Business
India Government Bonds Miss Out On J.P. Morgan Index Inclusion
J.P. Morgan has opted not to include India's government bonds in one of its flagship emerging market indexes after investors cited ongoing problems with capital controls, custody and settlement and other operational snags.
Rolls-Royce Shares Hit 16-year Low On Mooted $3 Billion Equity Raise
RollsRoyce shares hit their lowest level since 2004 on Monday after the British aero engine maker confirmed it was considering a rights issue of up to 2.5 billion pounds ($3.23 billion) following months of speculation about its finances.
Liz Weston: Fear Of Bankruptcy Holds Too Many People Back
The mystery isnt why so many people file for bankruptcy each year. Its why more people dont.
Global Markets Lower After Wall St Declines For Third Week
Global stock markets and U.S. futures tumbled Monday after Wall Street fell for a third straight week and investors were rattled by U.S.Chinese tension over technology and security and a rise in British coronavirus infections.
Oil Prices Slip On Potential Libyan Output Return, Storm Supports
Oil prices fell on Monday, weakened by the possible return of Libyan production and as rising coronavirus cases stoked worries about global demand, although the market drew support as a tropical storm threatened to disrupt output in the U.S. Gulf of Mexic...
Unilever NV Shareholders Vote Overwhelmingly For Unification
Unilever NV shareholders in the Netherlands have approved a plan to end its dualheaded corporate structure and form a single Londonbased entity, the AngloDutch company said.
Global Markets: Asian Shares Slip On Worries About Global Recovery; Eyes On U.S. Fiscal Stimulus
Asian shares slipped on Monday on fears the global economy may sputter for a while due to a resurgence of coronavirus infections in Europe, while fading hopes for U.S. fiscal stimulus hopes also weighed.
Rupee Rises 11 Paise to 73.34 Against US Dollar in Early Trade
On Friday, the rupee strengthened by 21 paise to close at more than one-week high of 73.45 against the US dollar. "Overall, we are likely to see another week where the price action in USD-INR could remain confined in a range of 73.10-73.90," said Abhishek...
HSBC Shares Sink To 25-year Low In Hong Kong, StanChart Sags Over Dirty Money Scandal
HSBC and Standard Chartered Hong Kong shares dropped on Monday after media reports that they and other banks moved large sums of allegedly illicit funds over nearly two decades despite red flags about the origins of the money.
Facebook Neutral, Non-partisan, Says India Chief, Defends Handling of Hate Speeches
The comments come amid a political storm over a report published in the Wall Street Journal last month, alleging the social media giant ignored extremist posts by ruling Bharatiya Janata Party leaders in order to protect its business interests in India.
Net Direct Tax Collection Dips 31 per cent in April-August
In a written reply to the Lok Sabha, Minister of State for Finance Anurag Singh Thakur said net direct tax collection was Rs 2,79,711 crore in April-August 2019, compared to Rs 1,92,718 crore in April-August 2020.
Oil Workers Flee As Third Storm In Month Aims For U.S. Offshore Fields
Royal Dutch Shell Plc halted some oil production and began evacuating workers from a U.S. Gulf of Mexico platform, the company said on Friday, as a new tropical storm flared.
Fiscal Fizzle Saps U.S. Economic Recovery, A Possible Boost To Biden
This week's economic data offers fresh hints that the U.S. recovery will slow without new federal aid, a possible blow to President Donald Trump's reelection bid, especially since any new spending before the Nov. 3 presidential election seems unlikely.
LS Passes Supplementary Demands for Addl Spending of Rs 2.35 L Cr, FM Says to be Used for 'People-centric' Schemes
The minister said the government has sought Rs 40,000 crore towards MNREGA, thus taking the total outgo towards Rs 1 lakh crore, the highest so far.
Three Women In Final Five For WTO Leadership Race
Three women, two of them from Africa, advanced to the second round of selection to become the next directorgeneral of the World Trade Organization as the field was cut from eight to five, the Genevabased body said on Friday.
Watchdog: FAA Not Prepared To Update Jet Evacuation Rules
The Federal Aviation Administration hasn't updated standards for emergency airliner evacuations in nearly two decades, a period when travelers have increasingly had to deal with tighter aircraft seats, more carryon bags and support animals, a government w...