Latest News

Jet Airways Ltd shares plunged on Thursday, battered by fears about whether the grounded Indian airline would fly again, even as carriers like rival SpiceJet rushed in to plug a supply gap in the wake of their rival\'s demise.\n \n
The Indian government plans to form a committee to temporarily allocate takeoff and landing slots left vacant by the grounding of Jet Airways flights, a senior official said, a day after the indebted carrier was forced to stop operations.\n \n
Video conferencing company Zoom Video Communications opened at $65 per share on Thursday, 80.6 percent above its initial public offering price, in its debut on the Nasdaq.\n \n
Shares of online scrapbook company Pinterest Inc surged 25 percent in their debut on Thursday, giving it a market capitalization of $15.8 billion and signalling increased investor appetite for new tech listings.\n \n
Credit card issuer American Express Co\'s quarterly profit beat analysts\' estimates on Thursday, as it spent more on its rewards program boosting customer spending.\n \n
Oil prices were little changed on Thursday as a drop in crude exports from OPEC\'s defacto leader Saudi Arabia and a draw in U.S. oil inventories supported prices, while the strengthening dollar and weak equities kept futures in check .\n \n
Britain is starting its search for a new governor of the Bank of England to succeed Mark Carney who is due to step down in January 2020.\n \n
The United States won a World Trade Organization (WTO) ruling on Thursday against China\'s use of tariff-rate quotas for rice, wheat and corn, which it successfully argued limited market access for U.S. grain exports.\n \n
A gauge of global stocks erased this week\'s gains on Thursday after underwhelming manufacturing surveys from Asia and Europe and continued weakness in U.S. healthcare shares spurred profit-taking ahead of an extended Easter holiday weekend.\n \n
Sears Holdings Corp sued longtime Chairman Eddie Lampert, his hedge fund ESL Investments, and former directors including Treasury Secretary Steven Mnuchin, accusing them of allowing the retailer to be looted of billions of dollars before its October 2018 bankruptcy.\n \n

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