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Asia shares at five-month highs as rate bets pile up

Asia shares at five-month highs as rate bets pile up

Thu, Dec 28, 2023

MSCI's broadest index of Asia-Pacific shares outside Japan has also gained 10 per cent in two months and added another 0.3 per cent on Thursday to its highest since August.

Toyota recalling 1.12 million vehicles over potential air bag issue

Toyota recalling 1.12 million vehicles over potential air bag issue

Thu, Dec 21, 2023

Toyota in July 2022 issued a recall for 3,500 RAV4 vehicles in the United states that because of potential interference between internal parts that could cause the OCS sensor to incorrectly detect the occupant.

Giant batteries drain economics of gas power plants

Giant batteries drain economics of gas power plants

Tue, Nov 21, 2023

Banks are focused on financing plants that have guaranteed revenues, three bankers involved in energy project finance said, asking not to be named because they were not authorised to speak to the press.

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US shutdown: President Trump weighs emergency declaration to bypass Congress to get funding for Mexico wall

US shutdown: President Trump weighs emergency declaration to bypass Congress to get funding for Mexico wall

Fri, Jan 11, 2019

Democrats in Congress call the wall an ineffective, outdated answer to a complex problem. The standoff has left a quarter of the federal government closed down and hundreds of thousands of federal employees staying home on furlough or working without pay set to miss their paychecks.

Chinese trade officials may visit US soon

Chinese trade officials may visit US soon

Fri, Jan 11, 2019

US officials expect China's top trade negotiator may visit Washington this month, signaling that higher-level discussions are likely to follow this week's talks with mid-level officials in Beijing as the world`s two largest economies try to hammer out a deal to end a tit-for-tat tariff war.

China upbeat ahead of US trade talks, but differences large

China upbeat ahead of US trade talks, but differences large

Mon, Jan 07, 2019

China has sounded a positive note ahead of trade talks this week with Washington, but the two sides face potentially lengthy wrangling over technology and the future of their economic relationship.

US Fed chief Jerome Powell says "Won't resign, will be patient" on rates

US Fed chief Jerome Powell says "Won't resign, will be patient" on rates

Fri, Jan 04, 2019

Trump has been a frequent and vocal critic of Powell and the Fed, blaming them for raising rates which he says pose a threat to his economic agenda -- an unprecedented public berating that breaks with recent norms. Asked at an economic conference in Atlanta if he would step down should Trump request his resignation, Powell said, "No."

Aviation: Mid-air flight horror for 6 flyers! Don't do this, play safe mid-air; here is how

Aviation: Mid-air flight horror for 6 flyers! Don't do this, play safe mid-air; here is how

Wed, Jan 02, 2019

6 passengers were deplaned from Frontier Airlines flight in the US after the health authority officials received the information

US House Democrats ready bills to reopen gov't with $1.3 billion for border security

US House Democrats ready bills to reopen gov't with $1.3 billion for border security

Mon, Dec 31, 2018

Democrats, set this week to take control of the House from Trump`s fellow Republicans, also will also offer legislation to provide year-long funding for other agencies and departments that have been closed by a partial government shutdown that began on Dec. 22, the aide said.

Indian-American Rajesh Subramaniam becomes new president of FedEx Express

Indian-American Rajesh Subramaniam becomes new president of FedEx Express

Thu, Dec 27, 2018

Subramaniam, an IIT-Bombay graduate from Thiruvananthapuram, has been with FedEx for more than 27 years. He has held various executive-level positions in the company.

US game software firm Zynga buys Empires & Puzzles gamemaker in largest deal to date

US game software firm Zynga buys Empires & Puzzles gamemaker in largest deal to date

Fri, Dec 21, 2018

Zynga - best-known for popular Facebook game FarmVille - also raised its fourth-quarter revenue forecast on Thursday. Its shares rose 1.67 percent in after-market trading, to $3.65. Zynga sees potential in bringing smartphone role-playing game Empires & Puzzles to countries in Asia where games of the type are popular, with Gibeau citing Japan, South Korea and China as potential markets.

H-1B Visa should attract best talent: Homeland Secretary Nielsen

H-1B Visa should attract best talent: Homeland Secretary Nielsen

Fri, Dec 21, 2018

The H-1B visa is a non-immigrant visa that allows US companies to employ foreign workers in speciality occupations that require theoretical or technical expertise.

President Donald Trump defends personal charity accused of illegal activities

President Donald Trump defends personal charity accused of illegal activities

Wed, Dec 19, 2018

The New York state attorney general painted a far different view of the Trump Foundation on Tuesday, saying it had been "little more than a checkbook to serve Trump's business and political interests."

Gold hits five-month peak as dollar slips after US jobs data

Gold hits five-month peak as dollar slips after US jobs data

Fri, Dec 07, 2018

Gold, which is considered a safe investment during times of financial, economic and geopolitical uncertainty, has recovered about 7 percent from 19-month lows hit in mid-August.

US appeals court to hear arguments to stop AT&T purchase of Time-Warner

US appeals court to hear arguments to stop AT&T purchase of Time-Warner

Thu, Dec 06, 2018

The U.S. Justice Department goes before an appeals court on Thursday to urge a three-judge panel to overturn a lower court ruling and order wireless carrier AT&T Inc to undo its $85.4 billion purchase of entertainment company Time Warner, one of the largest media mergers ever.

China hails Trump-Xi summit, says ''very confident'' in trade deal

China hails Trump-Xi summit, says ''very confident'' in trade deal

Thu, Dec 06, 2018

China on Thursday expressed confidence in striking a trade deal with the United States within their 90-day ceasefire period, praising the recent meeting between U.S. President Donald Trump and Chinese President Xi Jinping as highly successful.

New investing trend grabs imaginations in India! Investors bet big money on it

New investing trend grabs imaginations in India! Investors bet big money on it

Tue, Dec 04, 2018

Non-financial data is turning key for investors, shows a recent trend and investors are actually putting it to use by betting their money on it. Besides this, finance teams need to manage this information with same rigour and assurance as financial information, said an EY survey.

Microsoft surpasses Apple to become most valuable US company

Microsoft surpasses Apple to become most valuable US company

Sat, Nov 24, 2018

Microsoft has become the most valuable US company with $753.3 billion in market capitalisation, riding past Apple for the first time since 2010 when it came close to the Cupertino-based tech giant.

Online festive sale in India flares up on 'Black Friday'

Online festive sale in India flares up on 'Black Friday'

Sat, Nov 24, 2018

The American shopping festival of Black Friday suddenly gained a buzz in India, thanks to e-commerce portals offering sales on the occasion, and market participants feel the demand for products online has been positive so far in the day.

'One mn cloud computing jobs to be created by 2022 in India'

'One mn cloud computing jobs to be created by 2022 in India'

Fri, Nov 23, 2018

With cloud computing becoming more prevalent in companies, both large and small, the global requirement for professionals is steadily on the rise and over over a million jobs in the sector will be created in the country by 2022, according to a report.

Oil hits 2018 lows on emerging supply glut, OPEC expected to cut

Oil hits 2018 lows on emerging supply glut, OPEC expected to cut

Fri, Nov 23, 2018

Oil prices slumped to 2018 lows on Friday in choppy trading, pulled down an emerging crude supply overhang amid a bleak economic outlook.

Americans more negative on Twitter than Canadians: Study

Americans more negative on Twitter than Canadians: Study

Thu, Nov 22, 2018

With their choice of words on Twitter, Americans appear to be living up to their national stereotype as negative and assertive, while Canadians tend to be nice and polite on the microblogging platform, suggests an analysis of nearly 40 million tweets.

Nearly half of German firms expect growing trade strains between Europe and US

Nearly half of German firms expect growing trade strains between Europe and US

Mon, Nov 19, 2018

US President Donald Trump and European Commission President Jean-Claude Juncker struck an agreement in July that should shield European firms from U.S. auto tariffs while the two sides continue to work on trade issues.

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