Gold firm ahead of US nonfarm payrolls report
SINGAPORE — Gold rose on Friday ahead of a closely watched US jobs report and the metal was set to post its first weekly gain in four thanks to safe-haven bids amid political uncertainty in Greece and robust Chinese demand. Spot gold ticked up 0.3% to $1,212.21/oz by 3.08am GMT but it was below a... read more »
Coca-Cola to lay off at least 1600 executives globally to trim costs
The world’s biggest beverage maker Coca-Cola has said that the company will lay off around 1600-1800 executives around the globe in the coming months to trim costs. According to Stuff.co.nz, the company said that it has started informing employees in the United States and other international... read more »
Domestic car sales surged by 15.26 per cent in December 2014 over 2013
Domestic passenger car sales rose by 15.26 per cent to 1,52,743 units in December 2014 as compared to 1,32,524 units in the corresponding month of 2013. Motorcycle sales in December last year declined by 3.52 per cent to 7,79,908 units from 8,08,389 units in 2013, according to data released by auto... read more »
Markets erase early gains; ICICI Bank, ITC & Infosys drag
Markets have erased early gains and have slipped into negative zone weighed down by selling in select index heavyweight shares like ICICI Bank, ITC and Infosys. At 12:13PM, the 30-share Sensex was down 64 points at 27,210 and the 50-share Nifty was down 20 points at 8,215. Top losers on the Sensex... read more »
