U.S. Senate Majority Leader Mitch McConnell (R-KY) arrives as Senate Republicans hold their weekly policy lunch on Capitol Hill in Washington, June 16, 2020.Jonathan Ernst | ReutersThe $ 600 boost in weekly unemployment checks ends…
GMR closes stake sale deal in airport biz…
New Delhi: GMR Infrastructure Ltd, the company that operates Delhi and Hyderabad airports, today said that it has successfully completed its deal to sell 49% stake in its airports’ business to France’s Groupe ADP. The…
De Niro-backed Nobu restaurants took more than a…
Robert De Niro (L) and chef Nobu Matsuhisa appear during a preview for the Nobu Restaurant and Lounge Caesars Palace on February 2, 2013 in Las Vegas.David Becker | Getty ImagesThe Nobu group of luxury…
EU cuts economic forecasts for the region, now…
Waiters work at the terrace of a cafe in Paris, on June 15, 2020, one day after French president announced the reopening of dining rooms of Parisian cafes and restaurants.PHILIPPE LOPEZThe European Commission has slashed…
China’s biggest chipmaker is up over 200% this…
Semiconductor supplies to Huawei have been targeted by Washington as part of the broader U.S.-China trade war.Fuse | Getty ImagesSMIC, China's biggest chipmaker, kicked off a major 46.28 billion yuan ($ 6.6 billion) share sale…
‘Interest-only’ mortgages might make sense in some situations,…
If you're in the market for a house and are considering an "interest-only" mortgage, proceed with caution.With tightened lending standards amid ongoing economic uncertainty — coupled with continually rising home prices and persistent low interest…
Hong Kong national security law may spook socially…
Investors who take a sustainable approach to allocating capital may be reevaluating putting their money into Hong Kong after the city implemented a national security law, an analyst said on Friday."That's the one area of…
Tata Power subsidiary completes sale of 3 ships…
Tata Power on Tuesday said its Singapore-based subsidiary Trust Energy Resources completed the transaction for the sale of its three ships for USD 212.76 million (around Rs 1,592 crore). "Singapore-based Trust Energy Resources Pte Ltd…
The four biggest tech companies are each worth…
Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., March 20, 2020.Lucas Jackson | ReutersThe four biggest tech companies finished the day each worth more than $ 1…