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Indian stocks likely to rise this year, depending on economic recovery: Reuters poll
By Indradip Ghosh BENGALURU (Reuters) – Indian stocks are likely to rise this year but only by a bit more than half as much as in 2019, according to market strategists polled by Reuters poll, who said much will depend on whether the domestic economy recovers from its current slowdown. Median forecasts in the Feb. […]
Walmart in talks with possible buyers for Asda stake
By James Davey LONDON (Reuters) – Walmart <WMT.N>, the world’s largest retailer, is in talks with possible buyers of a stake in its British supermarket Asda, which it failed to combine with Sainsbury’s <SBRY.L> last year. Asda and Walmart said in a joint statement on Wednesday that discussions with “a small number” of suitors followed […]
Fiat reaches settlement with Italy tax agency over Chrysler value claim
MILAN (Reuters) – Fiat Chrysler has reached a settlement with Italian tax authorities over the valuing of its U.S. Chrysler business involving no cash payment or penalty, the group’s chief financial officer said. In December the carmaker challenged a claim by the Italian tax agency saying it had underestimated the value of its U.S. business […]