May 27, 2016 at 08:17 | Source: Reuters
Investors this week have grown more comfortable with expectations the Federal Reserve could raise interest rates as soon as June, with many taking the view that such a hike would reflect improvement in the country's economy.
May 26, 2016 at 12:16 | Source: PTI
Modi also hit out at critics who accuse him of failing to pursue "big bang" measures to revamp the Indian economy, saying his government has undertaken maximum reforms since coming to power in May 2014.
May 25, 2016 at 12:46 | Source: PTI
Speaking on the Queen address to the joint session of British Parliament, Bilimoria, 54, said "in spite of my reservations and in spite of being a Eurosceptic, I believe that we should stay in the European Union".
May 24, 2016 at 08:00 | Source: Reuters
Investment banks have been hit by a steep decline in oil prices, near-zero interest rates and worries about China's economy, which triggered a wave of volatility in financial markets at the start of the year, normally the most lucrative period when investors put their money to work.
May 23, 2016 at 14:57 | Source: Reuters
Steelmaking raw materials coking coal and coke slid 4 percent and other China-traded commodities also took a hit amid growing doubts about whether the world's second-largest economy is stabilising.
May 20, 2016 at 17:42 | Source: PTI
Volkswagen is struggling to overcome the costs of a scandal over cars equipped with software that enabled them to cheat in diesel emissions tests. The company deducted 16.2 billion euros (currently USD 18.1 billion) from its earnings last year to cover recalls and other costs for 11 million cars sold with the software worldwide.
May 20, 2016 at 11:30 | Source: PTI
The two days of talks will see host Japan keen to win an endorsement for its position that fiscal stimulus is the way to kickstart the world economy, after a rally in the yen hit the country's exporters and worsened a slowdown at home.
May 18, 2016 at 10:26 | Source: Reuters
With private consumption making only a feeble recovery from last quarter's slump, the data keeps alive market expectations that Prime Minister Shinzo Abe will delay a scheduled sales tax hike next year, analysts said.
May 17, 2016 at 15:38 | Source: PTI
The industry body estimates that Indian economy has taken a hit of Rs 6.50 lakh crore because of drought situation in 265 districts in 11 states affecting 33 crore people.
May 06, 2016 at 20:26 | Source: Reuters
Nonfarm payrolls increased by 160,000 jobs last month as construction employment barely rose and the retail sector shed jobs, the Labor Department said on Friday.