Business

France ruled out a possible $20 billion takeover of Carrefour by Alimentation CoucheTard on food security grounds on Friday, prompting the Canadian firm and its allies to mounted a lastditch attempt to salvage a deal.

The U.S Securities and Exchange Commission has launched an investigation of Exxon Mobil Corp following a whistleblower complaint that the oil major overvalued a key asset in the top U.S. shale field, the Wall street Journal reported on Friday.

Global shares stumbled on Friday as hopes of a fiscal boost provided by a $1.9 trillion U.S. stimulus plan were smothered by the prospect of stricter lockdowns in France and Germany and a resurgence of COVID19 cases in China.

Oil prices fell on Friday as concerns about Chinese cities in lockdown due to coronavirus outbreaks tempered a rally driven by strong import data from the world's biggest crude importer and U.S. plans for a large stimulus package.

The $854 billion Indian retail sector was one of the worst impacted due to the pandemic.

Petco, the pet store chain, went public again Thursday, hoping to cash in on people's obsessions with their furry pets.

As vaccinations continue across the U.S., some companies are offering financial incentives to encourage their workers to get the shots.

Samsungs next crop of smartphones will boast bigger screens, better cameras, and longerlasting batteries at lower prices than last year's lineup that came out just before the pandemic toppled the economy.

The Trump administration on Thursday will offer the oil and gas industry a final chance to secure federal acreage before the inauguration of Presidentelect Joe Biden, who has pledged to ban new drilling on public lands.

The shares were trading at 1,015.00, up by 93.40 points or 10.13 per cent at 2:25 pm at the National Stock exchange (NSE).

Top palm oil producers said on Thursday that the industry is making strides towards transparency and sustainability across its supply chain despite campaigns against use of the oil.

Oil prices eased for a second day on Thursday as mounting coronavirus cases globally raised demand concerns, although a drawdown in U.S. crude stocks for a fifth straight week and robust data from China capped losses.

Tesla Inc. is balking at recalling about 159,000 vehicles with potentially defective touch screens, so U.S. safety regulators are moving to force the company to take action.

Saudi Crown Prince Mohammed bin Salman said the kingdom offers investment opportunities worth $6 trillion over the next decade, with new projects representing half of this value, state news agency reported citing his speech at the World Economic Forum on...

Oil prices were little changed on Wednesday, supported by a biggerthanexpected drop in U.S. crude inventories but under pressure as rising global COVID19 cases threatened global fuel demand.

Wall Street's main indexes slipped on Wednesday as investors digested a recent run to record highs on hopes of new fiscal package and vaccine rollouts for the coronavirusravaged economy, while Intel shares jumped on executive change.