[ad_1] NEW DELHI (Reuters) – Indian food delivery company Zomato aims to branch out into delivering alcohol, according to a document seen by Reuters, as it seeks to cash in on high demand for booze
As central banks break the junk debt barrier, investors will follow
[ad_1] (Reuters) – Recent central bank bond-buying to calm market turmoil has breached the wall dividing top-grade debt from so-called junk-rated issues, raising the likelihood of the investment industry and even regulators eventually dismantling the
GSK selling $3.45 billion stake in Hindustan Unilever – source
[ad_1] The GlaxoSmithKline (GSK) logo is seen on top of GSK Asia House in Singapore, March 21, 2018. Picture taken March 21, 2018. REUTERS/Loriene Perera/Files (Reuters) – GlaxoSmithKline is selling $3.45 billion worth of shares
GM sets May 18 North American restart as profit tops estimates
[ad_1] DETROIT (Reuters) – General Motors Co on Wednesday outlined plans for a May 18 restart of most of its North American plants shut down by the coronavirus pandemic as it reported a stronger than
EU recovery plan to be ready in weeks, approved in June: Gentiloni
[ad_1] FILE PHOTO: European Economic Commissioner Paolo Gentiloni attends a news conference on public finances in EU states at European Union Commission headquarters in Brussels, Belgium February 26, 2020. REUTERS/Francois Lenoir BRUSSELS (Reuters) – The
Sensex, Nifty gain on bank stocks’ boost; focus on stimulus
[ad_1] A bird flies past the Bombay Stock Exchange (BSE) building in Mumbai, India, January 31, 2020. REUTERS/Francis Mascarenhas/File Photo BENGALURU (Reuters) – Indian shares rose on Wednesday on the back of a resurgence in
Assore chrome mine in South Africa shuts after worker diagnosed with COVID-19
[ad_1] JOHANNESBURG (Reuters) – South Africa’s Assore suspended production at a chrome mine this week after an employee tested positive for COVID-19, the company said on Wednesday, highlighting the challenge mining firms face as they
Samsung heir Lee apologises over succession, labour controversy
[ad_1] Samsung Electronics Vice Chairman, Jay Y. Lee, speaks during a news conference at a company’s office building in Seoul, South Korea, May 6, 2020. REUTERS/Kim Hong-Ji/Pool SEOUL (Reuters) – Samsung Group heir Jay Y.
India’s April edible oil imports drop 34%: trade body
[ad_1] NEW DELHI (Reuters) – India’s edible oil imports fell 34% to 790,377 tonnes in April, a leading trade body said on Wednesday, due to logistical difficulties, including delays in the discharge of imported oils,
Asia gasoil margins drop to record low amid signs of Indian export surge
[ad_1] SINGAPORE (Reuters) – Asian gasoil profit margins plunged to a record low on Tuesday amid signs of surging exports from India, indicating how much the regional market is struggling from travel restrictions and lockdowns