Business

VP Mike Pence LASHES OUT: China 'Wants A Different American President'

Washington blames China for hacking into United States government and corporate databases although officials and independent analysts have failed to detected the kind of systematic manipulation of social media and hacking of emails that Russian Federation is alleged to have engaged in before Mr Trump's shock election victory in 2016. [Full Article...]

China says Pence's allegations of meddling created 'out of thin air'

China says Pence's allegations of meddling created 'out of thin air' Pence followed that up, saying intelligence assessments found that China is targeting US state and local governments as well as officials to exploit any divisions between federal and local levels on policy. Google declined comment, except to reiterate that its China search engine project was "exploratory" and not close to launch. The vice president cited USA intelligence agencies but offered no ... [Full Article...]

Pompeo's 4th North Korean visit fuels optimism for denuclearization

Pompeo's fourth trip to the North Korean capital on Sunday, . will be all the more important, .as the U.S. Special Representative for North Korea, . "Obviously these conversations are going in the right direction, and we feel confident enough to hop on a plane to head there", Nauert said. During a summit with South Korean President Moon Jae-in in September, Kim expressed his readiness to close... [Full Article...]

Petrol, diesel cheaper by Rs 5 in Maharashtra and Gujarat

Petrol, diesel cheaper by Rs 5 in Maharashtra and Gujarat Shares of oil marketing companies fell after finance minister Arun Jaitley said that the government has asked the companies to absorb Re 1 cut on fuel prices. "When the prices go up the Centre receives a fixed amount per litre, whereas the revenue of states go up". Since mid-August, the petrol price has risen by Rs 6.86 a litre and diesel by Rs 6.73 - the most in any six-week duration af... [Full Article...]

Rupee plunges to fresh record low of 73.77 against dollar

Rupee plunges to fresh record low of 73.77 against dollar The Indian rupee plunged as much as 0.64 per cent to a fresh record low of 73.813 against the dollar after hitting an all-time low on Wednesday. Traders remained cautious ahead of the Reserve Bank of India's policy meet scheduled later this week. [Full Article...]

Trade deal with Canada 'new dawn' for auto industry

Trade deal with Canada 'new dawn' for auto industry Talking up the new accord - and summing up his attitude to global trade - Trump declared it a "privilege" for foreign powers to do business with the United States. In August - more than a year into the negotiations - the United States and Mexico announced they had reached a two-way deal, after breaking away for bilateral talks on their outstanding issues. [Full Article...]

Loonie soars in wake of trade deal

Loonie soars in wake of trade deal China has no free-trade deal with Canada, Mexico, Japan, Europe and the US. This is not an old one, rewritten. The main goal of the agreement for the United States is to have more vehicle and truck parts made in North America. "Once approved, this will be a new dawn for the American auto industry and for the American auto worker", President Trump said. "I understand that many of them are anxious... [Full Article...]

Oil trades near 4yr peak ahead of Iran sanctions

Oil trades near 4yr peak ahead of Iran sanctions With sanctions due to resume on November 4, the sharp drop-off in supply from the Persian Gulf state has helped buoy crude oil prices . Five analysts polled by Reuters forecast that us crude and gasoline stockpiles rose last week, while distillate inventories declined. [Full Article...]

Amazon will raise company's minimum wage to $15 for all U.S. employees

Amazon will raise company's minimum wage to $15 for all U.S. employees While Amazon portrays the pay raise as a response to those critics, with U.S. unemployment now flirting with historic lows, employers across the country complain they are having difficulty finding enough qualified workers to fill open positions. [Full Article...]

Struggling GE removes CEO, warns on 2018 earnings

Struggling GE removes CEO, warns on 2018 earnings GE will also book a US$23 billion non-cash charge related to its power business. Adding insult to injury for Flannery, GE shares soared more than 13% after the news broke about his firing. Additionally, fellow board member Thomas W. Horton, 57. a onetime chairman and CEO of American Airlines, has been appointed lead director . Flannery's time as CEO has been filled with challenges and the c... [Full Article...]

Amazon will raise company's minimum wage to $15 for all USA employees

But for now, good news for Amazon workers, especially since the pay rises will come into play on 1st November - which means they should have a little extra money before Christmas. Amazon's market capitalization now stands near $1 trillion; it paid Bezos, its founder and CEO, $1.68 million a year ago. "We intend to advocate for a minimum wage increase that will have a profound impact on the liv... [Full Article...]

Fuel price hike: Petrol prices cross Rs 91 per liter in Mumbai

Fuel price hike: Petrol prices cross Rs 91 per liter in Mumbai Diesel costs Rs 79.72 in Mumbai at Indian Oil Corp outlets, while LPG prices soared at an all-time high of over Rs 500 due to a four-year high in oil prices. Oil firms revise LPG price on 1st of every month based on average benchmark rate and foreign exchange rate in the previous month. The price of non-subsidised or market priced LPG in Delhi was hiked by Rs 59.00 per cylinder to Rs 879 mainly du... [Full Article...]

Tesla shares soar after Musk gets ousted as chairman

Tesla shares soar after Musk gets ousted as chairman The settlement leaves Musk as CEO. In reaction, Guggenheim analyst Rob Cihra , Tesla's biggest bull, reiterates a Buy rating on TSLA , with a $430 price target, which represents a potential upside of 38% from where the stock is now trading. [Full Article...]

John Flannery ousted at GE after less than 2 years

John Flannery ousted at GE after less than 2 years GE's board, meeting in the last few days, unanimously picked H. Lawrence Culp Jr as its new CEO. GE also announced its cash-flow and earnings per share would be less than previously indicated, because of problems at its GE Power division. [Full Article...]

DOJ Sues CA Over New Law Protecting Discarded Net Neutrality Rules

DOJ Sues CA Over New Law Protecting Discarded Net Neutrality Rules It prevents companies such as AT&T and Comcast from blocking or slowing down websites - something the companies say they aren't interested in doing anyway - but it doesn't stop there. Disregarding the clear popular support for such protections and showing its commitment to seeing net neutrality destroyed, the Trump administration immediately sued California after Gov. [Full Article...]

Tesla shares jump after Musk settles with SEC

Tesla shares jump after Musk settles with SEC Mr Musk, Tesla's controversial co-founder and chief executive, bowed late on Saturday to demands from America's financial markets watchdog to relinquish his seat at the head of the board. Neither Musk nor Tesla admitted or denied the SEC's findings as part of the settlement . The settlement stemmed from a lawsuit the SEC filed charging Musk with misleading investors in August with a t... [Full Article...]

Facebook: 'View as' feature opened 50M accounts to hackers

Facebook: 'View as' feature opened 50M accounts to hackers It's also not yet clear who is behind the attack on Facebook, or whether the attacks were targeted, and the reason behind it. "Even my Facebook account got compromised (logged out)". Embroiled in another massive data breach, Facebook may face $1.63 billion in fine from the European Union (EU) privacy watchdog, the media reported . [Full Article...]

Elon Musk Resigns as Chairman; Order to Pay $20 Million Fine

Elon Musk Resigns as Chairman; Order to Pay $20 Million Fine The row began in August when Musk (47) tweeted that he was considering taking Tesla private at $420 a share and had secured funding. Likewise, Tesla will pay another $20 million due to its failure to check whether Musk's announcements complied with the law. [Full Article...]

Ryanair cancels flights as strike hits Europe

Ryanair cancels flights as strike hits Europe Affected customers received email and text message notifications on Tuesday to advise them of cancellations and options, Ryanair said. Ryanair has struggled with staff strike action and flight cancellations since the summer of 2017, when a staff rostering mistake meant numerous flights were unable to operate, affecting some 400,000 passengers. [Full Article...]

US, Canada Reach NAFTA Deal

US, Canada Reach NAFTA Deal Chevrolet Equinox SUVs are parked awaiting shipment by CN Rail next to the General Motors Co (GM) CAMI assembly plant in Ingersoll, Ontario, Canada October 13, 2017. "They're in the final strokes", said the person, based on information from USA administration officials. Canadian officials met late into the night Saturday, and returned to the office by 7 a.m. [Full Article...]


« Previous 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39  Next »