Category: Business

Suggesting housing is well positioned to lead a post-pandemic economic recovery, the National Association of Home Builders released a report on Tuesday showing a continued rebound in U.S. homebuilder confidence … Read More

Nikola short sellers may be forced to buy due to fees and losses The company is the sixth largest short in the auto manufacturing industry June mark-to-market losses for auto … Read More

Emergency health measures implemented in six major countries have “significantly and substantially slowed” the spread of the novel coronavirus, according to a new research. The study, led by the University … Read More

Deliveroo and the bosses of major chains including Pizza Hut, Pret a Manger, Itsu and Wagamama have asked the prime minister for urgent support to prevent mass closures, as physical … Read More

New York (CNN Business)Walmart is partnering with ecommerce platform Shopify to expand its third-party online marketplace as it takes on Amazon (AMZN). Walmart said it expects to add 1,200 Shopify … Read More

Steel, cement, aluminum, fertilisers, tractors, two-wheelers, beverages and carbonated drinks, tyres and FMCG could see demand back to near normal levels by the third or the fourth quarter of the … Read More

Volkswagen AG is standing by its goal of posting an operating profit this year even as the collapse in car demand from the coronavirus pandemic hits its second-quarter performance. The … Read More

Quibi CEO: Have enough content to last through November Quibi CEO and former HP CEO Meg Whitman on the new platform, which creates short, mobile-friendly content and how coronavirus has … Read More

State Bank of India is seeking to recover two guarantees furnished by the former billionaire Anil Ambani, which according to a news report are worth more than $158 million. The … Read More

SBI is expected to mop up almost $202 million via the share sale. The country’s largest lender State Bank of India (SBI) will pare 2.1 per cent of its stake … Read More