Business
Canadian sectors to watch as trade war between U.S. and China escalates
But he adds, "On the other hand, the president is absolutely prepared to defend our interests". In addition to advanced technologies such as communication satellites, the US list includes items ranging from various types of steel to television components, medical devices, dishwashers, snow blowers and even flamethrowers.
Business
US Adds 103000 Jobs in March, Below Forecasts
Other economists had the number closer to 200,000 jobs. Employment in professional and business services gained the most jobs, adding 33,000, while the health care and manufacturing sectors followed with 22,000 jobs each. Still, the expansion has been puzzlingly slow, with economic growth averaging just 2.2 percent a year - about a percentage point below the historical average.
Business
Sensex Tumbles 351 Points On Trade-war Worries; Nifty Dips Below 10150
Earlier, the Trump administration proposed 25 percent tariffs on $50 billion worth of imports from China to protest Beijing's alleged theft of United States technology. 441.50 on the NSE on debut, down 15 percent from its issue price of Rs 520 a share. Fresh concerns over a trade war between the USA and China pushed world markets in a tailspin on Wednesday with the Indian benchmark indices shedding more than 1% each even after opening on a strong note.
Business
J&J Loses Case Linking Mesothelioma to Asbestos in Talc
Banker Stephen Lanzo said he used Johnson and Johnson products for more than 30 years. The talc supplier that was named in the case alongside J&J, Imerys Talc , told CNN that the jury in the Lanzo case didn't note the evidence that the man was exposed to asbestos in his childhood home and schools.
Business
Sensex surges 1.75% as RBI lowers inflation forecast
On similar lines, the NSE Nifty, after shuttling between 10,331.80 and 10,227.45, finished the day 196.75 points, or 1.94 points higher at 10,325.15. However, for the week, Nifty managed to clock a gain of over 2 per cent. Gains in index heavyweights ICICI Bank , Tata Steel and Maruti Suzuki were offset by losses in Bharti Airtel, Infosys and Larsen & Toubro. Other losers were L&T, Bajaj Auto , IndusInd Bank, Axis Bank, HUL, Wipro, Coal India , TCS, M&M, ONGC, Asian Paints and Hero ...
Business
Oil prices tumble amid trade worries
Brent for June settlement declined 2 cents to US$68 a barrel on the London-based ICE Futures Europe exchange, after slipping 10 cents yesterday. The statement said it was a countermeasure in response to a previous USA move to slap tariffs on steel and aluminum imports.