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  • Yes Bank fourth-quarter profit rises 29 percent
    on April 26, 2018 at 9:03 am

    (Reuters) - India's Yes Bank Ltd posted a 29 percent increase in fourth-quarter profit, helped by higher interest income. […]

  • India will network with Asia's major oil buyers to negotiate with sellers: Pradhan
    on April 26, 2018 at 8:53 am

    NEW DELHI (Reuters) - India will work to create a network with other major oil buyers in Asia, such as China, South Korea and Japan, to negotiate better terms with sellers, the country's Oil Minister Dharmendra Pradhan said in New Delhi on Thursday. […]

  • Lufthansa says Alitalia restructuring a 'red line' for bid
    on April 26, 2018 at 8:26 am

    BERLIN (Reuters) - Lufthansa said it would only pursue its interest in struggling Italian airline Alitalia if the carrier is restructured, chief financial officer Ulrik Svensson said on Thursday. […]

  • Nokia sees weak first half but strong momentum later in 2018
    on April 26, 2018 at 8:02 am

    HELSINKI/LONDON (Reuters) - Network equipment maker Nokia posted weaker than expected quarterly profits as telecom operators, particularly in North America, held off spending, but the company sees momentum building later in the year. […]

  • China stocks slide, techs battered amid US probe of Huawei
    on April 26, 2018 at 7:53 am

    SHANGHAI (Reuters) - China stocks tumbled on Thursday as investors were spooked by a U.S. proble of Huawei, triggering a sell-off in tech firms as trade tensions between Beijing and Washington simmered just below the surface. […]

  • ECB expected to take confident tone despite slowing economy
    on April 26, 2018 at 7:40 am

    FRANKFURT (Reuters) - The European Central Bank is set to keep policy unchanged at its monetary meeting on Thursday, playing down worries over recent softness in the euro zone economy and leaving the door open to ending its lavish bond purchase scheme by the close of the year. […]

  • Sensex inches up, but derivatives expiry weighs
    on April 26, 2018 at 6:41 am

    (Reuters) - Indian shares were slightly higher on Thursday, but sentiment was subdued ahead of the expiry of derivatives contracts and as investors awaited March-quarter results from private sector lenders Axis Bank and Yes Bank Ltd. […]

  • Deutsche Bank announces major overhaul of investment bank
    on April 26, 2018 at 5:47 am

    FRANKFURT (Reuters) - Deutsche Bank on Thursday announced cuts to its bond and equities trading in a major overhaul of its troubled investment bank after posting a 79 percent drop in net profit in the first quarter. […]

  • Facebook's rise in profits, users shows resilience after scandals
    on April 26, 2018 at 4:44 am

    (Reuters) - Facebook Inc shares rose on Wednesday after the social network reported a surprisingly strong 63 percent rise in profit and an increase in users, with no sign that business was hurt by a scandal over the mishandling of personal data. […]

  • Where's the money, RBI? Data shows India's old habits die hard
    on April 25, 2018 at 3:02 pm

    MUMBAI (Reuters) - Having speeded up printing presses to refill banks' empty ATMs in some parts of the country, the Reserve Bank of India released data on Wednesday showing that people were still hoarding cash as withdrawals outpaced spending. […]

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