Business

U.S. consumer prices rose solidly in August, with the cost of used cars and trucks increasing by the most in more than 51 years likely as Americans shunned public transportation because of fears of contracting COVID19.

U.S. consumer prices rose 0.4% in August as energy prices moderated after big gains in the previous two months.

The firm's labs are located in Britain. He said the company on Thursday received permission from the Central Licensing Authority under the Central Drugs Standard Organisation for the second phase of clinical trials.

A wave of consolidation is underway in Canada's Montney oil and gas region as small companies struggling to weather the impact of coronavirus on the energy industry sell their holdings in what just a few years ago was a booming patch.

When Jane Fraser takes the helm of Citigroup Inc in February, she will have some big tasks ahead of her.

The European Union was on Friday ramping up preparations for a tumultuous end to the fouryear Brexit saga as top officials prepared to brief its 27 members on British Prime Minister Boris Johnson's plan to break the divorce treaty.

The same Russian military intelligence outfit that hacked the Democrats in 2016 has attempted similar intrusions into the computer systems of more than 200 organizations including political parties and consultants, Microsoft said Thursday.

Apex agriculture financial institution Nabard annually disbursed Rs 90,000 crore crop loan at a concessional rate.

The market valuation of Reliance Industries jumped Rs 37,782.85 crore to Rs 14,07,886.65 crore in morning trade on the BSE.

Meanwhile, the silver prices are now down by more than ₹10,000 per kg in about a month. Apart from this platinum jumped 1.8% to $917.32 an ounce after World Platinum Investment Council forecast a deficit in supply this year.

The transformation of the power sector will only get the world one third of the way to a goal of achieving net zero emissions by midcentury, a report by the International Energy Agency (IEA) said on Thursday.

LVMH's plans to end its $16 billion acquisition of U.S. jeweler Tiffany & Co follows roughly 1,900 deals that have been cancelled, renegotiated or disputed around the world since the start of the COVID19 pandemic, according to S&P Global Market Intelligen...

Tesco, Britain's biggest retailer, said on Wednesday it would next month trial grocery home deliveries with drones as it experiments with different ways to reach more customers.

The price band for the offer, which opened for subscription on Monday, has been fixed at Rs 165 to Rs 166 per equity share.

Amazon is on a hiring spree.

Platforms used by markets to complete stock and bond trades stood up well to bouts of extreme market volatility in March when the economy entered lockdown to fight the pandemic, a Bank of England policymaker said on Wednesday.