Page 1317 - Reuters/workspace/business Standard Web/video

Intel ousts chief engineer Renduchintala after company falls behind rivals

Intel said it is reorganizing technology, systems architecture and client group and new leaders will report to CEO Bob Swan

Nissan sees $4.5 bn annual operating loss as pandemic hinders recovery

Nissan Motor Co said it expects to make an annual operating loss for a second straight year, as the coronavirus pandemic hampers its efforts to emerge from a deep slump in sales

Thierry Bollore appointed as new Jaguar Land Rover CEO, says Tata Motors

Former Renault executive Bollore, who replaces Ralf Speth at JLR's helm, will assume office effective Sept 10

After Abe's hype, Japan's Covid-19 drug Avigan sees uncertain prospects

Shares of Fujifilm hit record highs in early April, fueled by optimism for the drug, but have since lost a quarter of their value

End game for oil? OPEC prepares for an age of dwindling demand

OPEC faces a dramatic adjustment if consumption starts a permanent decline

Gold hits record peaks on profit taking, helps dollar regain value

The precious metal had stormed almost $40 higher at one point to reach $1,980 an ounce, only for a wave of selling to slap it back to $1,940 in wild trade

Reckitt Benckiser second quarter result tops estimates, raises forecast

Reckitt Benckiser Plc reported better-than-expected quarterly results as cautious customers stocked up on Lysol and Dettol disinfectants and Mucinex cough syrup during the coronavirus pandemic

Huawei cuts India revenue target by up to 50%, laying off staff: Report

Huawei is now targeting $350-$500 million in revenue for 2020, compared with roughly $700-800 million it was aiming earlier

What's at stake in the battle over US unemployment benefits in Congress?

Unemployment benefits to help laid-off Americans cover their bills as they look for work. They typically cover only a fraction of a worker's prior earnings

US Republicans unveil coronavirus aid plan, face opposition on both sides

Senate Majority Leader Mitch McConnell calls the proposal a 'tailored and targeted' plan focused on getting children back to school and employees back to work

Moderna Covid-19 vaccine could be ready for use by end of year, says US

The trial is the first such late-stage study under the Trump administration's program to speed development of measures against the novel coronavirus

Australian regulator sues Google for misleading about personal data use

Regulator says practice allowed Alphabet Inc unit to link the names and other ways to identify consumers with their behaviour elsewhere on the internet

Moody's downgrades Rolls-Royce's credit rating to junk; outlook negative

Shares in Rolls-Royce, which have already lost almost two-thirds of their value during the pandemic, dropped 5.7% to trade at 253 pence at 0827 GMT, after Moody's statement

China's economy to grow at 2.2% in 2020; weak demand cloud outlook: Reuters

China's economy expanded 3.2% in the second quarter from a year earlier

Europe's retail sector sees major shift as shoppers buy local due to Covid

Half of Britons in a YouGov survey of 1,032 people said they would now feel uncomfortable visiting an enclosed retail space like a shopping mall

China industrial profits rise 11.5% in June, signal economic recovery

After a record slump early in the year, China's economy rebounded more than expected in the second quarter

Huawei to ByteDance: Big tech firms in a spot as China riles US, India

ByteDance could be forced to sell TikTok as Washington considers following India in banning the short video app, which analysts say is worth at least $20 billion.

Moderna gets further $472 mn US award for Covid-19 vaccine development

The drug maker said the additional funding will support its late-stage clinical development including the expanded Phase 3 study of Moderna's vaccine candidate

Alibaba, Jack Ma summoned by Gurugram court on former employee's complaint

The judge seeks written responses from the company and its executives within 30 days

HSBC denies 'framing' Huawei, says it didn't participate in US legal probe

People's Daily, China's state-run newspaper, says HSBC has been 'setting traps' for the company since 2012