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The Financial Express
Mutual Funds increase exposure in bank stocks on cheaper valuation“The recent focus in clean-up of the Indian banking systems by the RBI and gove
Mutual Funds increase exposure in bank stocks on cheaper valuation
The Financial Express / Posted moments ago
“The recent focus in clean-up of the Indian banking systems by the RBI and government by rightly recognising NPAs (non-performing assets) to start with has beaten down banking stocks,” Wealthforce.com founder Siddhant Jain said. (Source: IE) Mutual... Read more
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The Financial Express
High interest rates impacting industry, small business: Nirmala SitharamanThe minister said she has already taken up the matter with the Finance Ministry
High interest rates impacting industry, small business: Nirmala Sitharaman
The Financial Express / Posted moments ago
The minister said she has already taken up the matter with the Finance Ministry and written to the Central Bank on the issue. (PTI) The minister said she has already taken up the matter with the Finance Ministry and written to the Central Bank on... Read more
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The Financial Express
Russia shows keen interest in cooperation with HaryanaHaryana has also assured all support and cooperation for further strengthening
Russia shows keen interest in cooperation with Haryana
The Financial Express / Posted moments ago
Haryana has also assured all support and cooperation for further strengthening business ties with Russia. (PTI) Russia has shown keen interest in mutual cooperation with Haryana in areas of aerospace and semi-conductor chip manufacturing. Haryana... Read more
2m
NBC Chicago
U of Chicago Plans $50M Entrepreneurship CenterThe University of Chicago plans to create a $50 million entrepreneurship and in
U of Chicago Plans $50M Entrepreneurship Center
NBC Chicago / Posted 2 minutes ago
The University of Chicago plans to create a $50 million entrepreneurship and innovation center. The school announced late Monday that the center will be funded with a commitment of $50 million from University Trustee Michael Polsky, including a new... Read more
4m
Business Standard India
Lack of quality produce pushes up cotton prices to Rs 36,500 a candySlight improvement in demand from textile mills supports price uptrend Accordi
Lack of quality produce pushes up cotton prices to Rs 36,500 a candy
Business Standard India / Posted 4 minutes ago
Slight improvement in demand from textile mills supports price uptrend According to industry sources, during the past week, cotton prices have gone up by almost Rs 500-600 per... Read more
4m
Business Standard India
VRL Promoters' plan to fly lead to crash landing of stockA 32% drop in Q4 net aided the fall in stock on the stock exchanges The stock
VRL Promoters' plan to fly lead to crash landing of stock
Business Standard India / Posted 4 minutes ago
A 32% drop in Q4 net aided the fall in stock on the stock exchanges The stock nose-dived to Rs 315.10, down Rs 78.75 on the Bombay Stock Exchange (BSE). VRL's promoters, Vijay Sankeshwar and... Read more
123 related stories
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Business Standard India
Infosys to run German bank's IT operationsThe IT major will streamline the investment bank's IT architecture and consolid
Infosys to run German bank's IT operations
Business Standard India / Posted 4 minutes ago
The IT major will streamline the investment bank's IT architecture and consolidate its systems and applications to service clients better "We will remodel the investment banking IT architecture, optimise IT... Read more
2 related stories
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Business Standard India
Why impending Fed rate hike news should not make investors panicThe best response to the event will be to stick to the asset allocation in your
Why impending Fed rate hike news should not make investors panic
Business Standard India / Posted 4 minutes ago
The best response to the event will be to stick to the asset allocation in your long-term portfolios After the minutes of the US Federal Reserve’s April meeting, where a rate hike was... Read more
4m
Business Standard India
Fair-market value formula for indirect share transfers not fair: ExpertsThe move could create troubles for both tax payer and the departmentin
Fair-market value formula for indirect share transfers not fair
Business Standard India / Posted 4 minutes ago
: ExpertsThe move could create troubles for both tax payer and the departmentin different situations Tax consultants and experts are seeing various irritants in the draft rules on... Read more
4 related stories
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Business Standard India
Milestone exits Mumbai project with 2.3 times returnsMilestone exited with Rs 280 crore in Neptune Group's Swarajya project wherein
Milestone exits Mumbai project with 2.3 times returns
Business Standard India / Posted 4 minutes ago
Milestone exited with Rs 280 crore in Neptune Group's Swarajya project wherein it had invested Rs 120 crore in May 2011 through Milestone Domestic Fund II & Milestone Fund Milestone exited with Rs... Read more
4m
Business Standard India
Axis Bank's top brass to take 20-50% cut in variable payThe decision to take a cut in variable pay came after the Q4FY16 results when t
Axis Bank's top brass to take 20-50% cut in variable pay
Business Standard India / Posted 4 minutes ago
The decision to take a cut in variable pay came after the Q4FY16 results when the lender reported a decline in its net profit after 46 quarters The country's third-largest private sector lender... Read more
5m
CTV News
Report: European banks to struggle, may need to cut costsFRANKFURT -- European banks are likely to struggle to make profits in months ah
Report: European banks to struggle, may need to cut costs
CTV News / Posted 5 minutes ago
FRANKFURT -- European banks are likely to struggle to make profits in months ahead and may need to cut costs, merge or change their business strategies to return to solid health, a report said Tuesday. In its review of financial stability in the... Read more
3 related stories
7m
The Seattle Times
Northwest mining firms to combine, boosting plan for disputed Montana projectHecla Mining of Idaho has agreed to acquire Spokane-based Mines Management in a
Northwest mining firms to combine, boosting plan for disputed Montana project
The Seattle Times / Posted 7 minutes ago
Hecla Mining of Idaho has agreed to acquire Spokane-based Mines Management in an all-stock transaction, putting a more powerful backer behind a controversial silver and copper project near northwest Montana’s Cabinet Mountains Wilderness. The... Read more
7m
Daily Herald
EU, Panama to discuss offshore accountsBRUSSELS -- The European Union will have talks with Panamanian authorities on W
EU, Panama to discuss offshore accounts
Daily Herald / Posted 7 minutes ago
BRUSSELS -- The European Union will have talks with Panamanian authorities on Wednesday in the wake of the offshore accounts scandal centering on people and multinationals stashing funds and avoid paying taxes, something which costs the EU billions a... Read more
8m
Gulf News
UBF examines reporting standardsMeeting reviews measures to support SMEs Dubai: The CEO Advisory Council of th
UBF examines reporting standards
Gulf News / Posted 8 minutes ago
Meeting reviews measures to support SMEs Dubai: The CEO Advisory Council of the UAE Banks Federation (UBF), the professional body representing 49 banks in the UAE, on Tuesday reviewed progress made on adoption of the latest iteration of... Read more
8m
San Francisco Chronicle
The largest US luxury homebuilder crushed earnings but acknowledged the big problem in the housing marketToll Brothers, the largest luxury homebuilder in the US, reported strong earnin
The largest US luxury homebuilder crushed earnings but acknowledged the big problem in the housing market
San Francisco Chronicle / Posted 8 minutes ago
Toll Brothers, the largest luxury homebuilder in the US, reported strong earnings Tuesday but acknowledged one of the biggest problems in the housing market. The homebuilder, which focuses much of its business in the high-end markets in California... Read more
8m
San Francisco Chronicle
The British pound is one fire — here's what's happening in FXGood morning! The British pound is stronger by 0.9% at 1.4607 against the doll
The British pound is one fire — here's what's happening in FX
San Francisco Chronicle / Posted 8 minutes ago
Good morning! The British pound is stronger by 0.9% at 1.4607 against the dollar at 7:46 a.m. ET. 55% of respondents said they back staying in the EU, compared to just 42% who said they want to leave. The referendum will take place on June 23. As... Read more
8m
San Francisco Chronicle
China's economy is being held hostage. The so-called zombie companies the Chinese government is supposed to be refo
China's economy is being held hostage
San Francisco Chronicle / Posted 8 minutes ago
. The so-called zombie companies the Chinese government is supposed to be reforming have hijacked the government's economic policy, and the dangerous bubble forming inside the country stands to grow until this... Read more
2 related stories
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San Francisco Chronicle
10 things you need to know before the opening bell (spy, spx, qqq, dia, db, ko, sne)Here is what you need to know. A black swan event in oil could send prices to
10 things you need to know before the opening bell (spy, spx, qqq, dia, db, ko, sne)
San Francisco Chronicle / Posted 8 minutes ago
Here is what you need to know. A black swan event in oil could send prices to $25 a barrel.Bank of America Merrill Lynch's commodities research team says continued dollar strength could cause a black swan in the oil market. The team thinks an even... Read more
8m
The Advocate
Bobby Tallo Realty acquires Pezant Real EstateBerkshire Hathaway HomeServices Bobby Tallo Realty has acquired Pezant Real Est
Bobby Tallo Realty acquires Pezant Real Estate
The Advocate / Posted 8 minutes ago
Berkshire Hathaway HomeServices Bobby Tallo Realty has acquired Pezant Real Estate for an undisclosed sum. The deal between the two Hammond-based firms will add 13 agents to Bobby Tallo Realty. The acquisition also expands the company’s footprint in... Read more
9m
National Geographic
Watch Europe’s Highest Active Volcano Fill the Sky With FireEtna is the largest active volcano in Italy and the country's highest point sou
Watch Europe’s Highest Active Volcano Fill the Sky With Fire
National Geographic / Posted 9 minutes ago
Etna is the largest active volcano in Italy and the country's highest point south of the Alps. It stands at the convergence of the African and Eurasian plates, and their movement results in the melting of rock and subsequent eruptions.... Read more
11m
The Globe and Mail
Citi predicts commodity rally, $65 oilA roundup of what The Globe and Mail’s market strategist Scott Barlow is readin
Citi predicts commodity rally, $65 oil
The Globe and Mail / Posted 11 minutes ago
A roundup of what The Globe and Mail’s market strategist Scott Barlow is reading this morning on the Web Domestic economists are predicting a sharp, if temporary slowdown in the economy, “BMO chief economist Douglas Porter said the economy may be... Read more
2 related stories
11m
PaperAge.com
Stora Enso Invests for Strategic Growth in Consumer Packaging BoardsMay 18, 2016 (Press Release) - Stora Enso will invest a total of approximately
Stora Enso Invests for Strategic Growth in Consumer Packaging Boards
PaperAge.com / Posted 11 minutes ago
May 18, 2016 (Press Release) - Stora Enso will invest a total of approximately EUR 70 million in a new polyethylene (PE) extrusion coating plant and an automated roll warehouse (ARW) at Imatra mills in Finland. Extrusion coating is a process used to... Read more
11m
The Globe and Mail
Fiat Chrysler names new head of Alfa Romeo and MaseratiFiat Chrysler Automobiles on Tuesday announced that its U.S. sales chief will t
Fiat Chrysler names new head of Alfa Romeo and Maserati
The Globe and Mail / Posted 11 minutes ago
Fiat Chrysler Automobiles on Tuesday announced that its U.S. sales chief will take over the premium Italian Alfa Romeo and Maserati brands. The move comes as Fiat Chrysler struggles to relaunch the brands key to its global strategy. The... Read more
3 related stories
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The Globe and Mail
AltaGas says Astomos to buy at least half propane exports from B.C. terminalA Calgary-based company has lined up a buyer for half of the propane it hopes t
AltaGas says Astomos to buy at least half propane exports from B.C. terminal
The Globe and Mail / Posted 11 minutes ago
A Calgary-based company has lined up a buyer for half of the propane it hopes to export from a deep-water terminal northwest of Vancouver. AltaGas Ltd. says it’s reached a preliminary agreement on key terms with Astomos Energy Corp., which would buy... Read more
12m
Newsmax
Doubts Mount Over $54 Billion Merger of Health Insurers Anthem, CignaCigna shares closed down 4 percent at $126.15, well below Anthem's original $18
Doubts Mount Over $54 Billion Merger of Health Insurers Anthem, Cigna
Newsmax / Posted 12 minutes ago
Cigna shares closed down 4 percent at $126.15, well below Anthem's original $188 per share offer of cash and stock announced last July. Anthem shares fell 1.8 percent to $133.18. "The market is telling you that it feels the probability of the deal... Read more
11 related stories
13m
Food Business Review
DSM modifies Delvo range of quark cultures to meet customer demands DSM has modified its Delvo Fresh range of quark cultures to meet the customer
DSM modifies Delvo range of quark cultures to meet customer demands
Food Business Review / Posted 13 minutes ago
DSM has modified its Delvo Fresh range of quark cultures to meet the customer demands for smoother, creamier quark with a subtle flavour. Apart from contributing to healthy,... Read more
13m
Ilford Recorder
Ilford apprentices looking ahead to futures in finance L-R: Chidera Eze, Devraj Singh Sira and Reema Khamar all completed LTSB's 'Mo
Ilford apprentices looking ahead to futures in finance
Ilford Recorder / Posted 13 minutes ago
L-R: Chidera Eze, Devraj Singh Sira and Reema Khamar all completed LTSB's 'More than an Apprenticeship' programme Three 21-year-olds from Ilford can now look forward to promising careers in... Read more
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iol.co.za
Joburg ditches plans for massive rate hikesJohannesburg - It’s a good-news 2016/17 budget for Joburg residents. The City o
Joburg ditches plans for massive rate hikes
iol.co.za / Posted 13 minutes ago
Johannesburg - It’s a good-news 2016/17 budget for Joburg residents. The City of Joburg has listened to the concerns of its people regarding the proposed huge increases in municipal tariffs. On tuesday morning, the city’s member of the mayoral... Read more
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Bdnews24.com
Hike in excise duty on tobacco products demandedSixteen anti-tobacco groups made the demand ahead of the budget for the 2016-17
Hike in excise duty on tobacco products demanded
Bdnews24.com / Posted 13 minutes ago
Sixteen anti-tobacco groups made the demand ahead of the budget for the 2016-17 fiscal at a press conference at the National Press Club on Tuesday. Joint Convenor of the Anti-Tobacco Media Alliance (ATMA) Nadira Kiran called upon the government to... Read more
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