- Reuters•20 minutes ago
Activist Investor RBR Capital Advisors presses for Credit Suisse break-up
Activist investor RBR Capital Advisors has launched a campaign to break up Credit Suisse after building up a small stake in Switzerland's second biggest lender. RBR, which is led by Rudolf Bohli, wants to divide Credit Suisse into an investment bank, an asset management group and a wealth manager
- Reuters•22 minutes ago
Risk premium returns to oil over Iraq fighting, rising US-Iran tensions
A risk premium has returned to oil markets, boosting global prices as escalating fighting in Iraq threatens supplies while political tensions loom between the United States and Iran. After months of range-bound trading during which OPEC-led supply cuts supported crude prices but rising U.S. output capped
- Reuters•57 minutes ago
Global Markets: Oil elevated as Iraq tensions escalate, Asian shares hold firm
Oil prices clung to this month's high on Tuesday after Iraqi forces seized the oil-rich city of Kirkuk from largely autonomous Kurdish fighters while Asian shares held firm on optimism about upcoming earnings. Short-term U.S. bond yields and interest rates jumped after a report U.S. President Donald
- Bloomberg Quint•1 hour ago
BJP’s Declared Assets Increased By 627% in 10 Years: ADR Report
The assets and liabilities of India’s political parties.
- Reuters•1 hour ago
Sensex, Nifty inch up; key corporate results awaited
Indian shares were little changed on Tuesday after hitting record highs in the previous session, as investors turned cautious ahead of key corporate results and as profit booking in index heavyweights such as Reliance Industries Ltd and Tata Motors Ltd capped gains. India's third-largest software
- IANS•1 hour ago
ATM malware has evolved to attack banks' corporate network: Report
Bengaluru, Oct 17 (IANS) ATM malware has evolved from requiring physical access to infect the machines to now successfully attacking network-based access using the bank's corporate network, a new report ...
- Reuters•2 hours ago
Australia shuns clean energy target in policy overhaul
Australia's government on Tuesday rejected calls to set a clean energy target, instead scrapping aid for renewable projects and adopting a fuel-neutral energy policy that it said could keep the country's lights on and cut power prices. Prime Minister Malcolm Turnbull won support from his Conservative
- Reuters•2 hours ago
Newest outpost for U.S. crude exports: India
NEW YORK/NEW DELHI (Reuters) - India is set to emerge as a key market for American crude exports in coming months, as refineries in that country are ramping up "test" purchases of U.S. grades to diversify their imports. U.S. exports recently set a weekly record with nearly 2 million barrels
- Reuters•3 hours ago
Habitual cheat: Kobe Steel faked product data for more than 10 years - source
At embattled Kobe Steel Ltd falsification of data on products went on for more than a decade, a source with knowledge told Reuters, deepening a scandal that has sliced off about $1.6 billion off its market value in just over a week. Japan's No.3 steelmaker is still trying to nail down the extent
Reuters•3 hours agoRio Tinto iron ore shipments climb on rail upgrade, on track for annual target
Global miner Rio Tinto on Tuesday said it had lifted its third quarter iron ore shipments by 6 percent after modernizing its haulage railway in Australia's outback, but cut its production target for copper due to delays at a major mine in Chile. Rio Tinto, which competes with Vale SA and BHP Billiton
- Reuters•3 hours ago
OPEC compliance with oil output cut deal at 86 percent - IEA head
The Organization of Petroleum Exporting Countries (OPEC) has a compliance rate with their output cut pledges of about 86 percent, Fatih Birol, the executive director of the International Energy Agency (IEA), said on Tuesday. "Their compliance is about 86 percent, higher than in the past... whether
- Reuters•3 hours ago
Airbus takes control of Bombardier CSeries in rebuff to U.S. threat
MONTREAL/PARIS (Reuters) - Airbus SE agreed on Monday to buy a majority stake in Bombardier Inc's CSeries jetliner program, grabbing control of a struggling competitor at the second attempt and giving the Canadian plane-and-train-maker an unexpected boost in its costly trade dispute with Boeing Co
- Bloomberg Quint•3 hours ago
Prime Focus Jumps 20% As Motilal Oswal Rates Stock As New ‘Buy’
Prime Focus jumps most since January 2015 as Motilal Oswal initiates coverage.
- Bloomberg Quint•3 hours ago
HDFC Securities Sees 36% Upside To Strides Shasun
HDFC Securities initiated ‘Buy’ rating, with a target price of Rs 1,200.
- Yahoo India Finance•3 hours ago
Coming this festive season: smartphones under Rs 15,000
Diwali is knocking at the door. Mobile phone manufacturers have lined up launches of a series of new smartphones to cash in on the festive mood. Here’s a list of phones that will be launched between Diwali and New Year season. The phones have unique features like 4G technology, 3GB and above RAM, 12
- Bloomberg Quint•4 hours ago
Why India’s Love Affair With Gold Is Here To Stay
While the short-term pain is not over yet, the yellow metal will continue to glitter in the long run.
- Bloomberg Quint•4 hours ago
Sales Drop 40% Days Ahead Of Diwali, Says Traders Body
Demonetisation and GST dampen festive season for retailers, says a CAIT note.
- Bloomberg Quint•4 hours ago
Live: Sensex, Nifty Trade In Narrow Range; Bharti Airtel At 8-Year High
Sensex and Nifty were trading in a narrow band weighed down by Infosys and Tata Motors
- Bloomberg Quint•5 hours ago
Stocks To Watch: ACC, Bajaj Auto, Reliance Industries, Wipro
The Singapore-traded SGX Nifty fell 0.28 percent to 10,252.50 as of 7:30 am.
- Bloomberg Quint•5 hours ago
Earnings Today: Axis Bank’s Asset Quality Pain May Linger
Axis Bank, Bajaj Auto, Wipro and ACC among companies reporting results today.
- Bloomberg Quint•6 hours ago
All You Need To Know Going Into Trade On October 17
Where will the markets swing today?
