- Drugmaker GSK to split after folding in Pfizer consumer unitLONDON (Reuters) - GlaxoSmithKline (GSK.
India's Stock Exchange Most Dependent on US Federal Reserve, Says ICICI Prudential HeadUS Federal Reserve happens to be the biggest driver for Indian stock markets towering over oil, elections and banking shakeouts, according to the nation's biggest money manager.
Indian carriers to order up to 2,300 planes over next 20 years: BoeingBoeing Co raised its Indian aircraft order forecast to a record, predicting the nation's carriers would order up to 2,300 new planes worth $320 billion over the next 20 years.
US dollar wallows near 1-week low as Fed's policy signal awaitedThe dollar languished close to one-week lows on Wednesday as investors wagered the Federal Reserve would slow the pace of U.S. monetary tightening after its keenly-watched policy meeting later in the day.
Italy strikes budget deal with European CommissionThe government of Italy has reached a deal with the European Commission over the Rome’s budget deficit, ending a stand-off that had upset bond markets and threatened to re-open the wider eurzone crisis.
Oil prices climb after tumble on hint markets stabilizingOil prices rebounded on Wednesday after falling for the past three sesssions with worries about oversupply and a slowing global economy keeping markets under pressure though sentiment may be shifting as falling equity markets seemed to stabilize.
Rupee Strengthens 50 paise to 69.94 Against US DollarEnglish हिन्दी বাংলা मराठी ગુજરાતી ಕನ್ನಡ தமிழ் മലയാളം తెలుగు ਪੰਜਾਬੀ اردو Mumbai: Continuing its rising spree, the rupee appreciated by another 50 paise to breach the 70 per dollar-mark in opening trade on Wednesday on a persistent drop in crude prices amid fresh foreign fund inflows and sustained selling of the American currency by exporters and banks.
Asian business confidence wallows near three-year low on trade worries: Thomson Reuters/INSEADA very cautious optimism remains among Asian companies in the fourth quarter as they wait to see whether there will be any breakthrough in a trade dispute between the United States and China, a Thomson Reuters/INSEAD survey showed.
DealBook Briefing: Inside Facebook’s Huge Data Giveaway to Its Big Tech BrethrenGood Wednesday morning.
Sensex Rises Over 100 pts on Firm Rupee, Falling Crude PricesMumbai: The benchmark BSE Sensex advanced over 100 points in early trade on Wednesday on gains in bluechips like Maruti Suzuki, SBI, Tata Steel and ITC amid rising rupee and tumbling crude prices.