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Brent drops below $83, but U.S. jobs data could buoy prices
SINGAPORE (Reuters) - Brent crude dropped for the second straight session on Friday, dragged below $83 by worries over the strong U.S. dollar.
Posted on : 2014-11-07 06:58:13
RBI deputy says 'long way' to go before inflation eases
MUMBAI (Reuters) - India's inflation has a "long way" to go before it eases because of high input costs, while the reasons for elevated food price inflation remain "structural," Reserve Bank of India Deputy Governor H.R. Khan said on Friday.
Posted on : 2014-11-07 05:53:53
BSE Sensex edges down on profit taking
Reuters Market Eye – The BSE Sensex fell 0.35 percent, while the Nifty lost 0.39 percent.
Posted on : 2014-11-07 05:48:53
Singapore Airlines not considering full takeover bid for Tiger Airways - CEO
SINGAPORE (Reuters) - Singapore Airlines Ltd (SIA) is not currently considering a full takeover of partly-owned low-cost carrier Tiger Airways, even though it is raising its stake in the firm, the parent's chief executive Goh Choon Phong said on Friday. 
Posted on : 2014-11-07 04:56:17
Dr Reddy's, Endo get FDA approval to launch generic Valcyte
MUMBAI (Reuters) - The U.S. Food and Drug Administration (FDA) said it has granted final approval to Indian drugmaker Dr Reddy's Laboratories Ltd and U.S. firm Endo International Plc to make cheaper copies of Roche Holding AG's antiviral Valcyte.
Posted on : 2014-11-07 04:32:34
Gold poised for third weekly drop; U.S. jobs data in focus
SINGAPORE (Reuters) - Gold held close to a 4-1/2 year low and looked set to post its third straight weekly drop on Friday, as the U.S. dollar rallied on expectations the Federal Reserve could raise rates sooner rather than later.
Posted on : 2014-11-07 04:29:24
Asian shares slump, euro wallows near lows
TOKYO (Reuters) - Asian shares edged down on Friday ahead of U.S. employment data later in the session, while the euro wallowed around two-year lows after European Central Bank President Mario Draghi vowed to take more easing steps to spark growth in the euro zone.
Posted on : 2014-11-07 03:41:54
Gold poised for third weekly drop; US jobs data in focus
SINGAPORE (Reuters) - Gold held close to a 4-1/2 year low and looked set to post its third straight weekly drop on Friday, as the U.S. dollar rallied on expectations the Federal Reserve could raise rates sooner rather than later.
Posted on : 2014-11-07 01:25:06
India, U.S. and EU set to revive WTO talks - Times of India
(Reuters) - A global trade deal between India, the United States and the European Union is close to being signed, with India agreeing to sign the stalled international treaty on easier customs rules, the Times of India reported.
Posted on : 2014-11-07 01:19:17
Asian shares waver, euro wallows near lows
TOKYO (Reuters) - Asian shares wobbled in early trading on Friday, while the euro wallowed around two-year lows after European Central Bank President Mario Draghi vowed to take more easing steps to spark growth in the euro zone.
Posted on : 2014-11-07 00:28:19
Exclusive: Potential buyers checking out two Citgo refineries -sources
HOUSTON (Reuters) - Potential buyers from at least six leading oil companies have visited Citgo Petroleum Corp's refinery in Illinois and three firms have shown keen interest in its Texas plant, four sources familiar with efforts to sell the assets said.
Posted on : 2014-11-06 21:40:05
Dow, S&P 500 hit records in volatile trading
NEW YORK (Reuters) - U.S. stocks edged up in a volatile session on Thursday, with the Dow and S&P 500 hitting fresh record closing highs on an indication that the European Central Bank would take more policy action if needed to boost a struggling euro zone economy.
Posted on : 2014-11-06 21:33:01
Exclusive: Struggling in India, Toyota asks Daihatsu minicar unit to help - sources
OSAKA Japan/NEW DELHI (Reuters) - Toyota Motor Corp is struggling to crack the affordable end of India's car market and has called on mini-car affiliate Daihatsu for help - a tacit admission that the Japanese autos giant doesn't always get it right in emerging markets.
Posted on : 2014-11-06 21:10:19
Exclusive: Potential buyers checking out two Citgo refineries - sources
HOUSTON (Reuters) - Potential buyers from at least six leading oil companies have visited Citgo Petroleum Corp's refinery in Illinois and three firms have shown keen interest in its Texas plant, four sources familiar with efforts to sell the assets said.
Posted on : 2014-11-06 20:00:04
Dow, S&P hit records in volatile trading
NEW YORK (Reuters) - U.S. stocks edged up in a volatile session on Thursday, with the Dow and S&P 500 hitting fresh records on an indication that the European Central Bank would take more policy action if needed to boost a struggling euro zone economy.
Posted on : 2014-11-06 18:53:43
Oil down again as supply worry, dollar strength weigh
NEW YORK (Reuters) - Oil markets fell back on Thursday after a one-day spike as worries about high supplies returned to haunt traders, while the dollar pressed on with its rally which weighed on commodities priced in the currency.
Posted on : 2014-11-06 17:27:36
WTO urges G20 to lift post-2008 trade barriers
GENEVA (Reuters) - The World Trade Organisation called on the G20 leading economies on Thursday to begin removing trade barriers thrown up since the 2008 global economic crisis to allow international trade to resume the strong growth it saw at the start of the century.
Posted on : 2014-11-06 17:26:00
Venezuela says to keep boosting oil exports to China, India
CARACAS (Reuters) - Venezuela will continue to boost oil exports to China and India to capitalize on their booming economies, the OPEC member's oil minister said on Thursday.
Posted on : 2014-11-06 17:24:21
India's defence shake-up sends Mahindra hunting for partners
NEW DELHI (Reuters) - India's Mahindra Group is talking to potential foreign partners about building guns, ships, tanks and fighter jets to cash in on the prime minister's plan to requip one of the world's biggest armed forces with hardware made at home.
Posted on : 2014-11-06 16:18:21
Wall Street retreats off record peaks as energy, techs fall
NEW YORK (Reuters) - U.S. stocks edged modestly lower from record levels on Thursday as energy shares continued their recent decline and weak results pressured the technology sector.
Posted on : 2014-11-06 16:07:16
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