[ad_1] WASHINGTON/NEW YORK (Reuters) – Risk-taking has been the rage since the Federal Reserve quit hiking interest rates at the end of last year. U.S. stocks are back near record highs and investors are stockpiling
Aramco to buy Shell’s 50 percent stake in Saudi refining JV for $631 million
[ad_1] FILE PHOTO: Logo of Saudi Aramco is seen at the 20th Middle East Oil & Gas Show and Conference (MOES 2017) in Manama, Bahrain, March 7, 2017. REUTERS/Hamad I Mohammed//File Photo DUBAI (Reuters) –
In nod to debt concerns, China Belt and Road summit to urge sustainable financing
[ad_1] SHANGHAI (Reuters) – World leaders meeting in Beijing this week for a summit on China’s Belt and Road initiative will agree to project financing that respects global debt goals and promotes green growth, according
HDFC Bank fourth-quarter profit up 22.6 percent to record high
[ad_1] The headquarters of HDFC bank is pictured in Mumbai, December 4, 2015. REUTERS/Shailesh Andrade (Reuters) – India’s HDFC Bank Ltd reported a record quarterly net profit of 58.85 billion rupees ($848 million) on Saturday,
Qatar’s sovereign fund, Crown Acquisitions named as investors in $5.6 billion New York deal
[ad_1] NEW YORK/DUBAI (Reuters) – Qatar Investment Authority (QIA) and private realty firm Crown Acquisitions said on Friday they were the unnamed investors in a deal with Vornado Realty Trust valued at $5.56 billion that
Reliance says not involved in any cash payment arrangement to Venezuela’s PDVSA for oil
[ad_1] A worker collects a crude oil sample at an oil well operated by Venezuela’s state oil company PDVSA in Morichal, Venezuela, July 28, 2011. REUTERS/Carlos Garcia Rawlins/Files MUMBAI (Reuters) – Reliance Industries denied involvement
Tesla to shrink board to seven directors from 11
[ad_1] (Reuters) – Tesla Inc said on Friday that four members of its eleven-member board would be leaving over the next two years, as the electric car company looks to streamline its board. A Tesla
PepsiCo results beat as new CEO’s ad push lifts sales
[ad_1] (Reuters) – PepsiCo Inc’s quarterly sales and profit beat Wall Street estimates on Wednesday, as the beverage maker’s advertising and marketing push helped drive sales of its snacks, sparkling waters and low-sugar sodas globally.
U.S. intelligence says Huawei funded by Chinese state security: report
[ad_1] (Reuters) – U.S. intelligence has accused Huawei Technologies of being funded by Chinese state security, The Times said on Saturday, adding to the list of allegations faced by the Chinese technology company in the
Seagram heiress Clare Bronfman pleads guilty in New York sex cult case
[ad_1] NEW YORK (Reuters) – Seagram liquor heiress Clare Bronfman pleaded guilty on Friday to harboring an illegal immigrant and enabling credit card fraud as part of an alleged sex cult based in upstate New