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US gasoline prices tumble for sixth straight week
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India's gold imports to jump as investors seek safer bets
India's gold imports may rise in the fourth quarter as investors seek alternatives to faltering equity markets and a plunging rupee at the same time traditional buying will rise during the festival season, said multiple sources involved in the market.
3 October 2018, 18:00 PM
Italy to cut deficit from 2020
Italy's populist government will cut its budget deficit targets from 2020, Economy Minister Giovanni Tria said on Wednesday, after investors sold off Italian assets and European Union ministers criticized its plans to jack up spending next year.
3 October 2018, 18:00 PM
GM, Cruise, Honda to develop autonomous vehicles jointly
General Motors and Honda have joined forces with the tech firm Cruise to develop autonomous vehicles as the race to market self-driving cars continues, the companies announced Wednesday.
3 October 2018, 18:00 PM
After lean years, Big Oil is under pressure to spend
Executives at the world's biggest oil and gas companies are under growing pressure to loosen the purse strings to replenish reserves, halt output declines and take advantage of a crude price rally after years of austerity.
3 October 2018, 18:00 PM
India set to raise support prices for winter crops amid farmer anger
India's cabinet is set to raise the state-mandated prices for winter-sown crops such as wheat later on Wednesday, two government sources said, as Prime Minister Narendra Modi tries to tackle rising discontent among farmers amid a price slump.
3 October 2018, 18:00 PM
Fed braces for next crisis
The Federal Reserve painted a picture of the US economy that was almost too good to be true at its last meeting, with inflation seen contained in the near future despite the lowest unemployment rate in 20 years.
3 October 2018, 18:00 PM
Turkey inflation hits 24.5pc in Sep
The annual inflation rate in Turkey rose to nearly 25 percent in September, official statistics showed on Wednesday, as the Turkish lira remains weak against the US dollar despite a sharp interest rate hike last month.
3 October 2018, 18:00 PM
Aston Martin skids on market debut
Shares in luxury automaker Aston Martin fell as much as 6.5 percent on their market debut in London on Wednesday as investors and analysts raised concerns over its ability to deliver an ambitious roll-out of new models.
3 October 2018, 18:00 PM
US car sales slump but Fiat Chrysler surges
Almost all major auto makers reported North American sales declines on Tuesday, meeting analyst expectations for a pull-back by consumers in the second half of the year.
3 October 2018, 18:00 PM
Japan's output exceeds capacity
Japan's economic output exceeded its full capacity by the most in more than a decade in the second quarter, a hopeful sign for inflation as policymakers bet a strengthening economic recovery will help accelerate consumer prices to their 2 percent target.
3 October 2018, 18:00 PM
Brexit uncertainty weighs on Jaguar's electric car investment decision
Britain's biggest carmaker Jaguar Land Rover has yet to make an imminent decision on whether to build electric cars in its home market partly due to uncertainty over the final Brexit terms, its boss told Reuters on Tuesday.
2 October 2018, 18:00 PM
Australia central bank holds rates with inflation soft
Australia's central bank held interest rates at a record low on Tuesday even as the economy grows strongly, with officials taking into account soft inflation figures and weak wages growth.
2 October 2018, 18:00 PM
Pepsi tops quarterly revenue estimates on LatAm strength
PepsiCo Inc reported quarterly revenue above Wall Street estimates on Tuesday, as investments in marketing and developing new products for Latin America paid off.
2 October 2018, 18:00 PM
Amazon to raise minimum wage to $15 for US employees
Amazon.com Inc said on Tuesday it is raising its minimum wage to $15 per hour for all US employees including full-time, part-time, temporary and seasonal employees, starting Nov. 1.
2 October 2018, 18:00 PM
Samsung Electronics to post record Q3 profit
Samsung Electronics Co Ltd is set to post a hefty jump in third-quarter profit to record levels after its chip unit put in a sterling performance on demand from data centers and improved production yields.
2 October 2018, 18:00 PM
Trudeau sets out to sell Canadians on trade pact
Canada's Justin Trudeau Monday hailed a new continental trade pact with the United States and Mexico as "profoundly beneficial" for Canadians -- but the prime minister must now sell the deal to skeptical dairy farmers, unions and voters.
2 October 2018, 18:00 PM
SAIC-GM to recall 3.3m vehicles
US auto giant General Motors and its Chinese partner SAIC will recall 3.3 million vehicles in China over problems with their suspension system, in a fresh blow to GM as it braces for fallout from the China-US trade war.
2 October 2018, 18:00 PM
Japan business confidence down for third straight quarter: BoJ
Confidence among Japan's biggest manufacturers has slipped for the third straight quarter, a key central bank survey showed on Monday, reflecting concern about trade wars and a string of natural disasters.
1 October 2018, 18:00 PM
India pumps in liquidity to ease cash crunch
The Reserve Bank of India (RBI) said on Monday it would pump 360 billion Indian rupees ($4.95 billion) into money markets in October in its latest attempt to stem fears of a cascading credit crunch,
1 October 2018, 18:00 PM
Opec oil output boost in Sep limited by Iran losses
Opec delivered only a limited increase in oil production in September, a Reuters survey has found, as a cut in Iranian shipments due to US sanctions offset higher output in Libya, Saudi Arabia and Angola.
1 October 2018, 18:00 PM