Money

ICICI Warns Cost Cuts As Surging Bad Loans Eat Into Profit Margins

ICICI Warns Cost Cuts As Surging Bad Loans Eat Into Profit Margins

ICICI Bank shares today soared almost 9 per cent, driven by a five-fold jump in its March quarter net profit and the Cabinet nod to NPA resolution in the banking sector. The bank said that the year-on...

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Fed leaves rates unchanged but signals further hikes ahead

Such nerves over China come at a time when growth in Europe seems to be solidifying and the Fed has finally begun to deliver on long-disappointed market expectations of a cycle of interest rate rises....

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Le Pen visits Paris food market to promote protectionism

Le Pen visits Paris food market to promote protectionism

Pro-globalisation centrist Emmanuel Macron and anti-immigration Marine Le Pen are Tuesday to attend a ceremony honouring the policeman killed by a jihadist in an attack on the Champs Elysees, as the...

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United issues a 10-point plan for not being a disgusting airline

This issue became more urgent after the United Airlines incident in which a passenger was violently dragged off an overbooked United flight at Chicago O'Hare International Airport on April 9, he...

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Tenet Healthcare Corp's (THC) Strong Q1'17 Results

The firm is expected to report its next quarterly earnings results after the market closes on Monday, May 1st. After $-0.23 actual earnings per share reported by Manitowoc Company Inc for the previous...

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United CEO Munoz on Hot Seat as Congress Examines Air Travel

And it is not just United, as senior American Airlines executive Kerry Philipovitch also said his airline is making changes after an incident last month when a flight attendant was filmed arguin...

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Key US lawmakers to support Obamacare replacement

Key US lawmakers to support Obamacare replacement

The conservative House Freedom Caucus came out in support of a reworked US healthcare overhaul bill even though it would not fully repeal Democratic former President Barack Obama's signature healthc...

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Fed set to leave interest rates unchanged, may hint at June hike

The statement explaining the decision seems to strengthen the prospect of two more increases this year, likely at the June and September meetings. The US Federal Reserve kept interest rates unchan...

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China's conglomerate becomes Deutsche Bank's top shareholder

China's conglomerate becomes Deutsche Bank's top shareholder

Hefty legal penalties, including for the sale of toxic USA mortgage debt, have hit Deutsche Bank hard and even prompted speculation previous year, denied by the bank, that it needed a government bailo...

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Schultz Sells 17176 Shares of Hewlett Packard Enterprise Co (HPE) Stock

Zacks Investment Research cut shares of Hewlett Packard Enterprise from a "hold" rating to a "sell" rating in a research note on Monday, February 27th. Investors looking to grow long term wealth shou...

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UK's Labour party pledges Brexit rethink

UK's Labour party pledges Brexit rethink

An estimated 20 constituencies have been marked as the territory of "hard Brexit" supporters to be ousted on June 8. Labour said on Tuesday (Wednesday NZT) it wanted to change the tone of the upcomi...

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Canada To Fight US Lumber Duties

USA producers complain that their Canadian competitors enjoy an unfair advantage by harvesting timber more cheaply on federally owned land, while American timber is largely grown on private land. "I w...

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FCC puts dubious faith in USA broadband oligopoly

Chairman Ajit Pai said on Tuesday the top USA telecommunications regulator would launch a "comprehensive review" of media regulations and overhaul rules that restrict consolidation among media compani...

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US Federal Reserve holds interest rates steady

US Federal Reserve holds interest rates steady

But the Fed gave no hint of a pause in its statement , repeating the line that has been in all of its recent declarations: "The Committee expects that economic conditions will evolve in a manner that...

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Federal Reserve Leaves Interest Rates Unchanged

Federal Reserve Leaves Interest Rates Unchanged

Minutes of the Fed's March meeting showed officials said they likely would begin winding down the balance sheet later this year, a positive milestone for the recovery but a step that's likely to push ...

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Facebook steps up efforts to curb violent videos

Videos and posts that glorify violence are against Facebook's rules, but it has drawn criticism for responding slowly to such items, including video of a slaying in Cleveland and the live-streamed k...

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Slow the rush to repeal, replace Obamacare

Slow the rush to repeal, replace Obamacare

The incessant flow of commentary from the White House is raising questions not just about how useful the administration's role is in pushing the bill but about also whether Trump actually knows what i...

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Sean Hannity denies reports he's looking to ditch Fox News

Shine was a longtime deputy of former Fox News chairman Roger Ailes , ousted last summer after more than two dozen women came forward to accuse Ailes of sexual harassment. Murdoch said in a statement...

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Trump Retweets Fox Item Detailing NY Times Fumble, Apology for Patriots Photos

Trump Retweets Fox Item Detailing NY Times Fumble, Apology for Patriots Photos

Obama than Pres. Trump. New England Patriots tight end Rob Gronkowski made a surprise appearance at the White House press briefing Wednesday. In the 2015 photo, two staircases are filled with men,...

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Sufficient evidence to show Pak army regular mutilated Indian soldiers

Sufficient evidence to show Pak army regular mutilated Indian soldiers

India has also summoned Pakistani envoy Abdul Basit while demanding stern action against those responsible. The foreign ministry spokesperson argued that Indian diplomacy had led the global commun...

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