Show Financial News

Inflation in the U.K. dropped sharply in October to its lowest level in two years largely because last year's steep rise in domestic energy bills dropped out of the annual comparison

Japan has reported that its economy contracted at a 2.1% annual pace in July-September as consumption and investment weakened

The leader of the United Arab Emirates has toured the Dubai Air Show as a sanctioned Russian arms supplier displayed an attack helicopter used in its war on Ukraine

China has reported its economic growth showed more signs of rekindling in October as retail sales and factory output picked up even though the property sector remained sluggish

Global shares are mostly higher, cheered by a rally on Wall Street that was one of the best days of the year following a surprisingly encouraging report on inflation

A German thinktank has reported that to prevent global warming from surpassing the critical threshold of 1.5 Celsius, major Asian economies must ensure they can get half of their total electricity from renewables by 2030

The company run by Mexican TV, retail and banking magnate Ricardo Salinas Pliego says it has failed to reach agreement with bondholders in the United States who are owed tens of millions of dollars in past-due payments

Investing.com — Warren Buffett's Berkshire Hathaway (NYSE:BRKb) exited its stake in a number of big-name publicly-listed U.S. businesses, including healthcare giant Johnson & Johnson (NYSE:JNJ) and carmaker General Motors (NYSE:GM), according to a closely-watched filing with the Securities and Exchange Commission on Tuesday.

We don’t support this browser anymore. This means our website may not look and work as you would expect. Read more about browsers and how to update them here.

We don’t support this browser anymore. This means our website may not look and work as you would expect. Read more about browsers and how to update them here.

Mohit Burman, Chairman, Dabur Group, says “we are decent people. We are doing everything by the book. So, we will continue getting our approvals and then at the end of the day the shareholders can decide whether they want to tender their shares into the open offer or not. I mean, all the other options which can cause any sort of problems to the acquisition, we are not looking at those.” What is your next plan of action? We will continue getting our regulatory approvals. We have already applied to the CCI, that should come in the next few weeks. Then, we have SEBI, IRDA and RBI. As I said, we have already met the fit and proper test for most of these regulatory bodies. So, I do not see any problem; however, with all these allegations being thrown at us, we are tackling them. The other point is that a lot of other chunky shareholders. Have you interacted with them? Are they okay with your strategy informally? Informally, we believe all shareholders are okay and are fine with this.

Investing.com — The Dow closed higher Tuesday as sliding Treasury yields paved the way for tech stocks to rack up gains after a cooler-than-expected inflation report supported investor expectations that the Federal Reserve's hiking cycle has ended.

Investing.com -- U.S. stock futures inch up on Wednesday, after the main indices on Wall Street soared in the prior session on optimism that slower-than-projected inflation data may lead the Federal Reserve to end its long-standing policy tightening campaign. Meanwhile, Target (NYSE:TGT) gears up to release its latest quarterly results and industrial activity in China grows at a faster than expected pace in October.

Investing.com-- The Japanese economy shrank more than expected in the third quarter as sticky inflation and a weak yen dented private spending, while demand in the country’s biggest export destinations also worsened. 

Investing.com — The U.S. dollar edged higher in early European trade Wednesday, attempting a rebound after the previous session’s sharp losses as cooling U.S. inflation raised expectations that the Federal Reserve has reached the end of its monetary tightening cycle.

(Reuters) — U.S. stock index futures rose on Wednesday, paving the way for fresh gains on Wall Street, as an encouraging inflation report fueled hopes U.S. interest rates have peaked.

Joe Biden and Xi Jinping head into their big meeting at a country estate on Wednesday hoping to stabilise US-China relations after a period of tumult, but the US president also is prepared to confront his counterpart on difficult issues such as trade, Beijing's burgeoning relationship with Iran and human rights concerns. The two leaders, who will meet on the sidelines of a summit of Asian-Pacific leaders, last spoke a year ago. Since then, already fraught ties between the two economic superpowers have been further strained by the U.S.

Tube Investments of India Ltd. dropped 0.39 per cent to Rs 3154.0 at 02:10PM (IST) in Wednesday's trade. The counter hit a high of Rs 3203.7 and low of Rs 3130.5 so far during the session.

The collapse of TPG Telecom’s $6.3 billion deal with Vocus Group shows the difficulty of spinning off telecommunications infrastructure from businesses that sell services to consumers, analysts say.

Four months after Barrenjoey’s bankers boarded Queensland Airports Limited, the auction is ready for take-off.

DP World has confirmed hackers stole data during a breach that forced it to shut down ports around the country last week and which experts say was likely to have stemmed from its failure to patch a widely known security flaw.