By Administrator_India, Capital Sands The new U.S. ban on foreign citizens entering the country if they have traveled to Europe in recent weeks will heap more pressure on airlines already reeling from the coronavirus pandemic, hitting European carriers the hardest, analysts said. The 30-day restrictions from Friday, which exclude Britain, are similar to those that […]
By Administrator_India, Capital Sands Oil prices plunged around 25% on Monday, heading towards their biggest daily loss since 1991 after Saudi Arabia slashed prices and set plans for a big increase in crude production in April. Prices fell as much as 31% following the Saudi move to start a price war after Russia balked at […]
By Administrator_India, Capital Sands Asian shares rallied for a fourth straight session on Thursday as U.S. markets swung sharply higher and another dose of central bank stimulus offered some salve for the global economic outlook. Wall Street seemed to find relief in the strong performance of former Vice President Biden in the Democratic nomination campaign. […]
By Administrator_India, Capital Sands The S&P fell sharply on Tuesday as the Federal Reserve rate cut was largely shrugged off amid an ongoing spread of the coronavirus in the U.S. The S&P 500 slumped 2.8%, the Nasdaq Composite lost 3% and the Dow Jones Industrial Average fell 2.95%, or 789 points. Washington state authorities now report nine deaths from Covid-19, while […]
By Administrator_India, Capital Sands An Italian national tested positive for coronavirus in the western Indian state of Rajasthan, a major tourist destination, a hospital official said on Monday, taking the number of people who have tested positive in the country to six. The patient had initially tested negative for the virus but a second test […]
By Administrator_India, Capital Sands Indian automakers Mahindra and Mahindra Ltd and Tata Motors said on Sunday their supply of parts from China had been hit, as fallout from the coronavirus outbreak mounts. “Going into March, we anticipate the challenge on parts-supply to continue for another few weeks, before we get back to normalcy,” Veejay Ram […]
By Administrator_India, Capital Sands Australian business investment unexpectedly fell last quarter led by declines in the mining and building sectors, frustrating hopes for a long-awaited pick up in spending and reinforcing expectations of yet another rate cut later this year. During the December quarter, investment stumbled 2.8% to A$28.5 billion ($18.8 billion), figures from the […]
By Administrator_India, Capital Sands Asian shares fell on Wednesday as a U.S. warning to Americans to prepare for the possibility of a coronavirus pandemic drove another Wall Street tumble and pushed yields on safe-haven Treasuries to record lows. The S&P 500 .SPX and the Dow Jones Industrial Average .DJI both shed more than 3% on Tuesday in their fourth […]
By Administrator_India, Capital Sands Mexico’s economy ministry detected a cyber attack on some of its servers on Sunday but did not consider sensitive information to have been compromised, and beefed up safety measures, it said in a statement. It was the second high-profile cyber attack on the Mexican government after hackers demanded $5 million in […]
By Ritu, Capital Sands South Korea reported 161 more coronavirus cases Monday, taking the nationwide total to 763 and making it the world’s largest total outside China. The country has seen a rapid surge in the number of coronavirus cases — adding more than 700 cases in less than a week — since a cluster […]