Page 1328 - Reuters/workspace/business Standard Web/video

Indian edible oil demand may recover in first quarter next year: Analyst

The director of Indian consumer goods company Godrej International Ltd, added that India needed to raise import taxes on edible oils to boost local oilseed output

Gold set for third straight weekly gain as virus cases soar

The bullion has risen more than 1% so far this week, with prices scaling a near eight-year high of $1,779.06 on Wednesday

Legacy of coronavirus will be weak global inflation, say economists

Beyond being a symptom of recession, weak price growth or outright deflation also creates more headaches for the world's biggest central banks

Apple Inc to close 14 stores in Florida as coronavirus cases rise

The company said earlier this week it would again close seven stores in the Houston area after cases rose there

Oil gains on growing fuel demand, even as coronavirus cases surge worldwide

Analysts said satellite data showing a strong pick-up in traffic in China, Europe and across the United States pointed to an improvement in fuel demand

Why India's automobile, pharma sectors are not ready to wean off China

India relies on China for products such as electronic components and drug ingredients because it cannot make them or source them elsewhere as cheap.

Verizon suspends advertising on Facebook, joins growing boycott

Verizon is the biggest yet to join the ad boycott, which has gained the backing of dozens of U.S. companies, and its announcement was a blow to Facebook's efforts to contain the growing revolt

No breakthrough yet from plodding global recovery outlook: Reuters poll

The outlook for a global economic recovery over the past month has worsened or at best stayed about the same, according to a firm majority of economists in Reuters polls

Hong Kong pro-democracy shops fear China's new security law

The new law, designed to prohibit what China calls secession, subversion and external interference in Hong Kong, is set to be passed by China's top legislative body next week

Liverpool crowned Premier League champions for first time after Chelsea win

Despite the Covid-19 pandemic forcing a three-month suspension of the season and delaying Liverpool's coronation, they have won the title with a record seven games to spare

European stocks end higher as mood improves, Lufthansa jumps over 7%

The pan-European STOXX 600 closed up 0.7% after a choppy session with automakers, financial services, banks and insurers the top gainers, rising between 1.6% and 2.4%.

US and European Union must face down China together, says Mike Pompeo

Pompeo said he had accepted a proposal by EU foreign policy chief Josep Borrell to create a formal US-EU dialogue on China and would travel to Europe soon to host the first session.

Central banks have thrown trillions at Covid-19. What do they have left?

For central banks that already print money to buy assets, so-called helicopter drops could follow -- directly funding state spending with newly created money that's not offset by government IOU

Oil slips below $40 a barrel on record US crude inventories, Covid-19 fears

Investors are waiting to see if the producers, known as OPEC+, extend their record cut beyond July

Masayoshi Son defends investment choices, says SoftBank is not 'SoftPunku'

Sprint, which Son loaded up with debt and made repeated attempts to merge with T-Mobile before successfully closing the deal in April, has delivered an internal rate of return of 25%, Son said

US says Huawei, Hikvision backed by Chinese military; sanctions may follow

Washington placed Huawei on a trade blacklist last year over national security concerns

WHO warns of oxygen shortage as Covid-19 cases set to top 10 million

Tedros also told a news briefing he backed Saudi Arabia's decision to ban pilgrims from abroad from attending the annual Haj pilgrimage to help limit the spread of the virus

Bayer agrees to settle Roundup cancer lawsuits for up to $10.9 billion

The German drugs and pesticides maker has come to terms with about 75 per cent of the current Roundup plaintiffs

GAIL India issues tender to buy and sell LNG cargoes from US: Report

It is also seeking a cargo for delivery into India in May or August, 2021 on a delivered ex-ship (DES) basis

Govt scrutiny on new portfolio investors from China, Hong Kong: Report

The discussions come weeks after the central government said it will screen all foreign direct investment (FDI) from countries with which it shares a land border