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Business

Amid tensions with China, India warns Amazon, Flipkart over country of origin rule

By marie-lakshmicom October 25, 2020October 19, 2020

MUMBAI - The Indian government has warned Amazon.com’s local unit and Walmart’s Flipkart that sellers on their platforms are not complying with a rule requiring that a product’s country of…

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Business

UK business groups urge Britain, EU to find compromise: FT

By marie-lakshmicom October 24, 2020October 19, 2020

More than 70 British business groups representing over 7 million workers have made a last-ditch attempt to persuade politicians to get back on the dialogue table next week to strike…

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Business

Renault CEO says eight-year plan can turn round carmaker

By marie-lakshmicom October 23, 2020October 19, 2020

BARCELONA - French carmaker Renault will unveil an eight-year plan next year as the group contends with a demand slump exacerbated by the coronavirus crisis, Chief Executive Luca de Meo…

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Business

Twitter backtracks, allows users to post previously blocked NY Post article

By marie-lakshmicom October 22, 2020October 19, 2020

PALO ALTO Calif/WASHINGTON - Twitter Inc TWTR.N on Friday confirmed it reversed its decision to block links to a New York Post article about Democratic presidential candidate Joe Biden's son,…

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Business

Dow advances, S&P ekes out gain as vaccine timeline comes into focus

By marie-lakshmicom October 21, 2020October 19, 2020

NEW YORK - The S&P 500 posted a nominal gain on Friday as further clarity regarding the timeline for the development of a coronavirus vaccine and much better-than-expected retail sales…

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Business

Shares of gun makers gain as Biden’s lead grows

By marie-lakshmicom October 20, 2020October 19, 2020

Shares of gun makers have been gaining ground as Democratic candidate Joe Biden leads polls, and if he wins the presidential election in November there are expectations of a renewed…

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Business

Pfizer vaccine hopes lift world stocks; dollar, gold on the defensive

By marie-lakshmicom October 19, 2020October 19, 2020

NEW YORK - Global shares bounced on Friday while safe havens such as the dollar were on the defensive as investors welcomed news that drugmaker Pfizer Inc could have a…

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