Crude oil futures plunged by Rs 86 to Rs 2,747 per barrel today as speculators reduced bets amid a weakening trend in Asian trade. The contract rose 48 cents to $44.66 on Friday.
Growth in the French services sector has slowed in the wake of the Nov 13 attacks in Paris, although a faster increase in manufacturing activity has helped keep the private sector expanding, a survey showed on Monday.
The major stress on state-run banks owing to bad loans will progressively commence easing once issues are gradually resolved in various sectors, including implementation of reforms in the power sector, Finance Minister Arun Jaitley said on Monday. The meeting, also attended by...
That’s because it wants to maintain, if not increase, its control of the oil market. At 487.3 million barrels, US commercial crude inventories still remain near levels not seen in at least the last 80 years.
Arne Sorenson will stay on as president and chief executive of Marriott, and the company’s board will expand to 14, adding three members from Starwood. Its headquarters will be in Bethesda Maryland.
The termination of the Plus500 deal represents a blow for Playtech who had outlined entry into the financial trading sector through corporate acquisition as a corporate goal at the start 2015.
Millions of Americans will be hitting the roads and runways for a Thanksgiving break. “It has helped out a lot for me, because I have to travel for work”, Megan Dockery said. This is still the most popular way to travel, with congestion starting early Wednesday....
While the causes of the dam failure are not yet known, its effect on the two companies that equally own the mine in the state of Minas Gerais has been profound, and is likely to worsen as investigations get underway.
The UAW said late Friday that Ford’s contract passed with a 51.4-percent vote. The parties ended up compromising on these issues, but the delay in the contract’s ratification created tension in a few plants between production workers, who approved the deal, and...
There has been chatter in the market that FED might hike discount rates today, which though not related may be another very strong indication that FED is ready to hike rates in December. Mr. Williams is a closely watched policy maker who often signals the Fed’s consensus...