Hitting risk sentiment, Glencore shares fell to a record low at the start of the week on concerns over the company’s ability to withstand a prolonged decline in prices of metals.
Take for instance, The State Bank of India (SBI) country’s largest lender slashed its lending rate by 0.40 per cent. The new rate will stand at 9.30 per cent from 5 October onward.
A Biden candidacy this time would likely draw some minority voters away from Clinton, making it a tighter race with her closest rival now, Bernie Sanders, who isn’t really a Democrat. Retired neurosurgeon Ben Carson has climbed into a virtual tie with real-estate magnate...
On Tuesday, presidential-hopeful Jeb Bush is expected to present the details of his plan to rework the energy sector in order to create jobs and spur on the economy.
“Brazil is making a substantial effort to reduce greenhouse gas emissions without nevertheless impairing our development”, she said about her country’s environmental policies. Rousseff’s resignation has been continuously called for by protesters who accuse...
RBI Governor Raghuram is widely expected to announce this year’s fourth rate cut tomorrow and expectations for the same have further increased after the US Fed’s status quot.
European markets ended solidly in negative territory as concerns over China returned to the forefront, after some disappointing economic data, prompting further weakness in commodity prices. In America, the US crude benchmark CLc1, West Texas Intermediate (WTI) settled down...
(More ominously, he is now wasting resources in Iowa, where he has virtually no hope of victory.) That leaves a huge swath of mainstream and moderate GOP voters – wary of Bush and horrified at the prospect of Trump, Carson or Cruz as the nominee – for Rubio to gobble up.
Although a non-government-subsidized portion of Planned Parenthood’s funding goes to abortion services, most government funding provides pap smears, STD testing, HIV testing, birth control, pelvic, and breast cancer screenings for almost three million women.
Wall Street started the week with another round of selling, placing the market squarely in “correction” mode. This is just the latest data point out of the world’s second- biggest economy that suggests economic softening.
Commodity-related shares were also among the worst casualties on worries that a cooling economy would damp demand for metals such as copper, steel and iron.