Sources: Business Standard
Metal markets register new highs. Aluminium and nickel register a record price on the London stock exchange, at about $4,000 and $55,000 per tonne, respectively; nickel prices rose 90% on intraday trading. Copper also recorded new highs, at $10,845 per tonne, while palladium reached $3,440 per ounce. Russia is a substantial producer of all of these metals, and the market expects shortages of these commodities as the country is hit by further sanctions. 2022-03-7
Amazon wins a legal dispute against a European Union order to pay back taxes of €250 million ($303 million). The setback renewed calls from EU lawmakers for a global corporate tax deal and for several to voice their support for the Biden administration's proposed 21% minimum tax rate on multinationals. 2021-05-12
Finance Minister Nirmala Sitharaman announces a $35.14 billion package to stimulate the economy by boosting jobs, consumer demand, manufacturing, agriculture and exports hit by the COVID-19 pandemic. She said the package includes 9 billion rupees ($121 million) for development of a vaccine by the government’s biotechnology department. 2020-11-12
The Iranian rial hits another record low against the US dollar ahead of August 7, when the first round of fresh United States sanctions against Iran begin. 2018-07-30
Poland's ruling Law and Justice's Arkadiusz Mularczyk says Germany owes Polish victims of World War II a total of 1.984 trillion zloty (US$543 billion, 440 billion euros) in compensation. 2018-03-22
Oilfield services provider Schlumberger agrees to acquire construction company Cameron International in a $12.71 billion deal. 2015-08-27
The Indian rupee hits new record low against the US dollar. The rupee fell to 62.85 rupees against the dollar. 2013-08-17
The Indian rupee hits new record low against the US dollar. The rupee fell to 62.03 rupees against the dollar. 2013-08-16
Funeral service and cemetery company Service Corporation International purchases another funeral service company Stewart Enterprises for $1.4 billion. 2013-05-29
Major European stock markets record falls while the Euro suffers its biggest drop in 2 months against the US dollar. 2010-11-29