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Business

Later, briefing newspersons, the commerce minister said the suggestions from the state governments included strengthening of infrastructure, extending benefits to exporters and restoring the facility of ASIDE. China’s central bank has devalued its currency by 0.51 per cent to 6.5646 per cent against the dollar, the lowest since March 2011.

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Business

Notwithstanding the Cushing build, analysts polled by Reuters forecast that crude stocks across the United States probably fell last week by 500,000 barrels.

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Business

After trading in China was halted automatically the second time this week, officials said Thursday that they’re suspending the “circuit breaker” that shuts down the market if a key index falls by 7 percent.

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Business

Baxalta International was up 3.8 percent at $42 after reports that peer drugmaker Shire Pharmaceuticals is preparing to announce its roughly $32.5 billion acquisition of Baxalta as early as Monday.

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Business

Lest anyone think Warren was tipping her hand in the primary-where she hasn’t endorsed a candidate-she added she was glad that “ALL” the party’s candidates, including Hillary Clinton and Martin O’Malley, “are fighting for Wall St reform”.

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Business

Youngsta said the large withdrawal was taken out to be used to purchase a new auto, and that he would be taking his business away from Wells Fargo.

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Business

While a weaker yuan would make Chinese exports cheaper overseas, and foreign products more expensive in China, it would be unlikely to go down well among the country’s trading partners.

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Business

The fall in the price of oil has resulted in Saudi Arabia posting a 2015 budget deficit of 15 per cent of GDP, forcing spending cuts of 14 per cent in 2016, the government said overnight.

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Business

There was also bad news today for the government’s much-vaunted Pension Wise service which was set up by the Chancellor to ensure that people understood the implications of any decision to cash in their retirement savings.

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Business

A crowdsourcing campaign launched on Kickstarter in November is funding a rare sweatshirt which has an inflatable pillow inside its hood.

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