By Arpan Chaturvedi, Aditya Kalra and Munsif Vengattil NEW DELHI (Reuters) -Google on Thursday lost its fight in India’s Supreme Court to block an antitrust order, in a major setback that will force the U.S. tech giant to change the business model of its popular Android operating system in a key growth market. The Competition …
Google loses bid to block Indian Android antitrust ruling in major setback Read More »
(Reuters) – Yum Brands Inc said late on Wednesday a ransomware attack impacted certain information technology systems of the company which led to the closure of nearly 300 restaurants in the United Kingdom for a day. The company added all the stores were now operational and it had initiated response protocols detection of the incident. …
Yum Brands says nearly 300 restaurants in UK impacted due to cyber attack Read More »
By Caroline Valetkevitch NEW YORK (Reuters) – World stocks fell on Thursday and U.S. benchmark 10-year Treasury yields bounced up off of four-month lows, as worries mounted that an aggressive stance by central banks could push the global economy into a slowdown. Wall Street stocks ended lower on recession worries, while European shares recorded their …
Stocks fall, yields up; economic slowdown worries mount Read More »
By William James LONDON (Reuters) – The UK government is falling far short of delivering its 25-year plan to improve the environment, the country’s nature protection watchdog said on Thursday, highlighting in particular a chronic decline in the abundance of key plant and wildlife species. In 2018, the government set out a long term plan …
UK government falling far short on environment protection plan – watchdog Read More »
By Rama Venkat BENGALURU (Reuters) -Consumer and metal stocks dragged Indian shares lower on Thursday after two straight sessions of gains, as weak U.S. economic data stoked recession fears in global markets. The Nifty 50 index was down 0.32% at 18,107.85 at close, while the S&P BSE Sensex declined 0.31% to 60,858.43. “The crucial issue …
Indian shares end lower as consumer, metals decline Read More »
By Seher Dareen (Reuters) – Gold prices rose nearly 1% on Thursday, supported by a weaker dollar and some safe-haven demand as weak U.S. economic readings and hawkish comments from Federal Reserve officials fuelled recession worries. Spot gold gained 0.8% to $1,919.41 per ounce by 10:47 a.m. ET (1547 GMT). U.S. gold futures rose 0.9% …
Gold rises 1% on tepid U.S. dollar, safe-haven inflows Read More »
(Reuters) -Sun Pharmaceutical Industries Limited, India’s largest drugmaker, said on Thursday it will acquire U.S.-based Concert Pharmaceuticals for $576 million in cash to gain access to its experimental drug for treating patchy baldness. The deal is the Indian drugmaker’s biggest since its $3.2 billion acquisition of generic drugmaker Ranbaxy Laboratories Ltd in 2014, according to …
India’s Sun Pharma acquires U.S.-based Concert for $576 million Read More »
JOHANNESBURG (Reuters) -The South African rand weakened on Thursday, as a Reuters poll predicted the central bank would deliver another interest rate hike next week. At 1532 GMT, the rand traded at 17.3400 against the U.S. dollar, 1.14% weaker than its previous close. Eleven of the 20 economists polled by Reuters predicted the South African …
South African rand weakens; central bank seen raising rates next week Read More »
By Noah Browning LONDON (Reuters) – Oil futures rose slightly on Thursday, recouping losses from earlier in the session as an expected rise in Chinese demand and further restrictions on Russian exports suggested market supply will remain tight. Brent crude futures rose 36 cents, or 0.4%, to $85.34 a barrel at 1415 GMT. U.S. West …
By Max Hunder and Madeline Chambers KYIV/BERLIN (Reuters) -The United States and Germany tried on Thursday to resolve a stand-off that has so far prevented the West from sending heavy tanks to Ukraine, as Kyiv pleaded for the weapons help it to turn the tide against Russian forces. U.S. Defense Secretary Lloyd Austin and Germany’s …
U.S., Germany try to resolve differences over tanks for Ukraine Read More »
