Asian shares hovered above two-month lows on Thursday as some high-tech bellwethers bounced back after a searing sell-off although softer oil and copper prices and uncertainty over US policy kept many investors cautious. Major European stock futures are trading higher, with Germany’s…
India has slipped six notches to 37th position among 60 major economies in the world in terms of their attractiveness to Chinese firms, while Singapore topped the list compiled by the Economist Intelligence Unit. According to the latest EIU’s China Going Global…
Oil edged higher on Thursday, regaining ground from sharp losses the previous day brought on by an unexpectedly large rise in U.S. stocks of refined fuels. Brent crude futures traded 52 cents higher at $61.74 a barrel by 1446 GMT. U.S. West…
General Electric Co announced on Thursday it was axing 12,000 jobs at its global power business as the struggling industrial conglomerate responds to dwindling demand for fossil fuel power plants. The U.S. company launched the cuts to save $1 billion in 2018,…
Shakhtar Donetsk booked a Champions League knockout-stage berth after first-half goals by Brazilians Bernard and Ismaily gave the Ukrainian side a 2-1 win over Manchester City in Group F on Wednesday. City, who suffered their first defeat of the season in any…
Real Madrid’s Cristiano Ronaldo set a record for scoring in every Champions League group game as his side won an entertaining encounter 3-2 on Wednesday at home to Borussia Dortmund, who clinched a spot in the Europa League. Real were guaranteed a…
Brazilian Philippe Coutinho struck a hat-trick as Liverpool crushed Spartak Moscow 7-0 to move into the knockout stages of the Champions League as Group E winners. Liverpool manager Juergen Klopp fielded an attacking line-up with Sadio Mane, Roberto Firmino and Mohamed Salah…
The government has engaged private lender ICICI BankBSE -1.56 % to enable online payments at 470 mandis integrated with national portal of electronic National Agriculture Market (e-NAM), a senior Agriculture Ministry official said today. At present, e-NAM participants are doing payments through…
A defiant Joe Root insisted the Ashes series was by no means over despite England falling to a 120-run defeat in the second test at Adelaide Oval on Wednesday to go 2-0 down with three matches to play. England, swept 5-0 on…
Car exports from Europe’s powerhouse economy Germany have fallen in 2017, partly due to the weaker pound undermining British demand, the head of the nation’s auto industry federation said Wednesday. “Brexit and the related lower demand in Britain caused by exchange rates”…
