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By Vivek Kumar M and Bharath Rajeswaran (Reuters) -India’s benchmark indexes fell on Wednesday, dragged by a drop in heavyweight ITC, even as positive global cues buoyed broader sentiment. The Nifty 50 was down 0.25% at 24,765.35, while the BSE Sensex traded 0.27% lower at 81,332.03 as of 10:35 a.m. IST. ITC, the sixth heaviest…
(Bloomberg) — Airlines and US aviation officials plan to meet on further flight cutbacks at Newark airport following multiple breakdowns in radar systems, according to people familiar with the matter. The plan currently under consideration would encourage carriers to voluntarily decrease the number of flights for a limited period at the transportation hub outside New…
(Bloomberg) — Shell Plc is working with advisers to evaluate a potential acquisition of BP Plc, though it’s waiting for further stock and oil price declines before deciding whether to pursue a bid, according to people familiar with the matter. Also Read | ‘Alternative energy sources to gain prominence amid rise in protectionism’ The oil…
(Bloomberg) — Oil slumped as OPEC discussed making a second major production increase, inflaming concerns about swelling global supplies that have dragged down crude prices this year. West Texas Intermediate futures fell almost 2% to trade around $58 a barrel, continuing a slide this week that has brought prices near the lowest since early 2021….
New York, US stocks on Thursday are giving back some of their historic gains from the day before as Wall Street weighs a global trade war that has cooled in temperature but is still threatening the economy. The S&P 500 was down 2.3 per cent, a day after surging 9.5 per cent following President Donald…
Stock market today: Indian stock market slipped into the red again after a one-day relief rally, as investor anxiety returned on concerns that U.S. negotiations with trading partners on reciprocal tariffs would not result in any positive outcomes. The RBI repo rate cut for the second consecutive time didn’t lift investor sentiment, as heightened global…