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Yen nears 40-year low, dollar gains as peace talks in doubtThe US dollar is flexing its muscles against the Japanese yen, much to the attention of market traders. The potential for a US-Iran peace a...
European banks form company to launch euro stablecoinA group of nine European banks, including ING and UniCredit, is creating a new company to launch a euro-backed stablecoin, highlighting tra...
European shares down for third week after tariff whiplashEuropean stocks closed lower on Friday, concluding a volatile week marked by escalating trade tensions and fluctuating U.S. tariff policies...
TCS expects retail, manufacturing revival after banking recoveryTCS's revenue in North America, its largest market, declined for the fifth consecutive quarter even as banking and financial services poste...
US stocks muted as investors cautious ahead of earningsWall Street's main indexes edged lower on Monday, pausing after gains in the previous week ahead of major earnings reports that could influ...
Dollar little changed on MLK Day, sterling slides in risk-off tradingGLOBAL-Dollar little changed on MLK Day, sterling slides in risk-off trading
Mega deal wins to help Infosys as BFSI hits lean patch: ReportThe demand environment has not seen much change since June quarter results of Infosys barring a few mega deal closures as certain pockets i...
Stocks in news: IDFC First Bank, Kotak Mahindra Bank, IDBI Bank, Shaily Engineering, RVNLGMR Smart Electricity Distribution, a step down subsidiary of GMR Power and Urban Infra, has received a letter of award (LOA) from Purvanch...
Protesters try to storm Baghdad's Green Zone over the burning of Quran and Iraqi flag in DenmarkAn Iraqi asylum-seeker who burned a copy of the Quran during a demonstration last month in Stockholm had threatened to do the same thing ag...
Sweden: Inflation falls below 10% in May, analysts suggest Beyonce’s Stockholm concert tipped scalesAs per Statistics Sweden, the decrease in electricity and food prices fuelled the lower inflation rate for the month of May. However, the a...
Maersk sees global trade contracting as much as 2.5% in 2023The shipping market has normalised after two years of exceptionally high freight rates, when supply snarls and and a shortage of vessels al...
OutThink raises $10 million to tackle human errors behind data breachesThe London-based company, which says human behaviour is the source of 91% of data breaches, uses machine learning, natural language process...
U GRO Capital gets funding of Rs 138 cr from responsAbilityU GRO Capital aspires to become the largest MSME platform in India and this transaction which brings in support of DFIs to its overall obje...
What I Read This Week: World Cup 2018, analysts’ blindness and interest ratesDo financial experts who predicted that interest rates are on a secular decline in India?
- 65% India-focused offshore funds trail benchmarks
HSBC India Infra Equity Fund, with $94 million in assets, is the worst performer in the ‘India fund’ category with a loss of over 17% in do...
- Three years after iPhone, lack of a rival irks Nokia investors
Nokia Oyj has had three years to come up with a rival to the iPhone. Investors say that’s long enough.
- Euro entry rhetoric no prop for emerging Europe FX
Emerging European currencies are set to weaken further as investors increasingly call into question the credibility of governments' ambitio...
- Barclays to rescue Cairn Cap’s $1.6 bn debt fund
Barclays, the UK’s third-biggest bank, will help rescue a $1.6 billion debt fund run by London-based asset manager Cairn Capital after it w...
- Danske buys Sampo Bank for $5.2 bn in Nordic push
Danske Bank, the Nordic region’s second-biggest financial institution by market value, agreed to buy Sampo Bank for 30.1bn Danish kroner ($...
- Scania does an Arcelor, pays extra dividend to fight MAN bid
Truck maker Scania, fighting a E10.3bn ($12.9bn) bid from rival MAN, said on Monday it would be able pay an extra dividend of 35 crowns a s...