Business Profiles

Nike Stock Cut To Sell As U.S. Business Faces Challenges Nike stock dragged on the Dow Jones industrials Monday, after a downgrade Sunday. The downgrade follows a tough week for fast-moving footwear stocks, which stumbled over last week's…
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China bans major chip maker Micron from key infrastructure projects China says products made by US memory chip giant Micron Technology are a national security risk. The country's cyberspace regulator announced on Sunday that America's…
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Explainer: U.S. branding of China as currency manipulator offers few new remedies WASHINGTON (Reuters) - Formally declaring China a currency manipulator may scratch a long-term itch for U.S. President Donald Trump, but the move provides…
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Oil rises 4% after Trump falsely claims victory in tight U.S. election NEW YORK (Reuters) - Oil prices rose nearly 4% on Wednesday after President Donald Trump falsely claimed victory in a tight U.S. election with millions of votes still…
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Stocks rally, yields drop as U.S. CPI data calms investors MSCI's ACWI, S&P 500, pan-Europe index set record highs ECB maintains stimulus at latest meeting Benchmark Treasury yields slides to 3-month low Global stock…
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Indian economy today is transparent, open and watchable, says Sitharaman to US business community The Indian economy today is transparent, open and watchable, Union Finance Minister Nirmala Sitharaman told the American business community…
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Rupee Falls 13 Paise To 82.80 Against US Dollar The rupee depreciated 13 paise to 82.80 against the US dollar in early trade on Monday. The rupee depreciated 13 paise to 82.80 against the US dollar in early trade on Monday, after the…
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Ajay Banga News: Indian-American business leader Ajay Banga appointed as World Bank President for five-year term Ajay Banga News: Banga, 63, was nominated for the post by U.S. President Joe Biden in late February and was the sole contender…
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Goldman Sachs says the US has an extra 8 days before it runs out of money to pay its bills. That could buy it more time to negotiate the debt ceiling. The US could default on its debt on June 8 or June 9, Goldman Sach's chief political…
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Investors chase European equities, dump U.S. as election nears Fund flows into European stocks have surged in recent months, data showed, as global investors look to diversify away from U.S. equities amid concerns over higher valuations…
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