Edition:
India

Cyclical Consumer Goods

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UPDATE 3-WPP sees signs of post-Brexit recovery in British ad market

* Shares rise as much as 6.3 percent (Adds quotes, writes through)

3:06pm IST

UPDATE 1-Paddy Power Betfair expects faster cost savings from merger

* Combined group EBITDA up 31 pct to 181 mln pounds (Adds details on strategy, CEO interview)

2:43pm IST

Apologetic Lloyds CEO plans to stay amid private life scrutiny

LONDON, Aug 24 Lloyds Banking Group Chief Executive Antonio Horta-Osorio apologised to staff on Wednesday for damaging the bank's reputation but said he intended to continue running the British lender following press scrutiny of his private life.

2:34pm IST

UPDATE 2-As Wesfarmers profit dives, price cuts at Coles unit fuel Australia deflation pressure

* Price war with Woolworths showing up in inflation data (Recasts, adds executive and analyst comment)

2:10pm IST

UK carpet seller Headlam ups prices after post-Brexit sterling weakness

LONDON, Aug 24 British carpet distributor Headlam has raised its prices after a weaker pound in the wake of the Brexit vote pushed up the cost of imports from continental Europe, showing the potential inflationary impact of sterling's decline.

1:45pm IST
BSE OIL & GAS +1.41%
BSE BANKEX +0.02%
BSE METALS -0.15%
BSE REALTY +0.19%
BSE AUTO +0.21%
BSE POWER +0.65%
BSE-CG +0.08%

Markets

  • Sectors
  • Asia
  • U.S.
  • Europe

Sector Summary

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Sensex edges up; caution prevails ahead of Yellen speech

Indian shares crept up on Wednesday, led by drug maker Aurobindo Pharma Ltd after stellar quarterly results, but sentiment remained edgy as investors awaited further clues on whether the Federal Reserve will raise U.S. interest rates this year.