Business

Bangladesh's state grains agency issued an international tender to purchase 50,000 tonnes of rice on Monday, its first buying tender in three years amid dwindling supplies and a surge in prices of the staple grain.

Inovio Pharmaceuticals Inc has received U.S. health regulator's clearance to begin a midstage study of its COVID19 vaccine candidate, the vaccine maker said on Monday.

Hungary will veto the European Union's 202127 budget and its COVID recovery scheme if access to funds is made conditional on governments' adherence to the rule of law, a move which a senior EU official warned could create havoc within the bloc.

Moderna Inc's experimental COVID19 vaccine is more stable than expected at temperatures that ordinary refrigerators can provide and can be distributed using existing coldchain shipping and storage infrastructure.

British outsourcer Capita Plc said on Monday its chief financial officer Patrick Butcher will step down after being in the role for less than two years to pursue other opportunities.

Total shopper numbers across British retail destinations plummeted 57.7% in the week to Nov. 14 yearonyear, reflecting the impact of England's second national lockdown, market researcher Springboard said on Monday.

In financial parlance, pro-cyclical stocks from sectors such as banking, consumer durables, cement, real estate and metals. However, market observers cautioned about an impending correction due to expensive propositions.

There has to be a breakthrough this week on a postBrexit trade agreement, British and Irish ministers said on Sunday, as London's top negotiator went back into talks saying progress had been made in recent days.

Germany expects to pay out 22 billion euros ($26 billion) in COVID19 relief aid from January through June 2021 to companies and selfemployed people, people close to the matter said, as the impact of the pandemic extends into next year.

U.S. life insurers face questions about their ability to cover a sudden rush of claims after the Federal Reserve highlighted liquidity and leverage risks in a report this week.

When Chris Hyland caught the coronavirus, his ordeal went beyond being sick and exhausted he couldnt help his business partners manage the viruss impact on their company just as the outbreak was sweeping across the world.

Despite loans from China, Saudi Arabia and the UAE, Pakistan Prime Minister Imran Khan's government was forced to turn to the IMF due to mounting economic problems amidst the Covid-19 pandemic.

Only a few of America's CEOs have made public statements about President Donald Trump's refusal to accept his election loss, but in private, many are alarmed and talking about what collective action would be necessary if they see an imminent threat to dem...

U.S. stocks pulled back on Thursday, amid increasing worries about worsening coronavirus counts across the country. Markets around the world have taken a pause after galloping higher this month, at first on expectations that Washington will continue sever...

Wall Street sank and U.S. Treasury yields edged lower on Thursday as euphoria over a potential COVID19 vaccine faded in the face of spiking infections and threat of a new round of economic restrictions to contain the pandemic.

French music distributor Believe is preparing a 2021 stock market flotation that could value it at around 2 billion euros ($2.4 billion) as its owners seek to benefit from high valuations for tech companies, people close to the matter said.