By Paul Lienert (Reuters) - General Motors Co is planning to start production of Chevrolet Silverado electric pickup truck late next year at its Detroit-Hamtramck assembly plant, a source familiar with the U.S.
By Sheila Dang (Reuters) - Forbes' annual world's billionaires list includes a record-breaking 2,755 billionaires, with Amazon.com Inc founder Jeff Bezos topping it for the fourth consecutive year, the media company said on Tuesday. The ranks of the ultra-wealthy are expanding after a year in which the coronavirus pandemic upended world economies and threatened the livelihoods of people across the globe.
By Stephanie Kelly NEW YORK (Reuters) - Strong economic data from China and the United States helped lift oil prices by more than 1% on Tuesday, recouping some of the previous session's losses.
By Lucia Mutikani WASHINGTON (Reuters) - U.S. job openings rose to a two-year high in February while hiring picked up as strengthening domestic demand amid increased COVID-19 vaccinations and additional pandemic aid from the government boost companies' needs for more workers
The Washington-based global financial institution said that the Indian economy is expected to grow by 6.9 percent in 2022
By Nidhi Verma NEW DELHI (Reuters) -Indian state refiners will buy 36% less oil from Saudi Arabia in May than normal, three sources said, in a sign of escalating tensions with Riyadh even after the Kingdom supported the idea of boosting output from OPEC and allied producers last week.
By Chibuike Oguh (Reuters) - Asian equities are poised to rise on Tuesday after the S&P 500 and Dow indexes set records as a streak of strong U.S. economic data fueled optimism even as a smaller-than-expected climb in 10-year Treasury notes eased inflation concerns
By Nidhi Verma NEW DELHI (Reuters) - Indian state refiners will buy 36% less oil from Saudi Arabia in May than normal, three sources said, in a sign of escalating tensions with Riyadh even after the Kingdom supported the idea of boosting output from OPEC and allied producers last week. Energy relations between India, the world's third biggest oil importer and consumer, and Saudi Arabia have soured as global oil prices spiked.
By Akanksha Rana and Subrat Patnaik (Reuters) - Tesla Inc's stock surged 5% on Monday after the electric car maker posted record quarterly deliveries on strong demand in China that helped offset the impact of a global shortage in auto parts. The company headed by Elon Musk said on Friday it was encouraged by the strong reception of its Model Y crossover in China and that it was quickly progressing to full production capacity.
NEW YORK (Reuters) - The cryptocurrency market capitalization hit an all-time peak of $2 trillion on Monday, according to data and market trackers CoinGecko and Blockfolio, as gains over the last several months attracted demand from both institutional and retail investors. At midday, the market cap was at $2.02 trillion
By Tom Balmforth and Alexander Marrow MOSCOW (Reuters) - Russia said on Monday it would extend a punitive slowdown of Twitter until May 15, though it acknowledged the U.S. social media company had speeded up deletion of what Moscow calls banned content. Moscow has traditionally taken a more hands-off role in policing the internet than neighbouring China.
By Uday Sampath Kumar and Joshua Franklin (Reuters) - GameStop Corp on Monday increased the value of new stock it may sell from $100 million to $1 billion, as the U.S.
By David Lawder (Reuters) - U.S. Treasury Secretary Janet Yellen said on Monday that she is working with G20 countries to agree on a global corporate minimum tax rate to end a "30-year race to the bottom on corporate tax rates." The global minimum tax is a key pillar of President Joe Biden's $2 trillion infrastructure spending plan, which calls for an increase in the U.S.
By Lucia Mutikani WASHINGTON (Reuters) - A measure of U.S. services industry activity surged to a record high in March amid robust growth in new orders, in the latest indication of a roaring economy that is being boosted by increased vaccinations and massive fiscal stimulus. The upbeat survey from the Institute for Supply Management (ISM) on Monday followed news on Friday that the economy added 916,000 jobs last month, the most since August
Market Roundup: BSE Sensex plunges 870.51 points, Nifty closes at 14,637.80; today's top gainers and losers
Nifty Auto declined 254.55 points to end at 9,768.05 followed by Nifty Pharma, which fell 45.60 points to end at 12,331.50
The company has also proposed to use Rs 375 crore to acquire land and their developmental right
BSE was trading 434.90 points or 0.87 percent lower at 49,594.93, and NSE Nifty dropped 109.35 points or 0.74 percent to 14,758
By Hideyuki Sano TOKYO (Reuters) - Global stock prices rose to a 1 1/2-month high on Monday after data showing a surge in U.S. employment while short-dated U.S.