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Dow Falls Over 900 Points as Coronavirus Cases Surge and Lockdowns Loom

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Serum Institute to resume vaccine trials after DCGI nod

The next step in studying any vaccine is to confirm that it can effectively protect against COVID-19 infection. The trial is assessing the efficacy and safety o...

SEC Charges Rapper T.I. & Four Others for Promoting Fraudulent ICO, FLiK

FLiK managed to raise approximately $165,000 worth of ethereum in the ICO that was floated in 2017. Flix tokens at the time of their launch were promoted as t...

FT: SoftBank Executives Renew Talks On Taking The Group Private

SoftBank is nearing a deal to sell its chipmaker Arm Ltd.to Nvidia Corp in a deal that could value Arm at about $40 billion in cash and stock, people familiar w...

The Maserati MC20 is a 620PS mid-engined supercar | GRR

We will all make our own minds up about the styling - PH is looking around the MC20 right now, so a more detailed verdict is due soon - but we can hopefully all...

Oil drops on higher inventories, weak U.S. stock markets

Both Brent and US crude lost about 6% on the week after a series of signals that showed markets still have an abundance of supply. Crude oil finished lower ...

UK's Johnson accuses European Union of threatening food blockade

And Northern Ireland Secretary Brandon Lewis conceded the bill would break worldwide law, but "in a very specific and limited way". Speaking on Sky News, Mi...

Maserati Officially Launches New Trident Era With 2021 MC20

In the Maserati MC20 , the "MC" stands for Maserati Corse while 20 stands for the year of its world premiere. The supercar will come with a price tag of $210...

US consumer prices increase solidly in August

The US central bank in August rewrote its framework, putting new emphasis on the labor market and less on worries about too-high inflation . Consumers rush...

Toronto will allow heaters on all outdoor patios this fall

The planned extension - which also includes patios on curb lanes - is meant to provide additional support for local restaurants by permitting portable heaters, ...

United Kingdom economy grows 6.6% in July as coronavirus restrictions eased

And it means the economy has recovered more than half the output lost during the pandemic. The deep sleep for activity sparked the largest recession in United...

Morrisons hit with £155m Covid costs, but grocery sales soar

Total revenue was £8.73bn during the period, down 1.1% year on year, attributed to low fuel demand, while total revenue growth excluding fuel was up 8.8% to £7....

Economy grows by 6.6 per cent in July

ONS director of economic statistics Darren Morgan said: "Car sales exceeded pre-crisis levels for the first time with showrooms having a particularly busy time....

Louis Vuitton to launch a face shield at Rs. 70,000

Burberry announced in August that it would begin selling R2,000 face masks featuring its signature tartan print, with 20% of the selling price of each mask go...

Indian Economy Likely To Contract 11.5% In 2020-21: Moody's

While the rating agency did not take a rating action, it cautioned of India's "increasingly constrained" credit profile by a high debt burden and a weak financi...

Rio Tinto's CEO to quit after anger over Aboriginal cave blasts

Rio Tinto , the world's second-largest mining company, said in a statement Mr Jacques would step down "by mutual agreement" with the company's board, as would...

Tesla To Start Exporting Made-In-China Vehicles

Although Tesla builds a Gigafactory in Shanghai, the company reassured its customers that it wasn't just going to shift production capacity to China . Now it...

Maserati MC20 officially unveiled: Mid-engined supercar to revive brand

Sports vehicle maker Maserati is firing up a major push to revive the iconic Italian brand's flagging fortunes, this week unveiling a new supercar and new ele...

Zomato plans to hit capital market in H1 of 2021

The fresh funding tranche comes right after the company closed a $62 million fund from Temasek's MacRitchie Investments. Interestingly, in May this year, Am...

Long-term United States mortgage rates have dropped again (Sept. 10)

The Mortgage Bankers Association predicts rates won't climb past the the mid-3% range over the next two years. It was the ninth time since the coronavirus start...

Lululemon Reports Second Quarter Financial Results

It represented 61.4% of total revenue, compared to 24.6% previous year. The company saw strength in traffic and conversion, with traffic increasing 90% helped...

Lucid Motors shows off autos to be manufactured in Pinal County

Lucid Air has been in the news for quite some time now. "With the Lucid Air, we have created a halo vehicle for the entire industry, one which shows the advan...

UK PM Johnson appeals to party for support over controversial bill

He told around 250 MPs that controversial clauses in the UK Internal Market Bill are "necessary to stop a foreign power from breaking up our country", and mai...

Louis Vuitton Owner sues Tiffany over fumbling the pandemic response & deal

LVMH stated Thursday it was "amazed by the suit submitted by Tiffany ", calling the action "absolutely unproven". LVMH - whose pricey labels include Loui...

Short-seller accuses Nikola of fraud after its $2 billion GM deal

Shares of Nikola Corp fell 8% on Thursday after Hindenburg Research shorted the stock and labeled the electric truck maker a "fraud" in a scathing report , evo...

Facebook Launches Legal Action Against Irish Watchdog Over Data Transfers

Ireland's Data Protection Commission declined to comment. Facebook may be forced to stop sending data about its European users to the USA, in the first majo...

Government plans to boost electric uptake

The finance also taps a government-commissioned report by the Office for Low Emission Vehicles, which suggests green-coloured parking spaces, charge points at...

Citi picks Jane Fraser as next CEO, first woman in that role

Globally, female leaders are still a rarity in banking. During the financial crisis, Fraser was part of a team that helped decide which divisions would be sol...

Pizza Hut to permanently close Stafford restaurant

United Kingdom tori pipo Independent report say di shut down go lead to loss of about 450 jobs for di UK. Pizza Hut said on Wednesday that it was forced to re...

Biden: 'I hope I don't take the bait' in debate with Trump

Audio of him talking to Bob Woodward admitting to coronavirus being " more deadly than even your strenuous flus ". Trump usually fights criticism by blami...

McLaren hangs asking price of 200 million pound to factory in Woking

McLaren's financial position has been on rocky ground since March, with the British company seeking to raise hundreds of millions to strengthen its balance shee...