Category: Business

The US election still hasn’t ended for one person who bet £1 million ($1.3 million) on Joe Biden to be the next president. The huge wager was placed October 29 on the Betfair Exchange, the world’s largest online betting exchange, where gamblers find others to match their wagers. The US presidential election was by far […]

Finance Minister Nirmala Sitharaman on Tuesday asked banks to ensure that all accounts are linked with Aadhaar numbers of respective customers by March 31, 2021. She said the financial inclusion story is not over and banks still have inclusion to carry forward. There are many accounts which are not linked with Aadhaar. “…by March 31, […]

Stocks were already set to soar Monday after Joe Biden was elected 46th US president — but Wall Street’s enthusiasm kicked into an even higher gear after Pfizer and BioNTech announced positive clinical data for their Covid-19 vaccine. Shares of Pfizer (PFE) and BioNTech (BNTX) each skyrocketed about 10%.The stocks of other companies working on […]

The European Union is moving ahead with tariffs on $4 billion worth of US goods. But it also wants to end a series of bitter trade disputes and reboot its relationship with the United States as a new administration prepares to take power in Washington. The World Trade Organization last month cleared the way for […]

A British company is hoping to turn dust from the moon’s surface into oxygen — a project that could pave the way for further exploration and even habitation of the satellite. Metalysis, a materials technology firm based in South Yorkshire, England, said Friday that it has been awarded a contract with the European Space Agency […]

President Donald Trump spent much of his term setting up Beijing as Washington’s greatest political and economic adversary. Don’t expect drastic changes when Joe Biden takes the helm, even if he eschews the bluster and unpredictability of his predecessor. Economists and trade experts believe that the United States and China will move further apart on […]

VF Corp. is adding skateboard and streetwear brand Supreme to its line of recreational apparel brands as people seek comfort and leisure wear during the pandemic. The parent company of Vans, Dickies, Timberland and The North Face on Monday announced plans to purchase Supreme in a $2.1 billion acquisition deal set to be completed before […]