Business


India struggles as millions throng banks to swap currency

City Union Bank managing director N Kamakodi told Express that a couple of his bank ATMs in the city is disbursing Rs 2,000 currencies. The maximum limit of Rs 10,000 per day on such withdrawals has been waived. Grappling with unending queues and frayed tempers in banks and to check operation of syndicates, the government made a decision to introduce a system of marking customers exchanging defunct currency notes with indelible ink from Wednesday onwards in major metro cities.



China weakens yuan to eight-year low

For president-elect Donald Trump, who has long accused China of weakening its currency to boost exports, this looks like a vindication of his views. "With little intervention on offer from the PBOC, and USA dollar sentiment looking higher, dealers are nervously testing the upper levels on onshore and offshore yuan".


Canadian Real Estate Association says home sales hit record last month

Canadian Real Estate Association says home sales hit record last month

Residential unit sales climbed by 15 per cent to 101,069 units, while the average MLS residential price was up 10.8 per cent to $696,992. The Canadian Real Estate Association released statistics on Tuesday announcing that national home sales were on the rise in October.



Barack Obama and Donald Trump Meet at the White House

President-elect, that we now are going to want to do everything we can to help you succeed - because if you succeed, then the country succeeds. Obama said he was "encouraged" by Trump's willingness to work with his team during the transition of power, and the Republican called the president a "very good man".



Past Quarters Earnings Report for AECOM (NYSE:ACM)

AECOM (NYSE:ACM) is due to report its Earnings on Today. The company most recent volume stood at 9.29 million shares as compared to average volume of 1.4 million shares. The stock tapped a 52-week high of US$37.97 while the mean 12-month price target for the shares is US$34.67. ACM has recorded a 50-day average of $28.45 and a two hundred day average of $31.35.


Education Board Will Take Other Bids For Ethnic Studies Textbooks

Education Board Will Take Other Bids For Ethnic Studies Textbooks

Cynthia Dunbar , a former Republican member of the state board and publisher of the textbook, said Tuesday the textbook exceeds state requirements to meet the Texas Essential Knowledge and Skills standards and suggested that the board could invite a lawsuit if they rejected it.