Bloomberg

Sushruth Sunder is an emerging business journalist who works for Financial Express Online. He has a keen interest in a wide variety of subjects such as stock markets, mutual funds, industry trends, economy, brands, marketing and management. Apart from doing his masters in Financial Management, he is also a CFA Level 3 candidate.

After Arcelor Essar Steel bid win, billionaire Lakshmi Mittal eyes grand India foray

Arcelor, controlled by billionaire Lakshmi Mittal, will now begin final negotiations with creditors, the Luxembourg-based producer said in a statement.

Arcelormittal challenges essar bid rejection News

India’s top hedge fund has stopped hoarding cash and started buying shares again

The intensity of selling for the S&P BSE Sensex Index last week hit levels not seen since the height of the 2008 financial crisis.

hedge fund, Avendus Capital, hedge fund news, Avendus Capital news, cash hoarding News

Japan’s biggest bank CEO joins exodus from Saudi business forum

Mike, who was scheduled to speak at the event, becomes the latest top official to cancel after Saudi journalist Jamal Khashoggi, a critic of the country’s leadership, was killed inside its Istanbul consulate.

Industry News

Why the kingpins who looted South Africa may get off the hook

Skepticism is mounting that the alleged masterminds of South Africa’s biggest-ever embezzlement of state funds will ever be held to account.

World News

Ex-Deutsche trader charged by UK in Euribor manipulation case

Hauschild’s next hearing will be on Oct. 24 at Southwark Crown Court, the SFO said in its statement.

Industry News

Facebook’s biggest boondoggle is hyping video

There’s no question that people watch videos, and that the social networks’ push in that direction has mattered. For a 2017 paper, Antonis Kalogeropoulos of the Reuters Institute for the Study of Journalism at Oxford Univ

Industry News

Jamal Khashoggi saga deepens enigma of Saudi Arabia ‘Black-Box’ stocks

Some fund managers say accessing information about Saudi stocks or companies isn’t easy, sometimes near impossible.

World News

Saudi Arabia crisis shows Wall Street struggle between ethics and cash

Now Fink’s BlackRock Inc., overseeing more than $6 trillion of other people’s money, is facing a comparable challenge, stuck between conscience and the implacable demands of the bottom line.

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Brexit uncertainty slashes investment in 8 in 10 UK businesses

Four-fifths of U.K. companies have cut or withheld investment because of the uncertainty caused by Brexit, Britain’s biggest business lobby said.

Brexit, UK Businesses, Brexit investment, European Union, Britain, world news

Australian government vows to see out term after poll blow

Australia’s government said it will see out its full term after suffering a voter backlash in a special election in Sydney on Saturday that looks set to cost the conservatives their one-seat majority in parliament.

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WhatsApp bans over 100,000 accounts in Brazil election

WhatsApp banned hundreds of thousands of accounts in Brazil as the Facebook Inc messaging service struggles to contain spam, misinformation and political shenanigans ahead of a runoff election in Latin America’s largest cou

whatsapp, brazil, brazil election News

Forbes listed Africa’s youngest billionaire Mohammed Dewji returns home after 9 days of abduction

Mohammed Dewji, listed by Forbes as Africa’s youngest billionaire with a net worth of $1.5 billion, thanked Tanzanian authorities for his safe return, the Mo Dewji Foundation said early Saturday on Twitter.

Forbes listed Africa's youngest billionaire Mohammed Dewji returns home after 9 days of abduction News

Refiners slump as Donald Trump looks to slow-roll shipping rules

The Trump administration is seeking to slow the implementation in 2020 of tighter fuel restrictions on the global shipping industry.

Industry News

Australia’s Morrison loses majority as independent claims win

The massive swing against the governing Liberal party is a blow to Prime Minister Scott Morrison, weakening his government before national elections due by May.

World News

Russia-linked bots used US startups to meddle in election

The majority of Russian-linked bot content dispersed via IFTTT contained a hyperlink redirecting readers to other websites and blogs, most of which have either been removed or no longer exist, according to the Twitter data.

World News

US, China agree to Asia defense rules to avoid air crashes

Defense chiefs from the U.S. and China agreed in principle to guidelines on encounters between warplanes, in the latest bid by Pacific nations to keep increased military activity from escalating into conflict.

World News

China’s growth dragged down by construction, bolstered by tech

Construction and manufacturing were the main drags for China’s slower-than-expected third-quarter economic growth while technology offered some support, supplementary data released Saturday show.

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China issues draft plan to further cut household tax burden

China released a detailed draft plan for personal income tax cuts on Saturday, as the nation’s economic growth slowed to the weakest pace since the aftermath of the global financial crisis in 2009.

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Major WTO showdown looks harder to avoid as US, China, EU spar

The U.S., China and the European Union moved a few steps closer to a major clash at the World Trade Organization that risks testing the global trade referee’s neutrality and President Donald Trump’s patience for an instit

world news, latest news, important news, trending news, news today, news update, news now, news today, news latest News

Brexit deadlock may make ECB reticence on risks hard to sustain

The European Central Bank’s prospects for gradually weaning the economy off monetary support could yet be tested by a big unknown its officials don’t mention much: a disorderly Brexit.

european central bank, latest news, important news, trending news, news now,news update, latest news today, brexit News

Carney says Brexit stress tests for banks `severe but plausible’

U.K. banks are prepared to withstand more than just Brexit, according to Bank of England Governor Mark Carney.

BREXIT, brexit news, world news, latest news, important news, trending news, news today, news, google news, news now News

Khashoggi Spent Last Years of His Life Looking Over His Shoulder

Jamal Khashoggi, whose murder at the hands of his native Saudi Arabia has caused an international outcry that threatens to undermine the kingdom’s powerful young leader, knew he was a marked man.

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Swiss Army to Get Slice of Knifemaker’s Profit

The fight on whether the Swiss army or the company that makes the country’s famous pocket knives gets to profit from selling goods branded as “Swiss Military” has been settled.

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U.S. Suspends Another Military Exercise to Aid North Korea Talks

The U.S. is suspending another military exercise with South Korea to aid negotiations over North Korea’s nuclear program that President Donald Trump has said should “soon” result in another summit with Kim Jong Un.

TRUMP, NORTH KOREA, latest news, important news, trending news, news today, news now, news update, saturday morning news, saturday, news day News

Saudis Say Khashoggi Killed as King Removes Top Officials

Saudi Arabia admitted that a journalist and government critic was killed at its consulate in Istanbul, offering an explanation that distanced the royal family from a case that has sparked global outrage and roiled the kingdom

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U.S. Aids Recovery of 1639 Dutch Painting Taken by Hitler

U.S. prosecutors are trying to help the heirs of a once-prominent Jewish art collector recover a 1639 painting by a Dutch artist that was seized by the Nazis during World War II and ended up in Adolph Hitler’s personal coll

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Russia-Linked Bots Used U.S. Startups to Meddle in Election

Operatives behind Russian-linked bots used tools from U.S. startups, including IFTTT Inc., to supercharge social-media misinformation campaigns and meddle in elections.

russia, bloomberg, latest news, important news, trending news, russian news, russian bots, robots, us news, world news, important world news, News
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