MUMBAI: Continuing its downward trend, the benchmark BSE Sensex fell over 30 points in early trade on Wednesday as investors indulged in cutting down their bets on disappointing macroeconomic data and weak trend in Asian markets. The 30-share barometer declined by 30.22 points or 0.10 per cent to 28,323.32 with ... Read More »
Google’s aggressive push into cloud computing, where it trailsAmazon.com and Microsoft, has put the internet giant in the lead position to land a marquee client: PayPal. While Google is the front-runner, according to people familiar with the matter, PayPal is evaluating the other leading providers and hasn’t made any final ... Read More »
Florian Hense, economist at Berbenberg, says low eurozone inflation of 0.2% in August is concerning for the European Central Bank: August, just like the first seven months, does not provide much evidence for a material shift in price dynamics. This remains an ongoing source of concern for the ECB. But ... Read More »
President Barack Obama appeared on the bright aspect of a tepid financial jobs file Friday. U.S. hiring slowed to simplest a hundred and sixty,000 jobs created final month because the jobless feeremained unchanged at five.zero percentage with 7.nine million people unemployed. however Obama mentioned 74 immediately months of task creation ... Read More »
Bank of America Corp, the No. 2 U.S. bank by assets, reported an 18 percent slide in quarterly profit as concerns about a global economic slowdown and uncertainty about the pace of U.S. interest rate increases dampened bond and stock trading. Net income attributable to common shareholders fell to $2.22 ... Read More »
MOSCOW, April 4 — Russian oil producer Lukoil said Monday its full-year 2015 profit was down more than 20 percent from the previous year, though total output increased. Lukoil, the No. 2 oil producer in Russia, reported total petroleum productionincreased 2.8 percent to reach 2.4 million barrels of oil equivalent ... Read More »
