Business

Business jet operators planning new aircraft purchases are largely undeterred by the battering delivered by the COVID19 pandemic to the aviation sector, according to a Honeywell Aerospace outlook on corporate planes published on Tuesday.

German automaker Daimler will cut fixed costs, capex and R&D spending at MercedesBenz by more than 20% by 2025 as part of a strategy overhaul to take the brand further upmarket.

The U.S. trade deficit rose in August to the highest level in 14 years.

Politics should not trump economics, particularly in the present scenario, where the states and the Centre are equally hard up, with normal revenue channels drying up for both.

In a year that has thrown a pandemic, natural disasters and economic calamity at us while we lurch closer to a presidential election, stability can feel elusive. No matter how well laid your plans, some new crisis might be lurking around the corner, waiti...

World stock markets neared a more than twoweek high on Tuesday after U.S. President Donald Trump's return to the White House from hospital where he was treated for COVID19, and expectations of a new U.S. stimulus package being agreed rose.

Some of the world's biggest banks in commodity trade financing are creating a digital trade finance registry in Singapore to try and mitigate the risk of trade fraud and boost transparency after losing billions of dollars due to a spate of defaults.

The International Monetary Fund on Monday said member governments should seize a low interest rate opportunity to invest in infrastructure to drive recovery from the coronavirus pandemic and a shift toward greener energy.

The U.S. services sector, where most Americans work, grew for a fourth straight month in September as the country continued to reopen following a spring shutdown.

Add lastminute holiday shopping to the list of timehonored traditions being upended by the coronavirus pandemic. Retailers are kicking off the holiday season earlier than ever this year in hopes of avoiding big instore crowds and shipping bottlenecks in N...

The GST Council will also take up a proposal to extend the GST compensation cess by two years to 2024 and set up a committee to look at the changes needed.

TCS is the first IT company to go for a buyback of its shares in this fiscal. In March 2020, the company had cash reserves of Rs 73,993 crore.

The listing was in accordance with the expectations of the market experts. Some analysts had voiced concern over the valuations, muted revenue and negative cash flows in the first quarter of the financial year

As Britain's negotiations with the European Union on a postBrexit trade deal go down to the wire, Prime Minister Boris Johnson says his country could trade with the bloc on similar terms to Australia, if no agreement is reached.

In case the central government does not take back its decision, the boycott would be extended for an indefinite period, they warned.

Honda Motor Co said on Saturday it has confirmed a 17th U.S. death tied to a faulty Takata air bag inflator.