New York: For the first time this year, hedge funds are turning away from a rally in the global stock market.
New York: For the first time this year, hedge funds are turning away from a rally in the global stock market.
The ratio of bullish to bearish bets among professional speculators fell last week and is below historical averages, according to a survey by International Strategy & Investment Group. The reduction came as the MSCI
New Delhi: Kingfisher Airlines Ltd pilots and engineers said they will strike until seven months of unpaid salaries are settled, increasing the pressure on Chairman Vijay Mallya who has personally guaranteed $1.1 billion of the cash- strapped carrier’s debts.
“If there is no money, then there won’t be any take offs,” Vikrant Patkar, a Kingfisher cap
Dubai: Global Village and its attractions will be open from October 21 and run until March 30, 2013, welcoming visitors earlier than usual to cover the period of Eid Al Adha.
Global Village attracts millions of visitors every season. The number of visitors rises especially during weekends, public and Eid holidays.
Meanwhile,
New York: Treasuries fell for the first time in three weeks after a report showing the US unemployment rate unexpectedly declined renewed concern the Federal Reserve’s commitment to strengthen the economy may stoke inflation.
The yield on the 10-year note rose to the highest in almost two weeks after the Labour Department said on Friday that the
Beijing: How can it be that a company clever enough to satisfy Apple’s famously stringent requirements can’t figure out how to keep its workers from killing themselves and hurting one another?
Last week’s riot at a Foxconn Technology Group factory in northern China belies the myth that better pay and benefits are enough to mollify Chinese workers. F
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