Business

Sources said GST Network, which handles the IT backbone for Goods and Services Tax, along with tax officials would persuade these 25,000 taxpayers who have defaulted on the filing of GSTR-3B returns by due date, i.e., by November 20, 2020, for the month o...

Airbus has found homes for six A320neofamily aircraft rejected by one of its largest customers, Malaysia's AirAsia, as it makes further progress in reducing a surplus of jets left by the coronavirus crisis, industry sources said.

Ratings agency Fitch downgraded Sri Lanka's sovereign debt to "CCC" on Friday, warning that the country was at increasing risk of missing debt payments due to the coronavirus pandemic.

Volkswagen Chief Executive Herbert Diess has asked the families who control a majority voting stake to back a contract extension in a bid to break a deadlock at the world's largest carmaker, two people familiar with the matter said.

Commerzbank appointed a new board member to oversee the German lender's corporate business on Friday after his predecessor left over differences about the division's future, the bank said on Friday.

A panel of OPEC+, a group of leading oil producing countries, will hold informal online talks on Saturday prior to meetings scheduled for next week, a letter seen by Reuters showed and source with the knowledge of the matter said.

Gold gained on Thursday on a softer dollar and as the focus returned to the mounting number of coronavirus cases and their economic toll, raising investor expectations of further fiscal and monetary support.

German media giant Bertelsmann said Wednesday that it is buying publisher Simon & Schuster from ViacomCBS for $2.17 billion in cash.

Europe's insurance watchdog believes it is too early to change its guidance on the suspension of dividends for the industry, but is facing pressure from insurers and national regulators to change its view.

Purdue Pharma LP pleaded guilty to criminal charges over the handling of its addictive prescription painkiller OxyContin, capping a deal with federal prosecutors to resolve an investigation into the drugmaker's role in the U.S. opioid crisis.

Rio Tinto's destruction of sacred Indigenous rock shelters in Australia this year has dismayed and galvanised a swathe of investors who want big changes in how mining firms manage heritage issues and have begun to tell them so.

Germany's gross domestic product grew by a record 8.5% in the third quarter as Europe's largest economy partly recovered from an unprecedented plunge caused by the first wave of the COVID19 pandemic in spring, the statistics office said on Tuesday.

U.S. home prices jumped in September as strong demand, low interest rates and the smallest number of available homes on record combined to push up housing costs.

Best Buy Co. reported fiscal thirdquarter results that blew through analysts' expectations as the nation's largest retailer enjoyed surging demand for items like home theater and appliances that help people learn, cook, work and connect in their homes dur...

Tiffany & Co, which is being bought by French luxury giant LVMH, beat Wall Street expectations for quarterly profit on Tuesday as the U.S. jeweler benefited from an over 70% rise in sales in China and a recovery in demand at home.

Western Union Co suspended its operations across Cuba on Monday evening as new U.S. sanctions kicked in, cutting a key lifeline for many struggling Cuban families as the coronavirus pandemic deepens the Communistrun island's economic crisis.