Business

Stocks that moved heavily or traded substantially Thursday:

EU regulators cleared Google's plan to buy fitness tracking device maker Fitbit after the company promised to silo off user data and not use it for advertising.

Investors hoping the U.S. Federal Reserve would make a concerted push into longerduration bonds at Wednesday's meeting did not get what were waiting for.

Being named a currency manipulator by the U.S. Treasury may be an embarrassment for Switzerland, but the tag will likely have little effect on the Swiss National Bank's monetary policy.

Honda Motor Co said on Tuesday it was recalling 1.79 million vehicles worldwide in four separate campaigns, including some linked to reported fires.

Asian stocks were buoyant on Wednesday and the dollar eased as hopes of effective coronavirus vaccines and the growing prospect of more U.S. fiscal stimulus cheered investors ahead of the Christmas holiday season.

Australia will launch a formal appeal to the World Trade Organization (WTO) later on Wednesday seeking a review of China's decision to impose hefty tariffs on imports of Australian barley, Minister for Trade Simon Birmingham said.

Europeans are set to start getting coronavirus vaccines before the new year after the regional drug regulator accelerated its approval process following the launch of immunisation campaigns in the United States and Britain.

Google has hired a top executive from pharmaceutical company AstraZeneca to oversee its personnel policies amid ongoing tensions with many employees who are upset with the company's policies.

If 2020 was the year the Federal Reserve overhauled its game plan for supporting the U.S. economy, 2021 will be the year its new approach gets tested should a coronavirus vaccine deliver the lift that many analysts expect.

Japan's latest economic stimulus package to cushion the blow from the coronavirus pandemic is likely to boost the economy most strongly next fiscal year, while it underscored the need to achieve economic revival and fiscal reform, key ministers said.

Oil prices edged down on Tuesday as tighter lockdowns in Europe and an OPEC forecast for a slower recovery in demand next year outweighed relief from the rollout of coronavirus vaccines.

World Trade Organization negotiators have failed to reach a deal by a yearend deadline to cut subsidies that lead to overfishing, the chairman of the talks told delegates at a closeddoor meeting on Monday, citing delays linked to COVID19.

A look at some of the key business events and economic indicators upcoming this week:

The Burger King share debuted at Rs 115.35 per share and was up 92 percent from the issue price of Rs 59-60 per share.

China Molybdenum Co said on Sunday it had acquired a 95% stake in the Kisanfu coppercobalt mine in the Democratic Republic of Congo (DRC) from U.S.based FreeportMcMoRan Inc for $550 million.