Article content MUMBAI — India’s NTPC Ltd plans to raise funds by selling commercial papers maturing in three months, three merchant bankers said on Monday. The state-run power company will offer a yield of 5.79% on this issue, and it has received commitments worth around 15 billion rupees ($188.41 million), they said. The notes are […]
Article content TOKYO — Japan’s Nikkei index ended at a more than four-month high on Monday, as investors scooped up stocks that reported robust outlook, while caution ahead of the release of U.S. consumer prices report limited gains. The Nikkei share average rose 0.26% to 28,249.24, its highest close since March 29. The index, which […]
DUBAI — Kuwait’s Agility, one of the largest Gulf logistics companies, said on Sunday it had signed a new credit facility of 1.4 billion euros. Read More
European shares fell on Tuesday as weak global factory data fanned economic slowdown fears, while markets were on edge as U.S. House of Representatives Speaker Nancy Pelosi was expected to visit Taiwan. Read More
European shares edged up on Monday as a jump in banking stocks after HSBC’s strong results offset fears of a global economic slowdown fanned by disappointing Chinese economic data and figures showing contraction in euro zone manufacturing activity. Read More
Russian gas producer Gazprom said on Saturday it had stopped supplying neighboring Latvia with gas, accusing it of violating conditions for gas withdrawal. Read More
HAMBURG — Water levels on the Rhine in Germany have fallen again with vessels often sailing only half full and prices for cargo transport rising, commodity traders and shipbrokers said on Friday. Read More
LONDON — Shell has slashed its use of gas at Europe’s largest oil refinery, Rotterdam’s 404,000 barrel per day Pernis site, by 40% and at its German refineries by 70% in light of the continent’s natural gas crunch, CEO Ben van Beurden said on Thursday. Read More
MOSCOW — The Russian rouble fell sharply to its lowest in two weeks against the dollar and euro on Tuesday before clawing back most intraday losses in volatile trade, as the market remained alert to any efforts by Moscow to limit the currency’s appreciation. Read More
Compass Group, the world’s largest caterer, raised its revenue growth forecast for the second time this year on the back of new business wins, helping push its shares to their highest in more than two years. Read More