Business

Shares on Monday recovered globally from onemonth lows as strengthening factory data in China and Europe offset news of new virus lockdowns, while investors prepared for more volatility arising from the U.S. presidential election.

Mexico's economy grew 12.0% during the third quarter, largely as expected, making up for much of the record contraction over the previous three months at the height of the coronavirus lockdown, preliminary data showed on Friday.

The Centers for Disease Control and Prevention (CDC) on Friday issued a framework for a phased resumption of cruise ship operations after a nosail order issued in March in response to the coronavirus pandemic expires on Saturday.

General Motors has hired away Delta Airlines' CFO to fill the automaker's top financial job.

Wall Street's major indexes tumbled on Friday, dragged down by a slide in shares of tech heavyweights following their quarterly results, with a record rise in coronavirus cases and nerves over the presidential election adding to a downbeat mood.

Wall Street was set to tumble again on Friday, triggered by a selloff in tech heavyweights following their underwhelming business updates, with a record rise in coronavirus cases and nerves over the presidential election adding to a downbeat mood.

Wages and benefits for U.S. workers grew slowly this summer for the second straight quarter, as employers sought to hold the line on pay gains in the midst of the pandemic.

A group representing U.S. pension funds says the head of an Apollo Global Management Inc committee overseeing the investigation of CEO Leon Black's ties to late financier and convicted sex offender Jeffrey Epstein is not independent.

HPCL is now trading at 21.5 per cent up from its 52-week low of Rs 150 a piece. The total market capitalisation of the firm has reached Rs 28,716 crore. It is, however, still far below its value at this time last year, which stood over Rs 320 a piece.

Brazilian federal prosecutors on Thursday filed a lawsuit contesting a compensation package for victims from a 2015 collapsed dam jointly owned by mining giants BHP and Vale , arguing that the package is far too low.

The United States revealed on Thursday it had seized Iranian missiles shipped to Yemen and sold 1.1 million barrels of previously seized Iranian oil that was bound for Venezuela, in the Trump administration's latest move to increase pressure on Tehran les...

The decline in output during the month under review was lowest since March. Barring coal, electricity and steel, all sectors — crude oil, natural gas, refinery products, fertiliser and cement — recorded negative growth in September 2020.

Airbus said on Thursday it expected to stop burning cash in the fourth quarter, giving investors the first glimpse of a path out of the coronavirus crisis after speeding up deliveries to cashstrapped airlines.

Investors pinning hopes on cannabisinfused drinks to propel growth of the legal marijuana industry may have to wait a bit longer, as companies struggle to produce and distribute the highlysought beverages in a profitable way.

Volkswagen AG returned to profit in the third quarter as surging Chinese demand for luxury cars helped offset a 1.1% drop in vehicle deliveries due to the COVID19 crisis.

The U.S. economy likely experienced record growth in the third quarter as more than $3 trillion in federal pandemic relief spending fueled historic consumer spending, but the deep scars from the COVID19 recession could take a year or more to heal.