RBI steps up intervention in forwards, rupee weakens on heavy dollar demand

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RBI steps up intervention in forwards, rupee weakens on heavy dollar demand

The Indian rupee weakened on Tuesday due to defence-related demand for dollars, even as the Reserve Bank of India (RBI) continued to mop up the greenback coming to the markets related to Reliance Jio stake sales. Currency dealers say nationalised …
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Bayer hits Roundup settlement snag as judge 'tentatively inclined' to reject $1.25B deal

A U.S. judge, skeptical of how Bayer plans to resolve future Roundup claims, says he’s “tentatively inclined” to reject that part of the $10 billion-plus settlement. (Bayer). Share Facebook Twitter LinkedIn Email Print. Looks like Bayer’s Roundup litigation …
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Dollar Edges Up as Investors Retreat Toward Safety

The dollar crept higher as concerns about the rise in new Covid-19 infections in parts of the U.S. and across emerging markets took the edge off the broader market rally of recent days. The Wall Street Journal Dollar Index, which measures the dollar against a …
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PNC appoints two to executive committee, creates chief corporate responsibility post

PNC Financial Services Group Inc. on Tuesday announced two additions to its executive committee. Carole Brown will be head of PNC’s Asset Management Group and Richard K. Bynum will serve in the newly created role of chief corporate responsibility …
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Audi Q4 Sportback E-Tron concept debut: Watch the livestream here

Audi’s taxonomy doesn’t take much effort to decipher. The number signifies its position among its family members, while E-Tron now refers to battery-electric propulsion and Sportback means a sleeker, coupe-like roof line that offers a bit more fashion than the …
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