Business

News

No question of going back on demonetisation: Jaitley

Jaitley said the government had said that the decommissioned notes would be replaced with Rs 500 and Rs 2,000 notes, several ATMs are now dispensing the new notes. The Minister urged the political parties and states to support the move as it will boo...

United aims at budget travelers with 'Basic Economy' fares

The airline is conducting a long-term review of its fleet plan, executives said. Passengers in Basic Economy will be able to bring a small personal item on-board and store it under the seat. "Importantly", he said, "even at the 57 per month rate, we ...

Teva Pharmaceutical Industries Ltd.

The average numbers of shares are traded in a security per day, during the recent 3-month period. Teva , the world's biggest generic drugmaker, was forecast to earn $1.28 excluding one-off items on revenue of $5.7 billion, according to Thomson Reu...

Dry ATMs testing patience of commoners

At the same time, bank branches were closed for the day today on the occasion of Guru Nanak Jayanti aka Guru Poornima, which directed commoners to nearest ATMs. The steps would ensure that members of the public don't have to visit the bank a few time...

Singles Day fatigue? Researchers note declining interest

Named for the repeated digit 1 in the date November 11, China's Singles' Day this year shifted more goods than Black Friday and Cyber Monday in the United States combined, easily exceeding the $11.1 billion (10.2 billion euros) U.S. Fung Global exp...

Miguel Layun scores for Mexico vs Team USA

It has hosted four consecutive USA v Mexico World Cup qualifiers, with the United States winning each 2-0. In the second rotation of World Cup qualifiers on Tuesday, Honduras hosts Trinidad and Tobago , Costa Rica welcomes the United State...

Chinese ship opens new trade route via Pakistani port

Parts of a multi-billion-dollar trade route between Pakistan and China have opened, with the first commerce Chinese commerce caravan. Starting its journey from Kashgar, the trade cargo reached Gwadar safely from Gilgit-Baltistan after travelling thro...

Mexican peso tumbles to all-time low

Meanwhile, the euro rallied to its highest level in two-months, climbing 1.8 per cent to $1.1225. That has helped the dollar recover its poise following earlier losses when Trump's victory became increasingly likely. The dollar reversed an early di...

Oil rebounds after shock Trump victory for USA presidency

OPEC said its 14 members produced a total of 33.64 million barrels a day , increasing its September production by 236,000 barrels. In my opinion, this is a bearish forecast because the IEA clearly states that if there is no firm agreement in A...

Alibaba processed US$5 billion in the first hour of Singles' Day

The unofficial holiday began at Nanjing University during the 1990s but it has spread across China. As Single's Day, the world's largest online shopping festival, approaches, Chinese e-commerce giant Alibaba Group Holding Ltd. That doesn't include ...

No charges against Clinton after new email review — Federal Bureau of Investigation chief

After all, poll tightening is normal at the end of presidential races. The decision comes just a week after a scandal erupted when Comey announced the FBI was investigating thousands of emails found on a computer belonging to top Clinton aide Huma ...

Fed leaves key rate unchanged but hints at upcoming hike

The Fed's interest rate-setting committee released its statement on Wednesday, saying that rates will be unchanged for this month. Now: The Fed now simply needs just "some" additional evidence that the economy is improving: The Fed "judges that t...

Markets Right Now: Indexes Inch Higher in Early US Trading

The Dow Jones industrial average lost 15 points, or 0.1%, 17,916 as of 6:45 a.m. PDT. After the key jobs report showed a slight decline in the unemployment rate and an increase in wages, stocks spent much of the day in the green before the sentimen...

USA ready to hack Kremlin if Russian Federation interferes with presidential election

They have also made it clear to Russian Federation that efforts to manipulate either the voting or vote counting process would be treated with the utmost seriousness. The senior USA intelligence official said that, if Russia initiated a significant c...

Chrysler a no-show for FCA in October

The hot-selling Jeep brand cooled a bit in October, as sales fell 6.6 percent. But General Motors' sales fell 2 percent, Toyota's sales were down 9 percent and Fiat Chrysler's sales dropped 10 percent. 2 US automaker said in a statement. Cy...

Bible Bashing: Trump and Clinton Clash at Catholic White Tie Dinner

During an appearance on The Talk on Thursday, Chelsea Clinton was asked if she had a response to Donald Trump calling her mother a "nasty woman" during the third presidential debate - and she immediately gave an answer Hillary Clinton would be ...

Dollar near 3-month high vs yen, boosted by United States bond yields

Sterling eased 0.3 per cent to $1.2210, but remained above an 18-day low of $1.2082 plumbed on Tuesday. "The stronger (gross domestic data) print in the United Kingdom has given further weight to speculation that the BoE will not provide further st...

Police oust oil pipeline protesters from private land

And even though the new camp was cleared, Running Crane isn't anxious. The chairman of the tribe, Dave Archambault II, called on the Department of Justice to investigate what he called the "overall militarization of law enforcement response" in a let...

Samsung Note 7 recall in USA expands to replacement phones

NZ Post spokeswoman Clare Pasley said it had arrangements in place with retailers to package and label Note 7s so they could be safely picked up by its couriers. Samsung had already cut its third-quarter profit forecast by £1.9 billion earlier this ...

China set to hit steel, coal capacity-cut targets early

But unlike coking coal which is expected to remain supported by a severe supply shortage in China even as the government moves to tackle overcapacity, the supply of iron ore may remain high. China is the world's largest consumer of coal. CHINA wi...

TW survey: Trump's candidacy pushing agents, clients to shun his hotels

Republican presidential nominee Donald Trump arrives for a rally at the Norris-Penrose Event Center in Colorado Springs, Colorado on October 18, 2016. "At Trump Hotels , we are exceeding all targets across a variety of metrics, including group boo...

Texans Head to Polls on Monday as Early Voting Begins

Almost 48,000 voters in Orange County and more than 20,000 in Seminole had cast ballots by mail through Friday afternoon. Early voting kicked off this morning in MA with cities and towns reporting a strong turnout, no glitches, and swarms of v...

Government Unveils UDAN, Fares Capped At Rs 2500 For 1-Hour Flights

The airline operator flying under the scheme will have to provide half the seats of the flight-minimum of nine and maximum of 40-in fixed-wing aircraft at a price lower than the specified cap for that sector. "I think by January, we should be able to...

State unemployment rate rises to 4

The state's labor force participation rate was 65.4 percent, which also topped the national average of 62.9 percent. The unemployment rate is derived from a federal survey of 5,500 households in the state. Leisure and hospitality posted gains, adding...

North Carolina Democrats sue to extend voter registration deadline

SC extended its registration deadline due to Matthew from October 7 to October 11. The state's Republican Party responded to the Democrats' lawsuit. North Carolina residents can still register and cast ballots during the early-voting period that be...

Tesla equipping cars to drive completely on their own

Tesla on Wednesday announced its entire vehicle lineup will be built with the necessary hardware for full self-driving, including the Model 3, Model S , and Model X. Here is where the snag comes in. The AutoPilot feature supports adaptive cruis...

Obama tells Trump to 'stop whining'

The president also accused Trump of showering praise and modeling his policies on Russian President Vladimir Putin to a degree that is “unprecedented in American politics.”. The businessman-turned-politician has claimed the 8 November election will...

Stock's Earning Overview: Abbott Laboratories (NYSE:ABT)

The difference between actual earnings and estimated earnings was $0.02 per share. Other equities analysts also recently issued research reports about the company. The stock was sold at an average price of $41.71, for a total transaction of...

UN Security Council strongly condemns N.Korea failed missile launch

A defence ministry spokesman confirmed the missile exploded soon after lift-off, in the very initial stage of the launch. North Korea has increased its opposition to military exercises and has launched more than 20 missiles and two nuclear tests ...

Jungle camp teenagers arrive in United Kingdom from Calais

A candlelit vigil is to be held in Edinburgh in solidarity with and children from the Calais " Jungle " camp. "The churches have been right at the heart of this in saying that this is something we need to do, as Christian people welcoming the stran...

Wall Street set to open lower as weak China data weighs

FALLOUT: Miners and other companies that make basic materials fell the most in early trading. Asian stocks fell, led by Hong Kong equities, after China's exports unexpectedly declined. Wells Fargo lost 57 cents, or 1.3 percent, to $44.75 after it sai...

Thailand's King Bhumibol Adulyadej dies at 88

Thailand's King Bhumibol Adulyadej, who was the world's longest-reigning monarch, died in hospital on Thursday, the palace said in an announcement. Born in 1927 in Cambridge, Massachusetts, where his father, Prince Mahidol, was studying medicine, K...

Donald Trump Says He's 'Embarrassed' by Vulgar 2005 Tape During Debate

Women across the world are sharing their stories of sexual assault after Canadian author and social media blogger Kelly Oxford started a trend Friday evening. Well, it's more at Hillary's husband, Bill. Trump has a long history of making lewd a...

ArcelorMittal Gets Boost After EC Slaps Tariffs on Chinese Steel Imports

European Union steel producers have been pushing for this saying there is a flood of products being sold in Europe for less than they cost to make, due to Chinese overcapacity - something which is known as dumping. Twelve more investigations are ongo...

IMF leader cites 'historic milestone' for China

But at the very least, Beijing can say it has won a hard-fought battle to have its currency recognized by the International Monetary Fund, which rejected its application to SDR in 2010. Yet the yuan's SDR entry is not where it ends. She added t...

Search

Breaking News

OPEC members complaining, says Nigeria is overproducing

Whether to exempt Iran from making any cuts was one sticking point in the meeting, said a delegate. Iraqi minister Thamir Abbas Al Ghadhban said deliberations would continue on...

China vows quick action on U.S. trade promises: 'The sooner the better'

The yield on the 5-year Treasury note has fallen below the yield on the 2-year note, a move that suggests investors are fearful about the economy's longer-term health. Yet many eco...

Trump says China to "reduce and remove" tariffs on US-made cars

President Donald Trump left his top advisers scrambling on Monday to explain a trade deal he claimed he'd struck with China to reduce tariffs on USA cars exported to the cou...

Diplomats struggle for agreement on G-20 summit statement

Ms Merkel also said she hopes a meeting between the U.S. and Chinese leaders will help resolve trade tensions between the two countries. Last week the US President said "it coul...

US stocks decline as trade angst weighs; TSX slightly up

On their face, the comments were a reversal from early last month, when Powell said the key interest rate was probably still a " long way " from a so-called neutral level and that ...

Trump Wants GM To Reimburse America For The Bailout?

GM is set to idle five factories in the U.S. and Canada and eliminate about 14,000 jobs, more than ten percent of its North American workforce. "This callous decision by GM to r...

Historical photos of King Abdul Aziz Al-Saud's visit to Egypt

The Egyptian presidency said the prince is due to arrive in Cairo later Monday for talks with President Abdel Fattah al-Sisi. In Tunis , he is expected to hold talks with the ...

Why Cold Snaps Don't Disprove Climate Change

The climate assessment is required by law every few years. One benefit the report may have, even despite a lack of media coverage, may be to weaken the administration's legal...

Bitcoin Dips Below $5,000 For The First Time In 13 Months

The free fall in crypto prices is pretty steep at the moment. BTC/USD is down more than USD 1,000 and it is now (UTC 08:30 AM) trading below the USD 4,500 level. Past year the ...

Amazon Has Made its Decision...Ocasio Cortez Is Not Happy

Amazon has amassed an unduplicated database of available sites and cities' strengths and weaknesses from the volumes of HQ2 proposals submitted. The company said the new fac...

Special Reports

MI becomes first Midwest state to legalize recreational marijuana

MI becomes first Midwest state to legalize recreational marijuana

Many opposed to the measure argued that the proposal was too unstructured as it would have allowed for people to grow and possess as much cannabis as they want. "This is yet anothe...

What you need to know about the Pa. midterm elections

What you need to know about the Pa. midterm elections

Laying into the tangled legal scandals enveloping the Trump administration - especially the possible collusion between his presidential campaign and Russian operatives - Obama sc...

Apple Will No Longer Report Hardware Sales Figures

Apple Will No Longer Report Hardware Sales Figures

Apple's faithful customers aren't snapping up iPhones quite as enthusiastically as anticipated heading into the crucial holiday shopping season. Sure enough, in the three month p...

Crude oil is doing something it hasn't done in years

Crude oil is doing something it hasn't done in years

The reign as world's biggest oil producer may be short-lived: Russian Federation in September produced 11.37 million barrels a day and they may be above 11.4 million in October....

IBM buying North Carolina-based Red Hat in $34B deal

IBM buying North Carolina-based Red Hat in $34B deal

Both Red Hat and IBM said the combined company will accelerate "hybrid multi-cloud adoption". "IBM's commitment to keeping the things that have made Red Hat successful - always t...