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US fines French firm for doing business with Cuba

Havana, Feb 24 (IANS) The US Treasury Department has fined a French firm for doing business in US equipment with Cuba in violation of the United State trade embargo against the Caribbean island nation. CGG…


Japan shares end lower

Tokyo, Feb 24 (IANS) Japan shares ended the morning session lower on Wednesday on a firmer yen and the decline in oil prices. The 225-issue Nikkei Stock Average declined 103.74 points, or 0.65 percent, from…




Tokyo shares open lower

Tokyo, Feb 24 (IANS) Tokyo shares opened the trading on Wednesday lower as sentiment here was weighed down by the yen’s appreciation and the oil prices’ retreat. At 9.15 a.m. (local time), the 225-issue Nikkei…


Canadian stocks close lower

Toronto, Feb 24 (IANS) Canada’s main stock market in Toronto dipped into negative territory after crude oil prices fell back over Saudi plans on no production cuts. The Toronto Stock Exchange’s benchmark Standard & Poor’s/TSX…



US stocks pull back amid falling oil

New York, Feb 24 (IANS) US stocks suffered big losses as Wall Street digested mixed economic reports amid declining oil prices. The Dow Jones Industrial Average dipped 188.88 points, or 1.14 percent, to 16,431.78 on…


US dollar rises amid mixed data

New York, Feb 24 (IANS) The US dollar increased against most major currencies amid mixed economic data from the country and rising concerns that Britain may leave the European Union (EU). In late New York…


US stocks retreat amid falling oil

New York, Feb 24 (IANS) US stocks pulled back in the morning session as Wall Street digested mixed economic reports amid declining oil prices. The Dow Jones Industrial Average fell 159.98 points, or 0.96 percent,…


Spanish stock market closes lower

Madrid, Feb 24 (IANS) The Spanish stock market index Ibex-35 fell 1.42 percent to close at 8,267.60 points, down from 8,387 points of the previous session. ArcelorMittal shares led falls losing 4.24 percent, followed by…



Infosys Foundation opens mobile science lab

Bengaluru, Feb 23 (IANS) Global software major Infosys’ Infosys Science Foundation, along with the Agastya International Foundation, on Tuesday unveiled a mobile science lab to ignite curiosity, spark creativity and make learning interactive for students….


OMC targets 10 mt ore production in 2016-17

Bhubaneswar, Feb 23 (IANS) The Odisha Mining Corporation (OMC), the mining PSU of Odisha government, said on Tuesday that it plans to increase its iron ore and chrome ore production to 10 million tonne (mt)…





Honda Cars India appoints new president

New Delhi, Feb 23 (IANS) Automobile major Honda Cars India on Tuesday announced the appointment of Yoichiro Ueno as its new president and chief executive with effect from April 1. According to the company, Ueno…


Jet Airways appoints chief people officer

Mumbai, Feb 23 (IANS) Airline major Jet Airways on Tuesday announced the appointment of a chief people officer. The company appointed Rahul Taneja, who will be responsible for shaping the operations and performance of the…