Category Archives: Business

Stocks fight for 3rd straight week of gains 

The early advance puts both the Dow and the S&P 500 on their way to a third straight week of gains.

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Railways generated 1.6 lakh mandays of work in 4 weeks under Garib Kalyan Rojgar Abhiyaan

Inaugurated by Prime Minister Narendra Modi on June 20, the Garib Kalyan Rojgar Abhiyaan is in operation in 116 identified districts of six states – Uttar Pradesh, Bihar, Rajasthan, Madhya Pradesh, Odisha and Jharkhand.

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Wall Street retreats with global markets as rally fades 

Wall Street is retreating in early trading Thursday following a mixed set of reports on the economy, including one showing that layoffs continue across the country at a stubbornly steady pace

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Number of inflation-beating savings accounts falls to 450 

Some 450 savings accounts now match or beat June’s inflation reading, but that is nearly 100 fewer than last month after inflation rose and savings rates fell.

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AstraZeneca Pops Ahead of Covid-19 Vaccine Data Report Due July 20 

Shares in AstraZeneca (AZN) spiked almost 5% in after-market trading amid a report that early-stage human trial data on the drugmaker’s coronavirus vaccine candidate will be disclosed on July 20.The stock rose to $60.60 in Wednesday’s extended trading after earlier jumping 7%. Data results from the Phase 1 trial of the potential coronavirus vaccine, also kno […]

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Family wealth of super-rich increases despite coronavirus 

More than 75 per cent of family offices report meeting or exceeding financial targets this year

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British Gas workers told to sign new contracts or risk jobs 

Parent company Centrica says a fresh wave of redundancies is a “last resort”.

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Bolivia’s senate approved ‘miracle mineral solution’ — a toxic bleach with no medical use — as a treatment for COVID-19 

Javier Mamani/Getty Images The Bolivian senate has approved the use of chlorine dioxide, a toxic bleach, as a treatment for COVID-19, according to an official statement Tuesday. The motion needs to be approved by Bolivia’s lower house and its president before it can be used legally. The substance, known as “miracle mineral solution,” is advoca […]

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Hacking Hits High-Profile Twitter Accounts 

High-profile Twitter accounts, including those of Barack Obama and Elon Musk, were the target of a widespread attack that security experts are calling the worst hacking incident in the company’s recent history. WSJ’s Euirim Choi reports on the hack, which looks different from other security breaches. Photos: Robyn Beck/AFP via Getty Images, Sean Gallup/ […]

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Wall Street opens lower as coronavirus fears eclipse upbeat retail sales 

The Dow Jones Industrial Average fell 123.53 points, or 0.46 percent, at the open to 26,746.57.

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Fauci says he doesn’t regret telling Americans not to wear masks at the beginning of the pandemic 

Dr. Anthony Fauci, the nation’s top infectious disease expert, says he doesn’t regret advising Americans against wearing masks early on in the COVID-19 pandemic. In an interview with CBS News anchor Norah O’Donnell published in InStyle, Fauci defended his credibility and decision-making in response to recent attempts from the White House to un […]

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There’s an obvious way to strike back at China for the Hong Kong security law while scoring an economic win for the US 

Anthony Kwan/Getty Images To strike back at China for passing a security law that encroaches on Hong Kong people’s civil rights, the US should welcome Hong Kongers to immigrate here. There are only about 7 million people in Hong Kong (that’s smaller than New York City) and the brain drain would create a headache for Beijing. Plus the US would gain […]

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Hong Kong businesses worried after US downgrade 

After China introduced a controversial new security law, Donald Trump signed an order ending preferential economic treatment for the territory. What does Hong Kong’s economic future now hold?

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Asos to REPAY UK Government for cost of furloughing 

A spokesperson for Asos told This is Money that the cost of the repayment to the Government looked set to come in at just under £2million for April.

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Biopharmaceutical Company Nkarta Raises $290M In IPO 

Nkarta Inc. (NASDAQ: NKTX) announced on Tuesday the underwriters for its initial public offering have completely exercised their overal read more

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