Net leasing of office space down 26% in 7 cities in April-June: JLL India

Net leasing of office space fell 26 per cent during April-June across seven major cities to 8.5 million square feet as compared to the previous quarter due to lower supply, according to real estate consultant JLL India. In January-March this year, the net absorption stood at 11.55 million square … Read more

FPI: Any rally without net FPI inflows unlikely to sustain

Technical and derivative analysts expect the Nifty to rise further in the coming week, up to 16,000 levels. The Nifty gained 2.7% last week to 15,699.25, outperforming most of the Asian peers. SUDEEP SHAH HEAD, TECHNICAL & DERIVATIVES RESEARCH, SECURITIES What should investors/traders do? Investors should look to buy the dips until 15,450 levels are … Read more

Trans Mountain pipeline to result in net loss for Ottawa: PBO

Breadcrumb Trail Links Oil & Gas FP Energy Commodities Latest analysis shows the net present value of the pipeline is negative $600 million Author of the article: The Canadian Press Amanda Stephenson Pieces of the Trans Mountain Pipeline project sit in a storage lot outside of Hope, B.C. Photo by COLE BURSTON/AFP via Getty Images … Read more

Reserve Bank of India turns net buyer of dollars in April, shows data

After selling $20 billion in March in the foreign exchange market in March, the Reserve Bank of India turned net buyer of dollars in April. According to the latest data, the RBI purchased $1.96 billion in April. The central bank has been aggressively intervening in the foreign exchange … Read more

Chubb Not Declaring Itself Net Zero, CEO Greenberg Says

New You can now listen to Insurance Journal articles! In addition to predicting greater geopolitical volatility driven by global food and energy insecurity, Chubb’s chief executive warned carriers to brace for greenwashing lawsuits on the horizon—against D&O insureds and insurers themselves—at an industry gathering yesterday. Speaking at the 38th Annual S&P Global Ratings Insurance Conference, … Read more

Travelogix, Net Zero Partner for Sustainability Solutions

Travel data solution provider Travelogix is integrating with sustainability specialist Net Zero Group to provide environmental impact analysis of reservation data, Travelogix announced. With the integration, Travelogix can pass cleansed reservation data of mutual clients from its Analytix reporting platform to Net Zero, which can analyze the carbon impact of the bookings and recommend offsetting … Read more

tata: Tata Starbucks revenue up 76% to Rs 636 cr in FY22; reduces net loss significantly

Coffee chain operator Tata Starbucks Ltd has reported a 76 per cent growth in revenue to Rs 636 crore for 2021-22 and “significantly” reduced its net loss, driven by normalisation of operations following easing of COVID-related restrictions. Its revenue growth was led by higher realisation from existing stores and new stores added during the financial … Read more

Insurers see over 21% drop in net profits in South Korea

  South Korea’s Financial Supervisory Service said that local non-life insurers’ aggregate net profit jumped 25% year on year to 1.65 trillion South Korean won ($1.33 billion), Asia Insurance Review reported citing Yonhap News Agency. Non-life insurance companies posted robust earnings because the country’s COVID-19 curbs discouraged outside social gatherings and lowered the loss rate. … Read more

China a net exporter of zinc for the first time since 2014: Andy Home

Breadcrumb Trail Links PMN Economy PMN Business Author of the article: Publishing date: May 31, 2022  •  15 minutes ago  •  4 minute read  •  Join the conversation Article content LONDON — China exported more refined zinc than it imported in April for the first time since 2014. The country’s imports collapsed over the first four … Read more