A sharp slowdown in India is creating an economical drag worldwide, says IMF
New Delhi – The International Monetary Fund (IMF) on Monday said that a sharp slowdown in India is creating an
Read More
Factual Version of a Story
Business
Oil rises to more than a week high after Libyan outage
Tokyo (Reuters) – Oil prices rose to their highest in more than week on Monday after two large crude production
Read More
Indian Minister sparks controversy during Bezos visit to India, says Amazon’s $1 billion investment is no big favour
New Delhi (Reuters) – Amazon hasn’t done India any big favours by announcing a new $1 billion investment, its trade
Read More
Iran recession to deepen, reserves to fall to $73 billion by March – IIF
Dubai (Reuters) – Hit by sanctions curbing oil sales, Iran’s economy is set to fall deeper into recession this fiscal
Read More
Amazon boss Bezos to face protests from traders during India trip
New Delhi (Reuters) – Thousands of small-scale traders in India are planning to organize protests against Amazon.com Inc (AMZN.O) founder
Read More
Egypt, Ethiopia, Sudan deadlocked over giant Nile dam, look to Washington talks
Addis Ababa (Reuters) – Egypt, Ethiopia and Sudan remained deadlocked after two days of talks in their disputes over a
Read More
Gulf markets plunge on U.S.-Iran tensions, Aramco at lowest since IPO
Dubai (Reuters) – Kuwaiti and Saudi stocks led Gulf stocks sharply lower in late afternoon trade on Sunday in the
Read More
Global Markets: Oil, safe havens surge as U.S. strikes kill Iranian commander
London (Reuters) – Oil prices rose over $2 a barrel and gold and other safe-haven assets jumped on Friday, as
Read More
Gold rallies to four-month high after U.S. air strike in Baghdad
Baghdad (Reuters) – Gold rose over 1% on Friday and was within a striking distance of a more than 6-1/2
Read More
Saudi Arabia may cut light crude prices to Asia in February
Singapore (Reuters) – Saudi Arabia, the world’s biggest oil exporter, may cut the prices of its light crude grades sold
Read More