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Steel ministry criticises SAIL as shortage hits railway upgrade

NEW DELHI (Reuters) - The Indian government has criticised state-run Steel Authority of India (SAIL) for its failure to supply rails to Indian Railways, according to a letter seen by Reuters. ...more
2017-09-23   21:17:02 IST

Thyssenkrupp Tata Steel merger set to gain pricing power

FRANKFURT (Reuters) - Thyssenkrupp Steel and Tata Steel's plans to merge in Europe could enable them not just to cut costs but also raise prices, customers and shareholders say. ...more
2017-09-23   20:38:03 IST

Wall Street opens lower as North Korea tensions rise

REUTERS - U.S. stocks opened lower on Friday as investors turned risk averse after North Korea and the United States entered into a fresh war of words. ...more
2017-09-23   20:38:03 IST

Fed's Williams sees calm market reaction to balance sheet unwind

ZURICH (Reuters) - U.S. central banker John Williams said on Friday he does not expect any market turbulence as the Fed gets under way with reducing the huge balance sheet built during its campaign to stimulate the U.S. economy. ...more
2017-09-23   20:38:03 IST

Trump dismisses Facebook ads controversy as part of 'Russia hoax'

WASHINGTON (Reuters) - U.S. President Donald Trump on Friday questioned Facebook Inc's decision to overhaul how it handles paid political advertisements amid investigations into alleged Russian interference in U.S. elections. ...more
2017-09-23   20:30:02 IST

SBI Life's $1.3 billion IPO, India's biggest in seven years, draws strong demand

MUMBAI (Reuters) - SBI Life Insurance Co Ltd's initial public offering to raise 84 billion rupees ($1.3 billion), India's biggest IPO in seven years, was subscribed more than 3.5 times on the closing day, strengthening the outlook for share sales in what is expected to be a record year. ...more
2017-09-23   20:06:02 IST

Uber stripped of London licence, plans to appeal

LONDON (Reuters) - London stripped Uber on Friday of its licence to operate from the end of next week in a huge blow to the taxi service and 3.5 million users in one of the world's wealthiest cities. ...more
2017-09-23   20:06:02 IST

India's drug prices regulator calls for better oversight of private hospitals

MUMBAI (Reuters) - India's drug pricing authority called for better regulation of the country's massive private healthcare industry on Friday to ensure government efforts to cut prices benefit patients. ...more
2017-09-23   19:59:03 IST

North Korea may consider H-bomb test in Pacific, Kim calls Trump "deranged"

SEOUL/NEW YORK (Reuters) - North Korea said on Friday it might test a hydrogen bomb over the Pacific Ocean after President Donald Trump vowed to destroy the reclusive country, with leader Kim Jong Un promising to make Trump pay dearly for his threats. ...more
2017-09-23   19:59:03 IST

London police charge 18-year-old man over Parsons Green bomb attack

LONDON (Reuters) - British police said on Friday they had charged an 18-year-old man with attempted murder in connection with last week's bomb attack at Parsons Green station in London. ...more
2017-09-23   19:38:01 IST

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