Netflix jumped 11 percent to a life-high of $257.71 after the video-streaming pioneer beat Wall Street targets for new subscribers in the fourth quarter. The stock provided the biggest boost to the Nasdaq. Travelers was the biggest gainer on the Dow, rising 4.7 percent after the property and casualty
Britain is still working to agree a transitional agreement on exiting the European Union, Prime Minister Theresa May's spokesman said on Tuesday, after a report by The Independent that a deal had been ...
SEOUL/BEIJING (Reuters) - China and South Korea condemned steep import tariffs on washing machines and solar panels imposed by U.S. President Donald Trump, with Seoul set to complain to the World Trade Organization (WTO) over the "excessive" move. Europe also said on Tuesday it regretted the
WASHINGTON/LOS ANGELES (Reuters) - U.S. President Donald Trump slapped steep tariffs on imported washing machines and solar panels on Monday, giving a boost to Whirlpool Corp and dealing a setback to the renewable energy industry in the first of several potential trade restrictions. The decisions in
Rupert Murdoch's $15.7 billion takeover of European broadcaster Sky should be blocked unless a way is found to prevent the media tycoon from influencing the network's news output, Britain's competition regulator said. The initial ruling complicates a separate plan by Walt Disney Co to buy
The bank joined several other U.S. corporations that have already announced spending plans following President Donald Trump's tax overhaul that is expected to kick-start economic growth in part by offering incentives for capital investment. Laying out the most explicit use of tax savings announced
India should be getting foreign investment from a position of strength, veteran banker Uday Kotak says.
Lufthansa faces possible strike action after a union threatened on Tuesday to call walkouts if the next round of wage talks for around 33,000 service staff fails to yield results. Citing record profits at the German airline, the Verdi union is calling for a 6 percent pay increase for 12 months for workers
Eleven countries aiming to forge a Asia-Pacific trade pact after the United States pulled out of an earlier version will sign an agreement in Chile in March, Japan's economy minister said on Tuesday, in a big win for Tokyo. Trade officials had been meeting in Tokyo to resolve rifts including Canada
European Union finance ministers agreed on Tuesday to remove eight jurisdictions, including much-criticised Panama, from the bloc's blacklist of tax havens, one month after the list was set up. Barbados, Grenada, South Korea, Macao, Mongolia, Tunisia and the United Arab Emirates joined Panama as
Prime Minister Narendra Modi mounted a defense of globalization at the World Economic Forum on Tuesday, urging joint action on climate change and economic cooperation, in a speech some delegates took as a swipe at U.S. President Donald Trump's America First agenda. Modi, making the forum's first
United Spirits Ltd, India's largest liquor company, posted about 9 percent fall in third-quarter profit on Tuesday and missed estimates, hurt by higher marketing investment. The company, majority-owned ...
New Delhi, Jan 23 (IANS) The government has put in place policies and structures to make India a global hub of electronics manufacturing and LAVA's 'Design in India' initiative is a key milestone in that direction, Union Law Minister Ravi Shankar Prasad said here on Tuesday. Domestic smartphone
Former motor racing champion Niki Lauda has won the bidding for the Niki airline he founded, convincing the insolvent carrier's administrators in marathon talks and undoing an agreed deal with British Airways owner IAG. The previously agreed sale of Niki to IAG fell through after two courts ruled
New Delhi, Jan 23 (IANS) Reliance Jio will offer a lower entry price-point of Rs 98 for free voice and unlimited data for 28 days as part of its "Jio Republic Day Offer" available from January ...
Carrefour is to cut jobs, boost ecommerce investment and seek a partnership in China with Tencent in the face of competition from Amazon, sending its shares higher on Tuesday. Alexandre Bompard, who took over as CEO in July, is trying to overhaul Carrefour's French hypermarket business as well as
Mumbai, Jan 23 (IANS) Extending gains for the fifth consecutive session, the key Indian equity indices on Tuesday rode the bulls and escalated to record highs with the BSE Sensex closing above the 36,000-mark ...
SINGAPORE/BERLIN (Reuters) - U.S. President Donald Trump's decision to slap tariffs on solar panel imports is a blow to a booming global industry, and hit stocks in European and Asian solar groups on fears their business might suffer. Although the move was intended to help American manufacturers
Mumbai, Jan 23 (IANS) Reliance Energy has acquired six cars and 12 two-wheelers for its operational activities as part of its commitment to protect the environment by reducing air pollution, an official said here on Tuesday. The fleet will replace 18 of its internal combustion engine (ICE) vehicles
World stocks hit another all-time high on Tuesday, as relief at a temporary U.S. government funding deal boosted already sky-high confidence about global growth and corporate earnings. New records in Asia and then a solid start for Europe's major bourses ensured it was a 12th high of the year for
Singapore's anti-corruption watchdog said it is reviewing the country's primary anti-graft law. The review is taking place in the wake of high-profile revelations of criminal wrongdoing at companies in the city-state, though a spokeswoman for the island-state's Corrupt Practices Investigation
New Delhi, Jan 23 (IANS) A rally in global crude oil prices pushed petrol prices in the national capital to an over three-year high level on Tuesday. Petrol prices rose to the over three-year high level of Rs 72.23 per litre on Tuesday from Monday's Rs 72.08 per litre. According to data from IndianOil
AirAsia, which operates close to 200 airplanes and is one of Airbus SE's biggest customers, has airlines in Malaysia, Thailand, Indonesia, the Philippines, India and Japan and plans to grow in China and Vietnam. "We've been able to get the Philippines and Indonesia really rocking, turning
Microsoft could lose billions of dollars if it chooses to curb its sales in Russia due to U.S. sanctions, communications minister Nikolai Nikoforov was quoted by Russian news agencies as saying on Tuesday. Reuters reported on Monday that two of Microsoft's official distributors in Russia imposed