Business

Vernacular entertainment platform WinZO on Thursday said it has raised USD 18 million (about Rs 132.2 crore) in funding led by Singaporebased Makers Fund, and New Yorkbased Courtside Ventures. Both funds are making their firstever investment in India th...

The 15th Finance Commission will hold a meeting with its economic advisory panel on Friday to discuss issues of GDP growth, GST compensation and fiscal consolidation. Chairman N K Singh and the members of 15th Finance Commission will hold a day long me...

Europe kept record high world share markets marching forward on Thursday, while the dollar was in fightback mode and government bonds steadied after European Central Bank efforts to tame the euro.

Gold prices retreated further on Thursday, adding to its sharp drop in the previous session, after its safehaven appeal was dented by a stronger U.S. dollar and an uptick in risk appetite following economic data that bettered expectations.

Germany's debut green bond may finally provide an answer to the question that's been at the heart of the sustainable investing spree how much of a premium must investors pay to get hold of green securities?

Tesla Inc's CEO Elon Musk met with three German ministers and other senior politicians on Wednesday to discuss the progress of a collaboration between the car maker and a German biotech company and a planned electric vehicle factory.

United Airlines said Wednesday it plans to furlough 16,370 employees in October, down from an earlier target of 36,000 after thousands of workers took early retirement, buyouts, or long-term leaves of absence with the industry facing a slow recovery from...

Macy's Inc will drastically change how it does business this holiday season, executives said on Wednesday, placing a sharper focus on its online business and selling more beauty and home items to shoppers opting to stay home due to the COVID19 health cris...

Japan's Chief Cabinet Secretary Yoshihide Suga on Wednesday voiced his readiness to have the central bank take additional monetary easing steps to protect jobs, if he were to become prime minister.

Global shares were mostly higher Wednesday as investors were encouraged by positive U.S. economic data, even while the coronavirus pandemic has regions around the world battling recessions.

The Bank of Japan (BOJ) may need to pay more attention to job and household income in guiding monetary policy, deputy governor Masazumi Wakatabe said, as the coronavirus pandemic pushes the economy deeper into recession.

French spirits maker Pernod Ricard said it has written off 1 billion euros ($1.19 billion) in the full financial year 2019/20, as the shutdown of bars and restaurants in most of its markets due to the pandemic hit the company's sales and profit.

Gold prices slipped on Wednesday as the dollar rebounded after robust U.S. manufacturing data bolstered hopes around global economic recovery, tempering the safehaven bullion's allure.

Toyota Motor Corp on Tuesday reported a 23% drop in U.S. new vehicle sales in August versus the same month in 2019, as a twomonth industrywide shutdown of auto production in the spring to halt the spread of COVID19, as well as an uncertain economic recove...

It is hard enough developing a vaccine in record time to halt a global pandemic. But what if you need to print the instructions with every dose in Portuguese, Lithuanian and Greek?

Maersk will cut jobs in a major shakeup that will affect a third of the shipping giant's staff as it seeks to integrate its seaborne container and inland logistics businesses, it said on Tuesday.