Business
McDonald's sues former CEO Easterbrook over alleged relationships with employees
McDonald's Corp has filed a lawsuit against former chief executive officer Stephen Easterbrook to recover his exit package after an internal investigation showed that he had sexual relationships with multiple employees, violating company policy, the fast...
U.S. farmers leave fields fallow as COVID-19 wrecks crop prospects
The 1,250 acres of irrigated fields are the most valuable on Troy Schneider's farm in eastern Colorado, as corn yields in his county typically come in more than three times higher on those fields than dryland ones.
Sensex Rises 142 Points; L&T Spurts over 4 Percent
After rallying 390.12 points during the day, the 30-share BSE benchmark pared some gains to end 141.51 points or 0.37 per cent higher at 38,182.08. The NSE Nifty climbed 56.10 points or 0.50 per cent to close at 11,270.15.
UK shopper numbers rise after launch of 'Eat Out to Help Out' scheme
Shopper numbers across all British retail destinations rose 3.8% in the week to August 8 versus the week before, with the start of the government's "Eat Out to Help Out" scheme helping evening trade more than lunchtimes, researcher Springboard said on Mon...
Rupee Opens Flat against US Dollar Tracking Weakness in Asian Peers
At the interbank forex market, the rupee opened weak at 74.96, down 3 paise over its previous close of 74.93.
CAIT Launches 'China Quit India' Campaign to Boycott Chinese Goods
Expressing concerns over Chinese investment in various Indian companies, start-ups and digital apps, CAIT said there is a need to take necessary action in this regard.
Six of Top-10 Most Valued Companies Add Rs 74,240 Crore in Market Cap, RIL Leads Pack
Six firms, namely Reliance Industries Ltd (RIL), Tata Consultancy Services (TCS), HDFC Bank, Bharti Airtel, ITC and ICICI Bank logged gains in their market valuation for the trading week closed on Friday.
Zillow, Stamps.com rise; Uber, Illumina fall
Stocks that moved heavily or traded substantially on Friday:
Dollar gains, stocks ebb after labor report
The dollar bounced off twoyear lows and a gauge of global equity markets stopped marching toward a record high on Friday, as slightly betterthanexpected data on U.S. job growth in July also snapped big rallies in gold and the euro.
Exclusive: FAA employees report industry pressure, question agency safety push -survey
Federal Aviation Administration (FAA) safety employees reported facing "strong" external pressure from industry and raised alarms the agency does not always prioritize air safety, according to an independent survey seen by Reuters on Friday.
Exclusive: PDVSA changes oil deals to include shipping as sanctions bite - documents
Venezuelan staterun oil firm PDVSA has begun offering to ship its own oil, figuring in the costs in crude supply deals to help customers who have struggled to hire vessels to carry the country's oil due to U.S. sanctions, according to company documents se...
UK says it's confident of Brexit trade deal as EU changing tone
Britain's top minister overseeing Brexit talks said on Friday he was confident a free trade deal would be clinched with the European Union as there had been a distinct change of tone from the bloc in recent weeks allowing progress to be made.
Japan says in deal to purchase AstraZeneca's COVID-19 vaccine
Japan will buy 120 million doses of AstraZeneca Plc's experimental COVID19 vaccine from early next year, its health minister said on Friday, adding that domestic pharmaceutical firms would help in supplying the drug.
Global markets: Equities snap four-day rally on U.S-China frictions; dollar firm
World stocks ended four days of gains on Friday after U.S. President Donald Trump cranked up antagonism with Beijing by banning U.S. transactions with two popular Chinese apps: Tencent's WeChat and ByteDance's TikTok.
China hopes U.S. will cooperate to create favourable conditions for trade deal, says top diplomat
China urges the United States to strengthen cooperation so as to create favourable conditions for the implementation of the phase one trade deal, said its top diplomat Yang Jiechi on Friday.
Russia's VTB says quarterly net profit down 93%, could slash dividends
Russia's secondlargest lender VTB said on Friday its secondquarter net profit fell 93% as provisions against bad loans mounted amid the coronavirus crisis, prompting management of the staterun bank to recommend slashing dividends. Â