Megasoft jumps after company bags contract from Bihar Government
Megasoft (7.8%) has risen sharply today following the company signing and MoU with Bihar government. The stock rose to Rs 23, its highest in more than a month, and is currently trading at Rs 21.70.On BSE, the Megasoft counter has clocked a volume of around 2.78 lakh shares so far in the session, more than […]
US STOCKS-Wall St little changed as healthcare stocks weigh
* Tiffany rises on 4th-qtr profit beat * Adobe up on strong quarterly results * Dow up 0.06 pct, S&P up 0.05 pct, Nasdaq down 0.03 pct (Updates to open) By Anya George Tharakan March 17 (Reuters) – U.S. stocks were little changed onFriday as a slide in Amgen dragged down the healthcare sector,offsetting gains […]
Indian soyoil futures rise tracking overseas markets
NEW DELHI, March 17 (Reuters) – Indian soyoil futures wereheaded for a third straight gaining session on Friday, trackingthe soyoil contract on the Chicago Board of Trade (CBOT) and theDalian Commodity Exchange, as well as palm oil on the BursaMalaysia Derivatives Exchange. April soyoil futures were up 1 percent at 642.70rupees ($9.82) per 10 kg […]
US STOCKS-Wall St set to open flat as investors seek new catalysts
* Tiffany’s up on 4th-qtr profit beat * Adobe jumps on strong quarterly results * Futures: Dow up 16 pts, S&P down 1 pt, Nasdaq up 2.5 pts (Adds details, comments, updates prices) By Anya George Tharakan March 17 (Reuters) – U.S. stocks looked set to open littlechanged on Friday as investors sought fresh cues […]
E-commerce transactions in Saudi Arabia amount to SR2.25 billion
Author: Arab NewsFri, 2017-03-17ID: 1489741188801108500The volume of e-commerce transactions in the Saudi market amounted to about SR2.25 billion in 2016, according to Secretary-General of the Consumer Protection Society Abdulrahman Al-Qahtani.Al-Qahtani said it is necessary to protect consumers who engage in transactions online from fraud and exploitation that can occur due to deceptive advertisements and unfair practices. He […]
Oil prices extend gains after drop in US stockpiles
Author: ReutersFri, 2017-03-17ID: 1489689073004368100TOKYO: Crude oil prices rose on Thursday to extend gains from the previous session after official government data showed US stockpiles had eased from record highs.Prices surged on Wednesday after a slew of market reports and official data offered some hope that a near three-year global glut in oil is coming to an end, […]
Money for garbage? Cairo kiosks buy recyclable material
Author: ReutersFri, 2017-03-17ID: 1489689072924367800CAIRO: Cairo residents are being offered money in exchange for their recyclable garbage, as part of efforts to clean the city’s streets and reduce the enormous landfill waste produced in the teeming metropolis of 22 million.Two kiosks in the historic Cairo neighborhood of Heliopolis began buying cans, glass, paper and different kinds of plastic […]
More gas guzzlers due to Trump? Not necessarily
Author: AFPFri, 2017-03-17ID: 1489689072824367500NEW YORK: The White House clashed with environmentalists on Wednesday over President Donald Trump’s retreat from tough future auto emission standards, with both sides predicting potentially big consequences for America’s car fleet.Appearing in Detroit, Trump ordered a review of the Obama administration’s decision in January to finalize stiff fuel economy standards for the 2022-2025 […]
Australia to invest billions in hydro plant to stem energy crisis
Author: AFPFri, 2017-03-17ID: 1489689072744367200SYDNEY: Billions of dollars will be pumped into a massive hydro-electric project in Australia, the prime minister said Thursday, as the country faces a growing power crisis after a huge blackout and heatwave strained supplies.The expansion of the Snowy Mountains Scheme in New South Wales state could provide electricity to 500,000 homes, which Prime […]
Asian markets boosted by Fed but dollar sinks
Author: AFPFri, 2017-03-17ID: 1489688714334259600HONG KONG: Asian markets rallied and the dollar sank on Thursday after the Federal Reserve lifted US interest rates but gave a more dovish outlook for future hikes, while the euro was also boosted by the expected victory of the incumbent party in Dutch elections.After a much-anticipated meeting the US central bank lifted borrowing […]
