[ad_1] FILE PHOTO: The Bombardier FV-Dosto double-deck train “Ville de Geneve” of Swiss railway operator SBB is seen at the central station in Zurich, Switzerland April 29, 2019. REUTERS/Arnd Wiegmann/File Photo PARIS/MONTREAL (Reuters) – Canada’s
Thyssenkrupp shortlists buyout firms for elevator unit, Kone out
[ad_1] FRANKFURT/DUESSELDORF, Germany (Reuters) – Germany’s Thyssenkrupp has shortlisted two private equity consortia in the sale of its 16 billion euro ($17 billion) elevator unit, dealing a blow to Finland’s Kone, which withdrew from the
If Vodafone Idea disconnects, India picks up the bill
[ad_1] NEW DELHI (Reuters) – India faces a multi-billion-dollar hit to its economy and a tarnished reputation as a place for multinationals to invest unless it can keep Vodafone Idea in business. FILE PHOTO: A
India’s annual coal power output falls for first time in a decade
[ad_1] BAMBOLIM, Goa, India (Reuters) – India’s annual electricity generation from coal-fired utilities fell in 2019 for the first time in a decade, government data showed, amid a broader economic slowdown and increased use of
Coronavirus could hamper $2.24 billion in Indian solar projects – Crisil
[ad_1] NEW DELHI (Reuters) – Indian solar power projects worth $2.24 billion are at risk of higher costs, including fines, due to the coronavirus outbreak in China — a major supplier of modules, the local
Gold eases from near 2-week high on China central bank stimulus
[ad_1] (Reuters) – Gold prices on Monday eased from a near two-week high, as a monetary policy intervention by China’s central bank to limit the economic impact from the coronavirus outbreak reassured investors and boosted
Oil prices steady as coronavirus-related demand concerns weigh
[ad_1] LONDON (Reuters) – Oil prices were little changed on Monday as concerns over the economic fallout from the coronavirus outbreak in China were offset by hopes that potential output cuts from major producers could
RBI’s three-year repo auction sees hefty demand
[ad_1] MUMBAI (Reuters) – The Reserve Bank of India’s first-ever long term repo operation (LTRO) saw massive demand on Monday with banks bidding for 7.8 times the funds on offer. A security guard’s reflection is
Environmental activists stage protests at commodities groups in Geneva – police
[ad_1] ZURICH (Reuters) – Environmental activists staged protests at offices of commodities groups Cargill, Vitol and Mercuria in Geneva on Monday, cantonal police said. About 50 activists were present for about 15 minutes at Cargill’s
Oyo says annual loss grew over six-fold on China expansion
[ad_1] BENGALURU (Reuters) – SoftBank-backed (9984.T) Oyo Hotels and Homes said on Monday losses widened more than six-fold in the year to March 2019, as the India-based hotel chain spent heavily to expand into China.