of her cat. But she loves the portrait of Stinky that hangs in her upstate New York home, a surprise gift from an unlikely place: an online pet store.

In the reporting week, the drop in reserves was on account of a fall in foreign currency assets (FCA), a major component of the overall reserves.

Moments after Britain completed its divorce with the European Union, the first trucks hauling goods across the new customs border presented their clearance documents to French agents before loading onto a train to pass through the Eurotunnel.

Gold gained as the dollar extended losses on Thursday, with the metal on track for its best year in a decade on economic uncertainty and as governments worldwide doled out massive stimulus to offset the impact of the coronavirus pandemic.

The contraction was mainly due to decline in production of natural gas, refinery products, steel and cement.

Singapore's economy, which is set for its worst contraction this year due to the COVID19 pandemic, is seeing signs of stabilisation, its prime minister said on Thursday.