Samsung Finalizes Construction Contracts for 2 Drillships | Samsung Heavy Industries reported that the company has been awarded a contract to build two drillships valued at US $1.399 billion (KRW 2.093 trillion). Only named by Samsung as a "ship owner in Europe," the client is believed t...
Industry hurt by fuel, milk cost rises | Rising prices for fuel and milk were major factors in pushing up industries' input and output prices in the September quarter, with some relief from lower electricity prices. | Producers' output prices rose 2.8 per cent, following a 3.5 p...
US home construction sinks to new record low | WASHINGTON - Construction of new homes plunged last month to the lowest level on records going back nearly 50 years as U.S. builders slashed production while Wall Street nosedived. | Embattled homebuilders, who enjoyed a five-year boom, a...
Short build up in index heavyweights, 2600 crucial for Nifty | Text: MUMBAI – In highly volatile trade Wednesday, Indian stocks ended lower for the sixth consecutive day tracking weak cues from the global markets. National Stock Exchange's 50-sh...
Demand slump drives oil, metals down
