Business

Trending stories

More

Latest stories

1m
My EastText
World oil prices back at $50World oil prices have just passed a key milestone on their long journey out of
World oil prices back at $50
My EastText / Posted a minute ago
World oil prices have just passed a key milestone on their long journey out of the doldrums, hitting $50 for the first time in six months. Brent crude, one of three key benchmarks for global oil trade, stood at just more than $50 early on Thursday,... Read more
1m
Business Standard India
Apollo Hospitals to invest around Rs 1,000 cr over next 2 yearsThe hospitals chain to cross 10,000 beds mark by this fiscal end The company a
Apollo Hospitals to invest around Rs 1,000 cr over next 2 years
Business Standard India / Posted a minute ago
The hospitals chain to cross 10,000 beds mark by this fiscal end The company also said it is waiting for approval to raise Rs 750 crore through rights issue. Krishnan Akhileswaran,... Read more
1m
Business Standard India
India Cements Q4 profit up 49% at Rs 51 crCompany plans to invest around Rs 350 cr over next three years India Cements L
India Cements Q4 profit up 49% at Rs 51 cr
Business Standard India / Posted a minute ago
Company plans to invest around Rs 350 cr over next three years India Cements Ltd has posted a net profit of Rs 51.21 crore for the quarter ended March 31, 2016, whereas the same was at Rs 36.60 crore for the... Read more
1m
Business Standard India
Ashok Leyland decides to focus on core businessExits from construction JV; writes off Rs 510 cr in Nissan venture Ashok Leyla
Ashok Leyland decides to focus on core business
Business Standard India / Posted a minute ago
Exits from construction JV; writes off Rs 510 cr in Nissan venture Ashok Leyland's net profit for the March quarter took a hit due to exceptional items. The commercial vehicle major's net profit fell... Read more
1m
Business Standard India
India's bankruptcy law positive for banks: Moody'sIt also added that significant infrastructure constraints have to be crossed fo
India's bankruptcy law positive for banks: Moody's
Business Standard India / Posted a minute ago
It also added that significant infrastructure constraints have to be crossed for the framework to be fully operational Global credit rating agency Moody's Investors Service on Thursday said India's... Read more
1m
Business Standard India
IREDA to consider raising funds via non-convertible bondsIREDA had earlier this month said that it may raise Rs 1,500-2,000 crore throug
IREDA to consider raising funds via non-convertible bonds
Business Standard India / Posted a minute ago
IREDA had earlier this month said that it may raise Rs 1,500-2,000 crore through taxable bonds in the ongoing fiscal State-owned renewable energy player Indian Renewable Energy Development... Read more
1m
Business Standard India
Bull-run continues; Sensex soars 1,062 points in two daysAfter clocking 576-point gain in Wednesday’s trade, S&P BSE Sensex extended the
Bull-run continues; Sensex soars 1,062 points in two days
Business Standard India / Posted a minute ago
After clocking 576-point gain in Wednesday’s trade, S&P BSE Sensex extended the up move and surged 486 points on Thursday, also the last day for expiry of contracts for the May F&O series, as participants indulged in buying valuable stocks at... Read more
1m
Business Standard India
It is hard to miss L&T's S N Subrahmanyan if you are a business flyerWhen you land at Mumbai, Delhi, Bengaluru or Hyderabad airport’s new terminals
It is hard to miss L&T's S N Subrahmanyan if you are a business flyer
Business Standard India / Posted a minute ago
When you land at Mumbai, Delhi, Bengaluru or Hyderabad airport’s new terminals you incidentally touch base with S N Subrahmanyan, the man credited with securing and managing EPC (engineering, procurement and construction) contracts for four... Read more
2m
Kiama Independent
Sydney families head southThe Illawarra is experiencing a surge of Sydney residents looking for a better
Sydney families head south
Kiama Independent / Posted 2 minutes ago
The Illawarra is experiencing a surge of Sydney residents looking for a better lifestyle, keeping demand high for real estate. House SwapOne Sydney family wanted a home for their kids, so joined the many others who have trekked south to buy a... Read more
3m
KENS 5 San Antonio
Does a $70,000 minimum wage work?About a year ago, Gravity Payments CEO Dan Price turned the national debate ove
Does a $70,000 minimum wage work?
KENS 5 San Antonio / Posted 3 minutes ago
About a year ago, Gravity Payments CEO Dan Price turned the national debate over a $15 minimum wage inside out by announcing that he was raising the salaries of his 100 or so employees to at least $70,000. With shoulder length hair and Brad Pitt... Read more
4 related stories
3m
KTVB Boise
Does a $70,000 minimum wage work?About a year ago, Gravity Payments CEO Dan Price turned the national debate ove
Does a $70,000 minimum wage work?
KTVB Boise / Posted 3 minutes ago
About a year ago, Gravity Payments CEO Dan Price turned the national debate over a $15 minimum wage inside out by announcing that he was raising the salaries of his 100 or so employees to at least $70,000. With shoulder length hair and Brad Pitt... Read more
4 related stories
4m
Oxford Mail
Oil prices back above 50-dollar mark as Brent crude bounces backOil prices have risen above 50 US dollars a barrel for the first time in nearly
Oil prices back above 50-dollar mark as Brent crude bounces back
Oxford Mail / Posted 4 minutes ago
Oil prices have risen above 50 US dollars a barrel for the first time in nearly seven months as the cost of crude continues to bounce back. Benchmark Brent crude rose 1% to 50.22 dollars at one stage, its highest level since early November, after... Read more
67 related stories
4m
Oxford Mail
Asos co-founder sells £46 million worth of shares to fund divorce settlementThe co-founder of online fashion firm Asos has sold off £46 million worth of sh
Asos co-founder sells £46 million worth of shares to fund divorce settlement
Oxford Mail / Posted 4 minutes ago
The co-founder of online fashion firm Asos has sold off £46 million worth of shares to help stump up cash for a costly divorce settlement. Nick Robertson sold 1.3 million shares to help pay his ex-wife £70 million following a High Court divorce... Read more
18 related stories
4m
Irish Examiner
100 job losses at Ulster Bank 'will hit staff and customers badly' | Irish Examiner Thursday, May 26, 2016 - 11:07 am Management at Ulster Ba
100 job losses at Ulster Bank 'will hit staff and customers badly'
Irish Examiner / Posted 4 minutes ago
| Irish Examiner Thursday, May 26, 2016 - 11:07 am Management at Ulster Bank have today confirmed the loss of... Read more
5m
Daily Herald
Global stocks higher on oil boostKUALA LUMPUR, Malaysia -- Global stock markets were mostly higher Thursday afte
Global stocks higher on oil boost
Daily Herald / Posted 5 minutes ago
KUALA LUMPUR, Malaysia -- Global stock markets were mostly higher Thursday after oil prices hit $50 a barrel for the first time since November. KEEPING SCORE: In early European trading, Britain's FTSE 100 was up 0.04 percent at 6,265.09 and France's... Read more
7 related stories
6m
Streatham Guardian
Asos co-founder sells £46 million worth of shares to fund divorce settlementThe co-founder of online fashion firm Asos has sold off £46 million worth of sh
Asos co-founder sells £46 million worth of shares to fund divorce settlement
Streatham Guardian / Posted 6 minutes ago
The co-founder of online fashion firm Asos has sold off £46 million worth of shares to help stump up cash for a costly divorce settlement. Nick Robertson sold 1.3 million shares to help pay his ex-wife £70 million following a High Court divorce... Read more
18 related stories
6m
The Globe and Mail
When higher oil, stronger Canadian dollar don't get you all that muchOil prices are on the rise this morning, and the Canadian dollar along with the
When higher oil, stronger Canadian dollar don't get you all that much
The Globe and Mail / Posted 6 minutes ago
Oil prices are on the rise this morning, and the Canadian dollar along with them, better news for Canada’s embattled energy patch. But where the former is concerned, how big a boost is that? And for the latter, how much is too much? “While higher... Read more
6m
Streatham Guardian
Oil prices back above 50-dollar mark as Brent crude bounces backOil prices have risen above 50 US dollars a barrel for the first time in nearly
Oil prices back above 50-dollar mark as Brent crude bounces back
Streatham Guardian / Posted 6 minutes ago
Oil prices have risen above 50 US dollars a barrel for the first time in nearly seven months as the cost of crude continues to bounce back. Benchmark Brent crude rose 1% to 50.22 dollars at one stage, its highest level since early November, after... Read more
67 related stories
7m
Bury Times
Oil prices back above 50-dollar mark as Brent crude bounces backOil prices have risen above 50 US dollars a barrel for the first time in nearly
Oil prices back above 50-dollar mark as Brent crude bounces back
Bury Times / Posted 7 minutes ago
Oil prices have risen above 50 US dollars a barrel for the first time in nearly seven months as the cost of crude continues to bounce back. Benchmark Brent crude rose 1% to 50.22 dollars at one stage, its highest level since early November, after... Read more
67 related stories
7m
Bury Times
Asos co-founder sells £46 million worth of shares to fund divorce settlementThe co-founder of online fashion firm Asos has sold off £46 million worth of sh
Asos co-founder sells £46 million worth of shares to fund divorce settlement
Bury Times / Posted 7 minutes ago
The co-founder of online fashion firm Asos has sold off £46 million worth of shares to help stump up cash for a costly divorce settlement. Nick Robertson sold 1.3 million shares to help pay his ex-wife £70 million following a High Court divorce... Read more
18 related stories
7m
Derbyshire Times
Police warn against scamBusinesses across Derbyshire are being urged to be on their guard against money
Police warn against scam
Derbyshire Times / Posted 7 minutes ago
Businesses across Derbyshire are being urged to be on their guard against money laundering fraudsters. Police are teaming up with the National Fraud Intelligence Bureau (NFIB) to raise awareness of a new type of scam which sees overseas ‘investors’... Read more
8m
Boston Globe
Donald Trump accuses Elizabeth Warren of making quick profits by flipping housesWASHINGTON — Presumptive Republican nominee Donald Trump opened a new line of a
Donald Trump accuses Elizabeth Warren of making quick profits by flipping houses
Boston Globe / Posted 8 minutes ago
WASHINGTON — Presumptive Republican nominee Donald Trump opened a new line of attack against Elizabeth Warren Wednesday, accusing the Democratic Massachusetts senator of being a “total hypocrite” because she “bought foreclosed housing and made a... Read more
59 related stories
9m
The Globe and Mail
Sears posts bigger loss, exploring options for two businessesSears Holdings Corp. reported a bigger net loss as sales fell and said it was e
Sears posts bigger loss, exploring options for two businesses
The Globe and Mail / Posted 9 minutes ago
Sears Holdings Corp. reported a bigger net loss as sales fell and said it was exploring potential partnerships or other deals for its unit that holds the Kenmore, Craftsman and DieHard brands and its Sears Home Services business. The company said... Read more
9m
The Globe and Mail
Brent oil breaks above $50 for first time in seven monthsBrent oil futures climbed above $50 a barrel on Thursday for the first time in
Brent oil breaks above $50 for first time in seven months
The Globe and Mail / Posted 9 minutes ago
Brent oil futures climbed above $50 a barrel on Thursday for the first time in nearly seven months as a global supply glut that plagued the market for nearly two years showed signs of easing. Oil prices have rallied in recent weeks as a string of... Read more
67 related stories
9m
The Globe and Mail
CIBC’s boosts dividend as profit rises, sets aside more funds for bad loansCanadian Imperial Bank of Commerce reported a 3.5 per cent rise in quarterly pr
CIBC’s boosts dividend as profit rises, sets aside more funds for bad loans
The Globe and Mail / Posted 9 minutes ago
Canadian Imperial Bank of Commerce reported a 3.5 per cent rise in quarterly profit, helped by growth in its retail and business banking division. The bank’s net income rose to $926-million, or $2.35 per share, in the second quarter ended April 30... Read more
9m
The Globe and Mail
RBC’s profit climbs 7 per centRoyal Bank of Canada on Thursday reported a 7 per cent increase in second-quart
RBC’s profit climbs 7 per cent
The Globe and Mail / Posted 9 minutes ago
Royal Bank of Canada on Thursday reported a 7 per cent increase in second-quarter profit, which it said reflected strength across its businesses. Canada’s biggest bank by market value said net income excluding one-off items for the second quarter to... Read more
9m
5KSDK St. Louis
Does a $70,000 minimum wage work?About a year ago, Gravity Payments CEO Dan Price turned the national debate ove
Does a $70,000 minimum wage work?
5KSDK St. Louis / Posted 9 minutes ago
About a year ago, Gravity Payments CEO Dan Price turned the national debate over a $15 minimum wage inside out by announcing that he was raising the salaries of his 100 or so employees to at least $70,000. With shoulder length hair and Brad Pitt... Read more
4 related stories
10m
The Daily Mercury
Urannah selling to New York investorsDON'T be surprised if New York investment bankers recognise the word 'Urannah'.
Urannah selling to New York investors
The Daily Mercury / Posted 10 minutes ago
DON'T be surprised if New York investment bankers recognise the word 'Urannah'. Because Initiative Capital's managing director John Cotter, one of the private sector investors in the Urannah Dam project, has already spruiked its merits on Wall... Read more
11m
iol.co.za
Massmart up despite economic doldrumsJohannesburg - South African wholesale and retail group Massmart’s sales rose 9
Massmart up despite economic doldrums
iol.co.za / Posted 11 minutes ago
Johannesburg - South African wholesale and retail group Massmart’s sales rose 9 percent for the first 21 weeks of its financial year despite a sluggish economy and a drought-induced rise in food prices, it said on Thursday. Shares in Massmart, a... Read more
11m
iol.co.za
Trouble brews for African banksJohannesburg - Trouble is brewing in banks across sub-Saharan Africa. The cont
Trouble brews for African banks
iol.co.za / Posted 11 minutes ago
Johannesburg - Trouble is brewing in banks across sub-Saharan Africa. The continent was once so lauded as the next big investment destination that it lured the likes of ex-Barclays CEO Bob Diamond, who started a business focused on buying African... Read more
More