By Saurabh Sharma LUCKNOW, India (Reuters) – At least 18 people have died and several more are in hospital after consuming tainted liquor in India’s eastern state of Bihar, a senior government official said on Thursday. The death toll is likely to rise, the official, who did not want to be named because he is …
At least 18 die in India’s Bihar state after drinking tainted liquor Read More »
By Deborah Mary Sophia and Echo Wang (Reuters) – Litmus Music, a music venture backed by buyout firm Carlyle Group, has acquired the rights to singer-songwriter Randy Newman’s song catalog, which includes his work for Disney’s “Toy Story” films, the companies said on Thursday. As part of the deal, Litmus will get a share of …
Carlyle-backed music venture buys rights to Randy Newman’s recorded catalog Read More »
By Marcela Ayres and Bernardo Caram BRASILIA (Reuters) – Brazil’s government is preparing to cooperate more closely with the central bank on regulatory issues like cryptocurrencies and meal vouchers next year when the bank gets new leadership, following occasional differences over policy on such matters. Incoming central bank chief Gabriel Galipolo, whose term starts in …
Analysis-Brazil eyes closer regulatory cooperation with new central bank leadership Read More »
By Joseph Ax (Reuters) – The winner of November’s U.S. presidential election will govern a nation of more than 330 million people, but the contest will almost certainly be decided by just tens of thousands of voters – a tiny fraction of the populace – in a handful of states. That’s because only seven of …
By Jaspreet Kalra MUMBAI (Reuters) – The Indian rupee ended at its weakest closing level on record on Thursday, weighed down by strong dollar demand from foreign banks, likely due to outflows from equities, and the weakness in regional peers as the U.S. dollar rose to an eleven-week high. The rupee closed at 84.0675 against …
Rupee ends at record closing low, pressured by outflows, weak Asia FX Read More »
(Reuters) – The pound drifted near two-month lows against the U.S. dollar on Thursday, after sliding a day earlier when a tame inflation report boosted Bank of England rate cut bets. Sterling was last down 0.1% at $1.29815 after breaching the key $1.30 mark on Wednesday when data showed British inflation dropped to the lowest …
Sterling drifts near two-month lows versus dollar Read More »
A look at the day ahead in U.S. and global markets from Mike Dolan Tech-heavy stock markets are set to breathe a sigh of relief on Thursday as the world’s largest chipmaker beat the street and eased gnawing doubts about semiconductor demand worldwide and jitters about the wider artificial intelligence theme. After a cloudy outlook …
Morning Bid: TSMC steadies chip ship, ECB set to ease Read More »
BELGRADE (Reuters) – Economic growth in the six Western Balkans countries is projected to moderately grow through 2025, thanks to increased consumption, investments and purchasing power, the World Bank said in a bi-annual report made public on Thursday. Albania, Bosnia, Kosovo, Montenegro, North Macedonia and Serbia will collectively grow 3.7% in 2025, 0.2 percentage point …
Western Balkan countries to grow 3.7% collectively in 2025, World Bank says Read More »
(Reuters) – Home appliances maker Havells India reported a smaller-than-expected rise in second-quarter profit on Thursday, due to lower demand for its air conditioners and fans on account of the monsoon season and higher expenses. Profit rose nearly 10% from a year earlier to 2.73 billion rupees ($32.5 million) for the three months ended Sept. …
Havells India misses Q2 profit view on lower demand, surging expenses Read More »
By Joe Cash and Liangping Gao BEIJING (Reuters) -China will expand a “white list” of housing projects eligible for financing and increase bank lending for such developments to 4 trillion yuan ($562 billion) by year-end, Minister of Housing and Urban-Rural Development Ni Hong said on Thursday. Redevelopment of cities will also gather pace, with a …
China boosts funds for housing projects to support embattled sector Read More »
