Page 2759 - Business Finance
S&P 500 sets record high, dollar slips after Trump attacks Fed
NEW YORK (Reuters) - Global equity markets rose on Tuesday, with the S&P 500 setting a record high, fuelled by strong earnings and economic growth, while the dollar weakened after U.S. President Donald Trump slammed the Federal Reserve for raising interest rates.
S&P touches record high, equals longest-ever bull run
NEW YORK (Reuters) - The benchmark S&P 500 touched a record high on Tuesday and equalled its longest-ever bull-market run, as U.S. stocks rose on earnings reports in the consumer sector and relative calm in the trade dispute between the United States and China.
The bull that will not die: S&P 500 back at a record after months on ice
(Reuters) - After a seven-month stall, Wall Street's bull market looks back on track, thanks to Amazon.com Inc , Alphabet Inc and other high-flying technology and consumer discretionary companies.
U.S. stocks rise as S&P reaches record high
NEW YORK (Reuters) - The benchmark S&P 500 touched a record high on Tuesday and equalled its longest-ever bull-market run, as U.S. stocks rose on encouraging earnings reports in the consumer sector and relative calm in the ongoing trade war between the United States and China.
JPMorgan undercuts discount brokerages on trades
NEW YORK (Reuters) - JPMorgan Chase & Co, in a bid to lure customers from the discount brokerage industry, said on Tuesday it will begin offering free stock trades for self-managed accounts through its Chase mobile banking app starting next week.
S&P hits record high, equals longest-ever bull run
NEW YORK (Reuters) - The benchmark S&P 500 touched a record high on Tuesday and equalled its longest-ever bull-market run, as U.S. stocks rose on encouraging earnings reports in the consumer sector and relative calm in the ongoing trade dispute between the United States and China.
Exports should be at centre of economic activity: NITI Aayog
NITI Aayog Vice Chairman Rajiv Kumar on Tuesday said the government and the private sector should work together with an aim to bring exports to the centre-point of economic activity to take advantage of external demand conditions.
Plan to transfer AI debt, non-core assets to SPV: Official
The Central government plans to transfer the debt and non-core assets of the financially-strained national passenger carrier Air India to a special purpose vehicle (SPV), a senior Finance Ministry official said on Tuesday.
CCI nods UltraTech acquisition of Century's cement business
The Competition Commission of India (CCI) has cleared a proposal for the acquisition of cement business of Century Textiles and Industries by UltraTech Cement.
US stocks extend gains ahead of Fed minutes
US stocks traded higher in the morning session on Tuesday, as investors awaited the minutes from the Federal Reserve's latest meeting scheduled for release on Wednesday.
Morgan Stanley halts research coverage of Tesla, shares rise
(Reuters) - Brokerage Morgan Stanley has suspended equity coverage on Tesla Inc , hinting that the U.S. bank may be doing business directly with the company as it explores options to go private, pushing the electric carmaker's shares up as much as 5 percent on Tuesday.
Cameroon gaming stars train new generation of business superheroes
YAOUNDE (Thomson Reuters Foundation) - Off a dusty path in the capital city, flanked by chickens roosting in the grass, one of Cameroon's most successful digital startups is capitalising on its success to foster a new generation of entrepreneurs.
Jet scrip ends lower on reports of government probe
The scrip of Jet Airways ended 3 per cent lower on Tuesday after reports claimed that the government has initiated a probe against the airline.
Scoreboard at stumps on the fourth day of the third cricket Test between India and ...
Scoreboard at stumps on the fourth day of the third cricket Test between India and England. Scoreboard India 1st Innings 329 England 1st Innings 161 India 2nd Innings 352/7 decl England 2nd Innings 311-9 Alastair Cook c Rahul b Ishant 17 Keaton Jennings c Pant b Ishant 13 Joe Root c Rahul b Bumrah 13 Ollie Pope c Kohli b Shami 16 Ben Stokes c Rahul b Pandya 62 Jos Buttler lbw Bumrah 106 Jonny Bairstow b Bumrah 0 Chris Woakes c Pant b Bumrah 4 Adil Rashid batting 30 Stuart Broad c Rahul b Bumrah 20 James Anderson batting 8 Extras (b-2, lb-16, nb-4) 22 Total (For 9 wkts, 102 Overs) 311 Fall of Wickets: 1-27, 2-32, 3-62, 4-62, 5-231, 6-231, 7-241, 8-241, 9-291 Bowlers: Bumrah 29-8-85-5, Ishant 20-4-70-2, Ashwin 22-8-40-0, Shami 18-3-76-1, Pandya 13-4-22-1.
Gold hits one-week high as Trump's Fed criticism weighs on dollar
NEW YORK/LONDON (Reuters) - Gold rose to a one-week high on Tuesday as the dollar weakened after U.S President Donald Trump criticized the Federal Reserve for raising interest rates.
Railways to float another global tender for rails
In a bid to address the issue of paucity of rails, the Railway Ministry will soon float another global tender to meet the requirement, senior Railway Ministry officials said on Tuesday.
The bull that won't die: S&P 500 back at a record after months on ice
SAN FRANCISCO (Reuters) - After a seven-month stall, Wall Street's bull market looks back on track, thanks to Amazon.com, Alphabet and other high-flying technology and consumer discretionary companies.
International buyers showing interest in Bengal's products: Minister
About 40 international buyers have shown interests in sourcing products costing Rs 113 crore from West Bengal's artisans while Swedish furniture retailer IKEA also wishes to buy goods made of natural fibre, a Minister said on Tuesday.
S&P 500 hits all-time high on trade talk optimism
Wall Street stocks surged to new heights today amid renewed optimism the US is working towards defusing the spiraling trade confrontations. The broad-based S&P 500 index rose to 2,873.20, near 1655 GMT, beating the previous record hit January 26, and up up 0.6 percent from the open. The Dow and Nasdaq also moved higher as analysts said trade talks this week with China and Mexico has added to positive momentum following a strong second-quarter corporate earnings season.
Mumbai MLAs asking less number of questions by the day: Praja
The average attendance as well as quality and quantity of questions raised by 32 of 36 MLAs from Mumbai has been on decline since 2016, according to a "report card" released by an NGO today. As per NGO Praja, 32 MLAs, excluding four ministers, are not raising relevant issues of public importance (in the 288-member House). The quality of questions raised is deteriorated during this period, it stated. Praja director Milind Mhaske said the role of the MLAs is to attend the sessions of the state legislature, deliberate and raise questions on issues of public importance as well as ask quality questions. As per the "Mumbai Report Card, MLA Ratings 2018", Amin Patel (Congress), Sunil Prabhu (Shiv Sena) and Atul Bhatkhalkar (BJP) are top performers in fulfilling the legislative responsibilities. The "least performing" MLAs are Sanjay Potnis (Shive Sena), Tamil Selvan (BJP) and Ramchandra Kadam (BJP), it stated. Speaking to reporters at the Mumbai Press Club in south Mumbai, ...