July 19, 2019

Jet Airways’ lenders approve interim finance plan for the carrier

Lenders to Jet Airways agreed on Friday to provide some interim financing to the bankrupt airline to help it cover legal and other costs, as resolution […]
July 19, 2019

Wall St. rises on Microsoft’s beat, rate cut euphoria

U.S. stock indexes advanced on Friday as solid results from Microsoft lifted technology stocks and added to an upbeat mood following signs from New York Fed […]
July 19, 2019

BlackRock profit misses estimates, hit by lower fees for lending stocks

BlackRock Inc , the world’s largest asset manager, took in less cash last quarter as investors moved into lower-cost bond funds, and it made less money […]
July 19, 2019

Oil rises after U.S. Navy downs Iranian drone; set for weekly fall

Oil prices rose on Friday as tensions spiked again in the Middle East after the United States said it had destroyed an Iranian drone in the […]
July 19, 2019

Fed rate cut bets lift stocks, dollar steadies

Global stocks rose on Friday as investors firmed up bets on a U.S. interest rate cut at the end of July after a speech by a […]
July 19, 2019

Oyo founder to buy back $2 billion worth stake in SoftBank-backed Indian co

Indian hospitality startup Oyo Founder Ritesh Agarwal raised his stake in the company with a $2 billion buyback, in a move that will bring his ownership […]
July 19, 2019

Asia stocks firm as Fed props up rate cut expectations

Asian stocks rose on Friday after a top Federal Reserve official cemented expectations of a U.S. interest rate cut later this month, fuelling appetite for riskier […]
July 19, 2019

Oil jumps after U.S. Navy downs Iranian drone

Oil prices rose nearly 2% on Friday as tensions brewed again in the Middle East after a U.S. Navy ship destroyed an Iranian drone in the […]
July 19, 2019

BMW picks ‘decisive’ new CEO to catch up with rivals

BMW named Oliver Zipse as its new chief executive late on Thursday, praising his “decisive” qualities after the luxury carmaker lost its edge in electric cars […]
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