Page 2771 - Business Finance
Snapdeal increases authorised capital to Rs 15 cr
Jasper Infotech-owned leading e-tailer Snapdeal increased authorised capital from initial capital of Rs 10 lakh to Rs 15 crore by issuing an additional 8.82-crore shares of Re 1 face value, said business intelligence platform Paper.vc on Monday.
US stocks trade mixed after two strong sessions
US stocks traded mixed on Monday with the Nasdaq retreating modestly after two strong previous trading sessions.
Oil gains on easing trade war concerns, sanctions on Iran
NEW YORK (Reuters) - Oil futures rose on Monday after weeks of declines, as investors grew more concerned about an expected fall in supply from Iran due to U.S. sanctions and worried less that a trade war between the United States and China would hurt economic growth.
Cautious optimism for U.S.-China trade talks lifts shares
NEW YORK (Reuters) - A gauge of global equity markets rose on Monday on hopes for U.S.-China trade talks scheduled this week, while Turkey's lira fell anew on cuts to the country's credit ratings and after shots were fired outside the U.S. Embassy in Ankara.
Global Markets: Cautious optimism for U.S.-China trade talks lifts shares
NEW YORK (Reuters) - A gauge of global equity markets rose on Monday on hopes for U.S.-China trade talks scheduled this week, while Turkey's lira fell anew on cuts to the country's credit ratings and after shots were fired outside the U.S. Embassy in Ankara.
ConocoPhillips, Venezuela's PDVSA reach $2 bln settlement
(Reuters) - U.S. producer ConocoPhillips and Venezuela's PDVSA have reached a payment agreement on a $2-billion arbitration award, the companies said, suspending a dispute that blocked the state-run firm from exporting oil from most of its key Caribbean facilities.
Wall Street rises on trade talk optimism
NEW YORK (Reuters) - The S&P 500 and Dow Industrials rose on Monday on optimism over trade talks between the United States and China, while the Nasdaq edged upward as technology stocks pared losses.
U.S. firms warn next China tariffs to cost Americans from cradle to grave
WASHINGTON (Reuters) - U.S. businesses have a message for the Trump administration: New tariffs on $200 billion of Chinese imports will force Americans to pay more for items they use throughout their daily lives, from cradles to first bicycles and wedding dresses to coffins.
Tariffs, tariff threats, talks: Trump faces key week on trade
The United States today launched into a key week for trade policy, with Washington due to slap fresh tariffs on Chinese goods and hold hearings to impose even more duties. US and Chinese officials will simultaneously hold talks in an effort to defuse the dispute. In addition, US negotiators will continue talks with Mexico aimed at rewriting the nearly 25-year-old North American Free Trade Agreement, which officials are hopeful they can conclude by year end. President Donald Trump's aggressive actions against China and other trading partners are increasingly worrying businesses and farmers hurt by the tariffs and retaliation. Dozens of industry representatives will voice those concerns in the first of six days of public hearings on the impact of the next planned round of tariffs, in which the Trump administration is poised to slap 25 per cent duties on USD 200 billion more in Chinese goods. Interests as diverse as the American Bridal Prom Industry Association, the Juice Products ...
1.55 crore wireless telecom subscribers added in June: TRAI
Telecom companies added around 1.55 crore wireless subscribers in the country in June, data from the Telecom Regulatory Authority of India (TRAI) showed on Monday.
Change in RBI Act, new law may be needed for PCR: RBI
The government may need to amend the Reserve Bank of India Act of 1934 and also bring a special law vis-a-vis setting up of the Public Credit Registry (PCR) to revolutionise the credit sector, an RBI official said on Monday.
Gold inches higher as trade talks lift China's yuan
LONDON (Reuters) - Gold prices crept higher on Monday after touching a 19-month low last week as a strengthening currency in China made the metal cheaper for buyers in the world's biggest gold consumer.
India, Australia ties rests on economic, geopolitical congruence: Report
Australia's long-term economic strategy for India is one of the three pillars on which the bilateral relationship should rest, the other two being geopolitical congruence and people to people contacts, former Australian High Commissioner to India Peter Varghese said on Monday.
Sky expects to pay advisers on Fox deal up to $123.7 million in fees
LONDON (Reuters) - Sky said on Monday that it expected to pay its advisers between 90 million pounds and 97 million pounds ($123.7 million) if Twenty-First Century Fox succeeds with its takeover of the British broadcaster.
Maruti rolls out new Ciaz with hybrid technology
India's largest auto maker Maruti Suzuki India Ltd on Monday rolled out here a new Ciaz sedan model with hybrid technology.
Dow, S&P higher on trade talk optimism, techs weigh
(Reuters) - The S&P 500 and Dow Industrials rose on Monday on optimism over Sino-U.S. trade talks, coupled with a rise in materials and energy shares, while a drop in technology stocks weighed on the Nasdaq.
China Biologic gets $3.9 billion offer from former CEO-led consortium
(Reuters) - China Biologic Products Holdings Inc on Monday received a $3.9 billion all-cash offer from a consortium of investment firms led by the company's former chief executive David Gao.
Sales offers lift India's July domestic air passenger growth by 21%
Sales offers on ticket booking sequentially lifted India's domestic air passenger traffic growth by 20.82 per cent in July.
Oil prices gain on easing trade war concerns, sanctions on Iran
NEW YORK (Reuters) - Oil futures rose on Monday after weeks of declines, as investors grew more concerned about an expected fall in supply from Iran due to U.S. sanctions and worried less that a trade war between the United States and China would hurt economic growth.
Reliance Jio tops Fortune 'Change The World' list
Mukesh Ambani-led Reliance Jio has been ranked the top company globally in the Fortune's fourth annual "Change The World" list released on Monday.