Sensex falls for 9th day, Nifty logs longest losing streak since 2011

Sensex falls for 9th day, Nifty logs longest losing streak since 2011

NEW DELHI: Domestic flagship indices Sensex and Nifty plunged 1 per cent each on Monday, extending their fall to the ninth straight session. Weakness in global markets amid mixed earnings numbers for March quarter and election uncertainty spooked …
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Not as much coal-fired power this summer but more natural gas

The nation’s power generators will use less coal this summer and more natural gas, reflecting the recent closure of coal-fired plants around the country. The Department of Energy forecasts that coal will provide 25 percent of U.S. electricity generation this …
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India Just Posted the Worst Car Sales Data in Eight Years

Sales of cars and SUVs in India slumped the most since October 2011, adding to a slew of bad news that points to a slowdown in the world’s fastest-growing major economy. Passenger vehicle sales in April fell 17.1% to 247,541 units from a year earlier, data …
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Opioid Maker Insys Sinks After Saying It May Be Forced to File Bankruptcy

Insys Therapeutics (INSY – Get Report) shares were down nearly 45% Monday after the company said that it is considering filing for bankruptcy protection due to the financial burden from litigation tied to its role in perpetuating the opioid crisis in the United …
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Iran's “Resistance Economy” is Kicking In

As sanctions begin to squeeze its economy, the Islamic Republic is resorting to trade by other means. By. Esfandyar Batmanghelidj. May 12, 2019
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