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India antitrust body raids cement giants UltraTech, LafargeHolcim: Report

India's antitrust body conducted raids at offices of UltraTech Cement and two subsidiaries of the world's largest cement maker LafargeHolcim, two sources said

Antitrust lawsuits could force Facebook to sell Instagram and WhatsApp

FB could be forced to sell WhatsApp and Instagram after US FTC and nearly all states filed suits against it, saying it used "buy or bury" strategy to snap up rivals and push away smaller competitors

DoorDash set for blockbuster trading after IPO raises $3.37 billion

If gains hold, DoorDash's market capitalization would be around $63.5 billion at the top end of the indicated range

S&P 500, Dow hit all-time highs on stimulus, coronavirus vaccine hopes

On Wednesday, the S&P financials sector gained 0.3%, while industrial stocks added 0.2%

How oil majors shift billions in profits to island tax havens

If the oil-and-gas major had booked the profits through its headquarters in the Netherlands, it could have faced a tax bill of about $700 million based on the Dutch corporate tax rate of 25%

Oil prices near $50 as coronavirus vaccine fuels demand recovery hopes

Brent crude rose 51 cents, or 1 per cent, to $49.35 a barrel by 7:35 pm IST. West Texas Inter-mediate (WTI) crude climbed 51 cents, up 1 per cent, to $49.35

Elon Musk's Tesla emerges as a new favourite among small investors in India

Indians are placing bigger-than-ever bets on US stocks this year as the American stock market has recovered faster than markets in India and other emerging nations

UK asks those with severe allergies to skip Pfizer jab after 2 reactions

Starting with the elderly and frontline workers, Britain began mass vaccinating its population on Tuesday

IAF objects to Anil Kapoor-starrer Netflix film scenes, asks for withdrawal

The film, a mockumentary featuring Anil Kapoor playing an actor depicting an officer and director Anurag Kashyap, is scheduled to be released on Netflix later this month

Vaccine, financial relief near as coronavirus ravages US health, economy

The chief advisor to the Trump administration's Operation Warp Speed vaccine development program said the first US injection could happen on Sunday or Monday

Hiring rapidly, US fintech startup Stripe plots expansion in Asia

Analysts pointed to the difficulties Stripe may face in terms of varying regulations across Asia

Indigo to reach 80% of regular domestic capacity by end of December

International flights are restricted and being run as charter operations.

Asian nations could mandate Covid-19 shots for travellers: AirAsia chief

Aviation industry opposition to requiring mandatory COVID-19 vaccination for passengers has intensified as impending drug approvals trigger a debate over their role in air travel.

Indian stocks hit record highs on hopes of Covid-19 vaccine approvals

Indian shares touched a record high, driven by gains in heavyweight Reliance Industries, as hopes for vaccine approvals in the second worst coronavirus-hit country boosted investor sentiment

Amazon may invest $100 million in India's Apollo Pharmacy: Report

Amazon is considering a nearly $100 million investment in India's Apollo Pharmacy, facing up to Reliance Industries and Tata Group in the country's fast-growing drug market, a report said

Detergent maker Blue Moon raises $1.27 billion in Hong Kong IPO: Reports

Chinese detergent maker Blue Moon Group Holdings has become the latest in a record number of companies to raise at least $1 billion in a Hong Kong IPO in 2020 after pricing its shares at HK$13.16

EU's chief negotiator says no-deal Brexit more likely than an agreement

Talk of a chaotic British split from the European Union grew with just three weeks left to break a deadlock in trade deal negotiations

UK to suspend retaliatory tariffs on US goods to ease aircraft trade row

Britain will suspend retaliatory tariffs imposed on US goods as part of a dispute over aircraft subsidies from Jan. 1, the trade department said

Trump administration proposes new $916 billion offer for Covid-19 relief

The Trump administration proposed a $916 billion coronavirus relief package, after congressional Democrats shot down a suggestion for a pared-down plan from the Senate's Majority Leader McConnell

Top US cybersecurity firm FireEye says it was hacked, likely by a govt

FireEye, one of the largest cybersecurity firms in the US, said it was hacked, likely by a government, and that an arsenal of hacking tools used to test the defenses of its clients had been stolen