Business

AstraZeneca forecast a pick up in earnings growth this year as strong demand for its cancer and other new therapies power a drugmaker that has pledged not to make any money from its COVID19 vaccine during the pandemic.

ArcelorMittal, the world's largest steelmaker, plans to cut 20% of its office staff in a $1 billion costreduction plan, it said on Thursday after posting higher than expected fourthquarter earnings and boosting returns to shareholders.

Pernod Ricard on Thursday forecast a return to organic sales growth in the full year, after a strong performance in its key U.S. and Chinese markets helped the French spirits group beat estimates for firsthalf profit and sales.

Gold edged lower on Thursday as the dollar's recovery from a twoweek trough hit in the previous session and a softer U.S. inflation data dampened bullion's appeal.

United Airlines said Wednesday it will buy up to 200 small electric aircraft to help customers in urban areas get to the airport.

The Bank of England told insurers on Wednesday not to expect any big reduction in capital requirements after Brexit, adding that more capital could be "part of the answer" to meeting a 1.7 billion pound bill for COVID19 claims.

The U.S. Chamber of Commerce has appointed Suzanne Clark as its next CEO, the first woman to hold the position.

Twitter posted solid results for the last three months of 2020, capping what CEO Jack Dorsey called an extraordinary year" for the platform. New users signed on in large numbers to follow the world's events in real time despite the challenges of election...

Gucci lipstick maker Coty Inc will step up its investments in skincare to offset a pandemicdriven fall in demand for its makeup products that led to a disappointing quarterly revenue, driving its shares down 13% on Tuesday.

CocaCola Co will sell its popular sodas in bottles made from 100% recycled plastic material in the United States, the beverage maker said on Tuesday, in a major shift to combat plastic waste and reduce its carbon footprint.

Oil hit 13month highs on Tuesday, supported by supply cuts, a weaker dollar and optimism over a recovery in fuel demand, but retraced some of its recent gains in early U.S. trading.

Oil hit 13month highs on Tuesday with the Brent benchmark staying above $60 a barrel, supported by supply cuts, a weak dollar and optimism over a recovery in fuel demand.

When Stan Rounds heard about U.S. President Joe Biden’s plans to suspend new drilling on federal lands to fight climate change, he worried about the education budget.

Tencent Holdings Ltd may be the world's largest gaming company and a Chinese internet powerhouse worth more than $900 billion, but it's also spooked.

Silver Spring (AP) Holders of Bitcoin may be able to cash in some of their investment in the digital currency for a brand new electric car. Electric automaker Tesla said Monday that it has invested around USD 1.5 billion in Bitcoin and it plans to begin...

Passenger traffic on U.S. airlines has dropped again to levels not seen in a couple decades, but Delta Air Lines CEO Ed Bastian thinks there will be a summer surge, at least within the United States.