Business

DoorDash Inc, the U.S. food delivery startup backed by SoftBank Group Corp , on Friday made public its regulatory filing for an initial public offering (IPO) on the New York Stock Exchange, teeing the company up to float its shares before the end of the y...

In winter months, household palm oil consumption falls in India as the tropical oil solidifies at lower temperatures.

Walt Disney Co. reported fiscal fourth-quarter loss on Thursday thanks largely to changes related to the COVID-19 pandemic. Its earnings were dragged by costs from restructuring related to its streaming services and lost revenue from its California theme...

It added that keeping in mind the "ongoing stress on Customs revenues", it is suggested to limit the issuance of MEIS duty credit scrips in this financial year.

U.S. crude oil inventories rose unexpectedly last week while gasoline and distillate stockpiles fell, the Energy Information Administration said on Thursday.

The finance minister announced tax relief on select home sale deals, enhanced credit guarantee programme for small businesses and provided incentives for new job creation as the government widened stimulus measures to boost the economy.

Gold rose 1% on Thursday on market skepticism over the logistics of a potential COVID19 vaccine rollout as cases continued to surge in the United States, while hopes of more fiscal and monetary stimulus offered support to the safehaven metal.

German engineering group Siemens gave a cautious outlook on its recovery from the COVID19 pandemic, saying on Thursday it expects government and company investments next year to lag the global rebound in economic growth.

Singaporean Jason Chen recently bought a S$1.7 million ($1.26 million) threebedroom apartment in a swanky condominium, upgrading his home in the middle of the COVID19 pandemic which has triggered the country's worst ever recession.

Stocks that moved heavily or traded substantially Wednesday:

American Airlines is set to restart flights to China in coming days, lifting the total number of U.S. weekly flights to China to 10 from eight, a U.S. Department of Transportation (DOT) official said at an aviation conference on Wednesday.

Gold prices fell 1% on Wednesday hurt by a stronger dollar, while optimism around a potential COVID19 vaccine raised hopes for a quick economic rebound, driving investors towards riskier assets.

Turkish President Tayyip Erdogan pledged a new economic growth strategy on Wednesday based on stability, lower inflation and international investment, a shift in rhetorical gears that sparked a 3% rally in the lira.

Three Israeli airlines will begin direct flights from Tel Aviv to Dubai in December, with El Al operating twice daily services, Israir offering six weekly flights and Arkia operating a daily service, Dubai Airports said on Wednesday.

The Spanish government will cut the valueadded tax on health masks to 4% from 21% in a bid to reduce their retail price amid the coronavirus pandemic, Budget Minister Maria Jesus Montero said on Wednesday.

Gold held steady on Wednesday, as concerns over the global rollout of a potential COVID19 vaccine and bets for further stimulus to ease the pandemic's blow offset strong appetite for riskier assets and a firm dollar.