[ad_1] MUMBAI/BENGALURU (Reuters) – Indian lender Yes Bank Ltd posted a 91% drop in quarterly profit on Wednesday, due to a nearly three-fold rise in provisions for loan losses, while asset quality deteriorated sharply. A
Bank of America profit rises on loan growth
[ad_1] FILE PHOTO: A Bank of America logo is seen in New York City, New York, U.S. January 10, 2017. REUTERS/Stephanie Keith/File Photo (Reuters) – Bank of America Corp reported a 10% increase in quarterly
Ericsson warns on negative margin impact, shares fall 7%
[ad_1] STOCKHOLM (Reuters) – Telecoms equipment maker Ericsson posted quarterly earnings in line with forecasts but said it expected costs related to winning new contracts for its network business to hit profit margins in the
Prices of cardamom, Queen of Spices, soar as wild weather wipes Indian production
[ad_1] NEW DELHI (Reuters) – Every year, tens of millions of Hindus flock to the Venkateswara Temple in the southern Indian state of Andhra Pradesh to pay tribute to site’s patron deity and pick up
Amazon in deal with German watchdog to overhaul marketplace terms
[ad_1] FRANKFURT (Reuters) – Amazon (AMZN.O) has reached a deal with Germany’s anti-trust authority to overhaul its terms of service for third-party merchants, taking action to appease regulators as pressure on the e-commerce giant grows
Oil prices gain, U.S. crude trails Brent after inventory data
[ad_1] TOKYO (Reuters) – Oil prices rose on Wednesday after steep falls in the previous session, although U.S. crude trailed gains for international benchmark Brent following data showing U.S. crude inventories fell less than expected.
Making sense of chaos? Algos scour social media for clues to crypto moves
[ad_1] LONDON (Reuters) – After months of relative calm in cryptocurrency markets, bitcoin exploded back into life in April with its sharpest price jump in over a year – but few people could convincingly explain
U.S. FDA finds ‘significant violations’ at India’s Strides plant
[ad_1] Pharmaceutical tablets and capsules are arranged on a table in a photo illustration shot September 18, 2013. REUTERS/Srdjan Zivulovic/Illustration/File Photo (Reuters) – The U.S. Food and Drug Administration (FDA) said it found adulteration and
Starting with Netflix, FANG reports to test Wall St. rally’s mettle
[ad_1] SAN FRANCISCO (Reuters) – A wave of quarterly reports from Netflix (NFLX.O) and other top-tier, high-growth companies starting on Wednesday will test Wall Street’s willingness to extend a recent really driven by expectations of
WeWork to lease 21-storey prime office tower in Singapore
[ad_1] The WeWork logo is displayed on the entrance of a co-working space in New York City, New York U.S., January 8, 2019. REUTERS/Brendan McDermid/Files SINGAPORE (Reuters) – Singaporean office landlord CapitaLand Commercial Trust (CCT)