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    1. Business News
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    3. reuters

    Reuters

    SoftBank Group to book 1.2 trillion yen profit on sale of Alibaba shares

    The sale dates from 2016 when SoftBank sold part of its Alibaba stake via derivatives to fund its acquisition of…

    By Reuters
    June 4, 2019 12:50 IST
    House prices are expected to rise 2.5% next year and 3.8% in 2021, well below the projected pace of consumer price inflation for those periods. (Reuters image)
    India’s moribund housing market stuck in low gear: Reuters poll

    A regional breakdown of the latest Reuters poll data showed Delhi and Mumbai, India’s two most populous cities, will not…

    By Reuters
    June 4, 2019 10:57 IST
    The RBI had retained its "neutral" stance after the rate cut in April
    RBI seen cutting rates by at least 25 bps, may turn ‘accommodative’ after dismal GDP

    Beginning a three day review on Tuesday, the Reserve Bank of India’s six-member monetary policy committee (MPC) can draw comfort…

    By Reuters
    June 4, 2019 10:48 IST
    Donald Trump at Buckingham Palace (Twitter image)
    Donald Trump turns to Brexit and Huawei as protests planned in London

    Trump brings demands for the United States’ closest ally in Europe, including calls by his envoys for a tougher British…

    By Reuters
    Updated: June 4, 2019 12:14 IST
    Spot gold was up 0.1% at $1,326.49 per ounce by 0136 GMT, after touching its highest since Feb. 27 at $1,327.90 on Monday.
    Gold holds near 3-month peak as trade fears boost safe-haven demand

    Gold prices rose on Tuesday, holding near a more than three-month high hit in the previous session, as worries over…

    By Reuters
    June 4, 2019 07:34 IST
    But Japan's Nikkei gave up early gains to turn down 0.29%. (Representative image)
    Asian shares edge up but growth worries cap gains

    Investor focus has shifted to monetary policy this week with Australia’s central bank all but certain to cut interest rates…

    By Reuters
    June 4, 2019 07:17 IST
    U.S. West Texas Intermediate (WTI) crude futures were at $52.94 per barrel, down 31 cents, or 0.6%.
    Oil prices fall amid economic slowdown, despite ongoing OPEC supply cuts

    Crude oil futures are now around 20% below their 2018 peaks reached in late April.

    By Reuters
    June 4, 2019 06:29 IST
    The dollar index against a basket of six major currencies was steady at 97.220 after shedding 0.6% the previous day.
    Dollar on defensive as US bonds surge on Fed rate cut prospects

    The dollar traded little changed at 108.045 yen after brushing 107.885 overnight, its lowest since early January.

    By Reuters
    June 4, 2019 06:24 IST
    11 of the World’s hottest places are in India: Report

    Of the 15 hottest places in the world in the past 24 hours, eight were in India with the others…

    By Reuters
    June 3, 2019 20:15 IST
    Modi wave, modi news, modi wave 2019, modi wave in india, modi wave 2.0, modi wave 2014, lok sabha elections 2019
    Why the ‘giant Modi wave’ came as a surprise for many

    The assessment by Reuters’ correspondents was that he was going to win with reduced support from voters and might need…

    By Reuters
    June 3, 2019 17:29 IST
    World Cup 2019: Ahead of India clash, former South African great says side can’t afford any more mistakes

    These are the best sides in the world and they’ll always punish you

    By Reuters
    June 3, 2019 16:55 IST
    Fiat-Chrysler submits amended offer for Renault merger to persuade French government

    The French Government, an important shareholder in Groupe Renault highlighted concerns regarding the merger offer from FCA regarding the security…

    By Reuters
    June 3, 2019 12:36 IST
    Jet, which halted operations on April 17 after running out of cash, had a market share of around 12 percent on international flights (Reuters File photo)
    Collapsed Jet Airways’ ex-partners, rivals scramble to fill India capacity void

    Former partners and rivals of Jet Airways Ltd are launching replacement routes and looking for new codeshare partners as they…

    By Reuters
    June 3, 2019 10:07 IST
    U.S. gold futures rose 0.4% to $1,314.40 an ounce.
    Gold hits 2-month high as recession worries drive safe-haven demand

    Gold prices rose on Monday to their highest in more than two months, with investors seeking refuge in safe-haven assets…

    By Reuters
    June 3, 2019 07:30 IST
    More than 200,000 people have fled the violence in Idlib since the strikes began at the end of April, according to the United Nations. (AP Photo/ File)
    Donald Trump calls on Russia, Syria to stop bombing Idlib province

    Turkish President Tayyip Erdogan has long complained to Moscow about the Russian-backed Syrian government strikes against rebels who control the…

    By Reuters
    June 3, 2019 07:26 IST
    In oil markets, U.S. crude futures dropped 1.6% in early trade to $52.64, touching their weakest levels since mid-February. (File photo)
    US stock futures, oil slide as trade wars stoke global recession fears

    Tensions between the United States and China escalated during the weekend as the two countries clashed over trade, technology and…

    By Reuters
    June 3, 2019 06:56 IST
    Brent crude oil prices have dropped almost 20% from their 2018-peak in late April.
    Oil prices extend drop as trade wars stoke global economic fears

    The drops followed price slumps of more than 3% on Friday, which made May the worst-performing month for crude futures…

    By Reuters
    June 3, 2019 06:28 IST
    Explained: Why Google has a target on its back in Washington

    In a 2017 deal with the EU, Google agreed to pay $2.7 billion to resolve claims it unfairly steered business…

    By Reuters
    Updated: June 3, 2019 00:35 IST
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    Latest News

    Helios Flexi Cap Fund: A high-risk, high return proposition

    Why Warren Buffett avoids IPOs and what it means for the Lenskart IPO. (This is an AI generated image)

    Lenskart’s ₹70,000 cr IPO: A ‘Stupid Game’ Buffett Would Avoid?

    Super investor eyes turnaround in two underperforming stocks. (Image Source: Canva)

    A super investor is buying these 2 stocks with declining profits. Here’s why.

    FIIs double down on select Indian stocks sespite Q2 sell-off

    FIIs sold Rs 76,609 crore, but quietly bought these 3 stocks instead

    Trent share price Jefferies target cut Tata retail stock

    Trent’s Q2 show falls short of expectations as competition rises

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