Business

India's Nifty 50 index hit a fivemonth high on Tuesday as signs of a recovery in Chinese economic activity powered gains in metal stocks, with less worsethanfeared domestic earnings reports also helping sentiment amid a rise in coronavirus cases.

Tencent Music said on Tuesday that it was "premature" to speculate over a potential delisting, in response to a question on whether it had a plan to react to a recommendation from the Trump administration over auditing U.S.listed Chinese firms.

Benchmark U.S. crude oil for September delivery rose 72 cents to settle at $41.94 a barrel Monday. Brent crude oil for October delivery rose 59 cents to $44.99 a barrel.

The United States should implement another support package to ensure workers can stay safely at home while the novel coronavirus continues to spread, Chicago Fed President Charles Evans said in an interview with CBS News released on Sunday.

Saudi Aramco's Chief Executive Amin Nasser said on Sunday that he sees oil demand recovering in Asia as economies gradually open up after the easing of coronavirus lockdowns.

A government agency said a potential deal to have Eastman Kodak help make generic drugs is being paused until allegations of insider trading at the once mighty photography company are cleared.

As the S&P 500 approaches fresh highs, some investors hope to pick up bargains in the battered U.S. real estate sector, where values of some major stocks have been cut in half this year.

World stocks ended four days of gains on Friday after U.S. President Donald Trump cranked up antagonism with Beijing by banning U.S. transactions with two popular Chinese apps: Tencent's WeChat and ByteDance's TikTok.

Extending Britain's furlough scheme would leave some workers trapped in false hope that they could return to their jobs after the coronavirus pandemic, British finance minister Rishi Sunak said on Friday.

LIC purchased 105.98 crore shares, reflecting 4.23 per cent stake, of the bank from the open market, the filing said..

HCL Tech was the top laggard in the Sensex pack, shedding over 1 per cent, followed by HDFC twins, Infosys, Sun Pharma, ICICI Bank and Kotak Bank.

Benchmark U.S. crude oil for September delivery fell 24 cents to settle at $41.95 a barrel Thursday. Brent crude oil for October delivery fell 8 cents to $45.09 a barrel.

Global equity markets slipped and bond yields fell on Thursday as investors awaited an agreement on a U.S. aid package to mitigate the fallout from the coronavirus crisis, with poor corporate earnings reports also weighing on European shares.

The revenue from operations came in at Rs 10,659.3 crore for the first quarter of FY2021, against Rs 11,269.9 crore in the same period of the previous year, according to a regulatory filing.

The central bank said that based on experience gained, detailed guidelines for the rollout of the scheme will be announced in due course.

Japan's three biggest banks and two smaller banks are starting talks on building a common settlement infrastructure for small payments, with the aim of cutting interbank fees, they announced on Thursday.