March 2021

TOKYO -- Japanese shares rose for a fourth straight session on Friday, as technology stocks bounced back while expectations that low interest rates and big fiscal spending would continue to support global economic growth kept investor sentiment supported. Read More

298 Views

Blog / PMN Business / REU

Asian stocks up as Biden signs stimulus; lower yields boost tech

SHANGHAI/NEW YORK -- Asian shares pushed higher on Friday after U.S. President Joe Biden signed a $1.9 trillion stimulus bill into law, and as a retreat in bond yields overnight eased global concerns about rising inflation. Read More

252 Views

Blog / PMN Business / REU

U.S. lawmaker urges FAA to extend ‘zero-tolerance’ policy past March 30

WASHINGTON -- The head of the U.S. House of Representatives transportation panel urged the Federal Aviation Administration on Thursday to extend a "zero-tolerance" policy for passengers not wearing masks or causing disturbances on flights. Read More

271 Views

Blog / PMN Business / REU

Mexico to evaluate need for tax reform after midterm elections

MEXICO CITY -- Mexico's government will study the need for a tax reform this year and is talking to regional authorities about their fiscal requirements to see if it is warranted, Finance Minister Arturo Herrera told Reuters on Thursday. Read More

243 Views

Blog / PMN Business / PMN Technology / REU

Firefighters responding to fire at Tesla’s Fremont factory

Firefighters were responding to a fire at Tesla Inc's factory in Fremont, California, a fire department official said on Thursday. Read More

235 Views

Banking & Finance / Blog / Industry

Nitesh Ranjan assumes charge as Union Bank ED

Prior to this, he was chief general manager, responsible for steering various goals of the bank, including end-to-end digitisation, according to a statement.

242 Views

Blog / Industry

KVB, Chola jointly launch co-lending biz

Co-lending business will significantly help Chola and KVB expand their reach to new customer segments across the country.

267 Views

Blog / Money

Gujarat govt eases ownership condition of residential units within GIFT City

This is for the second time the government has relaxed ownership conditions. Earlier it had relaxed the ownership condition by which any entity could develop and own residential property in GIFT City.

268 Views

Blog / Industry

Wholesales: PVs see growth of 18% in February, two-wheelers 10%

Analysts tracking the sector said the February wholesale auto data was in line with expectations. Nomura said industry wholesale growth for February was largely in line with its estimates across all segments.