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Nutrien sticks to fertilizer expansion plan despite demand drop By Reuters

© Reuters. FILE PHOTO: An interior view of the storage warehouse is seen at Nutrien’s Cory potash mine near Saskatoon, Saskatchewan, Canada August 12, 2019. REUTERS/Nayan SthankiyaBy Rod NickelWINNIPEG, Manitoba (Reuters) -Nutrien Ltd,...

Redington reports 26 per cent increase in net profit in Q2

Chennai-based Redington Ltd reported a 26 per cent increase in net profit to ₹387 crore for the second quarter ended September 30. The company registered its highest ever global revenues, which grew by...

Elon Musk plays to lay off half of Twitter employees, sources say

Elon Musk plans to eliminate about 3,700 jobs at Twitter Inc., or half of the social media company’s workforce, in a bid to drive down costs following his $44 billion acquisition, according to...

India considers capital infusion, merger of loss-making lender IFCI

India is considering pumping about 20 billion rupees ($242 million) into state-run IFCI Ltd. and merge it after with its unit, Stock Holding Corp. of India in an attempt to rescue the beleaguered...

Binance’s CZ says crypto is the ‘only stable thing’ in this financial environment

Cryptocurrency is “the only stable thing” right now as volatility and economic uncertainty continue to roil markets, according to the head of crypto exchange Binance.Speaking at the Web Summit conference in Lisbon on...

Netanyahu block lead widens as results flow

After 97% of the votes cast in the general election held in Israel yesterday have been counted, the interim result is a large majority for the right-wing block led by Benjamin Netanyahu. At...

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