The United States should take a more targeted approach with its new pandemic aid so it can save ammunition in case of a future economic slowdown or a second wave of infections, former Reserve Bank of India Governor Raghuram Rajan said on Thursday.
Bristol Myers Squibb Co raised its annual profit forecast on Thursday on hopes of a recovery in demand for its hospital-administered drugs, which had dropped as patients stayed away from doctors' offices due to the COVID-19 pandemic.
U.S. stock index futures were flat on Thursday as investors looked forward to the latest weekly jobless claims report to gauge the pace of a rebound in the labor market, while also anticipating a new fiscal stimulus bill.
Mylan NV reported a second-quarter profit on Thursday, helped in part by strong sales of its newly launched products such as asthma drug Wixela.
Hilton Worldwide Holdings Inc on Thursday swung to a quarterly loss, as the coronavirus pandemic wiped out global travel demand and hammered bookings.
REUTERS: Advanced driver assistance technology that automates steering and braking in a growing number of vehicles is not providing reliable safety benefits, a new study by the American Automobile Association showed on Thursday. Researchers at AAA, a federation of North American motor clubs, found ...
German sportswear firm Adidas said on Thursday it expected to bounce back to profitability in the third quarter assuming there are no new major lockdowns as it benefits from more people exercising and dressing down as they work from home.
SHANGHAI: Over half of European companies in China's financial hub of Shanghai still have foreign staff who are unable to return after coronavirus border restrictions were imposed in March, a survey indicated on Thursday (Aug 6). The European Union Chamber of Commerce said the survey, conducted in ...
BENGALURU: Sezzle Inc is testing its buy-now-pay-later service in India for a potential launch at the end of the year, its chief executive officer said, capitalising on rapid global growth in online shopping as competition intensifies in the sector. Moving into India would mark an ambitious plan ...
Italy is positioning to become an influential shareholder in a tightly regulated broadband operator it plans to create by brokering a merger of Telecom Italia's (TIM) fixed-line access network with state-controlled Open Fiber, three sources said.
