[ad_1] BENGALURU (Reuters) – The Indian economy is likely to suffer its worst quarter since the mid-1990s, hit by the ongoing lockdown imposed to stem the spread of coronavirus, according to a Reuters poll, which
Sensex, Nifty climb on stimulus hopes, surge in banks and IT firms
[ad_1] A broker reacts while trading at his computer terminal at a stock brokerage firm in Mumbai, India, February 1, 2020. REUTERS/Francis Mascarenhas/Files BENGALURU (Reuters) – Indian shares marked a six-week closing high on Thursday,
For SoftBank’s Son, coronavirus turns vision to illusion
[ad_1] BANGALORE/TOKYO (Reuters) – SoftBank Group Corp (9984.T) founder Masayoshi Son’s dream of a global tech empire is unravelling, with the coronavirus crisis compounding losses at his $100 billion Vision Fund and distress at his
Oil surges as producers trim output to respond to demand loss
[ad_1] TOKYO (Reuters) – Oil surged on Thursday amid signs that producers are cutting production to weather a collapse in demand as the coronavirus outbreak ravages world economies, while the U.S. state of Oklahoma also
Takeaway issues shares after watchdog gives Just Eat buy final approval
[ad_1] AMSTERDAM (Reuters) – Europe’s largest online food ordering service Just Eat Takeaway.com NV moved quickly to shore up its finances with an overnight share and convertible bond issue, as Britain’s competition watchdog gave the
Gold eases on profit-taking, but holds above $1,700 level
[ad_1] (Reuters) – Gold edged lower on Thursday as investors booked profits from sharp gains in the previous session, but prices held above the $1,700 an ounce level on the promise of more U.S. stimulus
Record U.S. jobless claims wipe out post-Great Recession employment gains
[ad_1] WASHINGTON (Reuters) – A record 26 million Americans likely sought unemployment benefits over the last five weeks, confirming that all the jobs created during the longest employment boom in U.S. history were wiped out
Exclusive: Quibi downloads reach 2.7 million, TV feature to start in May
[ad_1] LOS ANGELES (Reuters) – New streaming service Quibi, which offers entertainment and news in episodes of 10 minutes or less on mobile phones, has been downloaded more than 2.7 million times since its April
Peruvian coca farmers to Paris pushers, coronavirus upends global narcotics trade
[ad_1] RIO DE JANEIRO/MEXICO CITY (Reuters) – Countries around the world have spent billions of dollars bailing out businesses affected by the coronavirus outbreak. Peru’s coca farmers, who grow the bushy plant used to make
Exclusive: Two SpiceJet lessors in talks to reclaim planes over missed payments – sources
[ad_1] NEW DELHI/SINGAPORE (Reuters) – Two lessors to Indian carrier SpiceJet Ltd (SPJT.NS) are in talks to terminate contracts and repossess planes via mutually agreed deals with the airline over missed payments, according to two