Business
Analysis: Retail Traders Position For Volatility After U.S. Election
Retail investors have been a growing force in 2020, exploding in numbers during lockdowns and helping fuel the rebound in stocks from pandemicdriven lows. Now, as electionrelated volatility spikes, this new cohort sees opportunities.
Saudi Aramco Third-quarter Profit Slumps 44.6% As Pandemic Chokes Demand
Saudi Arabian state oil group Aramco on Tuesday reported a 44.6% drop in thirdquarter net profit, in line with analysts' estimates, dented by lower crude oil prices and volumes sold as the coronavirus crisis choked demand.
Pilots Say FAA Proposal For Boeing Max Training Needs Work
U.S. pilot unions say the Federal Aviation Administration should improve its proposal for training pilots how to handle a nosedown pitch of the Boeing 737 Max, which was grounded after two deadly crashes.
Watchdogs Hold Talks With Ant As China Releases Draft Online Lending Rules
China's central bank and three financial regulators held talks with Ant Group's top executives and its founder Jack Ma on Monday as Beijing published new draft rules for online microlending.
McDonald's Hires Diversity Chief Amid Corporate Turmoil
McDonalds is hiring a new chief diversity officer as it struggles with charges of harassment and racism at all levels of the company.
Traders Support Future Retail in Battle Against Amazon
Bhartia and Khandelwal said that the recent step by Amazon to invoke jurisdiction of Singapore International Arbitration Centre Rules, related to a deal between Future Retail & Reliance Group is nothing but a sheer tactic to overpower and control Future R...
Mahomes Throws 5 TD Passes As Chiefs Romp Past Jets, 35-9
Patrick Mahomes threw for 416 yards and five touchdowns, the Kansas City defense shut down Sam Darnold and the inept Jets offense, and the Chiefs romped to a 359 victory over winless New York on Sunday.
ED Arrests Man Under PMLA in Rs 750 Cr Bank Loan Fraud
The PMLA case was filed against them after studying an FIR registered by the economic offences wing (EOW) of the Delhi Police on the basis of a complaint received from Hassad Netherlands BV.
Nigeria Reaches Out To U.S., South Korea To Back WTO Candidate
Nigeria is reaching out to the United States and South Korea to persuade them to back its pick to head the World Trade Organization, the trade ministry said on Friday, after the candidate's lastminute rejection threw the selection process into confusion.
Delta Air Lines CFO Jacobson To Resign, Join GM As Finance Head
Delta Air Lines said on Friday Chief Financial Officer Paul Jacobson would resign from his position, effective Nov. 15, to join General Motors as CFO.
Stocks, Oil Fall Further On Virus, U.S. Election Angst
Stocks across the globe resumed their slide on Friday and oil headed for a doubledigit weekly fall on continued concern over the economic impact of rising global coronavirus infections and ahead of Tuesday's U.S. presidential election.
Exxon Posts Third Straight Loss As Pandemic Hits Energy Demand, Prices
Exxon Mobil Corp posted its third straight quarterly loss on Friday and detailed deeper spending cuts to come, as the oil major reels from the COVID19 impact on energy demand and prices.
Exxon, Chevron Lose $887 Million As Pandemic Pain Continues
Exxon Mobil lost $680 million in the third quarter as the global pandemic curtailed travel throughout the world, diminishing the need for fuel.
Activision Raises Sales Forecast On Lockdown Demand, New COD Release Hopes
Activision Blizzard Inc raised its annual adjusted sales forecast on Thursday, betting on strong sales for its upcoming videogame in the blockbuster "Call of Duty" franchise as demand from stayathome gamers continues to rise.
Starbucks Sales Recover Faster Than Expected In US, China
Starbucks saw faster-than-expected recovery in the U.S. and China in its fiscal fourth quarter, giving it confidence as it heads into the holiday season.
Tech Giants Report Higher Profits - Some More Than Others
Five technology giants are reporting earnings Thursday, providing the latest indication of whether they are rebounding from an economic slowdown earlier this year.