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Google invests $700 million in Danish data centre, secures green energy
Google will invest almost $700 million in a Danish data centre powered by the abundant green energy that underpins power-
Posted on : 2018-11-20 17:05:49
Bitcoin extends slide below $4,500, new 2018 low
Bitcoin tumbled as much as 10 percent on Tuesday to below $4,500, bringing the world's best-known cryptocurrency's losses to 30 percent within a week as a selloff in digital currencies intensified across the board.
Posted on : 2018-11-20 17:04:49
RBI move boosts banks' lending ability by up to $42 billion: sources
The Reserve Bank of India (RBI) estimates that Indian banks will have capacity to lend an extra 2.5 trillion rupees to 3.0 trillion rupees ($35 billion to $42 billion) over the next year after it decided to relax a deadline for lenders to boost capital ratios, two sources aware of discussions on the matter said on Tuesday.
Posted on : 2018-11-20 16:58:40
U.S. sanction waivers provided relief, but global economy still fragile - IEA's Birol
Waivers on Iranian sanctions granted by the United States provided some relief to oil markets but the global economy is still very fragile, the head of the International Energy Agency told Reuters on Tuesday.
Posted on : 2018-11-20 16:55:56
Lowe's to divest more businesses as part of restructuring
Lowe's Companies Inc said on Tuesday it was shedding some of its non-core businesses including its Mexican operations as part of restructuring, while also posting a smaller-than-expected rise in quarterly same-store sales.
Posted on : 2018-11-20 16:55:04
Gold eases within tight range as dollar firms
Gold inched lower on Tuesday, pressured by a slight uptick in the dollar and held a narrow range in light trade ahead of the U.S. Thanksgiving holiday.
Posted on : 2018-11-20 16:41:27
Brexit chill and insurance scandal hit UK bank CYBG
British bank CYBG said it would take another 150 million pound ($193 million) charge related to an industry-wide scandal over mis-sold insurance policies, helping to send its shares down as much as 10 percent on Tuesday.
Posted on : 2018-11-20 16:24:34
U.S. Fed's Quarles to chair international regulations body
Federal Reserve Governor Randal Quarles is set to be appointed the head of the Financial Stability Board in a bid to keep a sceptical United States engaged in the international body, two people with knowledge of the discussions said on Monday.
Posted on : 2018-11-20 16:22:44
Corrected: U.S. sanction waivers provided relief, but global economy still fragile -IEA's Birol
(Corrects last paragraph to show Birol is calling on key producers to exercise common sense, not increase output)
Posted on : 2018-11-20 16:21:54
Oil declines due to supply concerns after four days of gains
Benchmark oil prices fell on Tuesday, set to snap a four-day winning streak amid concerns about rising global supplies as OPEC weighs production cuts.
Posted on : 2018-11-20 16:10:13
Brexit poses risk to German economy, warns Scholz
Finance Minister Olaf Scholz warned on Tuesday that the German economy faces several risks, including the effect of Britain's divorce from the European Union, so caution was warranted for the coming years.
Posted on : 2018-11-20 16:07:44
Bank of England's Carney stresses importance of Brexit deal
Bank of England Governor Mark Carney said on Tuesday it was important that Britain leaves the European Union with a transition deal to smooth its exit, something which would help support the country's economy.
Posted on : 2018-11-20 16:06:52
Jet fuel cash discounts widen on lacklustre buying interests
Asia's cash discounts for jet fuel widened on the back of ample supplies, while the physical market for the aviation fuel remained subdued for the fifth consecutive session with no bids or deals on Tuesday.
Posted on : 2018-11-20 16:02:22
Nifty, Sensex end lower as RBI's 'long-term' steps fail to impress
Indian shares snapped three sessions of gains to end lower on Tuesday, after the outcome of the central bank's meet failed to assuage investors, as they expected implementation of the proposed measures to take time.
Posted on : 2018-11-20 15:59:14
Explainer: What misconduct is Nissan's Ghosn accused of, and how did it come to light?
Japan was shocked by news that Nissan Motor Co Chairman Carlos Ghosn, who was widely respected for rescuing the car maker from near bankruptcy, was arrested on Monday for alleged financial misconduct.
Posted on : 2018-11-20 15:56:30
iPhone demand worries send ripples through global markets
World stock markets fell on Tuesday as worries over softening demand for the iPhone prompted a tech stock selloff across the world, while the arrest of car boss Carlos Ghosn pulled Nissan and Renault sharply lower.
Posted on : 2018-11-20 15:46:18
RBI move to boost banks' lending ability by up to $42 billion: sources
The Reserve Bank of India estimates that Indian banks will have capacity to lend an extra 2.5 trillion rupees to 3.0 trillion rupees ($35 billion to $42 billion) over the next year after it decided to relax a deadline for lenders to boost capital ratios, two sources aware of discussions on the matter said on Tuesday.
Posted on : 2018-11-20 15:43:38
France moves to oust Ghosn from Renault, defends alliance
France moved on Tuesday to oust Carlos Ghosn from the helm of Renault a day after his arrest in Japan on financial misconduct allegations, but sought to defend the carmaker's alliance with Nissan, which has been rocked by the scandal.
Posted on : 2018-11-20 15:41:15
China blames 'excuses' for APEC discord, as U.S. ties sour again
A major Asia-Pacific summit's failure to agree on a communique resulted from certain countries "excusing" protectionism, a top Chinese diplomat said, in a veiled criticism of Washington that further sours the tone of China-U.S. ties ahead of a G20 meet.
Posted on : 2018-11-20 15:25:20
Bangladesh scraps new floating LNG projects for land-based terminals
Bangladesh will scrap plans to build additional floating liquefied natural gas import (LNG) terminals in favour of land-based stations, a senior government official said.
Posted on : 2018-11-20 15:23:32
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