Page 1367 - Reuters/workspace/business Standard Web/undefined

Swiss central bank's $800 bn could be used to tackle climate change

Swiss lawmakers are preparing a campaign that would make targeting climate change one of the policy objectives of the Swiss National Bank

Brexit, slowdown drag UK economic growth to seven-year low before polls

The approach of a Brexit deadline and the global economic slowdown hit Britain's factories and construction industry during the month, official data showed

WTO extends ban on tariffs for digital trade, India set to benefit

The decision came after talks ran late into Monday evening, two trade officials said

New e-commerce rules may choke online growth, caution Indonesian executives

The law also requires online marketplaces to store information in local data centers and for domain names to reflect Indonesia

Wettest monsoon in 25 years could lift 2020 wheat output to a record high

India received monsoon rains during the June-September season that were 10 per cent above average

Tougher bank rules since 2008 have not stifled lending: G20 watchdog

Banks are the main source of funding for small and medium sized enterprises (SMEs), especially in Europe, and they have long warned that overly burdensome rules would crimp lending

Amazon must check for trade mark violations, says EU court advisor

The adviser was giving his opinion on a case that pits Amazon against US cosmetics company Coty

Big four global auditors face investor calls for tougher climate scrutiny

Auditors are not giving enough weight to a potentially rapid transition towards a low-carbon future as governments implement the 2015 Paris Agreement to curb climate change, they said

Gold treads water as investors assess US-China trade developments

Spot gold was up 0.1% at $1,455.37 per ounce by 1331 GMT. US gold futures rose 0.1% to $1,454.90, with trading volumes subdued by the US Thanksgiving holiday

After $13-bn AGR hit, future of India's tattered telecom hinges on govt aid

Vodafone Idea this month booked a $7 billion quarterly loss, the biggest in Indian corporate history, in large part due to provisions for payments owed

Aramco IPO retail tranche oversubscribed, orders reach $10 bn: Lead manager

It will be the world's biggest IPO if it tops the $25 billion set by China's Alibaba in 2014

Thyssenkrupp ploughs deeper into red, investor says fix output or leave it

Thyssenkrupp investors have long criticised the group's negative cash flow, which was -1.14 billion euros last year

Tata Power seeks global investors through InvIT for renewable portfolio

Tata Power currently has a debt if Rs 44,000 crore ($6.1 billion) and a debt to equity ratio 2:2

India rice rates near three-year low, Bangladesh considers cutting duty

Rates for India's 5% broken parboiled variety were unchanged around $358-$362 per tonne, the lowest since January 2017

Novartis's $90 million Swiss factory to help solve cell therapy bottleneck

Basel-based Novartis sees cell and gene therapies eventually contributing about 15% of its revenue

September quarter GDP growth may sink to 4.7% on weak demand: Poll

If the latest figure for expansion of gross domestic product is 4.7 per cent or less, the quarter will have registered the slowest expansion in 26 quarters, since 4.3 per cent in January-March 2013

Warburg Pincus to raise up to $1.5 bn for first India-focused fund: Reports

Launches of India-focused pvt equity funds are rare, and big global buyout firms like KKR & Co Inc, Bain Capital and Blackstone Group Inc typically invest in a country mainly from their regional funds

Govt wants RBI to take over stressed assets of shadow banks: Report

The government has also asked the central bank to consider a one time waiver to banks from classifying some real estate loans as bad loans, the government official, who declined to be named, said

US assures banks on transactions with China firm hit by Iran sanctions

The administration slapped sanctions on September 25 on Dalian units of Chinese shipping company COSCO, a move that pushed global freight costs to record highs

Cost of India refinery project with Aramco, ADNOC estimated at $70 billion

In September, India's oil minister said the refinery would cost more than the originally planned $45 billion.