Business

Daimler is starting the year with optimism after a strong finish to 2020, Chief Executive Ola Kaellenius said on Thursday, adding that sales in the fourth quarter had continued the strong trend seen in the preceding three months.

The United States' trade deficit surged to its highest level in more than 14 years in November as businesses boosted imports to replenish inventories, offsetting a rise in exports.

Gold prices rose on Thursday as a Democrat sweep of Georgia's Senate runoffs boosted expectations of additional U.S. stimulus, although soaring Treasury yields held back bullion below a twomonth high scaled in the previous session.

Gold prices edged lower on Thursday as firmer Treasury yields eclipsed support from a Democrat sweep in Georgia Senate runoffs that boosted hopes for more stimulus.

Asian stocks perked up on Thursday as investors remained confident that violence in Washington would not disrupt a legitimate transition to a new presidency or derail political support for a U.S. economic recovery.

TCS said over 5.33 crore equity shares were bought back under the offer at a price of Rs 3,000 apiece and out of the total, Tata Sons' 3,33,25,118 shares were accepted under the buyback offer.

The Income Tax department has also released a calendar for taxpayers to refer to in order to comply with the tax laws and not miss a deadline. Here is a list of month-wise important dates as per the Income Tax Calendar 2021.

Saudi Arabia will make additional, voluntary oil output cuts of one million barrels per day (bpd) in February and March as part of a deal under which most OPEC+ producers will hold production steady in the face of new coronavirus lockdowns.

U.S. factory activity accelerated to its highest level in nearly 21/2 years in December as the coronavirus pandemic continues to pull demand away from services towards goods, though spiraling new infections are causing bottlenecks in supply chains.

Malaysia's palm oil inventories likely tumbled in December to their lowest in more than 13 years, as production of the edible oil fell for a third consecutive month while exports jumped, a Reuters survey showed.

Benchmark U.S. crude oil for February delivery fell 90 cents to $47.62 a barrel Monday. Brent crude oil for March delivery fell 71 cents to $51.09 a barrel.

Tesla Inc shares were set to open at a record high on Monday after the electriccar maker reported betterthanexpected vehicle deliveries in 2020, extending a meteoric rally that has seen the stock surge more than 700%.

Asian factory activity expanded moderately in December thanks to robust demand in regional giant China, business surveys showed on Monday, the latest sign that manufacturers are emerging from the initial damage of the COVID19 pandemic.

The company said Saturday that it delivered 499,500 for the year, including 180,570 SUVs and sedans for the October through December period.

China will take "necessary measures" to safeguard the interests of its companies after the New York Stock Exchange began delisting three Chinese telecom firms accused of having military ties, the country's commerce ministry said on Saturday.

The New York Stock Exchange is starting the process of delisting securities of three Chinese telecom companies, after President Donald Trump last month barred U.S. investments in Chinese firms Washington says are owned or controlled by the military.