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ABB delays IPO of E-mobility business citing 'challenging' market"Current market conditions make it challenging to complete the planned listing of ABB's E-mobility business in the second quarter," spokesm...- ABB launches world's fastest electric car chargerThe company's new Terra 360 modular charger can charge up to four vehicles at once, and can fully charge any electric car within 15 minutes...
- ABB launches world's fastest electric car chargerThe device, which can deliver 100km of range in less than 3 minutes, will be available in Europe and the United States by the end of the ye...
- Trading tantrum? Fed officials' personal dealings stir controversy, call for changeDallas Fed President Robert Kaplan and Boston Fed President Eric Rosengren made frequent or substantial trades in 2020, the Wall Street Jou...
- Fed officials to sell stocks to avoid apparent conflict of interestDallas Fed President Robert Kaplan and Boston Fed President Eric Rosengren issued statements saying they would invest the proceeds of those...
- Fed minutes show most officials see inflation goal in hand“Most participants judged that the Committee’s standard of ‘substantial further progress’ toward the maximum-employment goal had not yet be...
- Fed's Rosengren says possible conditions for rate increase could be met next yearRosengren said he expects the US economy to grow by about 7% this year, and for inflation to be slightly above 2% next year.
- Fed's Rosengren says important to understand trade-offs of digital currencies"It is important to highlight that this is exploratory work, and any decision to move forward with such a currency would depend on a variet...
- ABB looks to offload three business units that generate revenues of $1.75 billionThe company said it was "exploring all options" to exit turbocharging, mechanical power and power conversion, ahead of its first investor d...
- ABB aims to double proportion of female managers worldwide by 2030With its 'Global Diversity & Inclusion Strategy 2030', ABB aims at reaching a 25 per cent share of women in senior management positions fro...
- Fed officials signal rising caution on US economic recovery amid virus spread“Lives and livelihoods have been lost, and uncertainty looms large,” he said.
- Fed policy makers sound open to trimming interest rates againA divided Fed cut interest rates for the second time in two months on Wednesday.
- Fed’s regional chiefs lining up against more rate cutsBoston’s Eric Rosengren also voiced his opposition to additional cuts in an Aug. 19 interview on Bloomberg TV.
- ABB board approves Björn Rosengren's name as CEORosengren will join ABB on February 1, 2020 and succeed CEO Peter Voser from March 1, 2020, as per a statement by ABB.
- Rosengren favours 3 more hikes to foil overheatingRosengren said he expects above-potential growth over the next year.
- Mohamed A. El-Erian Says Fed is Talking up Rate IncreaseA rally that sent global yields to a record low has slowed in the past few weeks as investors prepare for the Fed to act as soon as its nex...
- Pre-market: Nifty seen opening flat; RBI policy eyedThe index may retest its crucial level of 8400, if the central bank keep do not cut rates by 25 bps or infuse liquidity in the system.
- Wartsila sees good market for gas-fired plants in IndiaWartsila Corp, a global leader in power plants and equipment, expects India's power sector to gain from higher natural gas prices.
- Not all Fed Presidents back $600-bn bond planTwo Federal Reserve regional bank presidents voiced support for the completion of the central bank's $600-billion treasury securities-purch...
- Fed's focus now on recessionFed Reserve officials signalled that they had shifted their stance in favour of taking out greater insurance against the increasing risk of...
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