[ad_1] (Reuters) – Carnival Corp reported a record $4.4 billion in quarterly losses on Thursday, as the COVID-19 pandemic crippled the world’s biggest cruise operator and forced it to take major write-downs on the disposal
U.S. gasoline demand recovery falters as refiners ramp up output
[ad_1] NEW YORK (Reuters) – A recovery in demand for gasoline in the United States, the world’s largest market for the motor fuel, hit a plateau last week as coronavirus cases surged in some states,
Wirecard scrambles to find missing $2.1 billion as loan crunch looms
[ad_1] BERLIN (Reuters) – Wirecard’s auditor has refused to sign off its 2019 accounts over a missing $2.1 billion, sending its shares down more than 60% as the German payments firm said the delay could
India rice prices hit over two-month low on weaker rupee, muted demand
[ad_1] (Reuters) – Indian export rice prices fell to their lowest in more than two months this week due to a weaker rupee and muted demand, while mounting supplies from an ongoing harvest weighed on
Oil prices broadly stable after mixed U.S. data
[ad_1] FILE PHOTO: The sun is seen behind a crude oil pump jack in the Permian Basin in Loving County, Texas, U.S., November 22, 2019. REUTERS/Angus Mordant/File Photo LONDON (Reuters) – Oil prices were broadly
Exclusive: India plans extra tariffs, trade barriers on 300 imported products – sources
[ad_1] NEW DELHI (Reuters) – India plans to impose higher trade barriers and raise import duties on around 300 products from China and elsewhere, two government officials said, as part of an effort to protect
Lloyd’s of London to pay for its ‘shameful’ sins in Atlantic slave trade
[ad_1] LONDON (Reuters) – The Lloyd’s of London insurance market has apologised for its “shameful” role in the 18th and 19th Century Atlantic slave trade and has agreed to fund charities and organisations promoting opportunities
India to launch new rural job programme for migrants
[ad_1] FILE PHOTO: India’s Finance Minister Nirmala Sitharaman attends a joint news conference with U.S. Treasury Secretary Steven Mnuchin in New Delhi, India, November 1, 2019. REUTERS/Adnan Abidi/File Photo NEW DELHI (Reuters) – India will
Gold firms as new virus cases cast shadow over economic recovery hopes
[ad_1] (Reuters) – Gold prices rose on Thursday, as fears that new coronavirus cases could impede economic recovery bolstered demand for the precious metal and weighed on riskier assets. FILE PHOTO: Gold bars and coins
India’s rice output could hit record as farmers expand area
[ad_1] MUMBAI (Reuters) – India’s rice production is likely to surge to a record high as farmers are expanding the area under paddy because of good monsoon rains and after the government raised the price