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  • Reuters Market Eye - Shares in Tata Global Beverages Ltd(TAGL.NS) gain 1.6 percent to 152.95 rupees after Deutsche Bank starts coverage on the company with a "buy" rating and a target price of ...

  • Standard and Poor's may upgrade India's outlook if the government that is elected next month addresses some of the country's fiscal and economic challenges through steps such as passing a goods and services tax. "If in the future they implement policies that effectively addresses some of the credit weaknesses that I have …

  • Cars for sale stand in a sales lot at a dealer in Vienna

    Europe's car sales recovery may be taking hold, according to registrations data published on Thursday, but confidential industry surveys show the price war is raging on. Registrations rose 10.4 percent in March, the Association of European Carmakers said, rounding off an 8.1 percent gain for the first three months, after …

  • Russian retailer Lenta Q1 sales rise 37.3 pct Reuters - UK Focus - 41 minutes ago

    Russian food retailer Lenta , fresh from a nearly $1-billion share sale, reported on Thursday a 37.3-percent rise in first-quarter sales from a year ago. Total revenue rose to 39.6 billion roubles as like-for-like ...

  • AP names Nigeria chief of bureau Associated Press - 42 minutes ago
    AP names Nigeria chief of bureau

    The Associated Press has named Michelle Faul, who has covered the major stories of Africa over the past three decades, as its bureau chief in Nigeria. The appointment was announced Wednesday by Africa ...

  • China's economy is doing better than official data suggests, the Commerce Ministry said a day after figures showed growth at an 18-month low, adding that targets for exports and imports this year should be met despite some caution over the trade outlook. Ministry spokesman Shen Danyang said a rise in export deliveries, …

  • German business software maker SAP warned on Thursday that it expected the negative impact of volatile exchange rates to worsen in the second quarter as the strong euro weighs on its financial results. SAP said its software and software-related service revenues would take a 6 percentage point hit in the second quarter …

  • A customer wheels a cart through a Home Depot store in Washington

    Home Depot Inc is putting a lid on new-store openings and focusing its expansion efforts on e-commerce, which presents some logistical challenges for a retailer that sells a lot of bulky materials, the ...

  • Reuters Market Eye - Shares in MindTree Ltd(MINT.NS) surge 3.4 percent after the company on Wednesday said its January-March net profit rose 24 percent to 982 million rupees ($16.3 million). The company's ...

  • A bronze bull sculpture is seen as an employee walks out of the Bombay Stock Exchange building in Mumbai

    Reuters Market Eye - The BSE Sensex and Nifty rise nearly 1 percent. IT outsourcers recover from steep falls on Wednesday after Tata Consultancy Services Ltd(TCS.NS) and HCL Technologies Ltd(HCLT.NS) post ...

  • FOREX-Yen reclaims lost ground against dollar, euro Reuters - UK Focus - 1 hour 20 minutes ago

    * Trading activity winding down ahead of Easter holidays TOKYO/SYDNEY, April 17 (Reuters) - The yen bounced back from a one-week low against the dollar on Thursday, with investors taking their cues from recently volatile Japanese equities, though activity was thin as investors wound down trading ahead of the Easter holidays. …

  • Asian markets rise as Yellen reaffirms commitment to low rates

    Asian markets have seen minor gains after the US posted better than expected industrial production figures, and the chair of the Federal Reserve Janet Yellen reaffirmed the Fed's commitment to supporting ...

  • Orix Corp (TYO:8591), one of Japan's largest financial services conglomerates, and some Chinese non-bank finance companies also placed bids this week, they added. The sale of PrimeCredit is expected to be the first of several sales of non-core businesses by Standard Chartered as it seeks to boost shareholder returns and …

  • A Citibank sign on bank branch in midtown Manhattan in New York

    The Fed had agreed to give Citigroup a 2015 deadline to address a series of shortcomings identified by the regulator in the wake of the 2013 test, the report said. Executives at Citigroup received mixed messages from the Fed and were taken aback after the bank failed to get the nod on its capital plan in March, the Journal …

  • Horacio Vazquez speaks during a news conference denouncing Argentina's failure to meet bond payments in New York

    The U.S. Supreme Court on Monday wades into Argentina's multi-billion dollar legal fight with bond investors who turned down two debt restructuring offers after the country's 2002 default. The relatively narrow case that the nine justices are due to hear concerns whether the investors can force banks in New York with which …

  • * Baht firms on capital inflows, 32.15/dlr seen as resistance * Singapore dollar weaker after disappointing exports (Adds text, updates prices) By Jongwoo Cheon SINGAPORE, April 17 (Reuters) - Most emerging ...

  • Nato steps up military activity in east Ukraine City A.M. - 2 hours 19 minutes ago
    Nato steps up military activity in east Ukraine

    DEFENCE organisation Nato has stepped up its military presence in eastern Ukraine amid concerns that the interim government is losing control of a tense standoff with pro-Russian forces.Secretary general ...

  • Fed regions see growth after weather shock City A.M. - 2 hours 20 minutes ago

    YESTERDAY’S Federal Reserve analysis noted an improvement in business conditions since the end of severe weather earlier this year.According to the Fed’s beige book, most regions reported that the economic ...

  • Rupee opens stronger after Fed comments Reuters - 2 hours 31 minutes ago

    Reuters Market Eye - The rupee, which closed at 60.37/38 on Wednesday, opens stronger at 60.27/28 sparked by dollar selling after U.S. Fed chair's dovish comments. On Wednesday Janet Yellen, in her second ...

  • Malaysia's closing tin prices for April 17 Reuters - 2 hours 38 minutes ago

    KUALA LUMPUR, April 17 (Reuters) - Following is a table of Kuala Lumpur tin market prices provided by a Malaysian trader. (Prices in $/tonne, and volumes in tonnes unless stated) Date KL Premium/ Spot ...

  • Sony's PlayStation 4 sales top seven million

    A customer reacts after buying Sony's PlayStation 4 video game console in Tokyo on February 22, 2014

  • People walk in front of the HCL Technologies Ltd office at Noida

    IT services exporter HCL Technologies(HCLT.NS) beat market expectations with a 59 percent rise in March-quarter profit, helped by increasing demand for outsourcing services. Consolidated net income for the three months ended March 31 rose to 16.24 billion rupees from 10.2 billion rupees in the same period a year earlier, …

  • MUMBAI (Reuters) - Shares in HCL Technologies(HCLT.NS) rise after the company reported a better-than-expected net profit for January-March quarter on the back of increasing demand for outsourcing services. ...

  • Weibo IPO below expectations, raises $285.6 mn: report

    A man walks past the office entrance of Sina Weibo, widely known as China's version of Twitter, in Beijing on April 16, 2014

  • REUTERS - China's Weibo Corp (WB.O) will be valued at a lower-than-expected $3.46 billion when it goes public on the Nasdaq on Thursday, amidst concerns about the microblogging service's slowing user growth ...

  • A man visits Sina's Weibo microblogging site in Shanghai

    The Twitter-like microblogging service, owned by web portal Sina Corp, sold 16.8 million American Depositary Shares (ADSs) for $17 apiece, raising $285.6 million, an underwriter told Reuters. Weibo will add to the list of Chinese companies flocking to the U.S. IPO market in their biggest numbers since 2010, drawn by soaring …

  • The move completes a cleanup operations that ended in Florida, Alabama and Mississippi last June, BP said in a statement on Tuesday. The 2010 disaster in the Gulf of Mexico killed 11 rig workers and spilled 4 million barrels of oil in the worst offshore spill in U.S. history. "BP has spent more than $14 billion and more …

  • BEIJING (Reuters) - China's economy is faring better than released data shows and, while there is a need to be cautious over the trade outlook, the country is likely to achieve its trade growth target ...

  • NEW DELHI/SINGAPORE (Reuters) - Essar Oil(ESRO.NS) has reduced its gasoline output due to a technical problem at a continuous catalytic reformer (CCR), a company spokesman said. "Yes, there is a technical problem with our CCR. Essar operates a 900,000 tonne-per-year CCR at its 400,000 barrels-per-day Vadinar plant in …

  • Asian share markets eked out gains on Thursday as dovish comments from the head of the U.S. Federal Reserve combined with an upbeat economic assessment from the central bank to lift Wall Street for a third straight session. However, disappointing results from Google and IBM knocked their shares lower after the bell and …

  • Indian stocks to watch-April 17 Reuters - UK Focus - 4 hours ago

    * Nifty futures traded on the Singapore Exchange are up 0.25 percent, while the MSCI-Asia Pacific excluding Japan index is up 0.27 percent. * Asian share markets eked out gains on Thursday as dovish comments ...

  • PACC Offshore Services Holdings (POSH) could raise at least S$388.27 million ($311 million) after pricing its initial public offering near the bottom of the pricing range indicated earlier, two sources with knowledge of the matter said. Underwriters have recommended POSH to price the deal at S$1.15 a share against an indicative …

  • Australian shares rose 0.5 percent on Thursday morning as investors took heart from a modicum of stability on Wall Street after the recent heavy tech-driven selloff, though activity was subdued ahead of ...

  • Sony Corp said on Wednesday it sold more than 7 million PlayStation 4 videogame consoles in just over four months to April 6, double the number of the older version, PlayStation 3, sold in about the same time frame after its launch. Sony is struggling to keep pace with demand for the videogame console, the Japanese company …

  • Google signage seen at the company's offices in New York

    Disappointing results from Google Inc and IBM may unnerve investors shaken by a strong recent selloff in tech stocks, underscoring the challenges the Internet and IT sectors face as corporate report cards come due in coming weeks. IBM blamed weak hardware sales for its lowest quarterly revenue in five years, worsened by …

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