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Wells Fargo's Charles Scharf apologises over race comments

Graffiti is seen on the exterior of a Wells Fargo bank in a historically Black neighbourhood in Portland, Oregon that has been the scene of violent clashes wi...

Nikola's Trevor Milton keeps $2B in stock after departure

Shares of electric-truck maker Nikola Corp tumbled as much as 30% after founder Trevor Milton stepped down following claims of nepotism and fraud by a Wall St...

Afternoon rally lifts stocks, but fails to avoid fourth straight weekly loss

Among the top 30 core Topix names, electric parts maker Keyence and automaker Toyota Motor Co gained the most, up 2.16% and 1.73%, respectively. "It's dip buy...

Rishi Sunak Vat extension Job support scheme hospitality restaurants pubs

Chancellor of the Exchequer Rishi Sunak has announced a new jobs "support scheme", along with more flexible repayment terms for emergency business loans and e...

China gets nod to join FTSE Russell's trillion-dollar WGBI club

The inclusion of Chinese bonds in the WGBI may pave the way for some 150 billion USA dollars of capital inflow into China's bond market, according to market e...

Earnings: Aurora Cannabis (NYSE: ACB) reports Q4 2020 results

Are you looking for fast-news, hot-tips and market analysis? For the first quarter of fiscal 2021, Aurora Cannabis predicts cannabis net revenue between C$6...

3 accused of creating 'man cave' under Grand Central station

Not only did they find a visibly used couch, but also a carefully hidden futon, refrigerator (fit with an opened 24 oz. can of beer), microwave, and a wall-moun...

Gold Price Decreases to Rs 50,630, Silver Stands at Rs 60,600

Gold has been one of the most consistent gainers through the six months of coronavirus pandemic-led turmoil in financial markets. Gold fell on Thursday to i...

United Airlines Says It Will Offer Travelers Coronavirus Tests At The Airport

For $250, the company will test Hawaii-bound passengers each day from 9 a.m.to 6 p.m., whose results are available within about 15 minutes. United customers w...

Volkswagen ID.4 breaks cover; bookings open in the USA market

Initially previewed as the ID Crozz concept three years ago, the all-new Volkswagen ID.4 is finally here after months of teasing and spy shots. We do know t...

Shopify reports 'rogue' employees stole some customer data

Earlier Wednesday, the commissioner's office said it hadn't yet received a report about the breach. The spokesperson also did not clarify when the company becam...

Australia loosens lending laws to revive coronavirus-hit economy

ANZ Bank CEO Shayne Elliott said the move "will speed up the flow of credit during these hard economic times while still providing the necessary protections for...

Tesla files lawsuit against Trump administration over tariffs

At the time, the company argued that the increased cost imposed by the tariffs would cause economic harm through the increase of costs and impact to profitabili...

Harley-Davidson Discontinues India Operations, Expects Fresh Restructuring Costs

Harley's decision comes weeks after Toyota said it wouldn't expand further in India due to the country's high tax regime. In a press statement, reported by ...

Oil steadies as frail demand outlook tempers US stock drawdown

At 10:51 GMT , December WTI crude oil futures are trading $40.33, up $0.11 or +0.27% and December Brent crude oil is at $42.31, up $0.05 or +0.12%. A stron...

'US economy rebounding from COVID-induced recession': Powell, Mnuchin back more aid

While a recovery is underway, "both employment and overall economic activity, however, remain well below their pre-pandemic levels, and the path ahead continues...

Gove: People must now work from home if they can

But Cabinet Office minister Michael Gove said: "There is evidence that the longer venues stay open, the greater degree of social mixing that takes place". Kate ...

Sensex, Nifty Likely To Have A Subdued Opening

NSE chief executive and managing director Vikram Limaye said the Connect "will broaden the global and domestic participant base and further strengthen the capit...

Australia's Westpac to pay record fine for money-laundering

The fine exceeded the provision of $900 million Westpac budgeted earlier this year to cover the expected penalty. The regulator, AUSTRAC, said it had agreed w...

National Australia Bank sees 'significant risk' of monetary easing next month

Yields on the 10-year paper were down to 0.86% from 0.9%. Evans, who has a reputation for accurately predicting RBA policy shifts, joins other strategists who...

Sunak to announce replacement for furlough scheme as he cancels budget

Bank of England governor Andrew Bailey said on Tuesday it was time to "stop and rethink" the furlough scheme in favour of a targeted approach. The new plans c...

California to stop sales of gas-powered cars by 2035

With the initiative, California is joining fifteen countries that have already committed to phasing out gas-powered cars, according to a statement. He concl...

Sonata N Line Shows Hot Sedan Look, Hides Most Important Details

The Sonata N Line wears its badge on its sleeve and its sides, taking cues from Hyundai's " Sensuous Sportiness " design ID for a front-end look that includes t...

Housing market 'moderately' vulnerable, CMHC says

Vulnerability, or imbalances in the housing market, were deemed low in Ottawa , Winnipeg and the Maritimes. Citing "tremendous risks" from the COVID-19 pande...

Markit Manufacturing PMI edges higher to 53.5 in September vs. 53.2 expected

The IHS/Markit CIPS flash composite purchasing managers' index - which measures activity in the services and manufacturing sectors - fell to 55.7 this month f...

Unifor, Ford Motor reach tentative deal to invest in Oakville, Windsor facilities

The three-year deal includes investing $1.95 billion (US$1.46 billion) in two Ontario facilities, Jerry Dias, president of Unifor, said at a press conference in...

Reliance Retail sells 1.28% equity stake for ₹5,550 crore to KKR

USA private equity firm KKR & Co Inc will invest 55.50 billion rupees ($755.09 million) in Reliance Industries Ltd's retail arm, giving the unit a pre-money val...

Hong Kong suspends Air India flights till October 3

Also, passengers are required to ensure online submission of their health and quarantine declaration as well before landing at Hong Kong", the spokesperson said...

Everything You Need To Know About QLD And SA’s New Border Rules

Additionally, a number of NSW communities further down the coast will be exempted, including "the Byron Shire, Ballina, the city of Lismore, Richmond Valley, wh...

Tesla Driver Apparently Asleep Doing 90 Miles Per Hour, Canadian Police Say

The Royal Canadian Mounted Police (RCMP) have charged a twenty-year-old man with risky driving after he was arrested for allegedly being asleep while his 2019 T...