NEW DELHI, Aug 4 (Reuters) - Two Romanian nationals were arrested in New Delhi on Saturday on suspicion of hacking into the accounts of more than 300 ATM users across India, police said.The men are believed to have stolen about three million rupees ($44,000) from ATMs in the eastern city of Kolkata alone and the total amount could be higher, said Praveen Tripathy, joint commissioner of police in t...Read More
* Russia and OPEC output increases dampen market* Iran oil exports will still have outlet in China* U.S. oil drillers cut two oil rigs to 859 - Baker Hughes (Adds settlement prices and CFTC data)By Jessica Resnick-AultNEW YORK, Aug 3 (Reuters) - Crude futures pulled back on Friday, giving up gains from the previous session as trade concerns weighed on the market and fueled concerns about demand.U....Read More
NEW DELHI, Aug 3 (Reuters) - India has asked Britain to extradite billionaire jeweller Nirav Modi, one of the main accused in the $2 billion loan fraud at state-run Punjab National Bank (PNB).Modi's whereabouts have been unknown since PNB PNBK.NS in January said that two jewellery groups headed by Modi and his uncle, Mehul Choksi, defrauded the bank for years by raising foreign credit using fake...Read More
* NSE, BSE snap 2 sessions of losses* Financials, consumer stocks leadAug 3 (Reuters) - Indian shares ended 1 percent higher on Friday, reversing two sessions of losses, on gains in financial and consumer stocks, buoyed by a favourable weather forecast for the remainder of the monsoon.The benchmark BSE index .BSESN closed up 1.05 percent at 37,556.16 after losing close to 500 points in the last tw...Read More
(Bloomberg) -- China’s proposal to add a new round of tariffs on $60 billion worth of goods it imports from the U.S. -- retaliation for expanding lists of tariffs by the Trump administration -- is only hitting one commodities sector hard: liquefied natural gas shipments.A roundup of the tariff effects on commodities is below.LNGChina is proposing a 25 percent tariff on imports of U.S. liquef...Read More
(Bloomberg) -- China’s proposal to add a new round of tariffs on $60 billion worth of goods it imports from the U.S. -- retaliation for expanding lists of tariffs by the Trump administration -- is only hitting one commodities sector hard: liquefied natural gas shipments.A roundup of the tariff effects on commodities is below.LNGChina is proposing a 25 percent tariff on imports of U.S. liquef...Read More
By Sudarshan VaradhanNEW DELHI, Aug 3 (Reuters) - India's Goa state on Friday passed a resolution asking the state's chief minister to push the federal government to amend laws to restart mining across the state, a state lawmaker said, months after the country's top court quashed mining permits.The resolution seeks to amend laws in Goa so that existing miners can continue to extract ore for about...Read More
Investing.com - Gold prices were higher on Friday after disappointing jobs data pushed the U.S. dollar lower.Comex gold futures for August delivery rose 0.57% to $1,227.10 a troy ounce as of 10:58 AM ET (14:58 GMT), but still remained near two-week lows. A stronger dollar and rising interest rates have weighed on gold in recent months.Meanwhile, the number of jobsadded to the economy was less than...Read More
(Refiles to correct bullet on MSCI ACWI and time on U.S. payrolls)* MSCI ACWI up by 0.1 percent, trade worries cap gains* Dollar turns negative after hitting 3-week high* Yuan gains after central bank says will keep ccy stable* U.S. payrolls due at 1230 GMT* Italian government worries hit bonds, bank stocksBy Ritvik CarvalhoLONDON, Aug 3 (Reuters) - World stocks climbed on Friday, driven by a comb...Read More
* Graphic: World FX rates in 2018 http://tmsnrt.rs/2egbfVh* MSCI ACWI drifts lower on trade worries* Dollar hits 3-week high* Italian government worries hit bonds, bank stocks* Oil slips* Copper falls for third dayBy Ritvik CarvalhoLONDON, Aug 3 (Reuters) - World stocks drifted lower on Friday as the latest exchange of trade threats between the United States and China dampened risk appetite, while...Read More
(Adds company news items and futures)Aug 3 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening up 42 points on Friday, according to financial bookmakers, with futures up 0.4 percent ahead of the cash market open.* IAG: British Airways-owner IAG ICAG.L posted a 6 percent rise in quarterly profit and said it was on track for growth in 2018, although it took a hit from the disruption caused by...Read More
(Adds a missing word in the first paragraph)* MSCI Asia-Pacific index up 0.05 pct, Nikkei up 0.25 pct* Lingering trade woes continue to curb risk appetite* Dollar index reaches 2-week peak amid trade tensions* Crude dips after rally, copper headed for steep weekly lossBy Shinichi SaoshiroTOKYO, Aug 3 (Reuters) - Asian stocks inched up on Friday following a tech-led rise on Wall Street, although th...Read More
Aug 3 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening up 42 points on Friday, according to financial bookmakers.* BHP: Anglo-Australian miner BHP BHP.AX BLT.L said on Thursday it had begun to review contingency plans ahead of a possible strike by union workers at its Escondida copper mine in Chile, the world's largest. GOLD: Gold prices held steady near a one-year low on Friday amid a r...Read More
* MSCI Asia-Pacific index up 0.02 pct, Nikkei adds 0.1 pct* Spreadbetters expect European stocks to open higher* Lingering trade woes continue to curb risk appetite* Dollar index reaches 2-week peak amid trade tensions* Crude dips after rally, copper headed for steep weekly lossBy Shinichi SaoshiroTOKYO, Aug 3 (Reuters) - Asian stocks inched up on Friday, following a tech-led rise on Wall Street,...Read More
* Traders say Genscape reports crude draw at Cushing* Prices rally on hopes latest weekly draw was an anomaly* Trade tensions limit oil price gains(New throughout, updates prices, market activity and comments to settlement)By Jessica Resnick-AultNEW YORK, Aug 2 (Reuters) - Oil prices strengthened Thursday, with U.S. crude gaining nearly 2 percent after traders saw an industry report suggesting dom...Read More
NEW DELHI, Aug 2 (Reuters) - India is likely to delay the imposition of retaliatory tariffs on U.S. goods, a trade ministry official said on Thursday, two days before the new tariffs came into effect.India's trade ministry is expected to shortly issue a notification that could delay the implementation of the new tariffs by 45 days, news channel CNBC-TV 18 reported earlier citing sources.The trade...Read More
Investing.com – Apple (NASDAQ:AAPL) released its adjusted share count on Wednesday, revealing the share price it needs to hit $1 trillion in market capitalization.The technology giant has an adjusted outstanding share count of 4,829,926,000 as of July 20, the firm announced in its 10Q, after reporting its third-quarter results on Tuesday.Shares of Apple need to reach $207.05 for the firm to...Read More
* Apple (NASDAQ:AAPL) hits $1 trillion in market value* Tesla jumps after cash burn worries abate* Dow down 0.10 pct; Boeing (NYSE:BA), Caterpillar, 3M's fall weigh* Nasdaq gains 0.88 pct, S&P up 0.34 pct lifted by tech stocks(Changes comment, adds details, updates prices)By Amy Caren DanielAug 2 (Reuters) - Apple became the first $1 trillion publicly listed U.S. company on Thursday, leading a...Read More
* FTSE 100 down 1 pct, cyclicals weigh* Rolls-Royce (LON:RR) rises after H1 revenue beats estimates* LSE, Sage updates also in focus* BOE raises rates, pound falls (Recasts, adds detail, updates prices at close)By Kit ReesLONDON, Aug 2 (Reuters) - Britain's top share index slid on Thursday, touching a one-week low as shares in heavyweight cyclicals dropped, though Rolls-Royce was a standout gainer...Read More
* Boeing (NYSE:BA), Caterpillar, 3M down roughly 1 pct* Tesla jumps after cash burn worries abate* Dow down 0.47 pct, S&P dips 0.07 pct* Nasdaq up 0.31 pct, lifted by gains in tech stocks(Changes comment, adds details, updates prices)By Amy Caren DanielAug 2 (Reuters) - Apple (NASDAQ:AAPL) became the first U.S. company to top $1 trillion in market value on Thursday, leading a rebound in techno...Read More