Sources: Business Standard
Russia avoids default on the dollar-denominated bonds that were due in April by sending dollars to foreign investors just before the grace period expired. 2022-05-3
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
Brazil's Central Bank sells US$1 billion to offset declines in the real, which has fallen ⅓ relative to the dollar in 2021 alone, with another US$1 billion in sales scheduled for later today. 2021-10-14
The Japanese government designates Osaka, Hyogo, and Miyagi Prefectures for tougher measures against COVID-19 amid a rise in cases. The measures include fines of ¥200,000 ($1,808.80) for restaurants and bars that ignore mandates to shorten operating hours to 8:00 p.m., and capping attendance of large events to 5,000 people. These measures will be effective for one month beginning on April 5. 2021-04-1
Marathon Oil purchases Andeavor for $23.3 billion, creating the biggest oil refining firm in the United States. 2018-04-30
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
Priceline.com agrees to purchase OpenTable for US$2.6 billion. 2014-06-13
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
Telecommunications company Vodafone is fined Rs. 1,263 crores for under reporting its income from 2007-11. 2013-06-3