Business

Gold was headed for a second weekly decline on Friday on growing optimism about COVID19 vaccines, with the U.S. Treasury's call to end emergency loan programmes also limiting bullion's safehaven appeal.

Oil prices firmed on Friday, and were on track for a third consecutive weekly rise, buoyed by successful COVID19 vaccine trials, while renewed lockdowns in several countries to limit the spread of the virus capped gains.

Gland Pharma is expected to list at 10 percent or above premium to issue price, said an expert. Backed by Chinese company Fosun Pharma, the firm registered a profit growth at a 55.2 percent CAGR and revenue at 27.4 percent CAGR, while EBITDA grew at a 33....

Stocks and oil rallied on Thursday after reports that U.S. congressional leaders may be willing to restart negotiations on stimulus for beleaguered businesses.

BuzzFeed is buying HuffPost from Verizon as part of a bigger deal that has the wireless giant investing in the digital-media company.

The EU's efforts to rein in the power of big tech companies such as Google and Facebook through antitrust investigations have taken too long, dulling their effectiveness, a report said Thursday.

Gold fell to a oneweek low on Thursday as the dollar regained momentum, while overall optimism that advancements in vaccine development would speed an economic recovery also eroded bullion's safe haven appeal.

Wirecard's former boss Markus Braun is due to appear before a German parliamentary committee on Thursday, temporarily leaving jail to testify over the collapse of what was once hailed as Germany's leading financial technology firm.

Two months before President Donald Trump is due to leave office, the Republican leader of a U.S. Senate committee issued a report on Wednesday urging Washington to work closely with allies in Europe to counter the threat posed by China.

The European Central Bank said on Wednesday it would start dissecting euro zone banks' exposure to climate change in 2022 and set its capital requirements accordingly.

Target Corp blew past Wall Street expectations for quarterly profit and sales on Wednesday as more Americans used the bigbox retailer's quick delivery services to buy everything from electronics to home goods during the COVID19 pandemic.

Lowe's sales surged in the third quarter more people took on projects at home during the epidemic.

Target is the latest big U.S. retailer to show that it's prospering during the pandemic.

Oil companies have asked security services to tighten surveillance as violent antipolice brutality protests and the expected sacking of hundreds of workers worsen desperation in the region, industry sources told Reuters.

Jim Kirsh initially thought his familyowned foundry in southeastern Wisconsin might stay busy during the pandemic.

Zambia could have paid a $42.5 million coupon on its sovereign dollar bond last Friday, but chose not to do so due to the need to treat all creditors equally, the copper producer's central bank governor said on Wednesday.