[ad_1] FILE PHOTO: A woman walks past a signboard of Dewan Housing Finance Corporation Ltd. (DHFL) outside its office on the outskirts of Mumbai, January 31, 2019. REUTERS/Francis Mascarenhas/File Photo BENGALURU (Reuters) – Crisis-hit property
Gold dips as encouraging China data stokes risk-on sentiment
[ad_1] (Reuters) – Gold prices slipped on Monday, consolidating above $1,400 pivot, as key China data assuaged concerns about global economic slowdown and boosted appetite for riskier assets. FILE PHOTO: A man arranges gold jewels
Gilead deepens Galapagos ties with $5.1 billion deal
[ad_1] (Reuters) – Gilead Sciences Inc will invest $5.1 billion to raise its stake in Galapagos NV and partner with the Belgian-Dutch biotech firm to develop and commercialize its treatments for a ten-year period, the
Groping for new tools, central banks look at Japan’s yield controls
[ad_1] TOKYO/WASHINGTON/FRANKFURT (Reuters) – Japanese-style interest rate caps are drawing interest from global central bankers worried about a downturn, including U.S. Federal Reserve officials grappling with how to bolster their options as prospects for the
China second-quarter GDP growth slows to 27-year low, more stimulus expected
[ad_1] China’s economic growth slowed to 6.2% in the second quarter, its weakest pace in at least 27 years, as demand at home and abroad faltered in the face of mounting U.S. trade pressure. [ad_2]
Global Markets: Asian shares pull ahead after encouraging Chinese data
[ad_1] SYDNEY (Reuters) – Asian shares advanced on Monday as investors breathed a sigh of relief after encouraging Chinese data suggested the world’s second-biggest economy may be starting to stabilise thanks to ramped-up stimulus from
Storm Barry cuts 73% of U.S. offshore oil production: U.S. government
[ad_1] Tourists walk on Bourbon St. during Hurricane Barry in New Orleans, Louisiana, U.S. July 13, 2019. REUTERS/Jonathan Bachman HOUSTON (Reuters) – Tropical Storm Barry has cut 73%, or 1.38 million barrels per day (bpd),
India says Deloitte misreading law in challenging government’s call for ban
[ad_1] NEW DELHI (Reuters) – India has told a tribunal the local auditing affiliate of international accounting group Deloitte Touche Tohmatsu is misreading a key law as the firm seeks to avoid a five-year ban
Shares in DHFL set to tumble, awaiting resolution plan
[ad_1] MUMBAI (Reuters) – Shares in one of India’s biggest home loan and property finance companies, Dewan Housing Finance Ltd (DHFL), are expected to fall sharply on Monday after the lender reported dismal results and
American Airlines extends Boeing 737 MAX cancellations for fourth time
[ad_1] (Reuters) – American Airlines Group Inc said on Sunday it is extending for a fourth time cancellations of about 115 daily flights into early November due to the ongoing grounding of the Boeing Co