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Credit Suisse to prune 4,000 jobs after posting over Rs 39,000 cr net loss in Q4

Feb 04, 2016

Credit Suisse to prune 4,000 jobs after posting over Rs 39,000 cr net loss in Q4

Investment banking firm cited sharp drop in oil prices, "asynchronous" policies by top central banks, lower liquidity, a strong Swiss franc and "uncertainties on Chinese growth #oil prices #Credit Suisse #job cuts #Chinese slowdown #investment banking firm #CEO Tidjane Thiam
Flying solo: This woman has flight all to herself due to heavy blizzard, Chinese New Year

Feb 04, 2016

Flying solo: This woman has flight all to herself due to heavy blizzard, Chinese New Year

Travelling to one's hometown during the chaotic Chinese New Year is usually a nightmare. #News #Chinese New Year #Guangzhou #Blizzard #Zhang
Chinese woman experiences 'nouveau rich' life as solo passenger on a commercial Lunar New Year flight

Feb 03, 2016

Chinese woman experiences 'nouveau rich' life as solo passenger on a commercial Lunar New Year flight

A Chinese woman heading home for the holidays had a commercial airline flight all to herself after gruelling delays winnowed down other passengers. #BeatThis #Guangzhou #Lunar New Year #Chinese woman #Wuhan #China Southern
Modi zing vanishes from market as Sensex hits 2014 levels on global sell-off, rupee crash

Jan 20, 2016

Modi zing vanishes from market as Sensex hits 2014 levels on global sell-off, rupee crash

Since December 31, the Sensex has so far lost a whopping 2,055.50 points, or 7.9 percent #Sensex #nifty #FIIs #oil #Rupee #Chinese slowdown
Tata Steel to lay off 1,050 employees in UK to reduce cost

Jan 18, 2016

Tata Steel to lay off 1,050 employees in UK to reduce cost

Plan involves shedding 750 jobs at its Port Talbot-based strip products business, 200 jobs in support functions and 100 jobs at steel mills in Trostre, Corby and Hartlepool #Tata Steel #job cuts #UK #Chinese imports #Greybull Capital
Sensex rises 82 pts to break four-day losing streak

Jan 08, 2016

Sensex rises 82 pts to break four-day losing streak

Rising for the first time in five sessions, the benchmark BSE Sensex today rose by 82.50 points to recover from 19-month lows on value-buying in recently beaten-down stocks #Sensex #Tata Motors #BSE #RIL #ITC #Chinese Economy
As China fire continues to singe, expect uncertainty to rule stocks, currencies

Jan 07, 2016

As China fire continues to singe, expect uncertainty to rule stocks, currencies

The chinks in the armor of China have been exposed in the last year with the realization that an investment based model of growth is not sustainable unless supported by consumption #Central bank #US economy #exports #Chinese Economy #Commodity prices
From Chinese crash to weak domestic cues: Here's why Sensex fell 538 points today

Jan 04, 2016

From Chinese crash to weak domestic cues: Here's why Sensex fell 538 points today

he 50-stock CNX Nifty also ended below the psychological 7,800-mark at 7,791.30, down 171.90 points, or 2.2 percent #Sensex #nifty #crude oil #Rupee #Hang Seng #Chinese equities #Saudi-Iran tension #December PMI