Business

Boeing Co said Tuesday it has discovered a new manufacturing issue with its 787 Dreamliner, days after it reported two separate issues that forced the grounding of eight 787 airplanes.

The government sold about 15 per cent stake in defence manufacturer Hindustan Aeronautics (HAL) to raise around Rs 5,000 crore last month.

World shares struggled on Tuesday as doubts about a recovery in tech stocks lingered after last week's rout, while the dollar awaited policy signals from the European Central Bank and the pound remained hostage to Brexit jitters.

Oil fell below $42 a barrel on Tuesday, its fifth session of decline, pressured by concerns that a recovery in demand could weaken as coronavirus infections flare up around the world.

World shares struggled to stabilise on Tuesday as doubts about a recovery in tech stocks lingered after last week's rout, while the dollar steadied as investors pondered whether policy signals from the European Central Bank this week could weaken the euro...

South Korea's Celltrion Inc will begin commercial production of its experimental treatment for COVID19 this month, it said on Tuesday, as it pushes ahead with clinical trials of the antibody drug.

Singapore state investor Temasek Holdings said on Tuesday that the global economic outlook remained volatile, with the coronavirus crisis and geopolitical tensions creating significant uncertainties in the near term.

Gold slipped on Tuesday due to a stronger dollar, although losses were limited by doubts over a global economic recovery and as investors awaited policy strategies from central banks in North America and Europe.

Lonza said on Tuesday the first patient has been treated with a cell therapy made in its "Cocoon" platform, which the Swiss contract drug maker hopes catches on at medical centers aiming to boost use of personalized cancer treatments.

Japan's economy sank deeper into its worst postwar contraction in the second quarter as the coronavirus jolted businesses more than initially thought, underscoring the daunting task the new prime minister faces in averting a steeper recession.

U.S. stock futures and Asian shares regained some footing on Tuesday following a small bounce in European shares as investors looked to whether highflying U.S. tech shares could recover from their recent rout.

Foreigners turned net sellers of Asian shares in August as relations between China and the United States remained fragile, while Indian equities drew in foreign funds for a fourth straight month, with net inflows of $6.3 billion.

Oil prices fell on Monday as Saudi Arabia made the deepest monthly price cuts for supply to Asia in five months and uncertainty over China's oil demand cloud oil markets' recovery.

Italy's Treasury wants to find a buyer for Monte dei Paschi di Siena by the end of the year to help the bailedout bank to clean up its remaining problem loans, two sources familiar with the matter said.

Commerce and Industry Minister Piyush Goyal on Friday asked automobile companies present in India to reduce royalty payments to their parent firms as it would help them to sail through the crisis easily. The minister said this while addressing the Soci...

Nissan says it has developed a new way to produce hightech auto parts that highlights the Japanese automakers engineering finesse, even as it faces a criminal trial in an ongoing scandal involving former Chairman Carlos Ghosn.