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Markets

Retail Sales In UK Declined The Greatest In 17 Months As The Brexit Nears

British retail sales saw a decrease in March, the lowest for 17 months and the main reason being Britain’s undecided…

Tata Led Consortium Buys GMR Infra’s Stake in Indian Airports for $1.16 Billion

GMR Airports Ltd, which operates two of India’s biggest airports, including the one in the country’s capital New Delhi, is…

Investment Chief Says Indonesia’s Nickel Industry to Leapfrog Palm Oil

The head of the investment board of Indonesia has stated that Palm Oil, which had been the country’s second biggest…

ECB’s Grim Forecast Impacts U.S. Stocks

The US stocks fell due to concerns of a global slowdown as the European Central Bank announced on Thursday that…

2019 Wealth Report Says Asia’s Billionaire Population Will Surpass 1000 Within Five Years

As the whole world is concerned about inequalities, Asia's stark reality has haunted many owing to its widespread poverty across…

Goldman Sachs Raises Caution on Commodities Market, Stating that they Are Not Significantly Undervalued Any More

Goldman Sachs has cautioned that the commodity price rally this year may soon be coming to an end, and investors…

Despite Troubles with US, Huawei Set to Pay Billions in Dividends

Chinese phone manufacturer and telecom equipment giant Huawei has been in the eye of a storm over the past few…

GE Shares Fall As Its CEO Predicts Negative Cash Flow This Year

The General Electric Co forecasted that there will be a reduction in the cash flow this year as it continues…

Zomato Sells UAE Food Delivery Business to Delivery Hero For Rs 1,220 Crore

Online food ordering company, Zomato is selling its food delivery business in the United Arab Emirates (UAE) to Germany's Delivery Hero.…

China Says It Needs Stronger Actions to Support its Sluggish Growth

As the whole world is in fear of an anticipated global slow down, sluggish Chinese growth coupled with its trade…