Welcome Guest
»

Top Business Stories

China's Fosun becomes fourth suitor for troubled Fortis
(Reuters) - India's cash-strapped Fortis Healthcare Ltd said Fosun International Ltd has offered to invest up to $350 million, making the Chinese conglomerate the fourth suitor aiming to benefit from a government push for better healthcare.
Posted on : 2018-04-18 16:09:16
Nifty ends longest winning run in three years
(Reuters) - Indian shares wiped out early gains to edge lower on Wednesday, snapping their longest winning streak in over three years, dragged by private lenders such as HDFC Bank Ltd and Axis Bank Ltd.
Posted on : 2018-04-18 15:48:44
Gold loses its shine as dollar, stocks rise on risk appetite
LONDON (Reuters) - Gold prices eased on Wednesday as the dollar and stocks advanced, pointing to higher demand for riskier assets driven by upbeat U.S. economic data and a slew of strong corporate earnings reports.
Posted on : 2018-04-18 15:45:03
Iran switches from dollar to euro for its foreign transactions - state media
LONDON (Reuters) - Iran has switched from the U.S. dollar to the euro as its official reporting foreign currency, state media reported on Wednesday.
Posted on : 2018-04-18 15:11:45
Airlines inspecting Boeing 737 engines after fatal Southwest incident
SINGAPORE (Reuters) - Some major customers of Boeing Co's popular 737 jets including Korean Air Lines Co Ltd said on Wednesday they were inspecting engines of the type that blew apart mid-air on a fatal Southwest Airlines Co flight on Tuesday.
Posted on : 2018-04-18 14:48:38
World stocks at four-week highs as earnings rekindle risk appetite
LONDON (Reuters) - Global stocks climbed to their highest in nearly four weeks on Wednesday as strong U.S. first-quarter earnings helped revive risk appetite, driving up equities and hauling the dollar out of its slump.
Posted on : 2018-04-18 14:44:06
Senior bank regulatory official to be named China Huarong chairman - sources
BEIJING (Reuters) - China Huarong Asset Management Co Ltd is set to be helmed by a senior bank regulatory official, who will replace the current chairman under investigation for alleged corruption, two people with knowledge of the matter told Reuters.
Posted on : 2018-04-18 14:10:26
UK inflation cools to one-year low, raising questions over possible Bank of England hike in May
LONDON (Reuters) - British inflation unexpectedly cooled to a one-year low in March, according to figures that may raise doubt over bets that the Bank of England will raise interest rates in May.
Posted on : 2018-04-18 14:09:06
Amazon launches international shopping from United States
(Reuters) - Amazon.com Inc has launched an international shopping feature that will enable customers across the world to shop more than 45 million items that can be shipped to their country from the United States.
Posted on : 2018-04-18 14:00:41
France's Total agrees to buy Direct Energie in $1.7 billion deal
PARIS (Reuters) - Oil major Total said it will buy a majority stake in French electricity retailer Direct Energie in a 1.4 billion euro ($1.73 billion) deal that will make it a major challenger to state-owned market leader EDF.
Posted on : 2018-04-18 13:21:01
Gold snaps three sessions of gains as dollar, equities edge up
BENGALURU (Reuters) - Gold prices slipped on Wednesday after rising for three straight sessions as investors opted for riskier assets, with the dollar holding its gains on the back of upbeat U.S. economic data.
Posted on : 2018-04-18 13:02:16
Oil major Total agrees to buy Direct Energie in $1.7 billion deal
PARIS (Reuters) - French oil major Total said it will buy a majority stake in electricity retailer Direct Energie in a 1.4 billion euro ($1.73 billion) deal that will make it the number two power supplier in France after utility EDF.
Posted on : 2018-04-18 12:21:04
India jet fuel demand to soar as domestic air travel takes off
(Reuters) - An Indian push to connect more cities via airports as an expanding middle class increasingly takes to the skies is set to help propel the country's demand for jet fuel to record highs this year.
Posted on : 2018-04-18 12:18:41
Nifty gains; Sensex set for longest winning run in 10 years
(Reuters) - Indian shares crept higher on Wednesday, set for a 10th consecutive session of wins, buoyed by hopes of strong quarterly results, with consumer staples stocks among top gainers as forecasts of normal monsoon brightened their outlook.
Posted on : 2018-04-18 12:15:14
Global Markets: Asian shares edge higher in step with Wall Street, China lags
SYDNEY (Reuters) - Asian shares crept ahead on Wednesday after Wall Street took heart from upbeat corporate earnings, though nagging concerns about trade barriers and the global growth outlook kept currencies and bonds subdued.
Posted on : 2018-04-18 11:43:24
Oil prices rise on lower U.S. crude inventories, global supply risks
SINGAPORE (Reuters) - Oil prices rose on Wednesday, lifted by a reported fall in U.S. crude inventories and by the ongoing risk of supply disruptions.
Posted on : 2018-04-18 11:26:02
Whiskey sour? China importers fret over U.S. trade battle
SHANGHAI (Reuters) - When spirits dealer Daniel Taytslin brought his first pallet of American Ragtime Rye whiskey into Shanghai in early April, the 672 bottles faced a 5 percent import tariff at China's customs.
Posted on : 2018-04-18 10:41:24
Gold dips after three sessions of gains as dollar, equities edge up
BENGALURU (Reuters) - Gold prices slipped on Wednesday after rising for three straight sessions as the dollar held its gains on the back of upbeat U.S. economic data and equities edged up, whetting investor risk appetite.
Posted on : 2018-04-18 10:29:09
China's Fosun becomes fourth suitor for India's troubled Fortis
(Reuters) - India's cash-strapped Fortis Healthcare Ltd said Fosun International Ltd has offered to invest up to $350 million, making the Chinese conglomerate the fourth suitor aiming to benefit from a government push for better healthcare.
Posted on : 2018-04-18 10:08:00
IBM first-quarter margins miss estimates, shares fall
(Reuters) - International Business Machines Corp posted profit margins that fell short of Wall Street expectations on Tuesday, a sign that its reinvention was taking time.
Posted on : 2018-04-18 09:57:32
  • Live
  • Upcomming
  • Completed