Stocks fluctuated early in the session on Thursday but moved mostly higher over the course of the trading day. With the upward move, the tech-heavy Nasdaq jumped to a four-month closing high, while the S&P 500 reached its best closing level in over a month. The major averages saw further […]

According to media reports high price of coal to be purchased for the Adani plant at India’s Jharkhand emerged as the key factor for the dispute. Bangladesh has sought revision of a 2017 power purchase agreement with Adani Power Ltd as the price for the coal-generated electricity appeared too expensive, […]

Audio entertainment company SiriusXM reported fourth-quarter results that were largely in line with Wall Street expectations, with total revenue of about $2.3 billion and earnings per share of 9 cents. The company also adding 348,000 self-paying subscribers in the period. On a conference call with analysts, CEO Jennifer Witz, said […]

The Philippines’ economy advanced at a solid pace in the fourth quarter, underpinned by robust household consumption despite rising inflationary pressures and increased borrowing costs, data from the Philippine Statistics Authority showed on Thursday. Gross domestic product showed a yearly growth of 7.2 percent after rising 7.6 percent a quarter […]

UK retail sales volumes dropped at a faster-than-expected pace at the start of the year, and retailers expect them to decline again next month, but at a slightly slower rate, survey data from the Confederation of British Industry, or CBI, showed Thursday. The sales balance decreased to -23 from +11 […]

The finance minister has stayed true to her commitment to fiscal consolidation, even though the pace of the decline in the deficit could have been faster, notes A K Bhattacharya. The number in Finance Minister Nirmala Sitharaman’s fifth Budget, which has not received as wide an attention as it deserved, […]

EXCLUSIVE: Jeff Tobler, Array’s Chief Marketing Officer, is joining Expedia Group as Head of Global Media Relations. He will be responsible for leading communications strategy for the Expedia Brands, including Expedia, VRBO and Hotels.com.  “We are thrilled to welcome Jeff to the Expedia Group team,” said Lauri Metrose, SVP, Expedia, Communications, […]

A former producer for ABC News has been arrested on a charge of transportation of child pornography, nine months after he resigned abruptly at the network amid an FBI search of his home. James Gordon Meek, 53, was arrested on Tuesday, according to the Justice Department. Federal prosecutors say that […]

The Budget oration of the finance minister and the confidence with which she delivered it, along with the measures and the recent upsurge in the economy would all contribute to unleashing the storied ‘animal spirits’ and help the economy run on the growth path quite smoothly.Or so the government hopes, […]

UK output price inflation slowed for the fifth successive month in December, soothing fears of high inflation, and provided more justification to the Bank of England for softening its tightening policy stance. Output price inflation unexpectedly slowed to 14.7 percent from 16.2 percent a month ago, the Office for National […]