Finance
Disciplinary action will be initiated against officials involved in malpractices in DAP supply: Punjab Agriculture Minister

Chandigarh (Punjab) [India], November 13 (ANI): Punjab Agriculture Minister Randeep Singh Nabha on Saturday said that disciplinary action would be initiated against those officials who were allegedly involved in malpractices in Diammonium Phosphate (DAP) supply. In a release by the state government, Nabha said that disciplinary action has been initiated against the Agriculture Officer and […]

Updated: Nov 13, 2021
World food import bill to reach record high in 2021

New York [US], November 12 (ANI): The UN Food and Agriculture Organization (FAO) has said the global food trade should hit an all-time record high in both volume and value terms. A new report released on Thursday said that the global food import bill should extend beyond USD 1.75 trillion by the end of 2021. […]

Updated: Nov 12, 2021
Mixed finish on Wall Street, Nasdaq advances, Dow sinks

NEW YORK, New York – U.S. stocks were mixed on Thursday with the Nasdaq Composite and Standard and Poor’s 500 rebounding after two days of heavy losses. The Dow Jones industrials remained in the doldrums with a more than 100 points loss. The U.S. dollar steamed ahead with several crucial levels across the board giving […]

Updated: Nov 11, 2021
Surge in U.S. CPI sends stocks, bonds tumbling, dollar soaring

NEW YORK, New York – A sudden jump in the Consumer Price Index in the United States has undermined U.S. stocks and bonds, while boosting the U.S. dollar Wednesday. The monthly 0.09 percent CPI rise announced by the Labor Department Wednesday, was well above the expected 0.06 percent. It brought the annualized CPI increase to […]

Updated: Nov 10, 2021
Buyers on Wall Street take a breather, stocks end down

NEW YORK, New York – Buyers finally took a rest on Wall Street on Tuesday allowing sellers to step in and take charge. A major sell-off Tuesday brought to an end several consecutive days of record highs for the major indices. “It’s a risk-off day,” Jay Hatfield, CEO and portfolio manager at InfraCap Advisors in […]

Updated: Nov 9, 2021
Pakistan govt decides to put up entire sugar stock for sale amid crisis

Islamabad [Pakistan], November 9 (ANI): Pakistan Prime Minister Imran Khan has decided to put up the entire sugar stock for sale in the market amid the sugar price crisis in the country, local media reported. During a meeting chaired by Imran Khan on price control on Monday, he took the decision to start sugarcane crushing […]

Updated: Nov 8, 2021
Coursera’s Stock Continues Below Its IPO Price Despite Improved Results in Q3

IBL News | New York Shares of Coursera (NYSE: COUR) continue falling on Thursday, despite the company’s third-quarter earnings report that beat Wall Street’s expectations on both revenue and earnings per share. In the last two days, the stock finished down over 11%, at $32.14. Since it went public this year in March, at $33, […]

Updated: Nov 7, 2021
Peloton, Nvidia, Airbnb, Expedia: What to Watch in the Stock Market Today

Wall Street indexes climbed after jobs figures showed that hiring picked up in October and the unemployment rate fell. Here’s what we’re watching in Friday’s trading: Peloton Interactive shares plunged after the maker of connected fitness equipment reported its smallest quarterly gain in subscriber growth since it became a public company two years ago. It also said […]

Updated: Nov 6, 2021
U.S. stocks mania rolls on, another record-setting day on Wall Street

NEW YORK, New York – Strong jobs growth saw Wall Street’s main indices forge ahead on Friday, to new record highs. “Although the data bodes well for the recovery in the U.S., the rise in earnings year on year of 4.9% does highlight worries about wage inflation,” Susannah Streeter, senior investment and markets analyst at […]

Updated: Nov 5, 2021
Wall Street shatters more records, Nasdaq climbs further 129 points

NEW YORK, New York – It was just another regular trading day on Wall Street Thursday with the Standard and Poor’s 500 and Nasdaq Composite both closing at record highs. Only the Dow Jones was sold off. “We have had a very strong earnings season and the Fed has followed through on what it was […]

Updated: Nov 4, 2021