Brent ebbs on growth gloom, U.S. crude aims for parity
Jan 15, 2015 at 01:30 | Source:
NEW YORK (Reuters) - Brent crude oil prices dipped on Wednesday, threatening to touch new six-year lows after an unexpected big rise in U.S. crude and fuel inventories and a dimmer view of world economic growth next year.U.S. crude prices gained desp...
Outrage in Britain as Cadbury owner tweaks Creme Egg recipe
Jan 13, 2015 at 01:16 | Source:
LONDON (Reuters) - Mondelez International, maker of Cadbury Creme Eggs, has tweaked the recipe of the chocolate shell of its gooey treats ahead of their main Easter selling season, sparking an angry response in Cadbury's home market of Britain. U.S. ...
Most Wall St firms project June 2015 U.S. Fed rate hike - Reuters poll
Jan 10, 2015 at 22:30 | Source:
NEW YORK (Reuters) - Many economists at Wall Street's biggest banks remain convinced the Federal Reserve will raise interest rates by June, even as the markets have been spooked by a five-year low in crude oil prices and wage growth remains weak.Thir...
NCDEX to launch forward contracts in 7 new agri commodities soon
Jan 06, 2015 at 16:34 | Source:
New Delhi: Forward Markets Commission today gave approval to agri-commodity bourse NCDEX to launch forward contracts in additional seven commodities including some pulses.The approval has been given to launch both transferable and non-transferable sp...
MCX-SX Tweaks Transaction Charges for Currency Futures Trade
Nov 09, 2014 at 22:00 | Source:
New Delhi: Faced with falling volumes and growing competition from rival Bombay Stock Exchange (BSE), MCX Stock Exchange has tweaked its transaction charges for futures contracts traded on its currency derivatives platform. While there would be no&am...
Oil Lower as Growth Worries Weigh
Sep 16, 2014 at 16:02 | Source:
Wall Street Journal
Brent crude oil prices were lower Tuesday, weighed down by concerns about slow economic growth and weak demand. The oil futures contract fell to its lowest level in two years during Monday's trading. It received a temporary boost from the rol...
Finmeccanica banned from bidding for future military contracts
Aug 26, 2014 at 07:21 | Source:
New Delhi: India has banned Finmeccanica from future contracts, a defence ministry source said on Tuesday, as it presses on with an investigation into a scrapped helicopter contract with the Italian company.In January, India cancelled a 560 million e...
Regulator Allows MCX to Discontinue Potato Futures
Aug 13, 2014 at 19:38 | Source:
New Delhi: MCX has been allowed to discontinue potato futures contracts expiring in the current and next month with immediate effect, the Forward Markets Commission (FMC) has said. Earlier this month, the commodity bourse had sought the regulator&...
Ukraine conflict: New EU sanctions hit top Putin aides
Aug 01, 2014 at 04:07 | Source:
A former judo sparring partner of Vladimir Putin is among three of the Russian president's close aides on a new EU sanctions list. The EU says billionaire tycoon Arkady Rotenberg runs firms which profited from the 2014 Sochi Winter Olympics. He ...
Buy HDFC, Sell LIC Housing Today: Sanjeev Bhasin
Jul 31, 2014 at 10:00 | Source:
The Nifty is likely to see higher than normal volatility on expiry of futures contract today. Global cues are benign with China driving Asian indices higher. Solid earnings from select corporates lifted sentiment yesterday to see the indices surge in...
EU edges to economic sanctions on Russia but narrows scope
Jul 26, 2014 at 00:30 | Source:
BRUSSELS (Reuters) - The European Union reached outline agreement on Friday to impose the first economic sanctions on Russia over its behaviour in Ukraine but scaled back their scope to exclude technology for the crucial gas sector.The sanctions on a...
EU readies possible capital, tech sanctions on Russia
Jul 23, 2014 at 02:30 | Source:
BRUSSELS (Reuters) - The European Union threatened Russia on Tuesday with harsher sanctions over Ukraine that could inflict wider damage on its economy following the downing of a Malaysian airliner, but it delayed action for a few days.Efforts to for...
High on reforms hopes, FIIs likely to pump up volumes
May 17, 2014 at 05:06 | Source:
MUMBAI: Foreign portfolio investors (FIIs) could pump up the volumes in equity markets with their bets of a reforms-oriented government coming true after the BJP-led coalition swept to victory in the 16th Lok Sabha elections, even as domestic institu...
Treasurys advance after soft retail sales data
May 14, 2014 at 04:22 | Source:
NEW YORK (MarketWatch) — Treasury prices jumped Tuesday, sending yields lower after a report on U.S. retail sales missed Wall Street expectations, restraining the outlook on one of the key drivers of economic growth. Retail sales climbed a mere 0....
Treasurys fall after strong retail sales data
Apr 15, 2014 at 09:12 | Source:
NEW YORK (MarketWatch) — Treasury prices slid Monday, pushing yields higher for just the second time in eight sessions, after retail sales data came in stronger than expected. Following the report, the 10-year Treasury note (ICAPSD:10_YEAR) yiel...
Revised margins for $-rupee contracts effective from April 15
Apr 11, 2014 at 18:51 | Source:
MUMBAI: Leading stock exchanges BSE and NSE have informed traders that margin requirements for dollar- rupee contracts will be revised from April 15 following Sebi decision to revoke certain curbs on derivative trading. On July 9, 2013, Securities an...