[ad_1] (Reuters) – Gold fell on Tuesday, retreating from a near one-month peak hit in the previous session, as equity markets regained some ground following a sharp slide driven by fears of a global slowdown,
Oil rises further above $67 as OPEC cuts counter economic concern
[ad_1] LONDON (Reuters) – Oil rose further above $67 a barrel on Tuesday as OPEC supply cuts and expectations of lower U.S. inventories outweighed concern about weaker demand due to an economic slowdown. FILE PHOTO:
Ex-McKinsey chief Rajat Gupta says he was in solitary for weeks in U.S. jail
[ad_1] NEW DELHI (Reuters) – Rajat Gupta, one of the most prominent members of the global financial elite until he was convicted of insider trading in 2012, has revealed he was kept in solitary confinement
Uber buys rival Careem in $3.1 billion deal to dominate ride-hailing in Middle East
[ad_1] SAN FRANCISCO (Reuters) – Global ride-hailing firm Uber Technologies Inc will spend $3.1 billion to acquire Middle East rival Careem, buying dominance in a competitive region ahead of a hotly anticipated initial public offering.
Trade tensions could cut Asia’s economic growth by 0.5 percent points – IMF
[ad_1] IMF Deputy Managing Director Zhang Tao attends the China Development Forum in Beijing, China, March 18, 2017. REUTERS/Thomas Peter/Files BEIJING (Reuters) – Trade tensions between the U.S. and China have caused huge amounts of
Reliance Industries buys ITC’s menswear brand John Players
[ad_1] FILE PHOTO: A bird flies past a Reliance Industries logo installed on its mart in Ahmedabad, India January 16, 2017. REUTERS/Amit Dave/File Photo (Reuters) – Reliance Industries Ltd said on Tuesday its unit Reliance
Singapore February factory output expands 0.7 percent
[ad_1] Employees are seen by their workstations at a printed circuit board assembly factory in Singapore June 28, 2016. REUTERS/Edgar Su/Files SINGAPORE (Reuters) – Singapore’s industrial production in February expanded slightly on a year-on-year basis
Jet Airways shares soar after founder Goyal exits
[ad_1] FILE PHOTO: A Jet Airways signage is seen at a check-in counter at the Chhatrapati Shivaji International airport in Mumbai, February 14, 2018. REUTERS/Danish Siddiqui/File Photo (Reuters) – Jet Airways Ltd’s shares climbed about
Samsung Electronics flags earnings miss as chip prices slide
[ad_1] SEOUL (Reuters) – Samsung Electronics Co Ltd said on Tuesday first-quarter profit would likely miss market expectations due to falls in chip prices and slowing demand for display panels, in an unprecedented statement ahead
Asian shares shaky as U.S. bond yields hit lowest since late 2017
[ad_1] TOKYO (Reuters) – Asian shares were shaky on Tuesday after U.S. Treasury yields sank to their lowest since late 2017, further below short-term interest rates and adding to fears of a U.S. recession. FILE