Market Watch

Top News – Reuters

  • Banks expected to share tiny proportion of mammoth Saudi Aramco IPO
    on January 17, 2018 at 5:47 pm

    LONDON (Reuters) - The banks that will advise and execute Saudi Aramco's stock market listing are expected to share a tiny proportion of the $100 billion Riyadh hopes to raise in its initial public offering, according to banking sources and industry insiders. […]

  • After Carillion, Interserve shares hit by report that Britain is 'worried' about firm
    on January 17, 2018 at 5:24 pm

    LONDON (Reuters) - Shares in British contractor Interserve dropped on Wednesday after a report the government was monitoring the company, exacerbating worries about the sector two days after the collapse of competitor Carillion. […]

  • India to auction 55 oil and gas exploration blocks
    on January 17, 2018 at 4:15 pm

    NEW DELHI (Reuters) - India will begin the auction of 55 oil and gas exploration blocks from Thursday under new rules, the country's first licensing round after eight years, as it seeks to unlock its vast hydrocarbon resources, the upstream regulator said. […]

  • Big U.S. lenders reap benefits of higher rates, but savers not so much
    on January 17, 2018 at 4:10 pm

    NEW YORK (Reuters) - The U.S. Federal Reserve began steadily raising interest rates one year ago, offering a long-awaited tailwind for bank earnings because lenders can charge borrowers more for loans. […]

  • India will need at least $125 billion to fund renewables dream: government official
    on January 17, 2018 at 3:38 pm

    NEW DELHI (Reuters) - India will need at least $125 billion to fund its ambitious plan to increase the share of renewable power supply in the country’s grid by 2022, a top government official told Reuters, underlining the immense financing challenge ahead. […]

  • Two-year race for top ECB jobs start next week
    on January 17, 2018 at 3:31 pm

    FRANKFURT/BRUSSELS (Reuters) - Euro zone officials could pick a new European Central Bank vice president within weeks, kicking off two years of flux at the top of one of Europe's most vital institutions and previewing a tussle to replace ECB chief Mario Draghi in 2019. […]

  • Bitcoin slumps below $10,000, half its peak, as regulatory fears intensify
    on January 17, 2018 at 3:20 pm

    LONDON/TOKYO (Reuters) - Bitcoin skidded below $10,000 on Wednesday, halving in value from its peak price, with investors gripped by fears regulators could clamp down on the volatile cryptocurrency that sky-rocketed last year. […]

  • Bharti Infratel third-quarter profit falls, misses estimates
    on January 17, 2018 at 12:14 pm

    (Reuters) - Mobile masts operator Bharti Infratel Ltd said on Wednesday its net profit fell 5.6 percent in the third quarter, missing analysts' estimates, pulled down by higher expenses. […]

  • Hindustan Unilever Q3 profit surges 28 percent
    on January 17, 2018 at 10:44 am

    (Reuters) - Hindustan Unilever Ltd posted a 28 percent rise in its third-quarter profit on Wednesday, underpinned by higher sales from its personal care business. […]

  • Government cuts extra borrowing but markets still nervous
    on January 17, 2018 at 7:53 am

    MUMBAI/NEW DELHI (Reuters) - India has cut its additional market borrowing requirement for the current fiscal year by 60 percent after reviewing trends in revenue receipts and expenditure patterns, the finance ministry said on Wednesday, sending bond yields sharply lower. […]

Latest updates on business, finance and economy from across the world

The Hindu – Business News