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WTI Oil Falls Below $90 First Time in 17 Months on Supply

Oct 02, 2014 at 20:00 | Source: Bloomberg

West Texas Intermediate oil dropped below $90 for the first time in 17 months amid signs that global supplies are outstripping demand. Brent, Europe's benchmark, headed for a bear market. WTI fell as much as 2.8 percent to $88.18 a barrel in ...

Brent Crude Falls Sharply

Oct 02, 2014 at 18:01 | Source: Wall Street Journal

Oil prices dropped over 2.5% in European trade on Thursday morning as oil producers showed no signs of cutting back output despite the global glut. Brent crude oil—the benchmark for oil produced in the North Sea—was in free fall before recovering...

Here's why all of India should join Sarita Devi's non co-operation movement

Oct 02, 2014 at 14:37 | Source: FirstPost

During the 1936 Olympic Games in Berlin, Jesse Owens single-handedly crushed Hitler's myth of Aryan supremacy by winning four gold medals in the 100 meters, 200 meters, long jump, and 4x100 meter relay category. He did not do the Nazi salute on the p...

Indians Join Wave of Foreign Investors in Condos and Homes in the US

Oct 02, 2014 at 14:00 | Source: NDTV Profit

Arun Kumar owns three apartments in New Delhi, where he has carved out a comfortable life as part of India's rapidly expanding middle class. Not long ago, he also became a global landlord, picking up an inexpensive three-bedroom house and a d...

Experts warn Hong Kong protests could hit city's role as finance hub

Oct 02, 2014 at 12:16 | Source: FirstPost

Hong Kong: Shops in Hong Kong have closed and the local stock market has plunged but protesters are gambling their agitation for greater democracy will pay off by preserving institutions that made this former British colony a profitable asset to Chin...

Other countries should not meddle in Hong Kong: China

Oct 02, 2014 at 11:27 | Source: FirstPost

Washington: Chinese Foreign Minister Wang Yi responded on Wednesday to comments by the United States and others on pro-democracy protests in Hong Kong, saying foreign countries should not meddle in China's domestic affairs.Wang, the most senior Chine...

India's broadband adoption rate has improved: Akamai report

Oct 02, 2014 at 11:15 | Source: Economic Times

NEW DELHI: Despite of the lowest adoption rate in the second quarter, broadband connectivity in India is clearly improving over the long-term, according to a new report. According to the latest 'State of the Internet' quarterly report by internet con...

PM Modi's US visit: High on hype, but low on the diplomatic front

Oct 02, 2014 at 10:21 | Source: FirstPost

How does one analyse and assess Prime Minister Narendra Modis just-ended five-day maiden visit to the United States? Well, there should be two different sets of mark sheets for doing this. One should relate to the political quotient and the other to ...

Asian Stocks Extend Drop Before ECB as Aussie, Gold Climb

Oct 02, 2014 at 10:00 | Source: Bloomberg

Asian stocks dropped, extending global declines, while sovereign bonds rose with precious metals before the European Central Bank reviews policy today. The Australian dollar climbed after better-than-estimated trade and building data. The MSCI Asia&a...

Asian Stocks Extend Drop Before ECB as Aussie, Gold Climb

Oct 02, 2014 at 10:00 | Source: Business Week

Asian stocks dropped, extending global declines, while sovereign bonds rose with precious metals before the European Central Bank reviews policy today. The Australian dollar climbed after better-than-estimated trade and building data and commodities&...

For India-US partnership to flourish, PM Modi has to transform business in India

Oct 02, 2014 at 09:45 | Source: Economic Times

A penetrating remark of an American businessman summed up the impact of Narendra Modi's visit to the US: "There's lots of sizzle, but where's the steak?" Now, prime ministerial visits should indeed create lots of sizzle. Modi proved a great orator an...

Jeff Bezos amazed by Amazon's growth in India; says business completely driven by the local team

Oct 02, 2014 at 09:45 | Source: Economic Times

NEW DELHI: On a visit to the capital, Jeff Bezos, chief executive officer of Amazon, the world's largest e-commerce firm, said that he was amazed by the growth of his company in India. Amazon India has already exceeded gross merchandise sales of over...

Passenger who brought Ebola to US had initially been sent home, says hospital

Oct 02, 2014 at 08:28 | Source: FirstPost

Dallas: The airline passenger who brought Ebola into the US initially went to a Dallas emergency room last week but was sent home, despite telling a nurse that he had been in disease-ravaged West Africa, the hospital said on Wednesday in a disclosure...

Supreme Court Verdict on Coal Mines Could Trigger Reforms in Sector: S&P

Oct 02, 2014 at 08:00 | Source: NDTV Profit

New Delhi: The recent cancellation of coal block allocations by the Supreme Court provides an opportunity for the government to reform the process of awarding coal mines in the country, global credit rating agency Standard & Poor's sa...

Gold Gets Boost from Safe-haven Bids as Equities Slide

Oct 02, 2014 at 07:55 | Source: NDTV Profit

Singapore: Gold added to small gains from the day before on Thursday, buoyed by risk-averse sentiment as weak global manufacturing data in the United States unnerved equity markets. Fundamentals. * Spot gold had edged up 0.1 per cent to $1,215.02 an&...

US Secret Service director Julia Pierson resigns after series of security lapses

Oct 02, 2014 at 07:40 | Source: FirstPost

 US Secret Service Director Julia Pierson resigned under fire on Wednesday after a series of security lapses came to light that exposed gaping holes in the protective cocoon around President Barack Obama.Pierson, in her position for just 18 ...

BNP Paribas' made-in-India software rolled out globally

Oct 02, 2014 at 05:31 | Source: Economic Times

MUMBAI: French investment bank BNP Paribas is developing corporate banking products, platforms and solutions with the help of its 2,000-strong Indian technology workforce and rolling them out in other emerging Asian markets. The company's wholly-owne...

U.S. Secret Service director resigns under fire

Oct 02, 2014 at 05:30 | Source: FirstPost

WASHINGTON (Reuters) - U.S. Secret Service Director Julia Pierson resigned under fire on Wednesday after a series of security lapses came to light that exposed gaping holes in the protective cocoon around President Barack Obama.Pierson, in her positi...

Hong Kong protest outside Chinese embassy in London

Oct 02, 2014 at 03:31 | Source: BBC

Demonstrators have gathered outside the Chinese embassy in London to support pro-democracy protesters in Hong Kong. Organisers of the London protest said 3,000 people had gathered to show people in Hong Kong they are not alone . Many carried umbrella...

US dollar rally 'has years to go'

Oct 02, 2014 at 00:52 | Source: BBC

The US dollar continued its rally on Wednesday, hovering near a four-year high against major currencies. In early trading, it rose over 110 yen for the first time in six years and was close to a two-year high against the euro at $1.25. Analysts say t...

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