Business

The statement came a day after the parliamentary standing committee on Information Technology, led by Congress MP Shashi Tharoor, summoned Facebook on September 2 to discuss the issue of alleged misuse of its social media platforms.

Net debt, excluding public banks, rose to 2.004 trillion pounds ($2.66 trillion), up by nearly 230 billion pounds from July 2019 and equivalent to 100.5% of Britain's economic output, its highest since 1961.

The S&P 500 and the Dow slipped further on Thursday after weekly jobless claims rose unexpectedly back above the 1 million mark last week, lending weight to the Federal Reserve's view of a difficult road to economic recovery.

Wall Street's main indexes were set to open lower on Thursday after weekly jobless claims rose unexpectedly back above the 1 million mark last week, lending weight to the Federal Reserve's view of a difficult road to economic recovery.

The panel had a preliminary meeting on August 7 with regard to the selection of successor for senior-most Deputy Governor NS Vishwanathan, who demitted office on March 31 after serving the RBI for 39 years.

Some members of the OPEC+ group of oilproducing nations would need to slash output by an extra 2.31 million barrels per day (bpd) to make up for their recent oversupply, an internal OPEC+ report seen by Reuters shows.

The 'National Strategy for Financial Education 2020-2025' (NSFE), released by the RBI, has suggested a multi-stakeholder-led approach for creating a financially aware and empowered India.

The European Commission said on Thursday it had concluded exploratory talks with CureVac regarding the purchase of 225 million doses of the German biotech firm's potential COVID19 vaccine.

Oil and gas investment in Norway, Western Europe's top producer, will rise more this year and decline less in 2021 than predicted a few months ago, an industry survey by the statistics office (SSB) showed on Thursday.

The number of online job adverts posted by employers in Britain a measure of how quickly the labour market might recover from its coronavirus slump has fallen back slightly, the country's statistics office said on Thursday.

German Finance Minister Olaf Scholz has drawn criticism from Chancellor Angela Merkel's conservatives with his proposal to suspend the constitutionally enshrined debt brake in 2021 after abandoning it this year due to the coronavirus pandemic.

Justice Bharati Dangre granted them bail as the Enforcement Directorate (ED) failed to file its charge sheet against them in the case within the stipulated 60-day period. The court directed the duo to deposit Rs one lakh each as surety and surrender their...

Mike Ashley's Frasers Group, formerly Sports Direct, brought some cheer to Britain's battered retail sector, reporting a 5% rise in 201920 core earnings and forecasting growth of up to 30% in its current year despite COVID19.

Consumer minister Ram Vilas Paswan had earlier said the new law considerably increases “transparency and choices” to empower consumers. The e-commerce rules will apply to all electronic retailers offering goods and services, whether registered in India or...

Xilinx Inc and Subaru Corp on Wednesday said the Japanese automaker will use one of the Silicon Valley company's chips to power a new driverassistance system that will let drivers go handsfree during traffic jams, among other new features.

Benchmark U.S. crude oil for September delivery rose 4 cents to $42.93 a barrel Wednesday. Brent crude oil for October delivery fell 9 cents to $45.37 a barrel.