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Updated: 11 hours 58 min ago

India December retail passenger vehicle sales down 3 percent on year - dealer body

Tue, 01/08/2019 - 08:42
India's retail passenger vehicles sales for December fell 3 percent from a year ago, while two-wheeler sales rose 11 percent, according to data from the country's car dealers association.

Iran minister says EU trade arrangement moving slowly, talking to India, China

Tue, 01/08/2019 - 08:41
Iran's foreign minister said on Tuesday the European Union was moving more slower than expected in facilitating non-dollar trade with Tehran to circumvent U.S. sanctions, forcing it to explore avenues with other nations.

Graphic: More U.S. regions see job openings outnumbering jobless

Tue, 01/08/2019 - 08:39
Job openings are outnumbering unemployed workers across increasingly wide swaths of the United States, forcing businesses to rethink how they find workers, which could keep pressure on the Federal Reserve to raise interest rates despite a global economic slowdown.

Oil prices to trade in $60-$70 per barrel range by mid-2019: APICORP

Tue, 01/08/2019 - 08:37
Oil prices are likely to trade in the $60 to $70 per barrel range by mid-2019, the Arab Petroleum Investments Corporation (APICORP) said in a report on Tuesday.

Gold falls on improved risk sentiment, dollar recovery

Tue, 01/08/2019 - 08:36
Gold prices fell on Tuesday as risk appetite improved on bets China and the United States may be closing on a trade deal, and as the dollar bounced off a 2-1/2-month low hit in the previous session.

China hands out long-awaited GM crop approvals amid U.S. trade talks

Tue, 01/08/2019 - 08:29
China approved five genetically modified (GM) crops for import on Tuesday, the first in about 18 months, a move that could boost future imports and ease pressure from the United States to open its markets to more farm goods.

Supreme Court clears reopening of Vedanta's copper smelter

Tue, 01/08/2019 - 08:09
The Supreme Court on Tuesday cleared the way for Vedanta to reopen its copper smelter in Tamil Nadu by refusing to stay an order from the country's environmental court, the company's lawyer said.

Nissan's Ghosn claims innocence in first appearance since November arrest

Tue, 01/08/2019 - 08:04
Ousted Nissan Motor Co Chairman Carlos Ghosn declared his innocence in his first public appearance since his arrest in November, telling a Tokyo court on Tuesday that he was wrongly accused of financial misconduct.

Bandhan Bank to buy Gruh Finance in share-swap deal

Tue, 01/08/2019 - 07:52
India's Bandhan Bank Ltd will buy mortgage provider Gruh Finance Ltd in a share-swap deal to build up its housing loan portfolio, the companies said on Monday.

Nifty, Sensex edge higher, caution prevails ahead of earnings

Tue, 01/08/2019 - 07:40
Indian shares nudged up slightly on Tuesday, as investors booked some profits and waited on the sidelines for further cues ahead of the start of another corporate earnings season.

Gail India seeks LNG cargo for Jan-Feb delivery: sources

Tue, 01/08/2019 - 07:31
Gail (India) is seeking a liquefied natural gas (LNG) cargo for delivery in late January to February, two industry sources said.

Trump, Modi discuss trade, Afghanistan: White House

Tue, 01/08/2019 - 07:27
U.S. President Donald Trump and Indian Prime Minister Narendra Modi discussed reducing the U.S. trade deficit with India and increasing their cooperation in Afghanistan in a telephone call on Monday, the White House said.

BASF workers in Taiwan suspected of leaking company secrets

Tue, 01/08/2019 - 07:24
Taiwan is investigating six current and former employees of BASF's local operations suspected of leaking corporate secrets to a rival Chinese company, an official said on Monday.

Samsung Electronics says weak chip demand pushed fourth-quarter profit well below market estimates

Tue, 01/08/2019 - 06:38
Samsung Electronics surprised the market on Tuesday with an estimated 29 percent drop in quarterly profit, blaming weak chip demand in a rare commentary issued to "ease confusion" among investors already fretting about a global tech slowdown.

Swiss firm Sika offers to buy French chemical maker Parex for $2.6 billion

Tue, 01/08/2019 - 06:30
Sika AG said on Tuesday it made an offer to buy French chemical company Parex from a fund owned by CVC Capital Partners for an enterprise value of 2.5 billion Swiss francs ($2.55 billion).

Ex-Nissan chairman Ghosn's lawyers to give news conference Tuesday - FCCJ website

Mon, 01/07/2019 - 08:41
Lawyers of ousted Nissan Motor Co Ltd chairman Carlos Ghosn are scheduled to give a news conference on Tuesday, the Foreign Correspondents' Club of Japan (FCCJ) said on its website on Monday, their first such public appearance.

Oil rises on U.S-China trade talks, OPEC-led supply cuts

Mon, 01/07/2019 - 08:38
Oil prices jumped around 1.5 percent on Monday, pushed up by optimism that talks in Beijing can resolve a trade war between the United States and China, while supply cuts by major producers also supported crude.

Insight: Chinese tech investors flee Silicon Valley as Trump tightens scrutiny

Mon, 01/07/2019 - 08:25
New Trump administration policies aimed at curbing China's access to American innovation have all but halted Chinese investment in U.S. technology startups, as both investors and startup founders abandon deals amid scrutiny from Washington.

CBS News head David Rhodes steps down, Susan Zirinsky to take over

Mon, 01/07/2019 - 07:47
CBS News President David Rhodes is stepping down and Susan Zirinsky, a senior executive producer, will take over the president's role from March, the company said on Sunday.

Indian shares rise, echo global rally on U.S. jobs data, dovish Fed

Mon, 01/07/2019 - 07:36
Indian shares traded higher on Monday, reflecting relief witnessed in broader markets, after jitters about a global economic slowdown were pacified by strong U.S. jobs data and a dovish tone by the Federal Reserve.