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Central bankers get tired of gold as lower exports cut cashIn May, China reported no gold purchases. After bouncing back in June, the central bank’s buying in July was at the second-slowest rate in ...- RIL, Airtel, Torrent among 5 buy ideas of top brokeragesHere are five stock ideas from different brokerages, which came out with these recommendations this week.
- Sensex slips 250 points, Nifty50 tests 7,900; Just Dial down 3%The S&P BSE Sensex plunged over 100 points in morning trade on Thursday, led by losses in ITC, HDFC, Tata Motors.
- Ten stocks in focus in Thursday morning tradeThe Indian market is expected to trade lower. Here is a list of top ten stocks that are likely to be in focus today.
- Wipro agrees to buy German IT services company Cellent AG for $78 millionCellent has been offering services to its customers in Germany, Austria & Switzerland for the past 14 yrs & has a team of more than 800 con...
- US Federal Reserve's large balance sheet likely to stayCentral bankers are stepping back from a 3-year-old strategy for an exit from the unprecedented easing they deployed to battle the worst re...
- WTI crude falls on sign of diplomatic end to Syria woeWest Texas Intermediate dropped a second day after reports that Syria agreed to a Russian plan to surrender its chemical weapons.
- Gold bulls strongest since August as funds retreat, analysts expect prices to rise next weekGold traders are the most bullish in four months as US lawmakers near a deadline for budget talks, at a time when hedge funds are cutting b...
- German business confidence on shaky groundThe Ifo institute in Munich said its business climate index, based on a survey of 7,000 executives, dropped to 102.3 from 103.2 in July. Th...
- Carmakers to use $7 billion of platinum in catalytic converters for diminishing supply glutAbout 3.82 million ounces will go into auto catalysts, 17% more than this year and the most since 2007, Morgan Stanley estimates.
- Lufthansa’s makeover aims to out-Ritz BADeutsche Lufthansa will seek to out-Ritz British Airways by evoking London hotel luxury in a makeover of its first-class cabins.
- Heidelberg promoter may pledge 53% to banks to keep investment cos afloatGermany's billionaire Merckle family may be forced to surrender a 53% stake in HeidelbergCement to banks, part of last-minute efforts to ke...
- Germany's LBBW to receive euro 5bn injectionLandesbank Baden-Wuerttemberg, Germany's largest state bank, said Friday it will receive a euro5 bn ($6.3 bn) cash injection from its share...
- Lufthansa's BMI assets should prove lucrativeDeutsche Lufthansa AG locked up valuable takeoff and landing slots at Heathrow Airport with its decision this week to increase its stake in...
- Germany approves bailout terms, sets salary capThose managers would also be obliged to forgo bonuses and dividend payments as long as their banks were indebted to the government.
- Libor to be set by more banks as BBA boosts scrutinyThe British Bankers’ Association, yielding to pressure from investors and regulators, will increase the number of banks that set the London...
- German retailer Metro's Q4 profit up, annual result slipsGerman retailer Metro AG said on Tuesday that fourth-quarter profit rose 12 percent as the company boosted sales, but reported a fall in fu...
- Saxony approves e300 million sale of SachsenLB to LBBWThe cabinet of the German state of Saxony approved the sale of Landesbank Sachsen Girozentrale, a public lender roiled by the global credit...
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