Vedanta case: Court panel extends hearing on smelter re-opening

India's environmental court said it will resume hearing Vedanta Ltd's case on Monday to decide whether to re-open the company's copper smelter, which was closed earlier this year after 13 people died when police fired on prot

Industry News

Huawei CFO arrested: Meng Wanzhou to appear in Canada court as Chinese media slam detention

A top executive of China's Huawei Technologies Co Ltd who is under arrest in Canada is set to appear in a Vancouver court on Friday for a bail hearing as she awaits possible extradition to the United States.

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Amazon targets airports for checkout-free store expansion Inc is looking at bringing its futuristic checkout-free store format to airports in an effort to win business from hungry, time-pressed travelers, according to public records and a person familiar with the strategy

amazon, amazon stores, amazon airports, amazon checkout free stores, airport check out free stores News

Asia shares struggle to rally, oil skids further

Asian shares fought to sustain the slimmest of recoveries on Friday amid speculation the Federal Reserve might be "one-and-done" with U.S. rate hikes, while oil fell anew as producers bickered over the details of an output cu

Markets News

US dollar struggles on lower US yields, US Fed pause talk

The dollar struggled to recover against its key rivals in Asian trade Friday, hobbled by renewed speculation of an imminent pause in the Federal Reserve's tightening cycle, perhaps as soon as it delivers a widely expected rat

Markets News

Crude oil drops as OPEC makes supply cut dependent on Russian support

Oil prices fell on Friday, pulled down by OPEC's decision to delay a final decision on output cuts, awaiting support from non-OPEC heavyweight Russia.

Commodities News

Wall Street extends slide, Dow Jones plunges over 700 points

The S&P 500 and the Dow Jones Industrial Average slipped back into losses for the year on Thursday, as U.S. stocks extended slide on fresh worries over China-U.S. tensions, lower oil prices and tumbling U.S. bond yields.

Markets News

Coca-Cola CEO Quincey to take on chairman role in April

Coca-Cola Co said on Thursday Chief Executive Officer James Quincey would take over the additional role of chairman, succeeding Muhtar Kent who will retire in April next year.

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‘Brexit’ uncertainty poses ‘substantial’ market impact: US regulator

In a statement, CFTC Chairman Christopher Giancarlo urged the EU and Britain to settle terms "in a manner that provides sufficient legal and regulatory certainty" to markets.

World News

Slow train to China: India’s trade ties with Beijing taking time to ripen – Indian exporters concerned over thawing US-China ties

China and India may be talking about improving their trade relationship but there is little action to go with the words.

Economy News

OPEC agrees to cut crude oil output; may decide final figures by Friday

OPEC agreed on Thursday a tentative deal to cut oil output but has not yet come up with a final figure, an OPEC delegate said.

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Global stock plunge: Central European shares fall amid trade war fears

Warsaw led a fall on Central European bourses on Thursday due to gloom and doom on global stock markets amid risk aversion and deep concerns about the impact of the U.S.-China trade war.

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Uber plans return to self-driving cars after 2017 fatal accident

The company in the past unleashed its fleet in autonomous mode on public roads at high speeds, after dark, in areas crowded with pedestrians and with a single backup driver in the front seat.

Car News

SoftBank mobile services disrupted ahead of bumper IPO, shares drop

SoftBank Group Corp's mobile phone services were disrupted in some parts of Japan on Thursday, ahead of an initial public offering (IPO) of its domestic telecoms unit later this month that will potentially raise $21 billion.

Industry News

US dollar dips versus yen as growth concerns shake confidence

The dollar dipped against the safe-haven yen on Thursday amid a spike in risk aversion, as equities continued their retreat on concerns about growth in the world's largest economy.

Markets News

Crude oil prices dip as stock markets slide, but trading tepid ahead of OPEC meeting

Oil prices fell along with weak stock markets on Thursday, but trading was tepid ahead of a meeting by producer group OPEC that is expected to result in a supply cut aimed at draining a glut that has pulled down crude prices

Commodities News

Jet Airways: Etihad in talks with airline, bankers

Jet Airways Ltd and second-largest shareholder Etihad Airways have been holding rescue talks with bankers of the indebted Indian carrier, three people aware of the matter told Reuters on Wednesday.

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JP Morgan targets mid-sized firms in challenge to European banks

Thumbing through a thick binder detailing European mid-sized and family-owned firms, JP Morgan’s Doug Petno has his sights set on a business Europe’s banks have kept to themselves. “This list is heavily cura

JP Morgan targets mid-sized firms in challenge to European banks

Qualcomm Snapdragon 855 processor launched, to power 5G smartphones with advanced AI features

Chip supplier Qualcomm Inc on Tuesday unveiled a new generation of mobile phone processor chips that will power 5G smartphones in the United States as soon as next year.

Industry News

India vs Australia: Australia coach Justin Langer all but confirms Marcus Harris debut

Harris is likely to open the batting with Aaron Finch in the opening encounter of the four-match series.

Sports News

US Dollar stays defensive on Treasury yield curve inversion worry

The dollar trimmed some of its recent losses but remained under pressure on Wednesday, as an inversion in part of the Treasury yield curve raises concerns about a potential U.S. slowdown.

Markets News

Gold pulls back from 5-week high as dollar edges higher

Spot gold was down 0.3 percent at $1,234.71 per ounce as of 0422 GMT, after hitting its highest since Oct. 26 at $1,241.86 an ounce in the previous session. U.S. gold futures were down 0.5 percent at $1,240.2 per ounce.

Markets News

Bumpy ride: More trouble ahead for bruised rupee

India's rupee will weaken over the six next months as uncertainty builds heading into national elections due in May, a Reuters poll showed.

Markets News

Crude oil prices skid amid global stock market slump, swelling US supply

Oil prices fell 1 percent on Wednesday, weighed down by swelling U.S. inventories and a plunge in global stock markets as China's government warned of increasing economic headwinds.

Commodities News

Asian stocks slide as falling US yields, trade worries knock sentiment

Asian stocks slid on Wednesday, dragged down by Wall Street's tumble as sharp declines in long-term U.S. Treasury yields and resurgent trade concerns stoked investor worries about global economic growth.

Markets News

Gold holds firm on weaker dollar

Gold prices held firm early on Tuesday, having hit a more than three-week high in the previous session, as the dollar stumbled after the United States and China agreed to a temporary truce in their trade conflict.

Commodities News

Oil prices extend gains on expected OPEC-led supply cuts

Oil prices rose on Tuesday, extending strong gains from the previous day amid expected OPEC-led supply cuts and a mandated reduction in Canadian output.

Commodities News
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