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Indian stocks rise as PM Modi’s party wins election

Reuters Emerging market stocks hit a four-and-a-half month low on Thursday, as fears of a worsening US-China trade war cast a shadow over developing world assets. China’s Commerce Ministry said if the United States wants to ..

US Fed’s patience 
on interest rates to last ‘for some time’

Reuters WASHINGTON US Federal Reserve officials at their last meeting agreed that their current patient approach to setting monetary policy could remain in place “for some time,” a further sign policymakers see little need to ..

‘Uber, Lyft to turn wheels on car ownership’

Reuters Toronto Ride-hailing apps like those of Uber Technologies and Lyft Inc are expected to alter the state of car ownership towards subscription-based services and shared ownership, auto industry experts have said at a ..

The IMF sounded the alarm on Thursday about the escalating US-China trade war, warning it will “jeopardize” 2019 global growth, undermine confidence and raise prices for consumers. Gita Gopinath, the International Monetary ..

Sales of new U.S. single-family homes fell from near an 11-1/2-year high in April as prices rebounded and manufacturing activity hit its lowest level in almost a decade in May, suggesting a sharp slowdown in economic growth was ..

Tesla is on course to deliver a record number of cars in the second quarter, beating the 90,700 it sent to customers in the final quarter of last year, according to an internal email from Chief Executive Officer Elon Musk to staff. ..

AFP Beijing China berated the United States for “bullying” Huawei on Thursday as Panasonic joined a parade of foreign companies reviewing their ties with the telecom giant after a US ban linked to security concerns. Beijing also ..

Lawyers for Carlos Ghosn will ask a Japanese court to allow the former Nissan Motor boss one monitored visit with his wife after the Supreme Court upheld curbs on contact with his spouse while he is on bail, his legal team said on ..

Norwegian cruise ship operator Hurtigruten has signed a 7.5-year deal to buy liquefied biogas (LBG) made from dead fish and other organic waste to help power its vessels, the firm said on Thursday. Under the contract with Biokraft, ..

German prosecutors said Thursday they had fined car parts supplier Bosch 90 million euros ($100 million) over its role supplying components in the “dieselgate” emissions cheating scandal. In a statement, Stuttgart ..

AFP The head of the US air safety agency said on Wednesday his agency hadn’t yet evaluated Boeing’s patch for its 737 MAX 8 jet, ahead of a Thursday summit of global aviation regulators. The 737 MAX was grounded following the March 10 ..