Rescue ops: Helicopters ferry injured from Nepal villages near epicenter
Apr 28, 2015 at 14:57 | Source:
Gorkha, Nepal:Helicopters crisscrossed the skies above the high mountains of Gorkha district on Tuesday near the epicenter of the weekend earthquake in Nepal, ferrying the injured to clinics, and taking emergency supplies back to remote villages deva...
Asian shares at seven-year highs, cheered by Apple earnings| Reuters
Apr 28, 2015 at 06:45 | Source:
TOKYO (Reuters) - Asian stocks scaled fresh seven-year peaks on Tuesday as Apple's upbeat earnings offset underlying caution ahead of the Federal Reserve's policy meeting scheduled to start later in the session.The dollar, meanwhile, clawed back some...
BofA raises oil price forecasts for 2016| Reuters
Apr 28, 2015 at 02:30 | Source:
REUTERS - Bank of America Merrill Lynch has revised upward its oil price forecasts for 2016, but said it remained bearish amid oversupply, weak demand from emerging markets, a return of U.S. shale production and expectations of a deal on Iran.The ban...
Deflation? Oil's 45 pct rebound could be markets' next headache| Reuters
Apr 28, 2015 at 01:30 | Source:
LONDON (Reuters) - Whisper it, but the next challenge for financial markets and policymakers may not be deflation, but the remarkable surge in oil prices from the six-year low touched in January. Since then, Brent crude futures have risen 45 percent....
Global shares rise on Europe relief, optimism on Apple| Reuters
Apr 27, 2015 at 23:15 | Source:
NEW YORK (Reuters) - A measure of equity markets worldwide hit record highs on Monday as optimism over Greece supported European stocks while U.S. shares added to last week's gains ahead of Apple results and a Federal Reserve policy meeting.The Nasda...
Strong India rupee stings Modi's export ambitions| Reuters
Apr 27, 2015 at 03:15 | Source:
NEW DELHI (Reuters) - Ajit Lakha, who runs a mid-sized garment export business in the north Indian textile hub of Ludhiana, prays daily before leaving for work that the rupee will weaken and the euro recover to cut the losses he is taking on his over...
India starts up 300,000 bpd Paradip refinery - sources| Reuters
Apr 26, 2015 at 22:15 | Source:
NEW DELHI (Reuters) - Indian Oil Corp (IOC.NS), the country's biggest refiner, on Sunday began crude processing at its 300,000 barrel per day (bpd) Paradip refinery and aims to fully commission the plant in six months, two company sources said, poten...
Oil prices edge down from 2015-highs, but set for weekly gain| Reuters
Apr 25, 2015 at 02:30 | Source:
SINGAPORE (Reuters) - Oil prices held steady on Friday near 2015-highs reached the session before, remaining on track for weekly gains after renewed air strikes in Yemen stoked concerns on the security of Middle East oil shipments.Crude prices on bot...
Oil at 2015 high on Saudi-led bombing blitz of Yemen
Apr 24, 2015 at 08:15 | Source:
Crude oil prices settled up 3 per cent, hitting 2015 highs, while US gasoline reached 5-month peaks after Saudi Arabia and its allies maintained a bombing blitz in Yemen that heightened concerns about the security of Middle East oil supplies.Oil buye...
Global markets - Shares climb on earnings; U.S. Treasuries fall| Reuters
Apr 23, 2015 at 02:15 | Source:
NEW YORK (Reuters) - Stocks in major markets drifted higher on Wednesday as investors took an optimistic view of the latest batch of U.S. corporate earnings, while U.S. Treasury prices declined after home sales data added to anticipation of a rate hi...
Brent up on more Yemen bombing; U.S. crude dips after stock build| Reuters
Apr 23, 2015 at 01:45 | Source:
NEW YORK (Reuters) - Oil prices diverged on Wednesday with Brent closing up on renewed fighting in Yemen while U.S. crude fell after another weekly rise in inventories despite slower production.Futures of U.K. North Sea Brent, the more globally used ...
Wipro promotes chairman Azim Premji's heir apparent Rishad to board
Apr 22, 2015 at 07:44 | Source:
Bangalore:Wipro, India's third-biggest software services exporter, has appointed the son of billionaire founder Azim Premji to its board, in a long awaited promotion that moves the chairman's heir apparent closer to the top spot.Rishad Prem...
Gold slips as dollar firms, Greek debt crisis eyed for cues | Reuters
Apr 22, 2015 at 07:30 | Source:
SINGAPORE (Reuters) - Gold gave up some of its overnight gains on Wednesday as the U.S. dollar firmed after earlier losses, with investors keeping their attention focussed on the Greek debt crisis and its impact on the currency markets.FUNDAMENTALS* ...
Global steel output falls in March - Worldsteel| Reuters
Apr 22, 2015 at 00:30 | Source:
LONDON (Reuters) - Global crude steel production fell 2.7 percent in March from a year ago as output decreased in every major region including China, which produces half the world's steel, figures from an industry body showed on Tuesday.Prices are la...
Wipro promotes Premji heir apparent to board| Reuters
Apr 21, 2015 at 23:45 | Source:
BENGALURU (Reuters) - Wipro Ltd, India's third-biggest software services exporter, has appointed the son of billionaire founder Azim Premji to its board, in a long awaited promotion that moves the chairman's heir apparent closer to the top spot.Risha...
Oil up on drop in U.S. crude stockpiles, Middle East tensions| Reuters
Apr 21, 2015 at 02:45 | Source:
NEW YORK (Reuters) - Oil prices ended in positive territory on Monday after a drop in stockpiles at the delivery point for U.S. crude in the second half of last week outweighed pressure from near record high production in Saudi Arabia.Tensions after ...