[ad_1] MUMBAI (Reuters) – Qatar Airways will not buy a stake in Jet Airways as a substantial portion of the debt-laden Indian carrier is held by Etihad Airways, whose owner Abu Dhabi is an “enemy”
Oil prices rise 1 percent amid supply cuts, but economic slowdown dims demand outlook
[ad_1] SINGAPORE (Reuters) – Oil prices rose by around 1 percent on Tuesday amid supply cuts led by producer club OPEC and Russia, although a darkening economic outlook may soon weigh on growth in fuel
Global Markets: Asia shares up on hopes for China stimulus, Brexit vote awaited
[ad_1] TOKYO (Reuters) – Asian stocks rose on Tuesday, supported by a bounce in Chinese shares amid hopes for government stimulus, while sterling braced for the vote in parliament over the British government’s plan to
Gold steady on Fed rate pause hopes, stronger equities
[ad_1] BENGALURU (Reuters) – Gold prices held steady on Tuesday, supported by market expectations of fewer interest rate hikes in the year by the U.S. Federal Reserve, while a bounce in Chinese equities stoked interest
Etihad to raise stake in cash-strapped Jet Airways: source
[ad_1] ABU DHABI (Reuters) – Etihad Airways plans to hike its stake in debt-laden Jet Airways (JET.NS), a person close to the Abu Dhabi carrier told Reuters late on Monday, further driving up shares of
China signals more stimulus as economic slowdown deepens
[ad_1] BEIJING (Reuters) – China will aim to achieve “a good start” in the first quarter for the economy, the state planner said on Tuesday, signalling authorities could roll out more stimulus measures in the
Global Markets: China shares prop-up Asia on stimulus hopes, sterling braces for Brexit plan
[ad_1] TOKYO (Reuters) – Asian stocks pulled ahead on Tuesday, led by a bounce in Chinese shares as Beijing signalled more supportive measures to stabilise a slowing economy, while the British pound braced for a
Gold steady as dollar gains on fears of economic slowdown
[ad_1] FILE PHOTO: A salesperson arranges 24K gold bracelets for Chinese weddings at the Chow Tai Fook Jewellery store in Hong Kong, China, December 14, 2017. REUTERS/Tyrone Siu/File Photo BENGALURU (Reuters) – Gold prices were
Asian shares on defensive, sterling braces for Brexit vote
[ad_1] TOKYO (Reuters) – Asian shares were on back foot on Tuesday as an unexpected drop in China’s exports heightened worries about the global economy while the British pound braced for a showdown in parliament
No. 1 US utility PG&E prepares bankruptcy filing after California wildfires
[ad_1] (Reuters) – PG&E Corp, owner of the biggest U.S. power utility by customers, said on Monday it is preparing to file for Chapter 11 bankruptcy protection as soon as this month amid pressure from