Markets

Stocks Just Suffered Their Worst Loss in Months. Here's Why

Gold stocks rose by more than two per cent on a higher price of gold. Stocks are in the midst of a scary October slump, sliding sharply because investors are ...


Wall Street tumbles as investors take the knife to tech companies

Eastern time. It's on track for its fifth straight drop, which hasn't happened since right before the 2016 presidential election. The stock fell 34 percent to 3...


The IMF again downgrades outlook for the global economy

This acceleration reflected a rebound from transitory shocks (demonetisation and implementation of the GST), with strengthening investment and robust private co...


Google Pixel 3 to launch on November 2nd in France, retailer claims

You'll immediately see a transcript of the caller's responses so that you can then decide whether to pick up, respond by tapping a quick reply (e.g., "I'll call...


Sears hires advisers for bankruptcy filing

Sears is considering filing for bankruptcy protection as soon as this week as it faces a large debt repayment on Monday, reports The Wall Street Journal . Ev...


Trump Administration Examines Path to Waive Iranian Oil Sanctions

US crude was down $1.14 at $73.20. "We will be guided by our national interest", he said. The first piece of bearish news weighing on prices today is the repo...


International Monetary Fund gives credit for reforms under Modi, projects India as fastest growing

The IMF, however, predicted Iran's economy will sink deep in the red due to renewed USA sanctions. "There are clouds on the horizon", he said . The fund ke...


China shares tumble despite central bank's move to aid economy

The Central Bank of China declared on Sunday that it was clipping the reserve requirement ratios (RRRs) by one percentage point from 15 October to lower the...


TSX starts lower on global growth worries

The IMF report said "protectionist rhetoric" was being "increasingly turned into action", warning such uncertainty "could lead firms to postpone or forgo capi...


Despite US sanctions, India will buy oil from Iran in November

Pradhan said India has its own energy requirements which need to be fulfilled. We are interested in your opinion and trading strategies for oil. Speaking to m...


Former U of R assistant professor wins Nobel Prize in economics

Per Krusell, one of the panel that awarded the prize, said both men were part of the same agenda, thinking about "long-run, global" issues. Growth isn't the onl...


India may continue to import oil from Iran, says Petroleum Minister

Speaking to media, IndianOil chairman Sanjiv Singh confirmed his company was among the two which contracted Iranian supplies in November. "We have ordered for o...


Jaguar Land Rover in two-week shutdown as sales struggle

Jaguar Land Rover ( JLR ) is planning a two week shutdown of its Solihull plant at the end of October. Jaguar Land Rover has faced sliding diesel sales in re...


International Monetary Fund forecasts 7.1% economic growth for 2019

The last one was in September, 2013 when the International Monetary Fund approved a $6.6 billion loan support to Pakistan government's programme to stabilis...


Rocked by Trump's Sanctions, Iranian Oil Exports Drops Further

The Trump administration is considering waivers on sanctions, a USA government official said on Friday. India would continue its energy imports from Iran even...


DHS backs Apple, Amazon denial of China 'spy' chips report

As a reminder, Bloomberg's report stated that Amazon and Apple found suspicious chips on widely used Super Micro servers that could relay information to for...


Brent crude drops below $83 on expectations Iran will maintain some exports

The US administration is "prepared to work with countries that are reducing their imports on a case-by-case basis", the official added. The US administration ...


New Facebook message hoax spreading

This message played on warnings about the phenomenon of Facebook "pirates" engaging in the " cloning " of Facebook accounts, a real (but much over-hyped) proc...


Understanding the politics of fuel price

In Mumbai , petrol and diesel rates were hiked by 21 paise and 31 paise each. Interestingly, among the NE states, Assam levies the highest VAT- 30.90 pct on ...


Million Pounds Of Beef Is Being Recalled

The contaminated products are marked with the establishment number EST. These items were shipped to retail locations and institutions nationwide. The recall w...


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