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Adani Airports appoints Ericsson veteran Arun Bansal as CEO in fresh management rejigThe Adani Group has been shuffling the top management in its airports business for more than a year. In April, the company appointed Harsha...- Adani Airports announces management rejigA veteran of 15 years at MIAL, Jain will now have the chiefs of all of Adani’s airport projects reporting to him.Jain will replace Ben Zand...
- The inflation debate that’s roiling US markets faces 2021 testBut even by the end of 2022, the Fed’s preferred measure won’t exceed its 2 per cent target, according to economist surveys.
- Economists are losing hope of V-shaped recovery from coronaConsumer caution is already evident in China, even though authorities say it’s safe to go out.
- US consumer spend up in July, but worries stayPurchases rose 0.4%, the most since March, after little change the prior month, Commerce Department figures showed on Monday in Washington.
- 'Likelihood of US slipping back into recession rises'Chief economist at Moody’s Analytics said the likelihood of US slipping back into a recession is now 33%, up from a 20% chance.
- Fed keep rates at record lows; upbeat on economyThe Federal Reserve sounded a more confident note on Wednesday that the economy is strengthening but pledged to hold rates at record lows t...
- Fed more hopeful on economy; holds record low rateFederal Reserve held key lending rate near zero and again pledged to keep it there for extended period to nurture recovery. India ranks 50t...
- Fed unlikely to try new aids for economy, for nowWith recession easing, Fed policymakers are unlikely to launch any major new efforts to revive economy when they meet this week. Financial ...
- Analysis: Obama offers split verdict on economyWhere some economists see 'green shoots' of recovery others see only yellow weeds of continuing recession. Financial crisis I Ghosts of 192...
- Evidence piling up that worst of recession is overEvidence is piling up that the worst part of the recession has ended. But that doesn't mean the pain is over. More on Financial crisis | Co...
- US unemployment soars to 8.5%; 13 mn joblessUnemployment zoomed to 8.5 percent last month, the highest in a quarter-century, as employers axed 663,000 more workers and pushed the nati...
- US job losses mount as economic picture worsensRecord numbers of homeowners are falling behind on mortgage payments and the U.S. economy is losing jobs at an alarming rate with companies...
- How low can Fed go on interest rates?Ratcheting its key rate from the current 1 percent all the way down to zero can't be ruled out. Stocks 52 Wk: Low | Only: Buyers, Sellers I...
- Employers slash jobs, thousands drop out of US labour forceEmployers slashed jobs by the largest amount in 5 years and hundreds of thousands of people dropped out of the labour force - ominous signs...
- Construction of new houses in US plunges to 14-year lowConstruction of new US homes plunged to the lowest level in 14 years in September as turmoil in credit markets intensified the problems in ...
- Was Bernanke’s rate cut the right decision?The Fed’s decision to cut key interest rate stirred much excitement; global stock markets jumped sharply. But only history will judge wheth...
- Fed cuts key interest rate in effort to fend off recessionThe Federal Reserve cut a key interest rate for the first time in four years from 5.25% to 4.75% to prevent a turbulent financial markets f...
- Fed likely to leave rates unchangedWhile Wall Street has been on a wild roller-coaster ride and housing troubles continue to mount, the Federal Reserve still seems to be most...
- US heading for less sunny daysWhile the economy began the year growing at a strong pace, activity seems to have hit the skids in the spring.
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