Business

Over the past four years the U.S. Federal Reserve has navigated a global trade war, absorbed verbal blows from a volatile president, and confronted a onceinacentury pandemic.

Faced with what may be a protracted vote count to determine the next U.S. president, Wall Street investors said they will be closely monitoring election results in certain counties to get an early indication of where the vote is headed.

Pandey said the generation of e-way bills, needed for transportation of goods, is back to pre-Covid levels and online payments have risen exponentially.

Stocks across the globe resumed their slide on Friday and oil headed for a doubledigit weekly fall on continued concern over the economic impact of rising global coronavirus infections and ahead of Tuesday's U.S. presidential election.

Stocks that moved heavily or traded substantially Friday:

Jio's revenue from operations increased by 33 per cent to Rs 17,481 crore during the just-ended quarter, compared to Rs 13,130 crore in the same period of 2019-20, according to a regulatory filing.

U.S. stocks fell on Friday, dragged down by a slide in shares of tech heavyweights following their quarterly results, with a record rise in coronavirus cases and nerves over the presidential election adding to a downbeat mood.

Faced with a veto from the United States, the World Trade Organization has two unpalatable options for selecting its next leader override its biggest paymaster with a vote or hope for a change of U.S. president and wait until he takes charge.

Crude oil fell again on Thursday as lockdowns in Europe and rising cases elsewhere clouded the demand outlook, while stocks rose as Wall Street rallied.

Google parent Alphabet Inc on Thursday powered back to sales growth in the third quarter, beating analysts' estimates as businesses initially hobbled by the coronavirus pandemic resumed advertising with the internet's biggest supplier of ads.

Two former eBay Inc employees pleaded guilty on Thursday to participating in a cyber stalking campaign against a Massachusetts couple whose online newsletter was viewed by top executives as critical of the ecommerce company.

Exxon Mobil is slashing 1,900 jobs from its U.S. workforce as the pandemic continues to sap demand for fuel.

European stocks and commodity markets fell again on Thursday, after a return to national lockdowns in some of the region's biggest economies triggered the worst global selloff in months.

Telecom equipment maker Nokia cut its fullyear profit and margin forecasts on Thursday, sending its shares tumbling 13% as the Finnish company's new chief executive overhauled its strategy to win the 5G race.

Volkswagen AG returned to profit in the third quarter as surging Chinese demand for luxury cars helped offset a 1.1% drop in vehicle deliveries due to the ongoing global COVID19 crisis.

Austrian oil and gas group OMV on Thursday said its thirdquarter operating profit fell by two thirds as weak oil prices hit its exploration and production business, but a strong performance from its refineries meant it beat expectations.