NEWS 18 Business
'Like gold': Canadian canola prices spike as shippers find back door to China
Canadian canola prices have soared to the highest in nearly two years, despite a diplomatic dispute between Ottawa and Beijing, as exporters find...
Saudi Aramco's second-quarter net profit plunges 73.4% on lower oil prices
Saudi Arabian state oil group Aramco on Sunday reported a 73.4% fall in secondquarter net profit, a steeper drop than analysts had expected, hit...
Major Ports' Cargo Handling Drops 18% to 193 MT in April-July amid Covid-19 Pandemic
Ports like Chennai, Cochin and Kamrajar saw their cargo volumes nosedive over 30 per cent during April-July, while JNPT and Kolkata suffered a...
Oil giants' production cuts come to 1 million bpd as they post massive writedowns
The world's five largest oil companies collectively cut the value of their assets by nearly $50 billion in the second quarter, and slashed...
India's Coal Import Drops 43% in July Owing to High Stockpile at Pitheads, Plants
During April-July 2020, total coal imports were recorded at 57.27 MT, which is 35.76 per cent lower than 89.15 MT imported during April-July 2019.
Six of Top-10 Most Valued Companies Add Rs 74,240 Crore in Market Cap, RIL Leads Pack
Six firms, namely Reliance Industries Ltd (RIL), Tata Consultancy Services (TCS), HDFC Bank, Bharti Airtel, ITC and ICICI Bank logged gains in...
IMF to start negotiating new Argentine lending deal over coming weeks
Argentina will start talks with the International Monetary Fund in the coming weeks aimed at clinching a new program to replace a defunct $57...
Eastman Kodak's $765 million U.S. loan agreement on hold after recent allegations
Eastman Kodak Co's $765 million (587 million pounds) loan agreement with the U.S. government to produce pharmaceutical ingredients has been put on...
Barclays being probed by UK privacy watchdog on accusations of spying on staff
Barclays Plc is being probed by the United Kingdom's privacy watchdog, the Information Commissioner's Office (ICO), over allegations that the...
Potential Kodak deal paused until 'allegations are cleared'
A government agency said a potential deal to have Eastman Kodak help make generic drugs is being paused until allegations of insider trading at...
Relief Therapeutics sees 60-70% chance of COVID-19 drug approval
Relief Therapeutics' chairman said he was optimistic its RLF100 (aviptadil) drug will win approval for treating COVID19 patients in a matter of...
Hong Kong markets watchdog says it does not think sanctions will affect financial firms
Hong Kong's markets watchdog is not aware of any aspect of U.S. sanctions imposed on Hong Kong officials that will affect how financial firms...