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The world’s biggest fashion retailer, Inditex, on Wednesday reported weaker-than-expected growth in profit margins in the first half of the year, knocking its shares lower. – Reuters: Money News
Oil prices rose on Wednesday after a reported sharp drop in U.S. crude stocks as OPEC member Iraq said the producer group will discuss whether to deepen output cuts. … Read More
The Hong Kong Exchanges and Clearing Limited has proposed a 31.6 billion pound ($39 billion) takeover of the London Stock Exchange, it said on Wednesday, just weeks after the London … Read More
China’s auto sales could experience negative to low growth over the next three years, an official with the country’s top industry association said, after sales fell for a 14th consecutive … Read More
Oil executives and traders attending major industry gatherings in Singapore and Abu Dhabi this week have flagged deteriorating demand growth in key markets such as China and India for the … Read More
India’s fuel demand rose 2.8 percent in August compared with the same month last year. – Reuters: Money News
OPEC and its allies will discuss whether there is a need for deeper production cuts at a ministerial committee meeting on Thursday, Iraq’s oil minister said on Wednesday. – … Read More
Foreign flows into Asian bonds were mixed in August, with India and South Korean bonds securing most of the regional inflows thanks to their high returns, while concern over slowing … Read More
Foreign flows into Asian bonds were mixed in August, with India and South Korean bonds securing most of the regional inflows thanks to their high returns, while concern over slowing … Read More
India’s Oil and Natural Gas Corp Ltd plans to buy out the rest of a western Indian petrochemical project it does not already own and launch a public offering if … Read More