India's federal police have filed a criminal complaint against the chairman of conglomerate GVK Group and others for alleged fraud in the development of Mumbai's international airport that resulted in the government losing more than US$92 million.
India's additional scrutiny of imports from China has disrupted operations at plants owned by Apple supplier Foxconn in southern India, three sources told Reuters, and other foreign firms are also facing delays as tensions between the two countries build.
India's additional scrutiny of imports from China has disrupted operations at plants owned by Apple supplier Foxconn in southern India, three sources told Reuters, and other foreign firms are also facing delays as tensions between the two countries build.
DEUTSCHE Bank on Thursday said it has extended a three-year US$25 million sustainability-linked loan, along with an accordion feature to upsize the facility to US$75 million, to mainboard-listed natural rubber supplier Halcyon Agri Corp's subsidiary Corrie MacColl.
China's commerce ministry said on Thursday that it hopes India would correct its discriminatory actions against Chinese companies immediately, after India banned Chinese mobile apps amid a border crisis between the two countries.
European shares climbed on Thursday, as encouraging economic data from across the globe and hopes of a COVID-19 vaccine lifted sentiment ahead of the crucial U.S. jobs data.
U.S. pipeline company Energy Transfer has taken the rare step of invoking force majeure - normally used in times of war or natural disaster - to prevent oil firms from walking away from a proposed expansion of the controversial Dakota Access pipeline, according to two sources familiar with the...
Every day, energy merchants collect and scrutinize whatever information they can find on fuel demand to get a trading edge: from satellite data tracking oil tankers worldwide to thermal images from cameras on pipelines and storage tanks.
St. Louis Federal Reserve president James Bullard told the Financial Times that a wave of "substantial bankruptcies" triggered by the coronavirus pandemic could lead to a financial crisis.
The U.S. economy likely created jobs at a record clip in June as more restaurants and bars resumed operations, which would offer further evidence that the COVID-19 recession was probably over, though a surge in cases of the coronavirus threatens the fledgling recovery.
