Ryanair CEO says UK will agree a Brexit deal once ‘craziness’ passes
Britain has no choice but to agree an orderly exit from the European Union because the disruption of a hard Brexit would be too damaging to the British economy and … Read More
Month: October 2019
WTO slashes forecast for trade growth as conflicts mount
The World Trade Organization cut its forecast for growth in global trade this year by more than half on Tuesday and said further rounds of tariffs and retaliation, a slowing … Read More
Simultaneous blackout of online banking with many Indian lenders
When contacted a spokesperson for YES Bank pointed out at it’s an issue with all banks. – Stocks-Markets-Economic Times
Monsoon Likely To Withdraw From October 10: Weather Office
The monsoon generally begins in June and starts to retreat by September 1, but rains have continued beyond that date this year and triggered floods, killing hundreds. – NDTV … Read More
WPP poaches Sainsbury’s Rogers to be finance chief
Advertising group WPP has poached John Rogers, the boss of Sainsbury’s Argos business and previously seen as a frontrunner to be the British supermarket group’s next CEO, as its new … Read More
Investigator at centre of Credit Suisse spying case committed suicide – lawyer
A private investigator who organised the surveillance of a senior former Credit Suisse manager committed suicide last week, a lawyer for the security firm at the centre of the spying … Read More
RBL Bank cracks 22%; CEO says speculations behind fall
The scrip has now wiped off more than 60 per cent of investors’ wealth since May 2019. – Stocks-Markets-Economic Times
DBS expects RBI to make 20 bps rate cut this week
The RBI monetary policy committee (MPC) meets this week to decide on rates. – Stocks-Markets-Economic Times
Nifty, Sensex hammered by sell-off in banking, realty stocks
Indian shares plunged nearly 2% in afternoon trade on Tuesday, as investors fretted about the exposure of major banks to the troubled real estate sector, compounding worries about a slowdown … Read More
RBI Monetary Policy Meet Begins; Rate Cut On Cards To Boost Economy
The Governor has already hinted that the benign inflation provides room for further monetary policy easing while space for fiscal space is limited. – NDTV Profit – Latest