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Centene Asks Most of Its 61,000 Workers to Leave as Medicaid Cuts and ACA Losses Bite

New Delhi, June 19 -- layoffs will follow if not enough people take it. Centene Corp., the St. Louis-based company that has spent a decade becoming the financial backbone of state Medicaid programs, i... Read More


Chipmakers Lead a Global Tech Rally as the Iran War Premium Drains Out of Markets

HONG KONG, June 19 -- The war that had been priced into every semiconductor stock on the continent came off the screens before lunch in Tokyo on Monday, and the money that had spent a month in hiding ... Read More


India Raises Diesel and Jet Fuel Export Taxes Even as Crude Prices Fall

NEW DELHI, June 18 -- Crude oil is getting cheaper, and that is exactly why the Indian government decided this week to make it more expensive to ship diesel and jet fuel out of the country. In its ro... Read More


India's Capital Region Gets Its Second Air Hub as Noida International Airport Opens

New Delhi, June 18 -- JEWAR - The first commercial flight into India's newest international airport landed at Noida shortly before noon on Sunday. The aircraft was an IndiGo Airbus, the route was Luck... Read More


India Posts Record $45.2bn in May Exports, but the Import Bill Grows Faster

NEW DELHI, June 16 -- India's exporters shipped more goods abroad in May than in any month on record, and it still was not enough. A bigger bill for the crude oil and gold the country buys from the re... Read More


Nvidia Borrows $25 Billion, Joining the Customers It Sells AI Chips To

SANTA CLARA, June 16 -- Nvidia Corp. (NVDA) is the company everyone else is borrowing money to buy from. This week it decided to borrow too. The chipmaker at the center of the artificial-intelligence ... Read More


Mike Ashley's Frasers Bids A$316m for the Rest of Australia's Accent Group

SYDNEY, June 16 -- Mike Ashley already owns nearly a quarter of one of Australia's biggest footwear retailers. On Monday he offered to buy the rest, and the question on the trading floor was less whet... Read More


Bell's Parent BCE Cuts Another 690 Jobs in the Name of 'Sustainable Growth'

New Delhi, June 16 -- Canada's largest telecommunications company has found another 690 jobs it can do without. BCE, the parent of Bell, told staff on Monday it would cut roughly one per cent of its w... Read More


Six Wall Street Firms Raise Micron Targets on the Same Day. That's the Risk, Not the Rally.

New Delhi, June 15 -- six Wall Street firms raising price targets on Micron Technology Inc. in a compressed window, some of them within hours of each other. The memory giant's shares were up more than... Read More


Fox Buys Roku for $22 Billion But the Deal's Biggest Problem Is Its Own Promise

New Delhi, June 15 -- NEW YORK - Fox Corporation shares fell 15 percent on Monday within hours of the company announcing what Lachlan Murdoch called a defining moment in the company's history. Investo... Read More