The author is a Reuters Breakingviews columnist. The opinions expressed are her own.
from Expert Zone:
(Any opinions expressed here are those of the author and not of Thomson Reuters)
Markets led by large-caps conquered Nifty 8,800 levels after a gap of 18 months. Measures announced by the government to revive the construction sector boosted sentiment, while disappointing GDP numbers were shrugged off by investors as a revival in growth is seen on the back of a good monsoon and an expected boost in consumption due to a hike in the pay of current and former government employees.
The author is a Reuters Breakingviews. The opinions expressed are his own.
Yum Brands has added some spice at a price. The KFC and Pizza Hut owner is selling a slug of its China business to Alibaba’s mobile-payments affiliate and a private-equity firm run by former Goldman Sachs China Chairman Fred Hu. They bring valuable tech nous and connections. It’s a better deal than usual for so-called cornerstone investors, but may pay off for Yum’s upcoming spinoff.
from Reuters Select:
Reuters photo of the day
Two unattractive options for getting rid of Zika mosquitoes
The United States faces a dilemma in trying to kill mosquitoes that carry the Zika virus: one kind of pesticide is safe, but increasingly ineffective. The other is effective, but it is toxic for wildlife, including bees. Companies that could make a better pesticide don't want to because there's no profit in it.
from Reuters News Now:
Republican presidential candidate Donald Trump isn’t helping his pitch to Latino voters with his latest immigration speech in Arizona. Many of his Hispanic surrogates are distancing themselves from his campaign.
from Alison Frankel:
The 2nd U.S. Circuit Court of Appeals more or less said Wednesday that the federal law granting terrorism victims the right to bring private litigation against alleged attack sponsors cannot be applied against the Palestinian Authority and the Palestine Liberation Organization.