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India's star shines bright: IMF chief Christine Lagarde at conference in Delhi

Mar 12, 2016 at 14:42 | Source: FirstPost

New Delhi: Appreciating continuing reform process in the country, IMF chief Christine Lagarde on Saturday said "India's star shines bright" amid global economic challenges and can deliver nearly two-thirds of the worldwide growth over the n...

Premier League: 30 cap on away ticket prices is the first victory, but the fight has only started for fans

Mar 12, 2016 at 13:13 | Source: FirstPost

Working class game, business class prices these words, written on a banner unfurled by fans of Liverpool Football Club at a Premier League match in 2013, in protest against the exorbitant ticket prices, aptly sums up the state of football in England...

Gold below 13-month top on dollar, heads for second week of gains| Reuters

Mar 12, 2016 at 02:30 | Source: FirstPost

LONDON Gold edged lower on Friday as the dollar rebounded, but prices remained within reach of a 13-month high touched in early trade after the European Central Bank's announcement of new easing measures.ECB President Mario Draghi rolled out measures...

Oil up as IEA sees tighter supply; Goldman says rally premature| Reuters

Mar 12, 2016 at 00:45 | Source: FirstPost

NEW YORK Oil rose up to 2 percent on Friday, with U.S. crude headed for a fourth week of gains, after the world's energy watchdog said the market may have hit bottom, although Goldman Sachs said the 50 percent rally in under two months was "prem...

Oil rallies, lifts stocks while euro stays steady| Reuters

Mar 10, 2016 at 04:15 | Source: FirstPost

NEW YORK Oil prices resumed a more than month-long rally on Wednesday, helping to lift world stock markets, while the euro held steady ahead of this week's European Central Bank meeting.Brent moved back above $40 a barrel on speculation the world's l...

Oil prices rally, boosting world stocks| Reuters

Mar 10, 2016 at 02:15 | Source: FirstPost

NEW YORK Oil prices resumed a month-long rally on Wednesday, helping to lift world stock markets, while bond prices weakened ahead of this week's European Central Bank meeting.Brent moved back above $40 a barrel on speculation the world's largest exp...

Falling afoul of IPR? Giant corporations suing poor farmers from developing countries, says UN report

Mar 09, 2016 at 09:20 | Source: FirstPost

By Shreerupa Mitra-JhaGiant agricultural corporations are seriously impacting the right to food of women, especially in developing countries like India by increasingly suing farmers for breaching patent laws, a UN expert said.These big companies are ...

NALCO share buyback delayed to 2016/17 - official| Reuters

Mar 09, 2016 at 01:30 | Source: FirstPost

NEW DELHI Indian aluminium company NALCO's plan to buy back up to 32.5 billion rupees ($483 million) of government shares will be delayed to the next fiscal year because of procedural delays, a government official said Tuesday."Buy-backs are a l...

Oil slumps on new worries about supply, Goldman caution| Reuters

Mar 09, 2016 at 00:45 | Source: FirstPost

NEW YORK Oil prices fell about 3 percent on Tuesday, retreating after six days of gains for benchmark Brent crude, as Goldman Sachs suggested the rally was unsustainable and analysts expected data likely to show another record high in U.S. stockpiles...

Global headwinds no sign of a recession, says Moody's

Mar 08, 2016 at 11:38 | Source: FirstPost

New Delhi: The prolonged decline in oil prices and weaker expansion in Chinese economy have dimmed growthprospects of several economies, but it does not signal a threat of global recession, Moody's Investors Service said today."Risks to global g...

Global growth prospects looking dim, but advanced economies may not slip into recession, says Moody's

Mar 08, 2016 at 11:38 | Source: FirstPost

New Delhi: The prolonged decline in oil prices and weaker expansion in Chinese economy have dimmed growthprospects of several economies, but it does not signal a threat of global recession, Moody's Investors Service said today."Risks to global g...

Brent holds above $40 as investors call bottom on commodity rout| Reuters

Mar 08, 2016 at 09:45 | Source: FirstPost

SINGAPORE Brent crude oil dipped early on Tuesday, but remained over $40 a barrel after jumping to the highest this year in the previous session as more producers announced talks to support the market and as investors opened new bets on further price...

Asian shares retreat on profit-taking; oil eyed| Reuters

Mar 08, 2016 at 09:30 | Source: FirstPost

HONG KONG Asian shares fell on Tuesday as investors took profits after a month-long rally and investors grew wary of the market's near-term prospects ahead of major central bank meetings.Led by China, MSCI's broadest index of Asia-Pacific shares outs...

Oil at 2016 high above $40 per barrel after producer price support talk| Reuters

Mar 08, 2016 at 08:45 | Source: FirstPost

NEW YORK Global oil markets jumped more than 5 percent on Monday, with Brent hitting a 2016 peak above $40 a barrel, after Ecuador said it was holding a meeting of Latin American crude producers as OPEC sought a higher anchor price for oil.Technicall...

Asia shares firm as oil, commodities regain momentum| Reuters

Mar 08, 2016 at 06:45 | Source: FirstPost

TOKYO Asian shares inched higher on Tuesday after global oil prices soared to three-month highs on growing hopes of more coordinated measures from oil-producing countries to stem tumbling prices.MSCI's broadest index of Asia-Pacific shares outside Ja...

Oil prices rally; S&P 500 up for a fifth session| Reuters

Mar 08, 2016 at 03:45 | Source: FirstPost

NEW YORK Oil prices jumped on Monday as optimism rose that major producers might reach a price support deal, helping U.S. stocks to notch a fifth straight session of gains.Brent LCOc1 hit its highest level since December, climbing $2.12, or 5.5 perce...

S&P 500 flat as energy spike offsets tech slide| Reuters

Mar 08, 2016 at 02:45 | Source: FirstPost

Major U.S. stock indexes were mixed in late Monday trading as a spike in energy shares offset sharp declines in large-cap technology names.Crude prices, which have largely dictated the direction of the stock market this year, were up more than 5 perc...

Brent hits 2016 peak above $40; U.S. stocks dip| Reuters

Mar 08, 2016 at 02:15 | Source: FirstPost

NEW YORK Brent oil prices shot above $40 a barrel on Monday to their highest level since December after data showed a smaller-than-expected U.S. build in crude stockpiles, while technology shares weighed on U.S. equities.Brent LCOc1 gained $2.12, or ...

Wall Street set for five-day winning streak as oil surges| Reuters

Mar 08, 2016 at 01:45 | Source: FirstPost

The S&P and the Dow were on track to register their first five-day streak of gains since October as a surge in oil prices lifted energy and materials stocks on Monday.Crude prices, which have largely dictated the direction of the stock market thi...

Europe shares fall after Asia hits two-month high, oil jumps| Reuters

Mar 08, 2016 at 00:30 | Source: FirstPost

LONDON European shares fell on Monday, unable to maintain the momentum that took Asian equities to two-month highs, as investors said a rebound in stocks seemed tired and looked ahead to a European Central Bank meeting expected to deliver more stimul...

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