JACKSON HOLE, Wyo.—The Reserve Bank of India is in an accommodative phase of monetary policy, meaning it is looking to reduce interest rates, RBI Gov.
Oshkosh Corp. has just beaten out Lockheed Martin and AM General to built the Joint Light Tactical Vehicle - and they're not happy.
Billionaire investor Warren Buffett's company has amassed a stake worth nearly $4.5 billion in Phillips 66 PSX 2.95 % more than a year after trading a chunk of its holding in the oil refiner for a chemical business investment.
Twitter is setting modest goals to diversify its workforce while it fights a proposed class-action lawsuit that says the online messaging service discriminates against its female employees.
(Adds CFO comments, updates shares). By John Tilak. TORONTO Aug 28 (Reuters) - Bank of Nova Scotia, which reported a quarterly profit that beat market expectations on Friday, said bad loans in the energy sector climbed as the oil price selloff took a toll.