Business
Twilio, Nu Skin Rise; Exxon, SMART Global Fall
Stocks that moved heavily or traded substantially Friday:
Huge ICE Sugar Delivery Sparks Worry Over China Demand, India Crop Delays
The staggering size of the most recent raw sugar delivery by market players holding futures contracts in New York, a record 2.62 million tonnes, has traders concerned that demand is fading in important markets like China.
U.S. Stock Futures Extend Losses After Trump Says Going Into Quarantine
U.S. stock futures dipped on Friday after President Donald Trump said he and his wife will quarantine after a close aide tested positive for the coronavirus.
Gadgets For Groceries: Coronavirus Sparks Philippines Online Barter Trade
In the middle of a coronavirus lockdown in the Philippine capital, Grace Lagaday was struggling to breastfeed her newborn without milk storage bottles and nursing pads.
ITI Signs Rs 7,796 Crore Contract with Defence to Build Army's Communication Network
The project is an Internet Protocol- Multi Protocol Label Switching (IP-MPLS) based communication network with microwave radio, satellite and optical fiber network as media.
August Construction Spending Up 1.4%, Led By Home Building
U.S. construction spending increased 1.4% in August, led by a surge in singlefamily homes.
White House Stimulus Proposal Goes Over $1.5 Trillion With $20 Billion For Airlines
The Trump administration has proposed including a $20 billion extension in aid for the battered airline industry in a new stimulus proposal to House Democrats worth over $1.5 trillion, White House chief of staff Mark Meadows said on Wednesday.
U.S. Stocks Post Sharp Quarterly Gains, But Caution Continues To Dog Outlook
U.S. stocks closed out a second consecutive quarter with sharp gains on Wednesday, but risks remain for stocks because the looming U.S. presidential election and mounting coronavirus cases could make investors cautious.
How Major US Stock Indexes Fared Wednesday
U.S. stocks rallied Wednesday, but only after zooming up, down and back up again in a fitting end to a wild month and quarter for Wall Street.
At Rs 40,072 Crore, Govt's External Financing Jumps 5-times Till August: Report
According to data released by the Controller General of Accounts earlier on Wednesday, fiscal deficit during April-August stood at 109.3 per cent of the annual target.
US Says It Will Block Palm Oil From Large Malaysian Producer
An official from U.S. Customs and Border Protection said Wednesday the agency will detain shipments of palm oil and its products from FGV Holdings Berhad in Malaysia after a wide range of labor abuse indicators were found, including physical and sexual vi...
Reliance Retail-General Atlantic Deal: All You Need to Know About the $498.31 Million Investment
The deal underscores growing investor interest in the Mukesh Ambani-led company's expansion plans as it diversifies from its mainstay oil-and-gas business.
Ford Recalls Over 700K Vehicles; Backup Cameras Can Go Dark
Ford is recalling more than 700,000 vehicles in North America because the backup cameras can show distorted images or suddenly go dark.
S&P CoreLogic Case-Shiller: US Home Prices Rise 3.9% In July
U.S. home prices rose at a faster pace in July as the housing market continued to show strength in the midst of the coronavirus outbreak.
Gold Edges Up Ahead Of Key U.S Presidential Debate
Gold inched up to touch its highest in almost a week on Tuesday, supported by a pullback in the dollar, as investors waited for the first U.S. presidential debate and further developments on a new U.S. coronavirus relief bill.
India Opens Dumping Probe into Malaysia, Vietnam, Thai Copper Tube & Pipe Imports
Thailand’s commerce ministry said it would wait to what action India might take but expected little impact as Thai exports of such products were small.