UPDATE 1-Singapore's Changi Airport to invest $2.3 bln ... - Yahoo …
6 days ago · Singapore's Changi Airport will invest S$3 billion ($2.26 billion) over the next six years to improve services such as baggage handling and check-in in at its terminals one through four, it said on Thursday. The airport will progressively raise airport charges between 2025 and 2030 to fund these investments and cater for higher operating costs.
MSCI adds five Indian stocks to key index; Nuvama sees $2.5 …
6 days ago · MSCI added five Indian companies to its Global Standard Index late on Wednesday, a move that brokerage Nuvama said would lift the country's weightage on the index to 20%, further narrowing the gap with China. MSCI said there would be 156 Indian stocks in the index, but that is only one-fourth of China's 598, signalling scope for further inclusion of Indian stocks …
Global stocks mostly rise as Fed, Bank of England cut rates
6 days ago · Thu, 7 Nov 2024, 5:13 pm 3 min read. Global stocks mostly rose Thursday, with US indices hitting fresh records as a Federal Reserve interest rate cut extended a post-election rally. While the Dow finished flat, both the S&P 500 and Nasdaq jumped to new all-time highs as the Fed shrugged off concerns about the impact of Donald Trump's election ...
'Drill, baby, drill': Trump policy poses risks, opportunities for oil ...
Wed, 6 Nov 2024, 5:32 pm3 min read. Donald Trump's election as US president brings back a champion of the oil industry to the White House, but experts warn that his push for low prices could be at odds with petroleum companies' priorities. On the campaign trail, Trump repeatedly said he would "unleash" the US oil sector by boosting production ...
India equity clearing corporations need diverse ownership, market ...
6 days ago · MUMBAI (Reuters) -India needs more independent equity clearing corporations with a diverse ownership as being fully owned by stock exchanges raises a conflict of interest, an official from the country's markets regulator said on Thursday. In June, SEBI set up a committee to review the ownership structure of clearing corporations to ensure greater independence and …
Warner Bros. Discovery ticks higher amid streaming strength as …
6 days ago · Warner Bros. Discovery (WBD) stock rose about 1% in premarket trading on Thursday after the company reported strong streaming results in the third quarter, although revenue missed expectations as the media giant struggled with a drop in its studios segment and continued declines from its linear TV business.
India's Mahindra & Mahindra posts surprise rise in Q2 profit on …
6 days ago · Analysts had estimated profit would dip 1.7% to 33.92 billion rupees, per data compiled by LSEG. Mahindra's car portfolio is made up entirely of SUVs and the company has benefited the most from consumers' increasing preference for the large, pricey vehicles that account for more than 50% of the country's car sales volumes. That has made Mahindra one …
India raids offices of sellers using Amazon, Flipkart platforms ...
6 days ago · NEW DELHI (Reuters) -India's financial crime agency has raided offices of some sellers operating Amazon and Walmart-owned Flipkart in an investigation into alleged violations of foreign investment rules, three government sources said on Thursday. The searches come weeks after Reuters reported India's antitrust body had found the two companies and their sellers …
India should join China-backed Asian trade bloc, government …
6 days ago · India should join the Regional Comprehensive Economic Partnership (RCEP), a top official at a government think tank said on Thursday, years after the country decided to walk out of the China-backed Asian trade bloc. The RCEP is the world's largest trade bloc backed by China and groups 15 Asia-Pacific economies, including Australia, Japan, New Zealand and the 10 …
India says Mercedes improved pollution management at plant …
6 days ago · An Indian state said in October that Mercedes-Benz improved wastewater and air pollution management at its only car factory in the country after officials detected environment law lapses in recent inspections, government documents show. Pollution control officials in the western state of Maharashtra signed off on Mercedes' compliance with environment norms in …