[ad_1] NEW DELHI (Reuters) – Saudi Arabia aims to raise the capacity of its east-west pipeline by 40% in two years so more of its oil exports can avoid passing through the Strait of Hormuz,
India to get above-average monsoon rains in next two weeks
[ad_1] MUMBAI (Reuters) – India is likely to get above-average rainfall in the next two weeks after receiving below average rains in the past two weeks, a weather department official said on Thursday, helping summer-sown
Corrected: Clariant suffers another setback as JV talks with SABIC collapse
[ad_1] (Corrects timing of CEO departure to this week, not last week) FILE PHOTO: The logo of Swiss specialty chemicals company Clariant is seen at the company’s headquarters in Pratteln, Switzerland August 9, 2017. REUTERS/Arnd
Tata Motors first-quarter loss nearly doubles, JLR challenges continue
[ad_1] BENGALURU (Reuters) – Jaguar Land Rover owner Tata Motors Ltd on Thursday reported a bigger-than-expected quarterly loss that nearly doubled, as a slump in demand for cars continued at home, while plant shutdowns and
PM’s office wants finance ministry to restudy issuing overseas sovereign bond – sources
[ad_1] NEW DELHI (Reuters) – The Indian Prime Minister’s Office wants the finance ministry to reassess the idea of issuing foreign currency overseas sovereign bonds, two sources knowledgeable about the development said on Thursday. The
Fund managers make fast exits in China’s new STAR Market, retail investors pile in
[ad_1] SHANGHAI (Reuters) – As China’s new Nasdaq-style tech board approaches the end of its first week of volatile trade, fund managers are offloading their holdings to hungry retail investors and locking in bumper profits.
China and U.S. trade negotiators to meet in Shanghai July 30-31
[ad_1] FILE PHOTO: U.S. and Chinese flags are seen in front of a U.S. dollar banknote featuring American founding father Benjamin Franklin and a China’s yuan banknote featuring late Chinese chairman Mao Zedong in this
With finger on trigger, ECB aims at more stimulus
[ad_1] FRANKFURT (Reuters) – The European Central Bank is all but certain to ease policy further on Thursday, with the biggest question whether it staggers its moves over several months or opts for a big
Diageo’s profit rises on strong demand, cost cuts
[ad_1] Diageo’s Guinness branding is seen outside a pub in London February 12, 2008. REUTERS/Stephen Hird/File Photo (Reuters) – Diageo, the world’s largest spirits company, reported higher annual profit on Thursday, helped by growth across
AB InBev beats earnings expectations as beer sales spike
[ad_1] Portfolio beer brands of Budweiser Brewing Company APAC Ltd are displayed during a news conference on the company’s IPO in Hong Kong, China July 4, 2019. REUTERS/Andrew Geoffrey Jackson BRUSSELS (Reuters) – Anheuser-Busch InBev,