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Copper continues to stay under pressure as covid-19 cases kept rising in China, including its capital city Beijing and southern city Guangzhou, increasing concerns about demand from the top metal consumer. Besides, hawkish comments from Federal Reserve officials also dented recent optimism about the outlook for interest rates. US stocks went on another wild ride over the course of the trading day on Thursday. The […]

Wipro announced the opening of its Asia Pacific, Middle East and Africa (APMEA) Strategic Market Unit Headquarters in Dubai, UAE. Located in the heart of the bustling business establishment of One Central at the Dubai World Trade Centre, the newly opened headquarters will lead Wipros expansion and investments across the UAE and APMEA. It will address the business, technology, and transformation agendas of clients in […]

The cement maker has commenced operation at its third Birla White Wall Care Putty plant in Rajasthan with a capacity of 4 LMT per annum, at a total cost of Rs 187 crore.

The US stock market finished volatile session in the red on Thursday, 17 November 2022, as hawkish comments from Federal Reserve officials reignited worry about more aggressive interest rate hikes. At the close of trade, the Dow Jones Industrial Average index was down 7.51 points, or 0.02%, to 33,546.32 The S&P500 index fell 12.23 points, or 0.3%, to 3,946.56. The tech-heavy Nasdaq Composite Index decreased […]

The MoU aims at leveraging the complementary strengths and capabilities of BEL and AVNL (AVANI).

The Saudi company's largest investment in South Korea is the Shaheen project, which will create chemicals from crude oil for the first time commercially, according to a statement from Aramco.

The currency ultimately lost 37 paise from its previous close to settling at 81.63 / $

Crude oil prices rebounded by more than 1% in early Asia on Friday following a sharp decline of more than 3% overnight on demand worries as China struggles to get its Covid cases under control within its zero-Covid policy. Further, dollar strength on comments from St. Louis Federal Reserve President James Bullard that a basic monetary policy rule would require interest rates to rise to […]

Asian markets have opened the day on a positive note

New residential construction in the U.S. showed a notable decrease in the month of October, the Commerce Department revealed in a report released on Thursday. The report said housing starts tumbled by 4.2 percent to an annual rate of 1.425 million in October after falling by 1.3 percent to an upwardly revised rate of 1.488 million in September. Single-family housing starts plunged by 6.1 percent […]