U.S. agency calls for safer lithium-ion batteries after Samsung fires U.S. agency calls for safer lithium-ion batteries after Samsung fires:- Safety standards for lithium-ion batteries need to be modernized following a massive recall of Samsung Electronics Co Ltd phones after faulty batteries caused fires, a U.S. government agency said on […]
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Business
Sensex rises for third session, boosted by financials Sensex rises for third session, boosted by financials:- Indian shares rose for a third consecutive session on Wednesday to hit their highest in nearly 2-1/2 months, as financial stocks continued to rally on the back of quarterly results, while sentiment was aided […]
Toshiba to unveil extent of U.S. nuclear business writedown on February 14 Toshiba to unveil extent of U.S. nuclear business writedown on February 14:- Japan’s Toshiba Corp (6502.T) said it will unveil the extent of the writedown on its U.S. nuclear business on Feb. 14 when it reports its results […]
Dollar steadies after stumble, sterling rides out Brexit ruling Dollar steadies after stumble, sterling rides out Brexit ruling:- The dollar steadied on Tuesday, recovering from a dip on fears that U.S. President Donald Trump’s focus on protectionism over fiscal stimulus suggested his administration might be content to gain a competitive […]
Oil eases after two-day gain, rising U.S. production weighs Oil eases after two-day gain, rising U.S. production weighs:- Oil ticked lower on Monday, falling for the first time in three sessions as prospects of rising U.S. production weighed on the market. U.S. energy companies last week added the most rigs […]
Blackstone readies new Asia real estate fund of at least Dollar 5 billion Blackstone readies new Asia real estate fund of at least Dollar 5 billion:- Blackstone Group LP (BX.N) is readying a new Asia-focused real estate fund that aims to raise a record $5 billion or more, betting on […]
Dollar slips, shares wobbly after Trump’s protectionist address Dollar slips, shares wobbly after Trump’s protectionist address:- The dollar slid broadly on Monday after U.S. President Donald Trump struck a protectionist tone in his inauguration speech, undermining optimism over the U.S. economy spurred by his promises of tax cuts and other […]
Japan’s PM says will keep seeking Trump’s understanding on TPP Japan’s PM says will keep seeking Trump’s understanding on TPP:- Japanese Prime Minister Shinzo Abe said on Monday he believed U.S. President Donald Trump understood the value of free trade and that he would keep pitching a multinational trade pact […]
Wall Street ends higher as Trump becomes president Wall Street ends higher as Trump becomes president:- U.S. stocks closed higher on Friday in a modest but broad-based advance as Donald Trump was sworn in as U.S. President, marking the first time in more than 50 years that a new commander-in-chief […]
History suggests Trump month will be stocks down, dollar up History suggests Trump month will be stocks down, dollar up:- For financial markets, the Trump era begins on Monday, and if history is any guide the following month should be a rocky one for Wall Street but positive for the […]