Business
Nikola, Illumina Fall; Cubic, Rent-A-Center Rise
JPMorgan Chase & Co., down $3.04 to $95.31.
CBI Searches 8 Locations of Dairy Products Firm Kwality Ltd Over Rs 1,400-cr Bank Fraud
The CBI has registered the case against Kwality Ltd and its directors Sanjay Dhingra, Siddhant Gupta, Arun Srivastava besides other unidentified persons, they said.
Nikola Shares Slump Deepens As Founder Resigns
Shares of electrictruck maker Nikola Corp tumbled as much as 30% on Monday after founder Trevor Milton stepped down following claims of nepotism and fraud by a Wall Street shortseller that have drawn interest from U.S. regulators.
India's External Debt Up Nearly 3 per cent to USD 559 Billion at March-end
The ratio of foreign currency reserves to external debt stood at 85.5 per cent as at end-March 2020, as compared to 76.0 per cent a year ago, the report said.
Centre Introduces 3 Key Labour Codes in Lok Sabha, Says it Will Extend Social Security to All Workers
The minister said that the Bills introduced will also help the employers which will bring in investment and create harmonious industrial relations in the country.
Oil Flat As Libya Developments Counter OPEC+ Boost
Oil prices were unchanged on Friday, weighed after a Libyan commander said a blockade on the country's oil exports would be lifted for a month, while supportive signals from an OPEC+ meeting lifted futures.
U.S. House To Consider Bills On Chinese Goods Made With Forced Labour: Pelosi
U.S. lawmakers will consider two bills next week on goods made with forced labour from China's Xinjiang region, House Speaker Nancy Pelosi said on Friday, with one that would restrict imports and another requiring publicly traded U.S. companies to make di...
Global Markets: Equities Sink On Virus Angsts, Fed Aftermath; Gold, Yen Rise
U.S. and European equities slid on Friday as investors sought direction after this week's Federal Reserve meeting and a jump in coronavirus cases rattled sentiment, while gold rose and safehaven buying lifted the Japanese yen.
LSE Picks Euronext As Preferred Bidder For Borsa Italiana
London Stock Exchange entered exclusive talks to sell Borsa Italiana to Euronext on Friday, with the French operator seeing off Deutsche Boerse and Switzerland's Six as it bids to add another bourse to its panEuropean network.
One-hour British DnaNudge COVID-19 Test Is Accurate, Study Finds
A COVID19 test known as DnaNudge that gives results in just over an hour and which requires no laboratory was accurate in almost all cases, according to an academic review in the Lancet.
Egypt, Mexico And Moldova Out Of The Running To Lead The WTO - Sources
The Mexican, Egyptian and Moldovan candidates to lead the World Trade Organization are out of the race, four sources with knowledge of the situation told Reuters on Thursday.
Sensex Tumbles 323 Points as Global Markets Reel on Sober Federal Reserve Outlook
The 30-share BSE Sensex opened lower and stayed in the negative zone throughout the session. It finally finished at 38,979.85, down by 323 points or 0.82 per cent.Similarly, the NSE Nifty shed 88.45 points or 0.76 per cent to close at 11,516.10.
Bruised Dollar May Bounce If U.S. Election Gets Chaotic, Investors Say
Some investors are betting that a bout of electioninduced volatility may be just the thing to give the battered dollar a reprieve from its monthslong decline.
Indian IT Firm Happiest Minds More Than Doubles In Market Debut
Shares of India's Happiest Minds Technologies Ltd more than doubled in their stock market debut on Thursday, underscoring strong investor interest in IT services firms during the COVID19 pandemic.
Bangladesh Expresses Concern Over India Banning Export Of Onions
Bangladesh has officially conveyed its deep concern over India's banning the export of onions without due notice. The Indian government on Monday banned the export of all varieties of onions with immediate effect to increase availability and curb prices...
OPEC+ Compliance In August Seen At 101%: Three Sources
Compliance with oil production cuts in August among OPEC+ members was seen at around 101%, three OPEC+ sources told Reuters on Wednesday.