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Money News Headlines

Lumbering state companies become hot stock market bet

MUMBAI India's state-owned companies, from builders such as NBCC to oil firms such as Bharat Petroleum Corp Ltd, are attracting top investors as cheap valuations, improving earnings, and share buybacks make them stand out in an otherwise expensive market.

India to receive normal rains, not surplus, as La Nina chances fade

MUMBAI/NEW DELHI India will receive normal rainfall over the 2016 monsoon season, not surplus as previously expected, with the chances of a La Nina weather pattern emerging over the period seen as unlikely, three senior officials at state-run weather department said.

Brexit a boon for Berlin's fintech talent pool

BERLIN Britain's vote to leave the European Union has spurred a surge in the number of financial service industry workers now based in the UK applying to work in Berlin's burgeoning fintech scene, several of the city's start-ups told Reuters.

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