The Reserve Bank of India (RBI) on Wednesday gave banks time till October 31 to comply with its guidelines on current account and overdraft facilities. The central bank indicated that it was in no mood to change the proposed rules, but would only allow for stretching the timeline for smoother implementation. The initial deadline had ended on July 31, leading […]

An international construction materials supplier that provided competition todual-listed giant Fletcher Building has told customers it is shutting its operations in New Zealand because it can’t succeed here. Nick Youngman, country manager for the Auckland-headquartered operations of USG Boral, recently sent text messages and emails to customers, saying it was with great sadness the business was leaving. The company has […]

Coronavirus infections are surging as new cases hit record highs in Tokyo, overshadowing the Olympics and fueling doubts over Prime Minister Yoshihide Suga's handling of the pandemic. The latest proposed steps to impose regulations on eight more prefectures mean that more than 70% of the population will be under some restrictions. But experts question whether the steps will have much […]

"With this stock currently trading at a meager 17 times this year's earnings forecast, I'm pronouncing DuPont a bargain," CNBC's Jim Cramer said Wednesday. The "Mad Money" host said investors appear to be misjudging the specialty chemical maker. "This is a higher quality company than Wall Street seems to recognize," he said. In this article DD CNBC's Jim Cramer said […]

It's that time again! "Mad Money" host Jim Cramer rings the lightning round bell, which means he's giving his answers to callers' stock questions at rapid speed. Electronic Arts: "That conference call is going on right now as I talk so I cannot be able to opine on it. … I've got to do more work." Monster Beverage Corporation: "I […]

A coalition of gig economy companies that includes Uber, Lyft, DoorDash and Instacart said on Wednesday that it had filed a ballot proposal in Massachusetts that could create a new class of workers in the commonwealth. If the coalition is successful, Massachusetts voters will decide next year whether gig workers should be considered independent contractors. The employment classification of gig […]

Britain’s economy continues to rebound but is losing some of the earlier momentum in the face of inflationary pressures, fresh figures indicate. Growth among UK service companies, which make up the lion’s share of UK economic output, slowed to its lowest levels since March although is still strong, according to an influential poll. The sector scored a strong 59.6 in […]