Business
Mexican Court Blocks Law Favoring State Electricity Plants
Even sooner than critics had expected, a court in Mexico issued an injunction Thursday to block a new law that favors governmentowned power generation over cleaner private electrical plants.
Exclusive: Boeing Close To Deal With Southwest For 737 MAX Order - Sources
Boeing Co is close to a deal to sell dozens of its 737 MAX 7 jets to Southwest Airlines Co, people familiar with the matter said on Wednesday.
Stocks Climb As Data Eases Inflation Jitters
A gauge of global stocks climbed for a second day on Wednesday to its highest level in a week after a report on U.S. consumer prices calmed concerns about inflation, while the dollar retreated further from a 31/2 month high.
Security Camera Hack Exposes Hospitals, Workplaces, Schools
Hackers aiming to call attention to the dangers of mass surveillance said they were able to peer into hospitals, schools, factories, jails and corporate offices after they broke into the systems of a security-camera startup.
Sensex Surges Over 300 Points in Early Trade; Nifty Near 15,200
IndusInd Bank was the top gainer in the Sensex pack, rising around 3 per cent, followed by Bajaj Finance, M&M, HDFC, Infosys, HCL Tech, Titan, Bajaj Finserv and Reliance Industries. On the other hand, ONGC, Bharti Airtel, ITC and Nestle India were the lag...
AerCap Confirms Talks With GE For Aircraft Leasing Business
Irelands AerCap Holdings confirmed that it is in talks to buy General Electric's aircraft leasing business as the former industrial conglomerate continues to divest from the noncore businesses that nearly sank it during the 2008 financial crisis.
Microsoft Server Hack Has Victims Hustling To Stop Intruders
Victims of a massive global hack of Microsoft email server software estimated in the tens of thousands by cybersecurity responders hustled Monday to shore up infected systems and try to diminish chances that intruders might steal data or hobble their ne...
‘Won’t Burden People With Additional Taxes’: Yediyurappa Allots Rs 7,795 Cr for Bengaluru Development in State Budget
Yediyurappa said the Karnataka government also plans to implement the ‘One Nation, One Card’ scheme before August 2021
Entire Fiscal Stimulus to Be Funded by Borrowing, Revenues; Not Taking Money from People: FM
The Aatmanirbhar Bharat package announced by the government in 2020 to perk up the economy was estimated to be about Rs 27.1 lakh crore, she said.
Reliance Leads The Way, Will Bear Full Cost of Vaccination for Employees, Family
Earlier, in the Reliance Family Day 2020 message, chairman and managing director Mukesh Ambani and Nita Ambani had given assurances that as soon as any approved vaccine is available in India, Reliance would plan early vaccination for all employees and fam...
OPEC+ Should Fulfill Promise of Oil Price Stability: Dharmendra Pradhan
Pradhan said at the CERAWeek conference by IHSMarkit that India wants reasonable and responsible oil prices.
Michaels, DISH Network Rise; B&G Foods, Wendy's Fall
Stocks that traded heavily or had substantial price changes Wednesday:
81% Interim Efficacy Data Shot in the Arm for Bharat Biotech's Covaxin Export Hopes
Bharat Biotech Chairman and Managing Director Krishna Ella had recently said he wanted the firm to be part of the COVAX Facility, as well.
Rio Tinto Chairman, Director, To Step Down After Rock Shelter Destruction
Rio Tinto Ltd said on Wednesday its chair and a board director would step down, bowing to investor pressure over the destruction of two ancient Aboriginal rock shelters for an iron ore mine last year in Western Australia.
Wall Street Rallies As Treasury Yields Stabilize
Wall Street surged on Monday as bond markets calmed after a monthlong selloff, while another COVID19 vaccine getting U.S. approval and fiscal stimulus bolstered expectations of a swift economic recovery.
Gold Slumps As Rising U.S. Yields, Dollar Dull Lustre
Gold tumbled 3% to an eightmonth low on Friday en route to its worst month since November 2016 as a stronger dollar and elevated U.S. Treasury yields hammered nonyielding bullion's appeal.
