Business

Bankia said on Wednesday its thirdquarter net profit fell 79% from the same period a year ago as the Spanish bank warned of a "complicated fourth quarter" due to the uncertain effects of the coronavirus outbreak.

At the interbank forex market, the rupee was trading in a narrow range. It opened at 73.70 against the American currency, gained some ground and touched 73.65, up 6 paise from its previous close.

Global shares slipped on Wednesday as coronavirus infections grew at an alarming pace in the United States and Europe, while uncertainty over next week's U.S. elections added to a "risk off" tone.

Consumer confidence dropped sharply in October in three U.S. states considered crucial for Republican President Donald Trump's reelection as fears about the economy's outlook mounted, according to a survey on Tuesday.

U.S. industrial conglomerate 3M Co topped Wall Street estimates for thirdquarter profit and revenue on Tuesday, as the maker of N95 masks benefited from robust demand for its healthcare products during the COVID19 pandemic.

Eli Lilly and Co. is reporting thirdquarter net income of $1.21 billion.

Side gig. Side job. Side hustle. It goes by many names and serves many purposes. For some, its a way to keep the lights on. For others, its an opportunity to save for a goal or follow a passion.

SAP on Sunday cut its guidance for the year and abandoned its forecast that profitability would expand steadily over the medium term, saying coronavirus lockdowns would hit demand well into 2021.

Canadian oil and gas producer Cenovus Energy Inc will buy peer Husky Energy Inc in an allstock transaction valued at $23.6 billion, inclusive of debt, the companies said in a joint statement on Sunday.

The bushy beard, the pine tar stain on the back of his No. 10 Los Angeles Dodgers jersey and all of those postseason hits.

Stocks that moved heavily or traded substantially Friday:

A ransomware attack that hobbled a Georgia county government in early October reportedly disabled a database used to verify voter signatures in the authentication of absentee ballots.

China on Sunday detailed steps to grant more autonomy to Shenzhen, letting the southern financial and technology hub pilot reforms in market development and economic integration.

The company that took over Japans Takata Corp. following a scandal over faulty airbags is looking into whether the company failed to provide accurate test data on seatbelts supplied to automakers.

American Airlines Group plans to return Boeing 737 Max jets to service for passenger flights by the end of this year depending on certifictaion of the aircraft from the Federal Aviation Administration (FAA), it said on Sunday.

This measure, according to the RBI, is expected to give a fillip to bank lending to the real estate sector which is critical for economic recovery, given its role in employment generation and the inter linkages with other industries.