Market Watch

Top News – Reuters

  • Meituan-Dianping files Hong Kong IPO, said to raise over $4 billion
    on June 25, 2018 at 3:02 am

    HONG KONG/SHANGHAI (Reuters) - China's Meituan-Dianping, an online food delivery-to-ticketing services platform, filed for a Hong Kong IPO on Monday, an offering that aims to raise more than $4 billion, three people with knowledge of the plans said. […]

  • Iran rial plunges to new lows as U.S. sanctions loom
    on June 24, 2018 at 5:55 pm

    DUBAI (Reuters) - The Iranian rial plunged to a record low against the U.S. dollar on the unofficial market on Sunday, continuing its slide amid fears of returning U.S. sanctions after President Donald Trump in May withdrew from a deal on Tehran's nuclear programme. […]

  • UK ministers take aim at business over Brexit warnings
    on June 24, 2018 at 3:18 pm

    LONDON (Reuters) - The British government and business leaders clashed in a deepening row over Brexit on Sunday after a senior minister accused companies of issuing "completely inappropriate" threats and undermining the prime minister. […]

  • As trade war looms, China cuts some banks' reserve requirements to boost lending
    on June 24, 2018 at 12:52 pm

    BEIJING (Reuters) - China's central bank said on Sunday it would cut the amount of cash that some banks must hold as reserves by 50 basis points (bps), releasing $108 billion in liquidity, to accelerate the pace of debt-for-equity swaps and spur lending to smaller firms. […]

  • Bombardier, Toronto union reach agreement ahead of strike deadline
    on June 23, 2018 at 6:00 pm

    MONTREAL (Reuters) - Canadian workers who assemble Bombardier Inc's turboprops and the company's new top-of-the-line business jet on Saturday reached a tentative agreement with the company just hours ahead of a strike deadline, the union said. […]

  • Iran sees little extra oil if OPEC, partners stick to deal
    on June 23, 2018 at 5:16 pm

    VIENNA (Reuters) - Iran said on Saturday the world will see little extra oil reaching the market if OPEC and its partners adhere properly to a supply pact, underlining a disagreement with top exporter Saudi Arabia. […]

  • EU to respond to any U.S. auto tariff move - report
    on June 23, 2018 at 4:23 pm

    PARIS (Reuters) - The European Union will respond to any U.S. move to raise tariffs on cars made in the bloc, a senior European Commission official said, the latest comments in an escalating trade row. […]

  • Saudi pledges 'measurable' oil supply boost as OPEC, Russia agree deal
    on June 23, 2018 at 3:16 pm

    VIENNA (Reuters) - OPEC agreed with Russia and other oil-producing allies on Saturday to raise output from July, with Saudi Arabia pledging a "measurable" supply boost but giving no specific numbers. […]

  • Air India unveils revamp plan after privatisation setback
    on June 22, 2018 at 10:12 pm

    NEW DELHI (Reuters) - State-run Air India will revamp its business and first class cabins on international flights to try to boost revenues by wooing more high-paying passengers, a top company official said on Friday, days after a plan to privatise the ailing airline was called off. […]

  • India looks to revive rupee payment system for Iran oil imports: government sources
    on June 22, 2018 at 2:10 pm

    NEW DELHI (Reuters) - India is looking to revive a rupee trade mechanism to settle part of its oil payments to Iran, fearing foreign channels to pay Tehran might choke under pressure from U.S. sanctions, two government sources said. […]

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