Tata Steel gains on better-than-expected EBITDA
Reuters Market Eye - Shares in Tata Steel recover from early losses to gain as much as 2.6 percent, despite reporting April-June net profit that missed estimates, as operating profit came in above expectations.
Sensex flat ahead of WPI; Coal India gains
Reuters Market Eye - The Sensex falls around 0.01 percent, while the Nifty loses around 0.04 percent. Asian shares outside Japan also range-bound, with caution prevailing ahead of euro zone GDP data and U.S. July retail sales data.
Ramdev's detention lifted, protest continues
Baba Ramdev's anti-graft campaign is loosely aligned with a message by social activist Anna Hazare, who staged a hunger strike last summer against corruption that roused public ire against the government, though his popularity has waned. Full Article
Ecuador to decide on Assange asylum this week
Ecuador is likely to announce a decision on whether to grant political asylum to WikiLeaks founder Julian Assange before the end of the week in a case with global diplomatic implications. Full Article
RIM says BB10 will soon be ready to licence
Research In Motion Ltd will soon be ready to licence its new BlackBerry 10 operating system to other manufacturers, according to a report on Monday. Full Article
Legendary Cosmo editor Helen G. Brown dead
Helen Gurley Brown, the legendary editor of Cosmopolitan magazine who helped usher in the sexual revolution, has died at the age of 90. Full Article
Latest Headlines
StanChart board needs more oomph
John Peace should give bank his full attention. The board and non-execs need beefing up to help recover from the NY regulator accusations quicker. Video
The coming glut in oil – and its impact
Forget America’s fiscal cliff, Europe’s currency troubles or the emerging markets slowdown. The most important story in the global economy today may well be some good news that isn’t yet making as many headlines – the coming surge in oil production around the world. Full Article
Click, edit, crop or drop
Being a picture editor for a wire agency at the London 2012 Olympics is like being a referee at a title-deciding football match. If everything goes well no one really notices you; but one big mistake and you are the most hated person in the stadium. If you call it wrong and miss the picture that captures the vivid moment of sporting agony or ecstasy you risk the jeers and frustrations of the whole team. Full Article
Snoring preshoolers at behaviour risk
Preschoolers who habitually snore may be at greater risk of behavioral problems than other kids their age, a study suggests. Full Article
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