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Russian oil finds its way to Europe via India; India now biggest exporter of fuel to EU

Russian oil finds its way to Europe via India; India now biggest exporter of fuel to EU

Sun, Nov 10, 2024

India's export of fuels like diesel to the European Union jumped 58 per cent in the first three quarters of 2024, with a bulk of them likely coming from refining discounted Russian oil, according to a monthly tracker report.

Meta slapped with $102 million privacy-related penalty

Meta slapped with $102 million privacy-related penalty

Fri, Sep 27, 2024

Meta was punished Friday with a fine worth more than USD 100 million from the social media giant's European Union privacy regulator over a security lapse involving passwords for Facebook users.

EU transfers 1.5 billion euros of frozen Russian assets to aid Ukraine

EU transfers 1.5 billion euros of frozen Russian assets to aid Ukraine

Sat, Jul 27, 2024

In a statement on Friday, the EU said this was the first payment derived from immobilised Russian assets.

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Britain's PM Theresa May to put stamp on Brexit before G20 summit

Britain's PM Theresa May to put stamp on Brexit before G20 summit

Mon, Aug 29, 2016

May wants to make sure before she departs for Hangzhou that world leaders gathering in Hangzhou were in no doubt about her proclamation that Brexit means Brexit.

Infosys says seeing client-specific issues after Brexit, shares down 1.08%

Infosys says seeing client-specific issues after Brexit, shares down 1.08%

Fri, Aug 26, 2016

IT services provider Infosys is seeing some 'softness' in clients after Britain voted in June to leave the European Union (EU), a top company executive said during an analyst meet on Friday.

WATCH: Top 5 stories of this morning; From Tata Motors to post Q1 results today to RBI's revision of norms for currency markets

WATCH: Top 5 stories of this morning; From Tata Motors to post Q1 results today to RBI's revision of norms for currency markets

Fri, Aug 26, 2016

Zee Business brings you the most important stories of the day that will help you shape your market strategies and keep you informed with the latest developments. Top 5 stories of this morning: 1. SGX Nifty flat amid weak global cues

Gold fall over 1% on US Fed rate hike comments

Gold fall over 1% on US Fed rate hike comments

Sat, Aug 20, 2016

Gold fell more than 1% on Friday, snapping a four-day streak of gains following conflicting signals from US Federal Reserve officials on the timing of a possible rate hike, but was still on track for its second straight week higher.

Gold falls on hawkish US Fed rate comments

Gold falls on hawkish US Fed rate comments

Fri, Aug 19, 2016

Gold fell for the first time in five sessions early on Friday as hawkish comments from US Federal Reserve officials renewed bets on a US rate hike this year. Fundamentals: * Spot gold was down 0.3% at $1,348.26 an ounce at 0103 GMT.

UK employers scale back hiring plans after Brexit vote

UK employers scale back hiring plans after Brexit vote

Mon, Aug 15, 2016

British employers have turned more cautious about hiring and are less likely to invest in training for their workers following the decision in June by voters to leave the European Union (EU), a survey showed on Monday.

Asian shares ease as Japan's economic growth stalls in Q2

Asian shares ease as Japan's economic growth stalls in Q2

Mon, Aug 15, 2016

Asian shares inched back from one-year peaks on Monday after Japanese data showed the world's third largest economy hit an air pocket last quarter, while oil prices held onto their recent gains as markets globally made a slow start to the week.

Brexit could be delayed until late 2019, report says

Brexit could be delayed until late 2019, report says

Sun, Aug 14, 2016

An unnamed cabinet minister told the paper there were "some challenges" in the German and French electoral timetables.

China's July exports up 2.90% in yuan terms: Customs

China's July exports up 2.90% in yuan terms: Customs

Mon, Aug 08, 2016

Total trade volume with the European Union (EU), China's biggest trading partner, rose 1.8% in the first seven months of the year, Customs said in a statement, and was up 0.8% with Japan.

Global economic uncertainity an opportunity for India's masala bonds

Global economic uncertainity an opportunity for India's masala bonds

Wed, Jul 27, 2016

Ongoing uncertainity in the global markets and Britain's decision to leave the European Union (EU) are likely to give an opportunity for India's Blue Chip Masala Bonds to attract more overseas investors.

India's GDP growth will face challenges like weak global demand, corporate influence: Moody's

India's GDP growth will face challenges like weak global demand, corporate influence: Moody's

Tue, Jul 05, 2016

"The growth will be adversely affected by high leverage of some large corporates also weighs on credit demand, while impaired assets in the banking system negatively affect credit supply," Moody's Senior Vice-President Marie Diron said in the report.

Sterling skids to fresh 31-year low on Brexit fallout worries

Sterling skids to fresh 31-year low on Brexit fallout worries

Tue, Jul 05, 2016

The pound, the asset that has borne the brunt of market concerns about the economic impact of the vote, slid as much as 1.3% on Tuesday to hit $1.3112, its lowest since September 1985.

Oil dips back below $50 on economic worries

Oil dips back below $50 on economic worries

Tue, Jul 05, 2016

"The deterioration in the global economic outlook, financial market uncertainty and ripple effects on key areas of oil demand growth are likely to exacerbate already-lacklustre industrial demand growth trends," Barclays said in a report.

Gold eases off near two-year high, silver crosses $21/oz

Gold eases off near two-year high, silver crosses $21/oz

Mon, Jul 04, 2016

Spot gold is expected to break a resistance at $1,351 per ounce and rise more to the next resistance at $1,367, said Reuters technical analyst Wang Tao.

Rupee gains 23 paise against dollar in early trade

Rupee gains 23 paise against dollar in early trade

Tue, Jun 28, 2016

Besides, weakness in the dollar against some other currencies overseas gave the rupee some muscle, forex dealers said.

Global equities extend losses, sterling near 30-year lows in Brexit aftermath

Global equities extend losses, sterling near 30-year lows in Brexit aftermath

Tue, Jun 28, 2016

Global equities took another step down in Asia on Tuesday, with regional markets sliding and sterling wallowing near three-decade lows as Britain's shock vote to exit the European Union (EU) continued to roil financial markets.

Brexit vote sends new shocks through financial markets, political chaos deepens

Brexit vote sends new shocks through financial markets, political chaos deepens

Mon, Jun 27, 2016

Cameron's refusal to start formal moves immediately to pull the country out of the EU has prompted many European leaders to demand quicker action by Britain.

Brexit impact: Indian pharma seems immune, says Phillip Capital

Brexit impact: Indian pharma seems immune, says Phillip Capital

Mon, Jun 27, 2016

"Brexit has raised business concerns around the world about trade and currency fluctuations, but Indian pharma seems immune," Surya Patra and Mehul Sheth from Phillip Capital Research said in research note on June 24.

Brexit impact: Rupee likely to range from Rs 67 to 68 against dollar in near term

Brexit impact: Rupee likely to range from Rs 67 to 68 against dollar in near term

Sat, Jun 25, 2016

The Indian rupee is predicted to range between 67.20 to 68.20 in the very near-term.

Brexit an 'exaggerated' Tsunami alert to world, says Anand Mahindra

Brexit an 'exaggerated' Tsunami alert to world, says Anand Mahindra

Sat, Jun 25, 2016

Explaining the rationale, he said, "The European experiment was akin to rolling a boulder uphill in the absence of complete political and fiscal union."

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