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U.S. trade panel rejects import duties on fabricated structural steel

By Administrator_India Capital Sands The U.S. International Trade Commission on Tuesday threw out the U.S. anti-dumping and anti-subsidy duties on fabricated structural steel from Canada and Mexico, ruling that such imports do not harm U.S. producers. The decision by the panel in a split, 3-2 vote is a rare rejection of U.S. duties imposed by […]

EU ministers to approve negotiating mandate for UK trade talks Best ECN trader in India Best Forex trader in India Best MT5 Broker in India Commodity Trader Stock Broker

EU ministers to approve negotiating mandate for UK trade talks

  • February 25, 2020
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By Ritu, Capital Sands European Union governments were expected to adopt a negotiating mandate on Tuesday for the tricky task of reaching a deal with Britain on future ties after it left the bloc last month. The EU mandate aims to offer Britain, which sells 45% of exports and buys 53% of imports from the […]

U.S. crude falls below $30 as Fed move fails to calm markets Best ECN trader in India Best Forex trader in India Best MT5 Broker in India Commodity Trader

Oil bounces as investors hunt bargains; virus fears cap gains

By Administrator_India Capital Sands Oil rose on Tuesday as investors snapped up bargains after crude benchmarks dropped almost 4% in the previous session, but fears that the spreading coronavirus could wreak far greater economic damage than initially thought capped gains. Brent crude rose 29 cents, or 0.5%, to $56.59 a barrel, after slipping 3.8% on […]

Saudi, Russia outline record oil cut under U.S. pressure as demand crashes Best Forex trader in India Commodity Trader Political News

Oil prices skid on demand concerns as virus spreads globally

By Administrator_India Capital Sands Oil prices tumbled nearly 3% towards a one-week low on Monday as the rapid spread of the coronavirus in several countries outside China left investors fretting about a hit to demand. Global shares also extended losses as concerns about the impact of the new virus grew, with the number of infections […]

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EU leaders to clash over money as Brexit blows hole in budget

By Administrator_India Capital Sands European Union leaders will clash this week over the EU’s 2021-2027 budget as Britain’s exit leaves a 75 billion euro (62.7 billion pounds) hole in the bloc’s finances just as it faces costly challenges such as becoming carbon neutral by 2050. The budget is the most tangible expression of key areas […]

India cracks down on use of VPNs in Kashmir to get around social media ban Best Forex trader in India Best MT5 Broker in India Commodity Trader Stock Broker Trading With Capital Sands

India cracks down on use of VPNs in Kashmir to get around social media ban

  • February 19, 2020
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By Ritu, Capital Sands Authorities in Indian Kashmir are cracking down on virtual private network  apps used to circumvent a months-long ban on social media, police said, as part of a broader effort to quell unrest over the withdrawal of the region’s autonomy. Social networks such as Facebook , WhatsApp and Instagram are still blocked, […]

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HSBC plans to slash 35,000 jobs after profits slid by a third last year

By Administrator_India Capital Sands HSBC announced a radical overhaul on Tuesday, including plans to slash 35,000 jobs and slim operations in the United States and Europe, after profits slid by a third last year. The Asia-focused lender has been trying to lower costs as it faces a multitude of uncertainties caused by the grinding US-China trade […]

Euro zone Germany back fiscal boost in the event of downturn Commodity Trader Political News Stock Broker Trading With Capital Sands

Euro zone, Germany back fiscal boost in the event of downturn

  • February 18, 2020
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By Ritu, Capital Sands The euro zone should be ready for a fiscal boost if a downturn hits its economy, Germany’s finance minister and his counterparts from other countries of the bloc said in a joint document adopted on Tuesday. The move was deemed as a breakthrough by France’s Finance Minister Bruno Le Maire, who […]

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BJP Gets Boost After Jharkhand Poll Defeat as JVM(P) Merges with Saffron Party

By Administrator_India Capital Sands The JVM(P) of former Jharkhand chief minister Babulal Marandi merged with the BJP on Monday, giving stimulus to the saffron party smarting from defeat in the November-December 2019 state assembly polls. Union Home Minister Amit Shah, credited with BJP’s phenomenal expansion as its president, was present at a well-attended public rally […]

Oyo says annual loss grew over six-fold on China expansion Best Forex trader in India Best MT5 Broker in India Commodity Trader Stock Broker Trading With Capital Sands

Oyo says annual loss grew over six-fold on China expansion

  • February 17, 2020
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By Ritu, Capital Sands SoftBank-backed (9984.T) Oyo Hotels and Homes said on Monday losses widened more than six-fold in the year to March 2019, as the India-based hotel chain spent heavily to expand into China. The news comes weeks after Oyo began laying off roughly 2,000 employees in India, as it inches toward profitability, and […]