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Why major currencies including the INR have slumped against dollar

 The real causes underlying the dollar's appreciation are two speculative strategies: momentum trading against the euro and the yen, and reversal of carry trades, notes AV Rajwade. As indications......

Landmark deal: Chinese insurer buys Waldorf Astoria for $1.95 bn

 Hilton Worldwide Holdings Inc said it would sell its flagship Waldorf Astoria New York hotel to a Chinese insurance company for $1.95 billion, one of the highest prices per room ever paid for a US......

Rescuing the financial derivatives market from gamblers

 No regulation of the derivatives market could work without a strong mandatory clearing mechanism that provides raw data on exposure and use to regulators in policing the markets for misuse and......

Popular England coach Sven-Goran Eriksson dies at 76

 IMAGE: Sven-Goran Eriksson coached a golden generation of players, including David Beckham, Paul Scholes, Frank Lampard, Wayne Rooney and Steven Gerrard. Photograph: Jason Cairnduff/Action Images......

On this day: David Beckham was born

 IMAGE: Midfielder Beckham, widely regarded as one of the sweetest strikers of a football in English soccer history, was destined for more than the sports pages. Photograph: Mark Thompson/Getty......

Extras: 'Man United not ready to win title'

 IMAGE: Former Arsenal manager Arsene Wenger. Photograph: Clive Rose/Getty Images Manchester United's current squad lacks the maturity required to mount a serious challenge for the Premier League......

Extras: Enrique quits as Spain coach for personal reasons

 News of all that's transpired on and off the football field IMAGE: Spain coach Luis Enrique gestures during the UEFA Nations League match against England at the Estadio Benito Villamarin, in......

Scholes charged by FA for alleged betting breaches

 IMAGE: Paul Scholes placed 140 bets on football matches between August 2015 and January 2019. Photograph: Dave Thompson/Getty Images Former Manchester United midfielder Paul Scholes has been......

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