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BlackRock CEO Fink trains successors, with no imminent plan to retire: Report

Fink said he hoped to build camaraderie among the five, and not competition, so they will keep working together.

Larry Fink, Chairman and CEO of BlackRock.(REUTERS)
Published on May 13, 2023 11:52 PM IST
Reuters |

Nannies on call, spas; India witnessing 'mad rush' for luxury housing

Property developers say spacey high-price apartments that come with add-ons like concierge services, spas, multi-level parking, large green open spaces and a heated pool have become the rage.

Many people want to upgrade their homes after the Covid-19 pandemic confined them indoors, industry executives say.(Getty Images/iStockphoto)
Published on Mar 07, 2023 07:28 AM IST
Reuters |

Rupee eyes more gains, bond yield seen in narrow range

The rupee broke out of its narrow trading range last week to finish nearly 1% higher at 81.9650 per dollar as foreign investors returned to Indian equities. It was the local currency's best week since the week ended Jan. 13.

Indian financial markets will be shut on Tuesday on account of a public holiday.
Published on Mar 06, 2023 07:20 AM IST
Reuters |

Adani group says no refinancing issues in bid to calm jittery investors

Led by billionaire Gautam Adani, the group's seven listed companies bearing his name have together lost about $120 billion in market value since a Jan. 24 report by Hindenburg Research alleged improper use of offshore tax havens and stock manipulation, and flagged concerns over high debt.

The logo of the Adani Group is seen on the facade of its Corporate House on the outskirts of Ahmedabad.(REUTERS)
Updated on Feb 15, 2023 08:30 AM IST
Reuters |

Coffee trumps economic crisis as Tim Hortons opens in Pakistan

Inflation in January spiked to 27% year-on-year, the highest in more than a decade, and the government only has enough foreign reserves to pay for just over three weeks of imports.

Tim Hortons is owned by Restaurant Brands International Inc (RBI) , a Toronto-based company that also owns other fast food brands including Burger King and Popeyes.(REUTERS)
Published on Feb 14, 2023 03:45 PM IST
Reuters |
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