Bank of Baroda considers INR 10,000 crore infrastructure bond issuance
Bank of Baroda, a prominent player in the Banks industry, is contemplating raising INR 10,000 crore through an infrastructure bond…
Yuan’s exchange rate system managed by PBOC permits 2% fluctuation
On Tuesday, the People’s Bank of China (PBOC) continued to manage the yuan’s exchange rate against the U.S. dollar using…
Mercedes-Benz sales dip slightly in Q3 on model changes, lack of parts
(Reuters) – Sales of Mercedes-Benz (OTC:MBGAF) cars dipped slightly in the third quarter with a steeper drop in China and…
Bain Capital delays Virgin Australia listing until next year – source
(Reuters) – Bain Capital has put off its plans for an initial public offering of Virgin Australia airline to next…
U.S. employers covering weight-loss drugs could nearly double in 2024 – survey
(Reuters) – The number of U.S. employers who cover obesity medications, including Wegovy from Novo Nordisk (NYSE:NVO) that belongs to…
Tesla’s China-made EV sales volume falls 10.9% year-on-year in Sept
(Reuters) – U.S. automaker Tesla (NASDAQ:TSLA) sold 74,073 China-made electric vehicles (EVs) in September, a 10.9% decrease from a year…
Country Garden says can’t meet all offshore debt payments, setting stage for revamp
(Reuters) -Country Garden warned on Tuesday about its inability to meet offshore debt obligations, potentially joining a growing list of…
Russian rouble dives back towards over 18-month low vs dollar
(Reuters) – The Russian rouble dived towards 101 against the dollar on Tuesday, heading back towards a more than 18-month…
Gold prices surge amid escalating Middle East conflict and market uncertainty
Gold prices continued to surge on Tuesday, reaching $1,862.8 per ounce for spot gold and $1,876.9 for US gold futures.…
Dollar stalls as dovish Fed tone dials down rate expectations
(Reuters) – The dollar remained steady against major peers on Tuesday, after a pause in its rally following a slight…