[ad_1] NEW DELHI (Reuters) – Big U.S. tech firms such as Google and Facebook plan to seek deferment of a new Indian digital tax, which has caught them off-guard as businesses battle the fallout from
Oil rises after 18-year lows prompt U.S.-Russia talks plan
[ad_1] LONDON (Reuters) – Oil prices firmed on Tuesday after U.S. President Donald Trump and Russian counterpart Vladimir Putin agreed to talks aimed at stabilising energy markets, with benchmarks climbing off 18-year lows hit as
Huawei warns China will strike back against new U.S. restrictions
[ad_1] SHENZHEN, China (Reuters) – Huawei warned on Tuesday that 2020 would be its most difficult year yet due to American trade restrictions which dealt a blow to its overseas sales in 2019, and predicted
Global Markets: Stocks rally after Chinese data boost to close worst quarter since 2008
[ad_1] LONDON (Reuters) – World stocks looked set to close their worst quarter since 2008 on a brighter note on Tuesday, as strong Chinese factory data held out hope for an economic revival even as
Gold falls as dollar firms, shares rally; set to post quarterly gain
[ad_1] FILE PHOTO: Newly casted ingots of 99.99% pure gold are stored after weighing at the Krastsvetmet non-ferrous metals plant, one of the world’s largest producers in the precious metals industry, in the Siberian city
Asia dealmakers look to take-privates, distressed sales as M&As slump to 7-year low
[ad_1] HONG KONG/SINGAPORE (Reuters) – Asia’s dealmakers are looking to distressed sales and a pick-up in take-private deals after fallout from the coronavirus outbreak sent first-quarter M&A activity to a seven-year low. Bankers and other
Indian bonds rally on new foreign investment category; H1 borrowing in focus
[ad_1] MUMBAI (Reuters) – Indian bonds rallied on Tuesday after the Reserve Bank of India (RBI) announced a new category for foreign investors, while hopes of a reduction in April’s borrowing or cancellation ahead of
Nifty, Sensex track Asian peers higher; China data lifts sentiment
[ad_1] BENGALURU (Reuters) – Indian shares edged up on Tuesday, tracking broader Asian peers, after upbeat factory data from China gave investors hope of a rebound in activity, despite a spike in coronavirus cases back
Global Markets: Asia shares inch up, China’s factories show flicker of life
[ad_1] SYDNEY (Reuters) – Asian shares were closing out a calamitous quarter with a tentative rally on Tuesday as factory data from China held out the hope of a rebound in activity, even as much
Coronavirus could force GM to delay its redesigned 2021 SUVs
[ad_1] DETROIT (Reuters) – General Motors told suppliers on Monday it is postponing work on at least half a dozen future models to conserve cash during the coronavirus pandemic and suggested it could delay the