Business
Cathay Pacific Pilots Push For Seat At Table For Restructuring Talks
Pilots at Hong Kong's Cathay Pacific Airways Ltd are pushing to be included in restructuring talks at the carrier and will run a newspaper advertisement to drum up public support, a union representing them told Reuters on Tuesday.
Asian Markets Push Higher After U.S. Bounce
Asian markets largely opened higher on Tuesday, building on newfound momentum after bargain hunters helped a recovery in U.S. markets in the wake of last week's selloff.
Markets In Q3: The Charge Before The Storm
Financial markets roared into the second half of the year in fullthrottle comeback mode. The only problem was that the coronavirus came back too.
RBI To Keep Rates On Hold, Provide Economic Forecasts
The Reserve Bank of India is expected to keep key rates unchanged this week, but may for the first time since February provide guidance on how the economy is performing amid the coronavirus pandemic.
Asia Shares Mixed Ahead Of China Holiday, Trump-Biden Debate
Asian shares were mixed in muted trading Monday, ahead of the first U.S. presidential debate and a national holiday in China later in the week.
Asian Shares Stutter Ahead Of U.S. Presidential Debate, Oil Dips
Asian shares were on the defensive, while oil prices edged lower on Monday as investors were cautious ahead of a U.S. Presidential debate and as coronavirus cases spike again in a blow to global economic recovery hopes.
Ban on Blending to Boost Mustard Seeds Production, Cut Edible Oil Imports, Say Industry Players
Adani Wilmar, which sells cooking oil under Fortune brand, and Mother Dairy that markets edible oils under Dhara brand, hailed the decision, saying it will benefit both farmers and consumers.
RBI Policy Review, Global Trends to Dictate Stocks This Week: Analysts
The RBI's monetary policy committee will be meeting for three days from September 29. Indian equity benchmark index Sensex declined by 3.83 per cent or 1,457.16 points and the broad-based Nifty tumbled 4.04 per cent last week. The stock indices declined f...
Self-reliant India Will Be Force Multiplier for Global Economy, PM Modi Tells UNGA
Addressing the historic 75th session of the UN General Assembly, Modi said India's experiences and its developmental journey marked with its ups and downs will only add to strengthening the path to global welfare.
Panama Canal Authority Says It Has Won $265 Mln Arbitration Case
The Panama Canal Authority said it won an arbitration ruling on Friday for $265 million to be returned to it from the consortium that built a third set of locks for the key transoceanic waterway.
Turkish Rate Hike Needs Follow Through For Real Game Change
Turkish policymakers are no strangers to unexpected action when in a tight corner, but analysts said Thursday's surprise interest rate hike could herald a change of tack on monetary policy.
Justice Department Seeks Immediate Ban On WeChat In US
The Justice Department is seeking an immediate ban on downloads of WeChat in Apple and Google app stores, saying the Chineseowned messaging service is a threat to the security of the United States.
Oil Steady As Market Eyes Coronavirus Hit To Demand
Oil prices were little changed on Friday but on track for a weekly fall on concerns that a global resurgence of COVID19 infections will constrain fuel demand, while the likely return of exports from Libya will add to supply.
Govt Forms Five Task Forces to Make Indian MSMEs 'Future-ready' and Formulate Plan on Exports
MSME Secretary A K Sharma expressed confidence that it would be on the path of implementing the futuristic initiatives by the start of next year.
Mnuchin And Powell Back Jobless Aid And Small Business Loans
Treasury Secretary Steven Mnuchin and Federal Reserve Chairman Jerome Powell said Thursday that the governments top priorities in any new economic relief package should be to provide affordable loans to small businesses and further support for millions of...
Google, U.S. Government Prepare For Battle Over Market Power
The U.S. Justice Department is expected to file a lawsuit against Alphabet's Google as soon as next week, kicking off a long legal slog over whether the online search and advertising company uses its outsized market power unfairly.