While the S&P boasted its steepest August percentage gain in more than three decades it ended Monday lower as investors took a pause although the Nasdaq rallied thanks to highflying stocks including Apple Inc .
The Gross Domestic Product (GDP) data for the first quarter of the ongoing financial year said that the country witnessed its worst contraction ever. India’s GDP for the April-June quarter nosedived by 23.9%, as per provisional estimates.
U.S. President Donald Trump's administration took new steps to curb steel imports from Brazil and Mexico on Monday, boosting protections for battered U.S. steelmakers and jobs in the election battleground states of Pennsylvania, Ohio and Michigan.
Brazil allowed a nontariff quota for ethanol imports to expire on Monday, which will result in U.S. producers having to pay a 20% tariff unless the Brazilian government takes new action.
Berkshire Hathaway Inc's $6.2 billion (4.6 billion pounds) foray into Japan's five largest trading houses may signal billionaire Warren Buffett's expectation that inflation and a falling U.S. dollar may make international equities more attractive when economies worldwide recover from the coronavirus pandemic. Berkshire said late Sunday, on Buffett's 90th birthday, it owned just over 5% of each of Itochu Corp , Marubeni Corp , Mitsubishi Corp , Mitsui & Co Ltd and Sumitomo Corp , and said it could increase its stakes to 9.9%.
AstraZeneca Plc said on Monday it has begun enrolling adults for a U.S.funded, 30,000subject latestage study of its high profile COVID19 vaccine candidate.
It is very likely that the GDP numbers could get revised further downward going forward due to challenges in data collection during the lockdown months.
South Korea's leftleaning government unveiled plans on Tuesday to increase spending aggressively for the next few years, to safeguard jobs and boost welfare for an economy hit by the coronavirus, taking public finances further into the red.
Japanese firms cut spending on plant and equipment by the most in a decade in the second quarter, the government said on Tuesday, as the coronavirus pandemic delivered a heavy blow to business activity.
On August 24th, the school education department of the state had announced that the online classes for students in Telangana will begin from September 1.
Even as the pandemic has disrupted and delayed the handset maker’s offline plans, Manu Jain, India managing director at market leader Xiaomi, said that the channel will contribute 50% of overall sales by the end of this year.
Japan's factory activity contracted at the slowest pace in six months in August, reducing some of the heat on policymakers pressured to take more radical steps to prevent the economy from sliding deeper into recession.
Asian stocks were set to weaken on Tuesday following a softer Wall Street close while the dollar slipped as markets digested new Federal Reserve comments that suggested rates will stay low for an extended period.
Facebook threatened to block Australian publishers and individuals from sharing news stories on its platform in reaction to an Australian measure that could require it to compensate media organizations for its use of their stories.
Japan's factory output rose in July at the fastest pace on record, driven by automobiles and car parts, signaling a gradual recovery from the blow delivered by the coronavirus pandemic.
Asian shares notched a 29month high on Monday as investors wagered monetary and fiscal policies globally would stay super stimulatory, while an upbeat reading on China's service sector augured well for continued recovery there.
French water and waste firm Veolia is offering to buy a 29.9% stake in its smaller peer Suez from French gas and power utility Engie for 2.9 billion euros, saying it aims to create a "world champion of ecological transformation".
Mainland Chinese investors are scouring Hong Kong's commercial property market for bargains after prices plunged 30%, signalling a new wave of demand following antigovernment protests last year that kept a lid on investment activity.
All retailers in England will charge for singleuse plastic carrier bags from next April with the price doubling to 10 pence ($0.13), the government said on Monday as it stepped up efforts to reduce plastic waste.Japan will likely see more financial tieups that extend beyond traditional boundaries similar to those signed between internet banking giant SBI Holdings Inc and regional banks, the country's senior financial regulator said.
Japan's factory output rose for a second straight month in July, signalling a gradual recovery from the blow delivered by the coronavirus pandemic.
Berkshire Hathaway Inc said it has acquired slightly more than 5% of the shares in five large Japanese companies, marking a departure for Chairman Warren Buffett as he looks outside the United States to bolster his conglomerate.
China's factory activity grew at a slower pace in August as floods across southwestern China disrupts production while smaller firms continued to struggle, potentially tempering a robust recovery for the economy from the coronavirus shock.
Gold prices rose on Monday to their highest level in nearly two weeks, as demand was boosted by a weaker dollar and the U.S. Federal Reserve's new policy framework suggested that interest rates would remain low for some time.
Oil prices nudged up on Monday, with Brent futures set to post a fifth straight monthly gain, as global stimulus measures underpin prices even as demand struggles to return to preCOVID levels in a well supplied market.
Asian shares notched a fresh twoyear high on Monday as investors wagered monetary and fiscal policies globally would stay super stimulatory for a protracted period, keeping the safehaven dollar on the defensive.
Chinese telecoms equipment maker Huawei Technologies Co Ltd is focusing on its budding cloud business, which still has access to U.S. chips despite sanctions against the company, to secure its survival, the Financial Times newspaper reported.
Students are getting some 'help' while taking tests at home
The deal is positive for all shareholders in all Future Group arms, except the Future Enterprises.
Iran's central bank said on Saturday it was taking legal steps to counter a lawsuit filed in a U.S. court by creditors seeking to seize $1.7 billion (1.27 billion pounds) of its assets held by Deutsche Boerse's Clearstream unit.
The page and event listing violated Facebook’s policies and should have been removed after numerous complaints were received about the group’s violent nature, Zuckerberg said in a video to employees that he posted publicly on his Facebook profile.
Cotton University (CU) is all set to launch an undergraduate programme for sportspersons — the first-of-its-kind course in the northeast — from this academic session.
IIT Bhubaneswar has commenced classes for the new academic year amid Covid-19 pandemic. It has started first year classes of postgraduate (PG) students and next semester of existing BTech, MTech and MSc students.
However, lockdown will continue to be implemented strictly in the Containment Zones till September 30, 2020.
Gujarat University makes no arrangement to provide safety gear for about 66,000 students who will appear for their final year exam in centres across State from September 3, 2020.
For new shoppers, Amazon and Google have emerged as the preferred discovery platforms before making purchases. In contrast, before the virus outbreak in India, just 22 per cent of the urban active internet users had shopped online.
With the economy still in the pandemics grip, the Federal Reserve is facing a decision on whether to stretch an emergency lending program in a way that could bring more risk for the government and taxpayers. Lawmakers are pressing the central bank to deliver more aid to struggling small and midsized businesses.
A day after rolling out a new strategy for U.S. monetary policy, Federal Reserve officials on Friday diverged over what it might mean in practice, saying there is no exact formula for the average inflation rate they plan to target.
In the next three months, the Rajasthan government is going to conduct various examinations amid pandemic that is creating a political uproar in the state.
As U.S. stocks hit record highs, some investors are betting the market’s future gains will be increasingly driven by some of its lesserloved companies.
Sanofi's confidence in its coronavirus vaccine candidates has increased this summer as the French drugmaker prepares to start clinical trials, its chief executive told Reuters.
Elon Musk isn't content with electric cars, shooting people into orbit, populating Mars and building underground tunnels to solve traffic problems. He also wants to get inside your brain.