Business
Home prices climb to record in pandemic as buyers seek space
A renter most of his adult life, Clarence Swann became fearful that landlords would use the coronavirus pandemic as an excuse to gouge their tenants. So, with a desire to move near family, the retired veteran bought his first home last month at the age of...
How can Wall Street be so healthy when Main Street isn't?
The stock market is not the economy.
Crude rises 2% after draw in U.S. oil stocks spurs demand hope
Crude prices rose more than 2% on Wednesday after government data showed U.S. oil inventories fell across the board, bolstering hopes that fuel demand in the world's biggest economy will withstand the coronavirus pandemic.
U.S. oil stockpiles fall, crude output drops sharply - EIA
U.S. crude oil, gasoline and distillate inventories fell last week as crude production dropped sharply and refiners ramped up production, the Energy Information Administration said on Wednesday.
Tencent says U.S. executive order only affects WeChat, not its other businesses
Tencent's chief financial officer said on Wednesday that the firm understood that the U.S. executive order was focused on its WeChat app in the United States and not on its other businesses in the country.
Sensex and Nifty End Marginally Lower, HCL Tech Rallies Over 4%
After touching a low of 38,125.81 during the day, the BSE Sensex pared most losses to end 37.38 points or 0.10 per cent lower at 38,369.63.
Oil prices bolstered by bigger-than-expected drop in U.S. crude stocks
Oil prices moved higher on Wednesday after an industry report showed that U.S. inventories of crude fell more than analysts had expected, bolstering hopes that fuel demand in the world's biggest economy can weather the coronavirus pandemic.
Tesla sets 5-1 stock split and its high-flying stock soars again
Tesla Inc on Tuesday announced a fiveforone stock split, sending the electric carmaker's recently highflying shares up 7% in extended trade.
India's weak fuel demand drags on as virus crisis worsens
India's fuel demand dragged lower in July, posting its fifth consecutive yearonyear decline, government data showed on Tuesday as a spike in coronavirus cases and floods in many parts of the country restricted economic activity.
S&P 500 inches closer to record high; Nasdaq down
The S&P 500 was higher on Tuesday afternoon and within striking distance of its closing record from February, before the onset of the coronavirus crisis that caused one of Wall Street's most dramatic crashes in history.
More cash, less buzz for 2020 investment bank interns
Buzzing trading floors, classrooms and networking drinks have been replaced by online projects, 'hackathons' and fitness sessions for the class of 2020 investment banking interns.
Air safety watchdog suspends two senior AirAsia India executives
India's air safety regulator has suspended two senior executives at AirAsia India for three months, the watchdog's chief confirmed on Tuesday, weeks after a former pilot at the airline flagged certain safety and personnel issues.
Infosys Founder Flags Fears of GDP Growth Hitting Lowest Since 1947, Pitches for Operating Economy at Full Steam
He also pitched for developing a new system that should allow every player in every sector of the country's economy to operate at full steam with suitable precautions.
UK's Domino's Pizza profit slips as virus dents orders, adds costs
Domino's Pizza Group Plc posted a 2.7% dip in firsthalf operating earnings on Tuesday, hurt by a fall in overall orders and the additional costs of cooking and delivering its pizzas safely in the coronavirus outbreak.
SoftBank drops operating profit measure as Son plays cash defence
SoftBank Group Corp broke with tradition on Tuesday and did not disclose operating profit in its quarterly results, saying the measure was "not useful" to gauge performance, and instead pointed to a $2.8 billion gain at its Vision Fund.
Asian equities lure foreign money for second straight month in July
Foreign investors were net buyers of Asian shares for a second straight month, helped by a recovery in regional economic activity and a surge in demand for technology shares.