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

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Small firms thrown lifeline in insurance test case ruling

Christopher Woolard, interim chief executive of the FCA, said the ruling removed "a large number" of roadblocks to successful claims, as well as clarifying thos...

Cut-price meal offer drives large fall in inflation

The UK's restaurant subsidy scheme to support the hospitality sector through the Covid-19 pandemic helped to push the country's inflation rate down to its lowes...

Happiest Minds share prices more than double on listing

At 10:01 hours IST, the stock was trading at Rs 384.15, up 131.42 percent over issue price and up 9.44 percent over opening price, with 24,30,192 volumes on the...

S&P 500 ends higher on growing hopes Fed will stay accommodative

The Nasdaq, which includes many tech stocks, picked up 203.11 points, or 1.9%, to 11,056.65. Tesla shares soared 12.58 per cent, contributing to the market. I...

Swedish fintech Klarna surpasses USD10B in valuation

Silver Lake co-CEO Egon Durban and MD Jonathan Durham said: " Klarna is one of the most disruptive and promising fintech companies in the world, redefining t...

Ferrari Portofino M arrives with extra power, 8-speed DCT

The Portofino M or Modificata (used historically by the brand to designate an evolution in performance) includes a host of technical enhancements over the sta...

Coronavirus: Oil market remains fragile as pandemic continues to drive down demand

The IEA said the outlook for the global oil market "appears even more fragile" thanks to rising oil supplies, faltering demand (especially with aviation still l...

United Kingdom unemployment reaches highest level for two years

The big question is how many of them will have a job to return to when the scheme ends in October. Meanwhile, unemployment increased by 104,000 to 1.4 million...

Singapore Airlines drops Canberra route in global downsizing

The airline will pull out of the Australian capital Canberra as well, Singapore Airlines' Regional Vice President for South West Pacific, Philip Goh, told Ex...

India CPI Retail Inflation Rate August 2020

Last month, the Reserve Bank of India had refrained from easing the monetary policy further, after months of aggressive cuts in interest rates, citing inflation...

Taco Bell releases its own wine to pair with new menu item

They stated the wine pairs well with their Toasted Cheesy Chalupa. "Wine and cheese are simply meant to be together, so launching a new wine to go with the cr...

Nikola Falls; SEC Said to Examine Truck Maker After Short Report

Nikola had inked a $ 2 billion deal with General Motors just days before the report, sending its market value soaring more than 40%. Nikola Corp. fell in U.S...

Ex-UK attorney general condemns bid to rewrite Brexit deal

MPs initially backed the Internal Market Bill in last night's vote by 340 votes to 263. Sajid Javid, Conservative MP and the previous Chancellor of the Exch...

United States violated trade rules with tariffs against China: WTO

The US on Tuesday slammed the decision - and the WTO itself - as " completely inadequate " in holding China " accountable " for its alleged trade transgressions...

Suga to reshuffle LDP leadership, retain Nikai as secretary general

Now the chief cabinet secretary, Suga took 377 of a total of 534 votes against the two other contenders, former Defence Minister Shigeru Ishiba and former Forei...

UK's Johnson attacks European Union after winning vote to breach Brexit agreement

The government has described it as a "vital legal safety net". But it has attracted a swathe of criticism (we'll explain why later). UK Prime Minister Bori...

Coronavirus: AstraZeneca and Oxford resume COVID-19 vaccine trial

It also said , " AstraZeneca and the University of Oxford, as the trial sponsor, can not disclose further medical information". Fox News medical contributor...

United Kingdom loses 700000 jobs to pandemic as pressure mounts for aid

Most economists think the unemployment rate could more or less double by the end of the year to around 8%. "However, the decline in employees on payrolls and ...

Gold Prices Near Rs. 52000/10 gm; Fed Policy Statement To Give Direction

Spot gold was flat at $1,956.17 per ounce after gaining 1% on Monday. In the global market, spot gold (Comex) rose to as high as $1,968.80 per ounce on Tuesda...

ADB says India’s economy to contract by 9 per cent in FY21

However, the good news is that it has upped the growth forecast for 2021-22 to 8 per cent from 6.2 per cent predicted earlier as mobility and business activitie...

Hyundai Tucson debuts with striking styling inside and out

Based on the markets, the 2021 Hyundai Tucson will be retailed in long wheelbase and short wheelbase versions. It should also result in a 2022 Hyundai Tucson...

GMC reveals Crab Mode for Hummer EV, debut set for October 20

Didn't you hear? General Motors is bringing back the Hummer nameplate as the GMC Hummer - a 1,000-horsepower, all-electric "super truck". "The supertruck'...

Amazon: our expansion comes with an unwavering commitment to safety

The latest openings pay at least $15 an hour, with Amazon paying signing bonuses of up to $1,000 in some cities, according to the company. The full- and par...

J&J unit to start mid-stage COVID-19 vaccine trials in Spain

On the availability of the vaccine and its authorization, Vardhan informed that Centre is considering emergency authorization of COVID-19 vaccination especial...

Futures lifted by M&A activity, vaccine hopes

AstraZeneca was up 1% following news over the weekend that clinical trials for the pharmaceutical company's coronavirus vaccine will resume after being paused d...

Gilead Sciences Buying Immunomedics In $21 Billion Deal

Immunomedics' drug Trodelvy was granted accelerated approval by the U.S. Food and Drug Administration in April for the treatment of adult patients with metast...

Oxford vaccine trial back on after pause for inquiry over side effects

This is one of the nine vaccines in advanced stage of phase III human trials. The researchers flagged concerns over seemingly identical levels of antibodies i...

Oxford University says coronavirus vaccine trials will resume

Late last month, AstraZeneca began recruiting 30,000 people in the USA for its largest study of the vaccine. Public-health experts say front-line medical wo...

Harshmallow: Virus prompts pause for Peeps holiday treats

Just Born Quality Confections said it won't be producing the popular marshmallow candies for Halloween , Christmas or Valentine's Day as the Bethlehem, Pennsyl...

AstraZeneca resumes Phase III trials for coronavirus vaccine in UK

Serum Institute's vaccine is in phase 2 (B) and phase 3 trials and Bharat Biotech and Zydus Cadila's vaccines have completed phase 1 trial, says Prof. The next ...