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Britain's Carillion collapses as banks refuse to lend it any more money
LONDON (Reuters) - British construction and services company Carillion collapsed on Monday when its lenders refused to provide any further financial support, forcing it to enter compulsory liquidation.
Posted on : 2018-01-15 13:03:39
Britain's Carillion collapses
LONDON (Reuters) - British construction and services company Carillion collapsed on Monday when its lenders refused to provide any further financial support.
Posted on : 2018-01-15 12:30:39
December WPI inflation eases to 3.58 percent
NEW DELHI (Reuters) - India's annual wholesale price inflation eased in December from an eight-month high touched in November, driven by slower rises in food prices, government data showed on Monday.
Posted on : 2018-01-15 12:26:15
Sensex, Nifty hit record highs; private banks gain
(Reuters) - Indian shares touched record highs on Monday led by stocks of private lenders, with better-than-expected growth in industrial output and a global equities rally boosting sentiment.
Posted on : 2018-01-15 11:42:12
SoftBank considers IPO for Japan wireless unit, said to seek $18 billion
TOKYO (Reuters) - SoftBank Group Corp said on Monday it was considering listing its Japanese wireless business, seeking to raise a reported $18 billion in a move that would accelerate the conglomerate's transformation into one of the world's biggest tech investors.
Posted on : 2018-01-15 10:58:51
Xiaomi mandates Citic Securities, Morgan Stanley, Goldman Sachs for IPO - IFR
HONG KONG (Reuters) - Chinese smartphone maker Xiaomi has picked Citic Securities, Goldman Sachs and Morgan Stanley as joint sponsors for its proposed IPO, IFR reported.
Posted on : 2018-01-15 10:57:11
VW brand car sales hit record 6.23 million in 2017
DETROIT (Reuters) - Volkswagen's core autos division increased vehicle sales to a record 6.23 million cars last year, as rising demand for VW brand models in the Americas and the key Chinese market offset a decline in western Europe.
Posted on : 2018-01-15 10:39:22
Ford plans $11 billion investment, 40 electrified vehicles by 2022
DETROIT (Reuters) - Ford Motor Co will significantly increase its planned investments in electric vehicles to $11 billion by 2022 and have 40 hybrid and fully electric vehicles in its model lineup, Chairman Bill Ford said on Sunday at the Detroit auto show.
Posted on : 2018-01-15 10:20:37
Carillion in final appeal to lenders after UK refuses rescue - Sky News
LONDON (Reuters) - Carillion's directors were making a final rescue appeal to its lending banks on Sunday night after the government refused to rescue the struggling construction and services company, Sky News reported.
Posted on : 2018-01-15 10:12:20
China c.bank injects 398 billion yuan via MLF, citing tight liquidity
SHANGHAI (Reuters) - China's central bank lent 398 billion yuan ($61.76 billion) to financial institutions on Monday via its 1-year medium-term lending facility (MLF), citing a "relatively large" decrease in banking system liquidity, it said in a statement.
Posted on : 2018-01-15 09:58:46
Gold hits four-month high as dollar index slumps to three year-lows
(Reuters) - Gold prices on Monday hit their highest since September, buoyed by a weaker U.S. dollar, which slumped to three-year lows against a basket of currencies.
Posted on : 2018-01-15 09:56:53
Oil near three-year highs on output cuts despite rising North American rig count
SINGAPORE (Reuters) - Oil prices held just below December 2014 highs on Monday, supported by ongoing output cuts led by OPEC and Russia despite a rise in U.S. and Canadian drilling activity that points to higher future output in North America.
Posted on : 2018-01-15 09:55:12
Ford plans $11 billion investment, 40 electric vehicles by 2022
DETROIT (Reuters) - Ford Motor Co will significantly increase its planned investments in electric vehicles to $11 billion by 2022 and have 40 hybrid and fully electric vehicles in its model lineup, Chairman Bill Ford said on Sunday at the Detroit auto show.
Posted on : 2018-01-15 09:53:30
BOJ's Kuroda sounds more positive on prices, yen hits four-month high
TOKYO (Reuters) - Bank of Japan Governor Haruhiko Kuroda on Monday reiterated the central bank's resolve to maintain quantitative easing, but his positive comments on inflation and the economy sent the yen to a four-month high versus the dollar.
Posted on : 2018-01-15 09:43:07
Asia shares hit historic highs, dollar slips anew
SYDNEY (Reuters) - Asian shares hit historic highs on Monday after Wall Street extended its record-breaking run, while the U.S. dollar retreat continued as investors priced in the risk of tighter policies elsewhere in the developed world.
Posted on : 2018-01-15 09:32:39
Analysis: End of a chip boom? Memory chip price drop spooks investors
SEOUL (Reuters) - After a blistering year-and-a-half long surge, a sudden drop in some memory prices, followed by Samsung Electronics Co's disappointing profit estimate, is causing jitters among investors who had bet the chip boom would last at least another year.
Posted on : 2018-01-15 08:24:47
Carillion holds survival talks under close UK government watch
LONDON (Reuters) - Carillion held further emergency funding talks on Sunday as the British government said it hoped that the struggling construction and services company's partners will find the cash it needs to stay in business.
Posted on : 2018-01-14 22:58:06
Interview: Pakistan aims to sell national airline PIA before election
ISLAMABAD (Reuters) - Pakistan will try to privatise its national airline before general elections due this year, privatisation minister Daniyal Aziz said, as the ruling party seeks to restart sales of state-run businesses.
Posted on : 2018-01-14 19:49:55
UK government keeping close eye on services company Carillion - Conservative chairman
LONDON (Reuters) - Britain's government is keeping a close eye on building and services company Carillion and ministers hope its partners will find the working capital to ensure it remains a "going concern", the chairman of the governing Conservatives said on Sunday.
Posted on : 2018-01-14 15:24:01
U.S. resumes DACA applications after judge blocks end to program
(Reuters) - U.S. immigration authorities said on Saturday that it will resume accepting requests under a program that shields young people brought to the United States illegally from deportation after a court order blocked a government decision to end the program.
Posted on : 2018-01-14 12:14:31
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