Bloomberg Reliance Industries Ltd, India’s most valuable company led by billionaire Mukesh Ambani, reported a 15% decline in profit for the quarter through September, as the coronavirus pandemic gutted demand for transportation fuels. Net income fell to 95.7 billion rupees ($1.28 billion) from 112.6 billion rupees a year earlier, the Mumbai-based company said in an exchange filing. That compares with ...

Just before the US election, speculation is rife as to whether a Joe Biden victory might herald a big leftward shift, or what kind of chaos a second term for President Donald Trump would bring. The immediate task for either president, however, is likely to be more mundane and less ideological — and guaranteed to displease most Americans. The issue ...

Dunkin’ Brands Group Inc just served up one highly caffeinated deal that will give its stock price a jolt. The Canton, Massachusetts-based coffee chain is selling itself to Inspire Brands for $106.50 a share, a 26% premium to its 20-day trading average before talks between the two sides were made public. The deal values Dunkin’ at $11.3 billion including debt, ...