Italy escapes a second rating downgrade a Week After Moody’s

Italy avoided a second rating downgrade in a week as S&P Global Ratings decided only to lower its outlook on the nation’s creditworthiness amid market unease. The move, while less drastic than had been expected, still l

Economy News

Johnson & Johnson loses ruling over patent for prostate cancer drug Zytiga

Johnson & Johnson’s patent on the prostate-cancer drug Zytiga is invalid, a federal judge in New Jersey ruled Friday, clearing the way for generic competitors. The decision was a victory for generic-drug companies inclu

johnson and johnson, industry News

As internet stocks plunge, ‘Old Tech’ finds new friends

When it comes to tech stocks, new isn’t always better.

stocks, stock markets, economy News

IMF board approves $56.3 billion credit line for Argentina

The International Monetary Fund’s executive board approved a $56.3 billion credit line for Argentina.

imf, us, south america, economy News

Qualcomm says Apple is $7 billion behind in Royalty payments

Qualcomm Inc. says its fight with Apple Inc. over how much the chipmaker can charge for essential patented technology used in iPhones and iPads is getting pricey.

Qualcomm , apple, industrial sector, economy News

Massive airbus delivery challenge gets tougher with Rolls delays

Airbus SE has a mighty challenge ahead of it, one that seems to be getting tougher.

airbus se News

China, Japan join hands as Donald Trump’s trade war hits both

After Abe and Chinese Premier Li Keqiang commemorated the 40th anniversary of a peace and friendship treaty on Thursday, the two held formal talks on Friday and oversaw the signing of cooperation agreements between the two go

Economy News

Here are the reasons China’s equity rout is getting even worse

Another hit to sentiment came in the past two days, when quarterly statements showed five funds linked to the Chinese government sold all their stock holdings.

Markets News

Cash crunch, slowing demand hit animal spirits; 5 worrying charts on Indian economy

India’s tight money conditions and fears of a contagion following IL&FS debt crisis dented demand and put a muzzle on animal spirits. These 5 charts show a worrying picture of India's economy,

Indian economy, institutional development, kleptocracy, Public sector, economic problem, opinion News

Two Fed officials remain unfazed by October global stock rout

Two Federal Reserve officials who vote on interest rates this year downplayed the effects on the economy of the rough October for U.S. stocks, saying the market turbulence would have to be sustained to alter their outlook for

Federal Reserve, global stock rout, global stock crash, global stock market, global stock market news

Singapore’s public housing, envy of world, hits rough patch

For decades, the no-frills, affordable apartments have been integral to the city-state’s way of life, helping young couples achieve their dreams of home ownership and housing the bulk of the population -- while providing a

Singapore public housing, Singapore news, public housing news, public housing updates, public housing details, Singapore affordable housing News

Alphabet revenue misses estimates as ad prices decline

Google is shelling out billions of dollars a year to partners including Apple Inc. to distribute its search engine widely.

Alphabet, Alphabet results, Alphabet profit, Alphabet revenue, Google revenue, Google q2 results News

Reprieve for US stocks hits wall on Amazon, Alphabet earnings

Profit results at two of the world’s largest tech companies is a continuation of a mixed U.S. corporate earnings season after strong results from Twitter Inc., Microsoft Corp. and Tesla Inc

wall street, US stock markets, US markets, US share markets, Amazon revenue, Alphabet earnings News

Robots run hotpot kitchen in what companies say is a world first

At the new Haidilao restaurant, robots will take orders, prepare and deliver raw meat and fresh vegetables to customers to plop into soups prepared at their tables.

Robots run, hotpot kitchen, Haidilao International, Panasonic Corp, Alibaba Group, Robots run details News

Trade chiefs say WTO no longer sustainable and needs reform

The ministers plan to evaluate the progress on their reform agenda in January during the WTO’s annual mini-ministerial meeting in Davos, Switzerland.

wto, wto reform, wto trade chiefs, trade ministers wto News

PM Modi’s healthcare hurdle: Educating half-a-billion people about Ayushman Bharat

Prime Minister Narendra Modi’s solution is to tackle the problem at its roots. He is writing letters to 100 million families educating them about the benefits of the program.

Ayushman Bharat, Modicare, Ayushman Bharat scheme, india healthcare scheme, biggest healthcare scheme News

Falling rupee vs US dollar: NRI remittances may rise to all-time high this year

Flows from an estimated 20 million nationals working abroad will help bolster India’s efforts to cap the nation’s current-account deficit.

forex market live update, forex market, currency market live update, रुपया, डॉलर News

Asian stocks lose $5 trillion so far this year with no end in sight

The reasons for the slump in Asia are well known: there’s the U.S.-China trade war, worries about slowing economic and earnings growth, tech shares plunging and rising rates amid Federal Reserve tightening.

Markets News

Pakistan will still seek IMF bailout after Saudi Arabia’s $6 billion support package

Pakistan will still seek an International Monetary Fund bailout even after it secured a $6 billion in financial support from Saudi Arabia.

saudi arabia, saudi arabia pakistan loan, saudi arabia loan to pakistan, saudi arabia 6 billion, pakistan imf bailout, pakistan imf loan, pakistan imf debt, pakistan imf bailout 2018, pakistan imf bailout conditions News

$100 billion foreign funds into India stocks in last decade makes share market vulnerable to outflows

The flow data suggest that India’s Sensex index, which has fallen around 13 percent from a high in late August, may be the most vulnerable to further outflows in the region if global risk aversion worsens.

100% gain: 2 mid-cap stocks that doubled money in just 6 months News

Complan, Glucon-D to become truly Indian! Cadila’s Zydus set to buy iconic brands from Kraft for this much

Kraft Heinz Co. has agreed to sell a portfolio of Indian businesses, including children’s milk drink Complan, to Zydus Wellness Ltd.

Industry News

Taxing Apple, a failed plan? Tim Cook to meet Emmanuel Macron but French Prez has little to show on digital tax

Cook is back in Paris to see Macron Tuesday. But the French president has little to show for his efforts to get Europe to agree on a digital tax.

Cook is back in Paris to see Macron Tuesday. But the French president has little to show for his efforts to get Europe to agree on a digital tax. News

BMW to recall over 1.6 million cars over potential fire risk

The voluntary service action follows a BMW investigation that found coolant could leak from the car’s exhaust recirculation unit. The defect can lead to sparks while driving and cause fires in “in extreme cases,” the Mu

Car News

Indian NBFCs need to repay about Rs 1.2 lakh crore of commercial paper debt in October-December

India’s non-bank financial companies have had a tough few months amid the fallout from defaults by one of their own, conglomerate IL&FS group.

IL&FS, NBFCs, latet news, important news, Securities and Exchange Board of India, News

Jet Airways seeks loan moratorium to ease cash crunch; may lay off more employees

Jet Airways India Ltd. has approached banks for a moratorium on loans and asked for fresh funds to ease a cash crunch, according to people with direct knowledge of the matter, adding to signs the carrier is sliding deeper int

jet airways, jet airways news, latest news, industry news, jet airways, 73.6 billion rupees News

World’s fastest growing economy has the world’s most toxic air

Asia’s largest economy, China, has long had a reputation for smoggy skies. But these days, neighbouring India is fighting the far bigger battle with pollution: The South Asian country is home to the world’s 10 most pollut

India News

Rupee rebound temporary? ING lowers year-end forecast; says these 2 factors weigh

ING Bank NV has lowered its year-end rupee forecast just as the currency is staging a rebound. Prakash Sakpal, an economist at ING in Singapore, lists two key factors that will see rupee -- Asia's worst performing currency th

Forex Market Live, Forex Market, Currency, Currency Market Live Update, Rupee, Dollar, Crude News
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