[ad_1] NEW DELHI (Reuters) – India’s Reliance Industries (RELI.NS) late on Friday said U.S. private equity fund Silver Lake and its co-investors will put in an additional 45.46 billion rupees ($601.40 million) in the company’s
Bonds falter as blazing stock rally lures investors
[ad_1] (Reuters) – Improving U.S. economic data is pushing investors out of U.S. government bonds at the fastest pace in months, the latest sign that risk appetite is returning to broader markets. FILE PHOTO: FILE
Exclusive: U.S. considers blacklisting more oil tankers for trading with Venezuela, sources say
[ad_1] LONDON/NEW YORK (Reuters) – The United States is considering imposing sanctions on at least 40 additional foreign oil tankers for trading with Venezuela, four shipping sources told Reuters on Friday. The sources said the
Equities surge, bonds tumble on surprise U.S. jobs gains
[ad_1] NEW YORK (Reuters) – An unexpected jump in U.S. employment sent world equities surging on hopes that the global economy has started to recover from the coronavirus pandemic, pulling investors out of perceived safe
U.S. labour market unexpectedly improves, but recovery expected to be a slog
[ad_1] WASHINGTON (Reuters) – The U.S. economy unexpectedly added jobs in May after suffering record losses in the prior month, offering the clearest signal yet that the downturn triggered by the COVID-19 pandemic was probably
SBI profit lifted by stake sale in boost to shares
[ad_1] MUMBAI/BENGALURU (Reuters) – State Bank of India said on Friday its quarterly net profit had risen by 327% to 35.81 billion rupees ($474 million) after a one-off gain from the sale of its stake
U.S. unemployment rate unexpectedly falls in May
[ad_1] FILE PHOTO – A man speaks with a library worker after receiving an unemployment form, as the outbreak of coronavirus disease (COVID-19) continues, in Miami Beach, Florida, U.S., April 8, 2020. REUTERS/Marco Bello WASHINGTON
British luxury carmaker Bentley to cut quarter of workforce
[ad_1] (Reuters) – British luxury carmaker Bentley Motors said on Friday it plans to shed up to 1,000 jobs, nearly a quarter of its workforce, adding to the gloom in the sector hit hard by
Sensex, Nifty end higher as financials gain; SBI surges 8%
[ad_1] BENGALURU (Reuters) – Indian shares closed higher on Friday, led by gains in financials, with the State Bank of India surging 8% after reporting a more than four-fold jump in its profit for the
German industry orders in record slump, but worst is likely over
[ad_1] BERLIN (Reuters) – Orders for German industrial goods fell 25.8% in April, suffering their biggest drop since records began in 1991, but the low point has probably passed for the backbone of Europe’s largest