Brent crude oil prices were near 2015 highs on Tuesday after the unplanned closure of a major North Sea pipeline for repairs, knocking out significant supplies from a market that was already tightening due to OPEC-led production cuts. Brent crude futures (LCOc1), the international benchmark for oil
Asian shares were trying to string together a fourth session of gains on Tuesday as optimism about global growth looked set to outlast an almost certain hike in U.S. borrowing costs this week. The latest ...
Sources told Reuters last week that Disney was in the lead to acquire the assets, which include Fox's FX and National Geographic cable channels, its movie studio, the Star network in India and stake in European pay-TV provider Sky PLC (SKYB.L). The Murdoch family, which controls Fox, prefers a deal
Monsanto Co (MON.N) will give cash back to U.S. farmers who buy a weed killer that has been linked to widespread crop damage, offering an incentive to apply its product even as regulators in several U.S. states weigh restrictions on its use. The incentive to use XtendiMax with VaporGrip, a herbicide
The world's biggest maker of jetliners said the raised dividend and the new buyback programme were not in response to a Republican tax overhaul, which seeks to cut corporate taxes to 20 percent from 35 percent. Other U.S. corporations have said they would use the windfall from the tax overhaul to
U.S. stocks closed higher on Monday as investors prepared for an expected Federal Reserve rate hike later in the week, while stocks rose around the world on continued solid global economic growth indicators. ...
NEW YORK/LONDON (Reuters) - Newly launched bitcoin futures on Monday suggested that traders expect the cryptocurrency's blistering price gains to slow in the coming months, even as it blasted above $17,000 to a fresh record high in the spot market. Chicago-based derivatives exchange Cboe Global
Wall Street indexes closed higher on Monday and the biggest drivers were technology and energy sectors as oil prices rose and investors waited for an expected U.S. Federal Reserve rate hike later in the week. Technology stocks were back in favour with the biggest boost from Apple Inc (AAPL.O) as investors
HSBC (HSBA.L) drew a line under its punishment for lapses in anti-money laundering controls on Monday, saying the U.S. Department of Justice (DoJ) would end its deferred prosecution agreement, lifting the threat of further penalties. Europe's biggest bank paid a $1.9 billion fine and entered into
The chief minister of Germany's state of North Rhine-Westphalia has been elected to the board of the foundation that is the largest shareholder in engineering group ThyssenKrupp (TKAG.DE), it said on Monday. The election for a seven-year term of Armin Laschet, from Chancellor Angela Merkel's
Vijay Mallya’s defence team says Indian media’s coverage of the case raises doubts about a fair trial.
Oil prices rose Monday, reversing earlier declines, after a North Sea pipeline shut for repairs and investors focused on commodities following an explosion in New York. Brent crude futures were up $1.20, or nearly 2 percent, at $64.60 by 12:22 p.m. EST (1722 GMT). U.S. West Texas Intermediate (WTI)
LONDON/BEIJING - China's Nanjing Hanrui Cobalt, which sells the metal to a firm approved by the London Metal Exchange, said it was unable to ascertain that its products did not involve the use of child labour in Africa. Nanjing Hanrui is a supplier to another Chinese company, Yantai Cash, which
New Delhi/Mumbai, Dec 11 (IANS) Automobile companies on Monday said they will hike the prices of their vehicles effective January 1, 2018. According to Tata Motors, it will increase the prices of its entire passenger vehicle range by up to Rs 25,000, starting from January, due to rising input costs.
Volkswagen expects cash outflows of 4-5 billion euros next year in relation to the dieselgate emissions cheating scandal, the carmaker's Chief Financial Officer Frank Witter told journalists on Monday. ...
Rising for the second straight session, the rupee today strengthened by 8 paise to end at a fresh one-week high of 64.37 a dollar on sustained selling of the U.S. currency ahead of key macroeconomic data. The domestic unit largely withstood intense pressure emanating from strong dollar overseas following
A tax overhaul bill passed by the U.S. Senate Finance Committee would lift economic growth enough to generate an additional $1.8 trillion in revenue over 10 years, more than enough to offset revenue lost from a cut in taxes, the Treasury Department estimated on Monday. In a summary analysis of a white
Are you keen to be a Mutual Fund investor? It’s a great idea. One of the best ways to invest in Mutual Funds is through a Systematic Investment Plan – or SIP. Read on to understand it better. The post Still Confused About SIP Investment? A Guide To Help You Sail Through appeared first on BankBazaar -
New Delhi, Dec 11 (IANS) Budget carrier GoAir on Monday announced special fares across select sectors, with tickets starting as low as Rs 1,383, inclusive of taxes. According to the airline, the special ...
Unitech’s appeal against the NCLT order allowing Centre to take over its management to be heard tomorrow.