Big Oil, investors face returns reckoning amid darkening economy
Darkening clouds over the global economy have led two of the world’s top oil firms to warn investors that promised growth in returns could be at risk for the first … Read More
Month: October 2019
Global funds prefer stocks on policy easing, bond rally – Reuters poll
Global funds recommended an increase in equity exposure in October to obtain better returns at a time when stocks and bonds have rallied simultaneously on policy easing and monetary stimulus … Read More
Stronger together: Fiat Chrysler and Peugeot plan world’s No.4 carmaker
Fiat Chrysler and Peugeot owner PSA plan to join forces in a 50-50 share merger to create the world’s fourth-largest automaker, seeking scale to cope with costly new technologies and … Read More
Rupee Ends Nearly Flat At 70.92 Against Dollar
The dollar index, which gauges the greenback’s strength against a basket of six currencies, fell 0.43 per cent to 97.22. – NDTV Profit – Latest
Stocks touch 20-month high, bond yields drop after Fed cuts
World stocks edged to their highest in over 20 months on Thursday after the Federal Reserve cut rates even as it signalled it would hold back from further reductions, sending … Read More
Core Sector Output Shrinks By 5.2% In September
During the April-September period, the growth of core industries fell to 1.3 per cent against 5.5 per cent in the year-ago period. – NDTV Profit – Latest
Reliance’s Jio criticises telecom lobby warnings on sector health
Reliance Industries’ telecoms arm Jio Infocomm on Thursday criticised the sector lobby’s push for government intervention in the industry, after a court ruling left rivals Bharti Airtel and Vodafone Idea … Read More
Fiat Chrysler and Peugeot on course to create world’s No.4 carmaker
Fiat Chrysler and Peugeot owner PSA plan to join forces in a 50-50 share merger to create the world’s fourth-largest automaker, seeking scale to cope with costly new technologies and … Read More
Oil prices dip as U.S. crude stocks and demand outlook weigh
Oil prices came under pressure on Thursday from rising U.S. crude oil stocks and weak factory activity in China, with few bullish factors on the horizon. – Reuters: Money … Read More
Fiat Chrysler third-quarter operating profit tops expectations on North America
Fiat Chrysler on Thursday posted higher than expected operating earnings in the third quarter, lifted by record profitability in North America, as the carmaker heads to a merger with French … Read More