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Gold buying up in India as Hindu festival starts
Apr 24th, 2012
Indian gold retailers Tuesday reported brisk trade as an auspicious two-day Hindu festival got under way, after weeks of subdued business due to a jewellers' strike and weak global sentiment. (Source: AFP) -
By Estelle Shirbon LONDON (Reuters) - Britain's tax authority was heavily criticised by a judge on Thursday, who nonetheless ruled its deal with Goldman Sachs worth up to 20 million pounds ($30 million) to the U.S. bank was lawful. High Court Judge Andrew Nicol dismissed a claim by campaign group UK Uncut Legal Action that the tax settlement w... [Full Article]
By Chris Reese NEW YORK (Reuters) - Wall Street is looking for the Federal Reserve to buy a total of $1.25 trillion of assets under its latest debt purchase program intended to stimulate the economy, according to a Reuters poll conducted on Friday. The median of forecasts from economists at 15 U.S. primary dealers - the large financial institutions... [Full Article]
NEW DELHI (AP) - Just weeks after a tense border standoff, China's new premier visited India on Sunday on his first foreign trip as the neighboring giants look to speed up efforts to settle a decades-old boundary dispute and boost economic ties. (Source: Associated Press)... [Full Article]
Reuters Market Eye - Shares in Hindustan Unilever Ltd (HUL), India's largest consumer goods maker, fell 1.6 percent ahead of the company's quarterly earnings later in the day. Dealers say expectations are that the company's volumes would dip for the fourth straight quarter. Analysts expect HUL's Jan-March volume growth to range ... [Full Article]
By Alexandria Sage CANNES (Reuters) - A film about baby-switching by Japan's Kore-eda Hirokazu that ponders nature versus nurture premiered at the Cannes film festival on Saturday, joining an Iranian challenger as contenders for the top prize. "Soshite Chichi Ni Naru" ("Like Father, Like Son") is one of two Japanese films o... [Full Article]
PYONGYANG, North Korea (AP) - An American citizen sentenced to 15 years of hard labor for what Pyongyang has described as hostile acts against the state has started life a "special prison," state media said Wednesday. (Source: Associated Press)... [Full Article]