BlackRock, the world's largest fund manager with $6.5 trillion of assets under management -- bigger in value than the third largest economy in the world -- continues to ignore the serious financial risks of putting money into fossil fuel dependent companies, a new report found on Thursday. ...
The key Indian equity indices opened on a negative note on Thursday, with the BSE Sensex down over 180 points. The domestic indices traded in line with global indices, as Asian markets also were largely trading in the red....
US stocks traded higher on Wednesday, as the market was buoyed by Apple's strong quarterly earnings, and investors anticipated the US Federal Reserve to deliver its latest monetary policy, which could possibly lead to the first interest rate cut in more than a decade. ...
The US Federal Reserve on Wednesday cut its benchmark interest rate by a quarter-percentage point to a target range of between 2-2.25 per cent. ...
Tesla CEO Elon Musk is courting trouble again with the US Securities and Exchange Commission (SEC) over his controversial Twitter activities, this time revealing Tesla's solar production numbers on the micro-blogging platform. ...
The popular retail chain Cafe Coffee Day (CCD) decided to shut shop on Wednesday across the country in memory of its founder-chairman V.G. Siddhartha, who died in Karnataka under mysterious condition, a company source said. "All our 1,750 retail outlets in about 240 cities will remain shut for the day ...
The 30-scrip Sensitive Index (Sensex) on Wednesday opened on a negative note. News of Cafe Coffee Day owner's death shocked investors and led them to panic selling of the company's stocks. The Sensex of the BSE opened at 37,257.55 and touched a high of 37.275.62. The ...
US stocks ended lower on Tuesday amid a batch of mixed data, including a slightly rising consumer spending last month, which pointed to the slowing of US economic growth. The Dow Jones Industrial Average fell 23.33 points, or 0.09 per cent, to 27,198.02. The S&P 500 dropped 7.79 points, or 0.26 per cent, to 3,013.18. The...
The US dollar was little moved in late trading on Tuesday as market participants are awaiting the Federal Reserve's decision on interest rates amid a slew of economic data. The dollar index, which measures the greenback against six major peers, was up ...
South Africa has resumed beef exports to China after the latter lifted a ban that was imposed after an outbreak of Foot and Mouth Disease (FMD) in January. The Chinese Ambassador to South Africa Lin Songtian said on Tuesday in a press briefing that the Chinese government lifted the ban on July 23, making it ...
