Business

The number of Americans seeking unemployment benefits fell slightly last week to 793,000, evidence that job cuts remain high despite a substantial decline in new viral infections.

The two-dose shot, developed with Oxford University, has been hailed as a “vaccine for the world” because it is cheaper and easier to distribute than some rivals.

Singapore Airlines (SIA) began operating flights on Thursday with full sets of crew members vaccinated against COVID19 as the citystate seeks to rejuvenate its status as an international travel hub.

Bumble Inc, a dating app operator backed by buyout firm Blackstone Group Inc, sold shares in its initial public offering (IPO) on Wednesday at $43 apiece above its target range, to raise $2.2 billion

Ubers whittled its losses at the end of a topsyturvy year that forced the ridehailing service to rely more heavily on its fooddelivery business after the pandemic dramatically reduced the number of people willing to hop into a car driven by a stranger.

U.S. consumer prices rose 0.3% in January, led by a surge in energy. Though the gain was the biggest monthly increase since July, inflation in the past year remains modest.

Iraq said on Wednesday OPEC+ would keep its output cuts policy unchanged at a March meeting, but that Saudi Arabia would likely abandon voluntary production cuts of 1 million barrels per day (bpd) after that as oil prices rally.

German conglomerate Thyssenkrupp on Wednesday raised its fullyear outlook for the first time in nearly four years, boosted by a recovery at its steel unit that could strengthen the case for a spinoff.

South Korea's unemployment rate soared to a 21year high in January, while the number of people employed fell at the sharpest pace in more than two decades, as curbs to contain the coronavirus continue to hurt the job market.

The Dow and the S&P 500 eased from record highs on Tuesday as investors digested recent gains while awaiting progress in passing a proposed $1.9 trillion stimulus plan.

Jeffrey Ubben, a hedge fund veteran in talks to join Exxon Mobil Corp's board, is seeking to raise as much as $8 billion for his new socially and environmentally conscious fund, according to people familiar with the matter.

Illinois farmer Fred Helms is so eager for his next soybean crop he invested in a fastermaturing variety of soy seeds in hopes of beating other farmers to harvest the crop in midSeptember, more than a month earlier than usual.

Companies will have to give three days’ of paid leaves and 12 hours of work per day to their employees with the consent of the workers, said Labour and Employment Secretary Apurva Chandra said on Monday.

Stocks that traded heavily or had substantial price changes Monday:

Tesla Inc said on Monday it had invested around $1.5 billion in bitcoin and expected to begin accepting payment for its cars and other products with it in the near future, prompting a 7% jump in the electronic currency.

The shares of the company were trading at Rs 435.90 witnessing an increase of 56.15 points or 14.79 percent on the BSE at 1:02 pm. Similarly, on the National Stock Exchange (NSE), the shares stood at Rs 436.70 up by 56.85 points or 14.97 percent.