US Dollar hovers near 2-week high as euro flags ahead of ECB meeting

Higher U.S. bond yields kept the dollar well bid, and though rates were off overnight peaks, traders bet the greenback had more going for it than some of its peers.

Markets News

Oil dips amid weak demand growth, but OPEC-led supply cuts support

Oil prices dipped on Monday amid tepid prospects for growth in fuel demand, but OPEC-led efforts to cut output offered some support.

Commodities News

Gold hovers near five-week lows on firm dollar

Gold hovered on Tuesday near a five-week low touched in the previous session as rising U.S. Treasury yields boosted the dollar, making gold expensive for holders in other currencies.

Commodities News

Asian shares retreat, China cuts growth target

Australian shares dropped 0.6 percent while South Korea's Kospi lost 0.5 percent. MSCI's broadest index of Asia-Pacific shares outside Japan dipped 0.2 percent and Japan's Nikkei dropped 0.3 percent.

Markets News

Zomato to sell UAE business to Delivery Hero, raises additional $105 million in ongoing funding

Info Edge, an online services firm, will own a 26.38 percent stake in Zomato after the deal closes.

Zomato, Zomato to sell UAE food delivery business, naspers, delivery hero, Info Edge, latest news on zomato News

India needs land, labour reform to aid manufacturing-chief economic adviser

The share of manufacturing in the economy has grown just 1.5 percentage points in the last three years to 18 percent, and good exports have shown little sign of a pick up in the last five years.

indian economy, financial sector, manufacturing sector, economic growth rate, Raghuram Rajan, labour reforms, Narendra Modi  News

Asian stocks jump as US, China inch closer to trade deal

Asian shares started the week on the front foot on signs the United States and China were close to striking a tariff deal to end their protracted trade war while the dollar eased as traders wagered Federal Reserve policy woul

Asian stocks jump on signs US, China close to trade deal News

Gold steadies as dollar wilts on Sino-US trade deal hopes

Gold edged up on Monday, after falling below the critical $1,300 level in the previous session, as the dollar dipped on the prospect of a trade deal between China and the United States.

Commodities News

Oil firms as US-China trade deal appears close

Oil prices firmed on Monday as the United States and China were reported to be close to signing a trade deal, ending a tit-for-tat tariff row that has roiled financial markets and clouded the outlook for the global economy.

Oil firms as US-China trade deal appears close News

Wall Street futures jump on US-China trade deal hopes, Asian shares seen higher

U.S. stock futures jumped on Monday on reports the United States and China were close to striking a trade deal after a year-long tariff skirmish while the dollar eased as traders wagered Federal Reserve policy will remain acc

Markets News

US House panel launches probe into possible obstruction by President Donald Trump

Committee Chairman Jerrold Nadler told ABC's "This Week" the panel wanted to get documents from the Department of Justice, the president's son Donald Trump Jr. and Trump Organization chief financial officer Allen Weisselberg,

World News

On brink of Syria defeat, Islamic State unleashes car bombs

Capturing the village in eastern Syria will be a milestone in international efforts to roll back the jihadists, whose self-styled "caliphate" covered roughly one third of Syria and Iraq at its height in 2014.

World News

US wants to know if Pakistan used US-built F-16 jets to down Indian warplane

Pakistan says it did not use F-16s in shooting down an Indian warplane when it crossed the Line of Control that acts as a de facto border in Kashmir.

World News

Britain likely to be forced into Brexit delay if Theresa May’s deal rejected: UK minister

May has promised to bring a revised deal back to parliament by March 12, and if lawmakers reject it they will be given an opportunity to vote to leave without a deal or to extend the Article 50 negotiating period.

Britain, Brexit, Theresa May, UK minister, world, news

Huawei plans billions in dividends for staff despite row with US

China's Huawei is set to reward employee shareholders with a 3 percent rise in cash dividends that are worth billions of dollars, according to company sources and Reuters calculations.

Industry News

SpaceX launches unmanned US space capsule to space station

SpaceX's 16-foot-tall (4.9 meter) Crew Dragon capsule, atop a Falcon 9 rocket, lifted off from Florida's Kennedy Space Center at TK 2:49 a.m. (0749 GMT), carrying a test dummy nicknamed Ripley.

Lifestyle News

Saudi Arabia strips Osama bin Laden’s son of citizenship

He also threatened to target Americans abroad and urged Saudi tribes to unite with Yemen's Al Qaeda in the Arabian Peninsula to fight against Saudi Arabia, it said.

World News

Tata Motors denies reports of Jaguar Land Rover unit stake sale

"There is no truth to the rumours that Tata Motors is looking to divest its stake in JLR," a Tata Motors spokesperson

Jaguar Land Rover, Tata Motors, Jaguar Land Rover unit stake sale, tata motor shares, Jaguar Land Rover unit, Jaguar Land Rover China sales,  Jaguar Land Rover Automotive Plc News

Naresh Goyal agrees to step down as Jet Airways chairman

Jet has been in talks with shareholder Etihad and Indian conglomerate Tata Sons for fresh funds or a stake sale, but sources have told Reuters that any deal would require Goyal to step down, or take a less prominent role.

Industry News

South Korea says it’ll work with North, US to ensure they reach agreement on denuclearisation

A second summit between Donald Trump and Kim Jong Un, in Vietnam, was cut short after they failed to reach a deal on the extent of sanctions relief North Korea would get.

Trump-Kim summit, Donald Trump, Kim Jong Un, North Korea, denuclearisation deal, US, north korea, US led sanctions,  trump kim  Vietnam meet News

Gold hovers near 2-week lows as dollar gains on upbeat US data

Gold steadied on Friday, but held close to its lowest in two weeks, as the U.S. dollar recouped losses thanks to stronger-than-expected U.S. economic data.

Gold hovers near 2-week lows as dollar gains on upbeat US data News

Asian shares slightly higher, US growth lifts dollar, yields

Asian shares inched higher on Friday with broader gains capped by investor caution as concerns about China's economy and global trade weighed on sentiment while stronger-than-expected U.S. GDP data pushed the dollar up.

Markets News

US crude oil output falls in December for first time since May

U.S. crude oil production edged lower in December to 11.85 million barrels per day, its first decline since May, the U.S. Energy Information Administration said in a monthly report on Thursday.

US crude oil output falls in December for first time since May News

US stocks edge downward as Wall Street takes a pause

Wall Street's main indexes fell slightly on Thursday as support from better-than-feared U.S. GDP data was countered by concerns about earnings and U.S.-China trade relations.

US stocks edge downward as Wall Street takes a pause News

Dollar near 10-week high vs yen on upbeat US GDP

The dollar hovered near a 10-week high against the yen on Friday, thanks to a surge in Treasury yields after U.S. gross domestic product data topped expectations.

Dollar near 10-week high vs yen on upbeat US GDP News

Facebook content reviewers complain of low pay, high pressure

Seven content reviewers at Genpact said in interviews late last year and early in 2019 that their work was underpaid, stressful and sometimes traumatic.

Industry News

What does failure of Trump-Kim summit mean for key players in nuclear standoff?

A setback for Trump, a self-styled dealmaker under pressure at home over his ties to Russia and testimony from Michael Cohen, his former personal lawyer who accused him of breaking the law while in office.

Trump-Kim summit, Donald Trump, Kim Jong Un, North Korea, denuclearisation deal, US, north korea, US led sanctions,  trump kim  Vietnam meet News
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