My Account | Login | Join | Help
  हिन्दी  বাংলা  தமிழர்  اردو  తెలుగు  ಕನ್ನಡ  ਪੰਜਾਬੀ
Search
Top Business News- IBNLive.com | Zee News :Business | rediff: Personal Finance | The Financial Express | Sify.com | Reuters: Money News | Business News | The Hindu - Business | HindustanTimes.com - Top Business News Headlines | Business News |

 •  U.S. launches economic formula for Middle East peace, Palestinians unhappy
The Trump administration launched a $50 billion economic formula for Israeli-Palestinian peace on Tuesday, saying an investment programme for the Palestinians was a precondition for ending the decades-old conflict.
 
 •  Fed pushes back on aggressive U.S. rate cut views
Federal Reserve officials on Tuesday pushed back on market expectations and presidential pressure for the central bank to deliver a significant U.S. interest rate cut of half a percentage point as soon as its next meeting.
 
 •  FedEx warns 2020 results to be hurt by trade war, shares fall 2%
Package delivery company FedEx Corp beat Wall Street estimates for quarterly profit on Tuesday, but warned its fiscal 2020 performance would be hurt by trade uncertainty and non-renewal of Amazon contract, sending its shares down 2%.
 
 •  Gold soars to six-year high, stocks slide after Powell speech
Gold soared to an almost six-year high on Tuesday on escalating U.S.-Iran tensions, while equity markets slid on disappointing economic data and uncertainty on whether the Federal Reserve will cut interest rates in July as has been expected.
 
 •  Bombardier exits commercial aviation with sale of regional jet business to Mitsubishi
Bombardier Inc said on Tuesday it will sell its money-losing regional jet business to Japan's Mitsubishi Heavy Industries Ltd (MHI) for $550 million in cash, in a deal marking the Canadian plane and train maker's exit from commercial aviation.
 
 •  U.S. hopes to re-launch China trade talks, won't accept conditions on tariffs - official
The United States hopes to re-launch trade talks with China after President Donald Trump and President Xi Jinping meet in Japan on Saturday but Washington will not accept any conditions on tariffs, a senior administration official said on Tuesday.
 
 •  Tesla likely to miss record second quarter delivery target - Electrek
Shares of Tesla Inc fell 1.3% on Tuesday after news website Electrek reported that the electric-car maker has so far delivered 49,000 vehicles in North America during the second quarter and may miss its quarterly target.
 
 •  Oil prices mixed ahead of U.S. crude stock data
Oil prices were mixed on Tuesday ahead of data expected to show U.S. crude stocks declining, outweighing investors' concerns that U.S.-China trade tensions could dampen fuel demand.
 
 •  AbbVie looks beyond Humira with $63 billion deal for Botox-maker Allergan
Drugmaker AbbVie Inc said on Tuesday it would acquire Allergan Plc for about $63 billion, giving AbbVie control over the lucrative wrinkle treatment Botox and buying time to seek new growth before its blockbuster arthritis treatment Humira loses U.S. patent protection.
 
 •  Gold retraces from six-year peak after comments from U.S. Fed officials
Gold prices retreated from a six-year high on Tuesday after comments from U.S. Federal Reserve officials trimmed expectations that the central bank will lower interest rates by half a percentage point next month.
 
 •  PG&E bondholders propose bankruptcy exit plan worth up to $30 billion
A committee of bondholders of PG&E Corp's utility unit on Tuesday proposed a bankruptcy reorganization plan that would inject up to $30 billion to help the California power provider emerge from Chapter 11 and pay off its liability from wildfires.
 
 •  Fed to hold Facebook's crypto coin to 'high' bar - Powell
The U.S. Federal Reserve is looking carefully at Facebook's planned cryptocurrency Libra, and will hold it to high standards regarding protecting consumers and regulation, Federal Reserve Chairman Jerome Powell said on Tuesday.
 
 •  Hyundai dealers to offer customers Lyft rides through CDK app
Hyundai dealers in the United States will offer Lyft Inc rides to customers getting their vehicles serviced at dealerships, the companies said on Tuesday, the latest in a string of partnerships by the ride services company.
 
 •  What is a Beyond Meat burger worth to hungry investors?
U.S. consumers hankering for one of Beyond Meat Inc's faux-meat burgers can pick one up at the grocery store for about $3 a patty.
 
 •  Indonesia media executive says company talking to Disney; tycoon founder denies
The director of the investment arm of Indonesian media group Media Nusantara Citra (MNC) said on Tuesday the group was in talks with Walt Disney Co on a possible investment by the U.S. media conglomerate, but the group's owner Hary Tanoesoedibjo denied talks were taking place.
 
 •  Trump thinks dollar is too strong, blames Fed policy - official
President Donald Trump believes the U.S. dollar is too strong, and the euro is too weak, and feels the situation could be eased if the Federal Reserve lowered interest rates, a senior administration official said on Tuesday.
 
 •  Akorn gets FDA warning letter for another manufacturing plant
Akorn Inc said on Tuesday it received a warning letter from the U.S. Food and Drug Administration regarding its manufacturing facility in New Jersey, the latest in a string of setbacks for the generic drugmaker.
 
 •  Kushner: Agreement on economic pathway vital for Middle East peace
Senior White House adviser Jared Kushner said on Tuesday that prosperity for the Palestinians was not possible without a fair political solution - but that agreement on an economic way forward was a necessary precondition for Israeli-Palestinian peace.
 
 •  U.S. not where it needs to be on LGBT employment: Fed's Williams
The United States is "not where we need to be" on increasing employment levels of lesbian, gay, bisexual, and transgender (LGBT) people, a top economic policymaker said on Tuesday.
 
 •  India plans to add 500 GW renewable energy by 2030: government
India plans to add 500 gigawatts (GW) of renewable energy to its electricity grid by 2030 in a bid to clean up air in its cities and lessen the rapidly growing economy's dependence on coal, the government said on Tuesday.
 
Updated: 68 minutes ago
Feedback Disclaimer Copyright Terms of Service & Privacy Policy Advertise on Indnav Sitemap Great Links
Bookmark and Share