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Tuesday, May 11, 2021
INTERNATIONAL

INTERNATIONAL

Gupta may save Liberty Steel with £200m loan

The UK's third largest steel business may avoid collapse as owner Sanjeev Gupta is close to securing a £200 million loan from a private...

ArcelorMittal posts $2,285m net income in March quarter

World's largest steelmaker ArcelorMittal on Thursday (6) posted a net income of $2,285 million for the first quarter ended March 31, 2021. The company had...

Uber teams up with Arrival

UBER has teamed up with UK technology startup Arrival to create an electric car for the app-based US ride-hailing firm that will help to...

Indian lenders back in UK to pursue Mallya bankruptcy order

A consortium of Indian banks led by the State Bank of India (SBI) was back for a High Court hearing in London on Friday...

India to restart cotton, sugar exports to Pakistan   

PAKISTAN lifted a nearly two-year old ban on Indian sugar and cotton imports, government sources said, a step towards reviving suspended trade between the...

Amazon takes down underwear, doormat listings with Hindu symbols

Amazon.com Inc said on Tuesday (10) it had taken down listings of products such as briefs and doormats with Hindu sacred symbols, which were...

New CEO renames Hinduja Bank as S P Hinduja Banque Privée

THE newly appointed CEO of Hinduja Bank Karam Hinduja has renamed the Geneva-based institution as S.P. Hinduja Banque Privée. The name change was approved by...

India’s Bank of Baroda sues NMC Health founder BR Shetty over bad loans

INDIA’S Bank of Baroda has sued UAE-headquartered NMC Health group’s owner Bavaguthu Raghuram Shetty for allegedly breaching an agreement to provide 16 assets as...

Amazon mistakenly tells workers to take TikTok app off phones

AMAZON mistakenly sent workers an email telling them to dump the TikTok mobile application from their cell phones because of security concerns on Friday...

Covid-19 crisis to sink global economy in 2020; India’s GDP to shrink 4.5 per...

KEY emerging market economies are taking a severe hit to GDP amid the coronavirus pandemic, with India seeing the first contraction in decades, the...