Ford to close Wales engine plant as UK car industry’s decline continues

Ford is making cuts in several markets to turn around loss-making operations and has also repeatedly warned the British government that it needs free trade to be maintained with the European Union after Brexit.

Car News

World Cup 2019: Pressure-free Pakistan ready to deliver against Sri Lanka

Pakistan vs Sri Lanka: After a crushing seven-wicket defeat by West Indies in their tournament opener, former champions Pakistan beat hosts England by 14 runs in a high-scoring contest at Trent Bridge.

Pakistan vs Sri Lanka, World Cup 2019, pakistan vs sri lanka live score News

Oil prices extend gains, climb further away from 5-month lows

Oil prices rose more than 1% on Friday, climbing further away from five-month lows hit earlier in the week after a report that Washington could postpone trade tariffs on Mexico and amid signs that OPEC and other producers may

Commodities News

Asia shares dazed by trade uncertainty, US jobs risks

Asian share markets dithered on Friday as investors waited for concrete signs of progress in the U.S.-Mexican trade standoff, while bracing for a U.S. jobs report that could sway the course of interest rates there.

Markets News

Huawei CFO Meng Wanzhou’s extradition hearing to begin in January 2020

Huawei Chief Financial Officer Meng Wanzhou will challenge her extradition to the United States on fraud charges at hearings set to begin Jan. 20, 2020, court records showed, after her legal team appeared before a Canadian ju

World News

Global markets: Stocks, oil jump amid optimism over Mexican tariffs delay

Major world stock indexes and oil prices jumped on Thursday as investor optimism grew following a report that the United States is considering a delay in imposing tariffs on Mexican imports.

Markets News

US President Donald Trump to take China tariffs decision “right after G20”

While Trump said on Thursday that talks with China were ongoing, no face-to-face meetings have been held since May 10, the day he sharply increased tariffs on a $200 billion list of Chinese goods to 25%, prompting Beijing to

Economy News

2026 तक Ola-Uber के बेड़े में इलेक्ट्रिक गाड़ियां, मोदी सरकार बना रही नियम

पीएम मोदी की अगुआई में नीति आयोग कई मंत्रालयों के साथ मिलकर नई पॉलिसी पर काम कर रहा है.

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Shocking! Mount Everest turning into a frozen graveyard, top mountaineer explains why

Stepping over long-dead bodies of frozen climbers as he sought to reach the summit of Everest was something for which Nick Hollis was mentally prepared.

Lifestyle News

Trade tensions flare sours rate hope rally

German bond yields plumbed new record lows on Thursday and U.S. treasury yields resumed their fall as renewed trade tensions doused a rally fuelled by hopes for more central bank stimulus ahead of a European Central Bank meet

US President Donald Trump. (Reuters File photo) News

Trump threatens China with further $300 billion of tariffs

U.S. President Donald Trump threatened to hit China with "at least" another $300 billion of tariffs but said he thought both China and Mexico wanted to make deals in their trade disputes with the United States.

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Indian rupee outlook worsens on trade war, growth risks

The Indian currency will fall further against the U.S. dollar over the next 12 months than previously thought, hit by slowing growth momentum and an escalating global trade war that has recently threatened to engulf India, a

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Asia markets cautious as Donald Trump presses Mexico on trade

MSCI's broadest index of Asia-Pacific shares outside Japan dipped 0.01% in sparse early trade. Japan's Nikkei dithered either side of flat, while E-Mini futures for the S&P 500 eased 0.1%.

Markets News

Oil stutters at over 4-month low on rising US supply, demand fears

Amid surging output, U.S. commercial crude oil inventories surged by 6.8 million in week to May 31, to 483.26 million barrels, their highest levels since July 2017.

With supply ample despite the OPEC-led cuts, much will depend on demand. News

Change of guard: How will Britain’s Conservative Party choose PM Theresa May’s successor?

Theresa May will resign as the party's leader on June 7, having failed to deliver Brexit on schedule or find a way to get parliament to approve her exit plan.

Theresa May's announcement does not trigger a parliamentary election. (Reuters Photo) News

Dollar hovers near 7-week low as Fed officials open door for rate cut

Rate cuts by some central banks in recent weeks could potentially signal the start of a global monetary easing cycle to stave off a sharper economic downturn.

The dollar index against a basket of six peers barely budged, moving up 0.03% at 97.105 News

Oil prices fall after surprise build in US inventories

Oil prices have fallen sharply on fears about slowing global demand, but won a respite on Tuesday after a global stock market rally on hopes of a cut in U.S. interest rates.

Markets News

Apple emphasises privacy in new sign-in tool that uses Apple ID

Apple Inc on Monday launched a "Sign In With Apple" function to rival Facebook and Google web login accounts, drawing a contrast with rivals by stressing protection of users' information.

Industry News

India’s May gold imports jump 49% on demand during Akshay Tritiya festival

India's gold imports in May jumped 49% from a year earlier to 116 tonnes as a correction in local prices during a key festival boosted retail demand, a government source said on Tuesday.

Commodities News

Bulgaria sees F-16 jet deal with US at $1.2 billion

European Union and NATO member Bulgaria is looking to replace its ageing Soviet-made MiG-29s and improve compliance with NATO standards.

The expected price comes above the initial estimate for the deal at 1.8 billion levs (Reuters File photo) News

President Tayyip Erdogan says Turkey committed to Russian missile defence deal

Speaking to reporters after morning prayers, Erdogan also said an offer from the United States to sell Patriot missiles to Turkey was not as good as the Russian offer.

Turkey's deal to buy the Russian S-400s, which could be delivered within weeks, has alarmed Washington and Turkey's other Western NATO allies (AP File photo) News

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 British chip designer ARM.

Markets News

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 contribute much to property price growth.

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) News

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 from subdued inflation. Running at 2.92 % annually in April, it has stayed below the medium term

The RBI had retained its "neutral" stance after the rate cut in April News

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 stance towards telecoms giant Huawei Technologies Co Ltd .

Donald Trump at Buckingham Palace (Twitter image) News

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 a global recession due to trade conflicts drove investors to find refuge in safe-haven assets.

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. News
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