YES Bank board okays nearly $2 billion fund-raising plan
The bank’s board will meet again on December 10 to finalise and approve details of the preferential allotment. – Stocks-Markets-Economic Times
Month: November 2019
LVMH buys into luxury rose wine
Moet Hennessy, LVMH’s wines and spirit unit, said on Friday it had acquired a 55% stake in Chateau d’Esclans, a rose wine producer in the scenic Var region of southeastern … Read More
Exclusive: U.S. weighs new regulations to further restrict Huawei suppliers – sources
The U.S. government may expand its power to stop more foreign shipments of products with U.S. technology to China’s Huawei, amid frustration the company’s blacklisting has failed to cut off … Read More
Oil slumps but still set for monthly hike ahead of OPEC+ meeting
Oil prices fell nearly 4% on Friday in muted activity because of the U.S. Thanksgiving holiday, but were still set for monthly gains as OPEC watchers expect an extension next … Read More
As Juncker bids farewell, new EU executive begins with scrutiny over Luxembourg tax
Officials from the new European Commission will discuss an International Monetary Fund study that lists Luxembourg as a world-leading tax haven just days after the former leader of the Grand … Read More
Swiss firm Zurich Airport wins bid to develop Jewar Airport
Swiss firm outbids Adani, DIAL – The Hindu – Industry
Bharti Airtel planning to raise USD 3 billion: Banking sources
The company has informed the bourses that its board meeting on December 4 would consider a proposal to raise funds through issues of equity or bonds. – Stocks-Markets-Economic Times
Fiscal deficit hits 102% of Budget estimate
The country’s fiscal deficit hit 102.4% of the 2019-20 Budget Estimate at ₹7.2 lakh crore at the end of October, government data showed on Friday. The – The Hindu … Read More
Wall Street slips as U.S. law on Hong Kong brings back trade fears
U.S. stocks slipped on Friday in a post-holiday shortened session as a U.S.-China discord over Hong Kong reignited trade tensions and retail stocks dipped on signs of a tepid start … Read More
Chinese envoy to Canada visits detained Huawei CFO, urges Ottawa to correct ‘mistake’
China’s new ambassador to Canada visited a senior Huawei Technologies Co Ltd official who is fighting extradition to the United States and urged Ottawa to release her, the embassy said … Read More