European stock markets rebound after pandemic-driven crash
By Ritu, Capital Sands European stock markets bounced back on Friday from their worst day ever, as signs of a U.S. stimulus package helped soothe fears about an economic shock...
India orders international cricket matches in empty stadiums to combat coronavirus
By Ritu Capital Sands The India government has ordered upcoming international cricket matches to be played in empty stadiums, as travel operators warned of an unprecedented impact of a blanket...
Sensex, Nifty snap seven-day losing streak on hopes
By Ritu, Capital Sands Indian shares ended higher on Tuesday, snapping their longest losing streak since last May, lifted by hopes of policy easing by major central banks of the...
Indonesia confirms first cases of coronavirus, link to Japanese visitor
By Ritu, Capital Sands Two Indonesians have tested positive for coronavirus after coming into contact with an infected Japanese national, President Joko Widodo said on Monday, marking the first confirmed...
China Makes Bad Loans Disappear as Virus Pummels Banks
By Ritu, Capital Sands Chinese banks are taking extraordinary measures to avoid recognizing bad loans, seeking to shield themselves and cash-strapped borrowers from the economic fallout of the coronavirus outbreak....
U.K. May See Investment Surge on Brexit, Budget, Economist Says
By Ritu Capital Sands There’s a good chance that U.K. companies will unleash spending this year with a double boost from an expansionary budget and more clarity over Brexit, according...
New Delhi is world’s most polluted capital for second straight year
By Ritu, Capital Sands New Delhi was the world’s most polluted capital city for the second straight year in 2019, according to a Swiss-based group that gathers air-quality data globally....
India’s economy likely grew 4.7% in December quarter
By Ritu, Capital Sands Indian economic growth likely accelerated a touch in the October-December period after its weakest expansion in over six years in the previous quarter, a Reuters poll...
PepsiCo buys Chinese snack brand Be & Cheery for $705 mn
By Ritu, Capital Sands PepsiCo Inc has agreed to buy Chinese snack brand Be & Cheery from local jujube maker Haoxiangni Health Food Co Ltd for $705 million, the companies...
U.K. Inflation Accelerates to Its Fastest Pace in Six Months
By Ritu Capital Sands U.K. inflation picked up for the first time in six months, boosted by the cost of energy, motor fuel and air fares. Consumer prices rose a...