BusinessOctober 26, 2017

Japan's SoftBank Posts 50% Jump In Q1 Profit After Inclusion Of Vision Fund

Tokyo: Japanese SoftBank Group Corp on Monday reported an increase in operating profit in the first quarter by 50.1% after the company included Vision Fund, the world's largest private equity fund, as a new reporting [...]
BusinessOctober 26, 2017

Bharti Airtel CEO Sells Stake In Firm To Bharti Telecom

New Delhi: Bharti Airtel MD and Chief Executive Officer of Gopal Vittal today sold 1.21 million shares of the company to the promotion company Bharti Telecom for Rubles. 5 crores. According to the block transaction [...]
BusinessOctober 26, 2017

Will virtual reality remain a zero billion dollar business? Not according to

Now virtual reality (VR) seems to be zero billion dollars, at least in terms of generating income. A huge amount of seemingly smart money is an investment in VR, with applications for entertainment, medicine, travel and [...]
Business / AutoOctober 26, 2017

Auto workers' union rolls the dice at Nissan's Mississippi plant

CANTON, Miss (Reuters). For nearly a decade, United Auto Workers have been trying to organize workers at the Nissan Motor Co Ltd (7201.T) assembly plant here, challenging the company's wages, safety record and [...]
BusinessOctober 26, 2017

Dollar in holding pattern as Fed two days policy meeting gets underway

On Tuesday, the dollar is trading against the basket of world currencies, as the Fed's two-day policy on exchange rate policy overshadows economic data, demonstrating an improvement in consumer optimism about the US [...]
BusinessOctober 26, 2017

Bitcoin and Ethereum slump continues

Bitcoin continued to abandon recent successes, as investors considered additional obstacles that needed to be cleared before the bitcoins network could handle additional data. On the GDAX exchange, based in the US, [...]
BusinessOctober 26, 2017

Euro steady ahead of ECB yen dips after BoJ

On Thursday, the euro slightly changed against the US dollar, as investors waited for new signals from the European Central Bank about the future of its stimulus program, while the yen was able to continue after the [...]
BusinessOctober 26, 2017

Forex - Sterling remains lower, shrugs off upbeat UK retail sales

The pound remained weak against the slightly stronger US dollar on Thursday, despite evidence that retail sales in the UK rose faster than expected in June. GBP / USD was at the level of 1.2969 to 05.24 in the Eastern [...]
BusinessOctober 26, 2017

Yen in the dumps as carry trades flower

LONDON (Reuters) - The Japanese yen stayed on its feet against higher-yielding currencies, such as the Australian dollar, on Friday after good statements by major politicians confirmed market expectations last week that [...]
BusinessOctober 26, 2017

Dollar sinks to 10-month low on weak inflation and retail sales data

The dollar fell to a 10-month low against the basket of world currencies on Friday, after the duo of economic reports showed a slowdown in inflation and retail sales, indicating a weakness in the US economy. The US [...]