News

Gold steady at 10-month peak; Palladium scales new high

Reuters Business News - 22 min 57 sec ago
Gold prices hovered near 10-month highs on Tuesday as optimism around U.S.-China trade discussions dimmed the dollar's appeal, while palladium struck a record high on supply concerns.
Categories: Business News

Honda CEO says decision to end production in UK not Brexit related

Reuters Business News - 24 min 4 sec ago
Honda Motor Co's decision to end production in Britain was not related to Brexit, its chief executive said on Tuesday, after announcing the closure of its only British car plant.
Categories: Business News

Environmentalists seek tougher EU curbs on Balkan coal power plants

Reuters Business News - 26 min 16 sec ago
Environmentalists urged EU policy makers on Tuesday to take a tougher stance on air pollution from coal power plants in the Western Balkans, blaming the fumes for 3,900 deaths across Europe each year.
Categories: Business News

RPower promoters aim Rs 2,500 cr from stake sale

MoneyControl Business News - 37 min 53 sec ago
Part of the diversified Anil Ambani group, Reliance Power has appointed J P Morgan as the banker for the proposed stake sale, the sources said.
Categories: Business News

Chinese traders freeze Australian coal orders amid 40-day customs delays - sources

Reuters Business News - 46 min 40 sec ago
Chinese coal traders have stopped ordering Australian coal as clearing times through China's customs have doubled to at least 40 days, according to major buyers in China and international coal merchants, resulting in a sharp fall in Australian prices.
Categories: Business News

Oil hovers just below 2019 highs as markets look to trade talks

Reuters Business News - 47 min 54 sec ago
Oil prices hovered just below 2019 highs on Tuesday as traders waited for the outcome of U.S.-China trade talks this week, while supply cuts led by producer group OPEC meant markets were relatively tight.
Categories: Business News

HSBC warns on China, Britain slowdown as 2018 profit disappoints

Reuters Business News - 1 hour 5 min ago
HSBC Holdings turned in a disappointing annual profit as higher costs and a stocks rout chipped away at its trading businesses, while warning that an economic slowdown in China and Britain would throw up further hurdles this year.
Categories: Business News

NPA woes: India beats Italy to have world's worst non-performing loan ratio

Business Standard - 1 hour 15 min ago
RBI said in December that the ratio for banks fell for the first time since 2015, though it's still 'high for comfort'
Categories: Business News

Aero India show: 2 Suryakiran jets crash during rehearsal, 1 pilot dead

Business Standard - 1 hour 16 min ago
Both the pilots ejected to safety, Additional commissioner of Police (East) Seemanth Kumar Singh said
Categories: Business News

Dubai home prices to fall further in 2019 due to demand-supply gap: S&P

Business Standard - 1 hour 18 min ago
The rating agency said the residential property market is unlikely to see a meaningful recovery in 2021
Categories: Business News

Germany sees 'most difficult part' in EU-U.S. trade talks ahead

Reuters Business News - 1 hour 20 min ago
The most difficult part in trade negotiations between Europe and the United States is starting now and talks should focus on reducing tariffs on industrial goods to increase the chances of a deal, German Economy Minister Peter Altmaier said on Tuesday.
Categories: Business News

Kuroda flags BOJ's readiness to ease further, yen slips

Reuters Business News - 1 hour 21 min ago
Bank of Japan Governor Haruhiko Kuroda said on Tuesday the central bank was ready to ramp up stimulus if sharp yen rises hurt the economy and derail the path towards achieving its 2 percent inflation target.
Categories: Business News

EU agrees on greenhouse gas emission cut for trucks

Reuters Business News - 1 hour 22 min ago
The European Union agreed on Tuesday to reduce emissions of carbon dioxide (CO2) from new trucks and buses by 30 percent by a 2030 deadline as part of the bloc's commitment to cut its output of greenhouse gases.
Categories: Business News

China pledges more support for banks#39; perpetual bonds to boost lending

MoneyControl Business News - 1 hour 25 min ago
"Perps" - bonds with no maturity date - are seen as a major step toward recapitalisation of banks, whose lending capacity to the real economy is largely limited by their capital adequacy.
Categories: Business News

Maruti Suzuki#39;s compact SUV Vitara Brezza crosses 4 lakh sales milestone

MoneyControl Business News - 1 hour 29 min ago
The Vitara Brezza was launched in March 2016.
Categories: Business News

Honda says to hold news conference, after news of UK factory closure

Reuters Business News - 1 hour 30 min ago
Honda Motor said on Tuesday it will hold a news conference at 0800 GMT, a day after a British lawmaker said the Japanese car maker will announce the closure of its only British factory, in another blow to UK's auto industry before Brexit.
Categories: Business News

India#39;s fuel demand rose 6.4% year-on-year in January

MoneyControl Business News - 1 hour 35 min ago
Consumption of fuel, a proxy for oil demand, totalled 18.34 million tonnes, data from the Petroleum Planning and Analysis Cell of the oil ministry showed.
Categories: Business News

End caste discrimination, identify those promoting it: Modi, citing Ravidas

Business Standard - 1 hour 39 min ago
Modi said caste discrimination is an impediment in achieving social harmony
Categories: Business News

Gits Food targets double digit revenue growth in FY20

MoneyControl Business News - 1 hour 42 min ago
Gits Foods banks on new products and business strategies to drive growth
Categories: Business News