Business

Britain's banks need at least six months to prepare for any cut in interest rates below zero, the Bank of England said as it kept its stimulus programmes on hold ahead of what it hopes will be an economic recovery later this year.

A blankcheck firm, backed by Virgin Group founder Sir Richard Branson, is taking consumer DNAtesting firm 23andMe public in a deal that values the merged entity at $3.5 billion, both companies said on Thursday.

Hershey Co forecast 2021 profit and sales above Wall Street expectations on Thursday, after posting betterthanexpected fourthquarter results, driven by recent price increases and strong demand for its products, including Twizzlers, S'mores and Candy Dish.

Royal Dutch Shell's profit dropped to its lowest in at least two decades last year as the coronavirus pandemic hit energy consumption worldwide though the company said it expected to raise its dividend again in a sign of confidence.

After touching a record intraday high of 50,526.39, the 30share index ended at 50,255.75, up 458.03 points or 0.92 per cent.

Justice J R Midha on Tuesday said the court was satisfied that an immediate interim order was required to be passed to protect the rights of Amazon. "Respondents (FRL) and other respondents are directed to maintain status quo as on today at 4:49 PM till p...

WallStreetBets exploded into the mainstream, moving from the front page of Reddit to the front page of the New York Times and nearly every other major news site.

Britain will introduce rules for buynow paylater (BNPL) credit after the unregulated market spiked as consumers struggled during coronavirus pandemic lockdowns, the UK's finance ministry said on Tuesday.

Amazon is paying nearly $62 million to settle charges that it took tips from its delivery drivers.

Tesla Inc has agreed to recall 134,951 Model S and Model X vehicles with touchscreen displays that could fail and raise the risk of a crash after U.S. auto safety regulators sought the recall last month, according to a recall posted on a government websit...

Global stock markets gained for a second day on Tuesday, spurred by increased optimism about economic stimulus and global recovery, while retail investors retreated from GameStop and their newfound interest in silver.

Ford Motor Co. said it plans to expand its manufacturing presence in South Africa, spending roughly $1 billion and adding 1,200 jobs over the coming years.

Royal Dutch Shell is betting on its expertise in power trading and rapid growth in hydrogen and biofuels markets as it shifts away from oil, rather than joining rivals in a scramble for renewable power assets, company sources said.

The Production Linked Incentive Scheme will be a major step ahead in making India a hub for manufacturing and exports.

Sitharaman on Monday used her trademark 'Bahi-Khata', a ledger wrapped in a red-coloured cloth, to carry Budget documents as she arrived in Parliament House to present her third straight Budget.

Chinas manufacturing growth weakened in January, according to two surveys, suggesting its rebound from the coronavirus pandemic is leveling off.