Business

Shares in RollsRoyce sunk to their lowest level since 2004 after the British aeroengine company confirmed it was considering a rights issue of up to 2.5 billion pounds ($3.23 billion), following months of speculation about its finances.

Shares in HSBC and Standard Chartered fell on Monday to their lowest since 1998 after media reports that they and other banks, including Barclays and Deutsche Bank, moved large sums of allegedly illicit funds over nearly two decades despite red flags abo...

Barclays Commodities Research on Monday raised its oil price forecasts for 2020, citing limited potential downside to its demand outlook.

Gold prices edged higher on Monday, helped by a weaker dollar while investors looked forward to speeches by Federal Reserve policymakers due this week for further clues on the U.S. central bank's approach to inflation.

Speaking on the bill, Finance and Corporate Affairs Minister Nirmala Sitharaman said decriminalisation of various provisions under the companies law will also help small companies by reducing litigation burden on them.

RollsRoyce Holdings Plc is looking to raise around 2.5 billion pounds ($3.2 billion) from investors and is in talks with sovereign wealth funds, including Singapore's GIC, the Financial Times reported https://www.ft.com/content/6f53a18dacd84a71890260b1bb5...

Three blankcheck companies, backed by venture investor Chamath Palihapitiya, are looking to raise a total of $2 billion through initial public offerings, regulatory filings showed on Friday.

A federal judge narrowed Tesla Inc's lawsuit against a former employee it accused of hacking into its computers and leaking proprietary data to a reporter. The judge also dismissed a defamation counterclaim by the former employee.

U.S. consumer sentiment increased in early September, with Democrats growing more upbeat about the economy's outlook ahead of the Nov. 3 presidential election while Republicans' optimism waned slightly.

The European Union's lending arm, the European Investment Bank, is to stop funding new projects in Belarus as part of the bloc's response to the disputed reelection of President Alexander Lukashenko, a source close to the bank said on Friday.

The Nasdaq inched higher on Friday as a twoday selloff in technologyrelated stocks halted, but sentiment remained fragile over worries about rising coronavirus cases and a patchy economic recovery.

Stocks struggled on Friday on investors' concerns about a resurgence in coronavirus cases and lingering disappointment that central banks merely affirmed their monetary support this week without promising new stimulus.

Whenever an SBI account-holder has to withdraw Rs 10,000 and above, will have to ensure that they are carrying their mobile phone. This additional factor of authentication has been introduced in order to reduce the chances of theft and fraud.

Gold prices rose on Friday as gloomy U.S. jobs data cast a shadow over the economic outlook, and major central banks pledged to roll out further stimulus if required to revive their coronavirusbattered economies.

Asian stocks inched up on Friday, despite Wall Street declines, but struggled to make deeper gains as worries about a faltering economic recovery kept investors to the sidelines or seeking safer harbour in assets such as the Japanese yen.

In a week when leading forecasters boosted their view of the U.S. economic recovery, data on retail store traffic, small business hiring and other highfrequency indicators largely worsened, signaling a potential decoupling in which growth presses ahead wh...