Top 10 Business, Markets News In Under 5 Minutes: BQuick On Feb. 19
A chef holds an uncooked pizza. (Photographer: Dhiraj Singh/Bloomberg)

Top 10 Business, Markets News In Under 5 Minutes: BQuick On Feb. 19

Here’s a roundup of the day’s top stories in brief.

1. Sovereign Right To Tax

The Indian government is set to file an appeal against the $1.2-billion arbitration case won by Cairn Energy Plc., according to a person familiar with the matter.

2. Gold Slumps; Oil Drops

Spot gold prices touched a seven-month low, breaching a support level that analysts say could portend further losses.

Oil fell for a second day as production slowly restarted in Texas and the White House said it would be willing to meet with Iran.

3. Sensex's Four-Session Losing Streak

The S&P BSE Sensex fell for a fourth day, capping its worst day in three weeks. The NSE Nifty 50 Index dropped 0.9%, also down for the week.

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