Corn eases from two-week top on positive U.S. planting progress

By Naveen Thukral SINGAPORE, May 17 : Chicago corn futures slid on Tuesday, falling from last session’s two week high as the above-average pace of planting across the U.S. Midwest anchored prices. Soybeans rose after closing lower for the last four sessions while wheat was flat although still pressured by the stable condition of the […]

Delhi civic bypolls: AAP wins five wards, Congress four, BJP three

New Delhi, May 17 : The BJP suffered losses in the civic bypolls in Delhi, retaining only three of 13 seats with the Aam Aadmi Party winning five in its maiden outing and Congress improving its position by winning four seats. One seat was won by an independent candidate Rajender Singh Tanwar, who later joined […]

Indian consumers most confident globally in first quarter: Nielsen

New Delhi, May 17 : Indian consumers were the most confident in the world in the first quarter of 2016 as their confidence index touched a nine-year high during this period, American performance management company Nielsen said. Nielsen said this finding was based on its latest ‘Global Survey of Consumer Confidence and Spending Intentions’. The […]

Stocks rally as Buffett bites into Apple, oil eyes $50

By Jamie McGeever LONDON, May 17 : World shares rose on Tuesday as technology giant Apple Inc’s biggest rise in over two months and oil’s march higher to near $50 a barrel boosted investor demand for riskier assets at the expense of safe-haven bonds. MSCI’s index of global shares rose 0.2 percent , putting it […]

Inflation gauge hits two-month high, German yields rise with oil

By John Geddie LONDON, May 17 : German bond yields rose and a key measure of long-term euro zone inflation expectations struck a two-month peak on Tuesday as oil prices climbed to nearly $50 a barrel. The steady rally in crude seen over the last fortnight saw U.S. crude futures trade at a seven-month high […]