Global stocks, dollar rise; investors eye earnings
NEW YORK Stocks rallied on Tuesday as investors looked past U.S. President Donald Trump's protectionist rhetoric and focused on encouraging economic data and quarterly earnings reports.
NEW DELHI The civil aviation regulator is "examining" the situation at Kingfisher Airlines(KING.NS) after the ailing carrier was forced to cancel several flights on Monday due to employee unrest, an official at the regulator told Reuters.
"We are considering, examining the whole situation," Arun Mishra, the Director General of Civil Aviation, said over the telephone.
No Kingfisher flight is operating at the moment, Mishra added.
(Reporting by Anurag Kotoky ;Editing by Sunil Nair)
NEW YORK Oil prices edged higher on Tuesday ahead of weekly U.S. inventory data on evidence the global market is tightening as lower production by OPEC and other exporters drains stocks.
NEW YORK The U.S. dollar firmed against the yen and euro on Tuesday, after several days of losses in the wake of President Donald Trump's inaugural speech promising more trade protectionism, with the U.S. economic outlook still seen as better than that of Europe or Japan.