Reuters•3 hours agoAustralia's Santos rejects $10.8 billion Harbour Energy bid, ends talks
Australia's Santos (STO.AX) on Tuesday ended talks with Harbour Energy and rejected the U.S.-based firm's $10.8 billion takeover offer, saying it undervalued the oil and gas producer as oil prices surge. The decision shocked analysts and leaves Harbour, which had tabled an increased and final
- Reuters•3 hours ago
Trump floats management changes instead of sanctions for China's ZTE
U.S. President Donald Trump on Tuesday floated a plan to fine ZTE Corp and shake up its management as his administration considered rolling back more severe penalties that have crippled the Chinese telecommunications company. Trump's proposal ran into immediate resistance in Congress, where Republicans
Reuters•4 hours agoWall St. slips on U.S.-China trade talk uncertainty; energy falls
U.S. stocks ended lower on Tuesday, weighed down by lingering uncertainty over the outcome of trade talks between the United States and China and declines in energy and industrial shares. President Donald Trump on Tuesday said he was not pleased with recent trade talks between the United States and
Reuters•4 hours agoBrent rises on supply concerns, U.S.-China trade worries weigh
Brent crude prices settled slightly higher on Tuesday after a volatile session in which potential supply concerns surrounding Venezuela and Iran jockeyed with comments from President Donald Trump, who said he was not pleased with U.S.-China trade talks. Brent (LCOc1) futures rose 35 cents to settle
Reuters•5 hours agoWall St. dips on latest U.S.-China comments, European shares rally
Global stock markets tipped downward on Tuesday as Wall Street investors locked in recent gains while taking a cautious view of fresh U.S.-China comments even as European shares approached four-month peaks ...
- Firstpost•5 hours ago
Dodd Frank law on its way out as US Congress nears dismantling of post-crash bank rules
Congress was taking a final step Tuesday toward dismantling a chunk of the rules framework for banks installed to prevent a recurrence of the 2008 financial crisis that brought millions of lost jobs and foreclosed homes.
- Reuters•5 hours ago
U.S. Senate panel OKs bill to tighten foreign investment oversight
The U.S. Senate Banking Committee voted on Tuesday to approve a bill that would tighten oversight of foreign investment to slow China's acquisition of sensitive U.S. technology. The House Committee on Financial Services is slated to consider a version of the measure on Tuesday. The two chambers
Reuters•6 hours agoAt least nine dead after police fire on protesters at Indian copper smelter
At least nine people were killed in India's Tamil Nadu state on Tuesday when police fired at violent protesters calling for the closure of a copper smelter run by Vedanta Resources, authorities said. The state's chief minister, Edappadi K. Palaniswami, said police had been forced to act after
- Bloomberg Quint•6 hours ago
IOC Working To Steady Indian Oil Imports As U.S. Exits Iran Deal
IOC is working on alternative strategies for crude oil purchases to offset potential cut in imports from Iran.
- NewsBytes•6 hours ago
Is the net finally closing in around Nirav Modi?
The Enforcement Directorate has provisionally attached Rs. 170cr worth of assets belonging to Nirav Modi in connection with the Rs. 13,400cr PNB scam.Meanwhile, the CBI is likely to approach Interpol for a red corner notice against Nirav Modi and Mehul Choksi for bringing them back to face trial.Modi
- Bloomberg Quint•6 hours ago
Stocks To Watch: Cipla, Grasim, HPCL, Jet Airways, Tata Motors
Stocks to watch in tomorrow’s trade.
- Moneycontrol•6 hours ago
SRH vs CSK IPL 2018 Match Report: ‘Faf’-ulous du Plessis takes Chennai to 7th IPL final
du Plessis helped Chennai recover from 62/6 to chase down 140 to win the last over thriller.
- Bloomberg Quint•7 hours ago
SGX’s New Contracts Disregard Intellectual Property Rights, Says NSE
NSE’s petition accuses Singapore exchange of blatant disregard of intellectual property rights.
Reuters•7 hours agoGold steadies as dollar rally comes off the boil
NEW YORK/LONDON (Reuters) - Gold steadied just above a 2018 low on Tuesday as the U.S. dollar fell from a five-month high, although risk appetite in the broader financial markets kept the metal's gains in check. The dollar lost momentum after a rally sparked by rising U.S. bond yields and the prospect
- Bloomberg Quint•7 hours ago
Gunning Down Of Protesters In Tamil Nadu Is State Sponsored Terrorism, Says Rahul Gandhi
Death of protesters in Tuticorin is a brutal example of state sponsored terrorism, says Rahul Gandhi.
- News18•7 hours ago
Facebook's Mark Zuckerberg Apologises to European Union Over Massive Data Leak
Zuckerberg agreed to meet leaders of the European Parliament to answer questions about how political consultancy Cambridge Analytica improperly got hold of the personal data of 87 million Facebook users
- IANS•8 hours ago
Passenger 'charter' promises relief from cancellation levy, compensation for delays
New Delhi, May 22 (IANS) Domestic air passengers will soon be able to avail refunds, along with additional compensation for delays, lost baggage and some relief from cancellations charges, as the government on Tuesday put in the public domain a new 'passenger charter' for eliciting comments,
- ANI•8 hours ago
Task force gets deadline extension to present report on tax laws
New Delhi [India], May 22 (ANI): The Central Board of Direct Taxes (CBDT) on Tuesday announced a three-month extension for the special task force, constituted to review the existing tax laws and suggest necessary modifications. An official notice from the CBDT highlighted that the task force will now
- Bloomberg Quint•8 hours ago
BJP Chief Amit Shah Says Solution To Rising Oil Prices Likely In 3-4 Days
BJP president says government will soon announce measures to deal with rising fuel prices.
- India Today•8 hours ago
At EU hearing Zuckerberg admits Facebook has not done enough to prevent misuse
Zuckerberg said he was sorry for not doing enough to prevent abuse of the platform.
- Bloomberg Quint•8 hours ago
Bharat Forge Expects Growth Momentum To Continue This Year
The auto components manufacturer will be spending Rs 609 crore in the current financial year.
- Moneycontrol•8 hours ago
JM Financial Credit Solutions to raise Rs 750 cr via NCDs
Non-banking financial company, JM Financial Credit Solutions said it will raise up to Rs 750 crore by issuing bond next week.
