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Breaking News - Latest of The Day: Business

07/15/2019

Symantec ends talks to sell to Broadcom over price: sources Cybersecurity company Symantec Corp has walked away from negotiations to sell itself to chipmaker Broadcom Inc over price disagreements, people fami...
20:16, 07/15/2019

U.S., Chinese officials to discuss trade in phone call this week: Mnuchin U.S. Treasury Secretary Steven Mnuchin on Monday told reporters he expects to have another telephone call with Chinese officials this week as part of ...
20:16, 07/15/2019

Oil prices down on dwindling storm impact, Chinese economic data Oil prices sank about 1% on Monday on signs that the impact of a tropical storm on U.S. Gulf Coast production and refining would be short-lived, while...
20:16, 07/15/2019

China data steadies stocks as U.S. earnings get underway A gauge of global stocks rose modestly on Monday after economic data from China came in as expected, but equities on Wall Street slipped on weakness i...
20:16, 07/15/2019

S&P ends near flat as Citigroup results sink banks; Nasdaq hits new high The benchmark S&P 500 index ended little changed on Monday after oscillating between positive and negative territory throughout the session after Citi...
20:16, 07/15/2019

Pearson goes 'digital first' in U.S. college market Pearson, the world's biggest education company, will release all its titles for the United States college market in digital form first, in a break fro...
20:16, 07/15/2019

PayPal launches international money transfer service Xoom across Europe U.S. payments company PayPal is expanding further in Europe by launching its international money transfers service Xoom in Britain and 31 other count...
20:16, 07/15/2019

State AGs fighting T-Mobile, Sprint merger say October trial may not be possible An attorney for the state attorneys general who filed a lawsuit in hopes of stopping T-Mobile's $26 billion merger with Sprint told the judge on Monda...
20:16, 07/15/2019

Trump presses for USMCA passage as Lighthizer, lawmakers prepare to meet President Donald Trump and his top advisers on Monday stepped up their drive to win congressional passage of a trade deal with Canada and Mexico, as t...
20:16, 07/15/2019

Amazon rivals ride on Prime Day marketing as protests unfold Amazon.com Inc's Prime Day is now a major marketing opportunity and shopping event in the annual calendar for other U.S. retail companies, rivaling th...
20:16, 07/15/2019

Oil down for a second day as U.S. Gulf of Mexico output returns Oil prices fell for a second day on Tuesday as more production facilities returned to operation in the U.S. Gulf after Hurricane Barry swept through o...
20:16, 07/15/2019

Asian shares tick up, U.S. data, earnings in focus ahead of Fed Asian shares inched up on Tuesday as traders awaited U.S. retail sales data and more corporate earnings to gauge the health of the world's biggest eco...
20:16, 07/15/2019

Facebook vows Libra currency will wait for approval as U.S. airs worries Facebook Inc said on Monday it would not proceed with the launch of its Libra cryptocurrency until regulatory concerns are addressed, as the U.S. Trea...
20:16, 07/15/2019

Cramer's guide to earnings season: Don't try to outsmart the system — it's 'always rough' "The important thing is that you shouldn't try to hit homeruns this week, because you're much more likely to end up striking out," Jim Crame...
19:16, 07/15/2019

Dissent in Ranks of Hollywood Writers Who Fired Their Agents As television and movie writers find themselves in a standoff with the four major talent agencies, some of them want to push their union in a new dire...
17:32, 07/15/2019

|WATCH:Bitcoindropsmorethan10%asscrutinyofcryptocurrenciesgrows Bitcoin has slumped more than 10% over the weekend to a two-week low as fears of a crackdown of cryptocurrencies grew on mounting scrutiny of Facebook...
16:00, 07/15/2019

|Gordhanvs.Mhkwebane:Malemajoinscourtcase EFF leader Julius Malema has officially joined the legal wrangle between Public Enterprises Minister Pravin Gordhan and Public Protector Busisiwe Mkhw...
16:00, 07/15/2019

|DanielSilke:RamaphosainANCquicksand South Africa is currently stuck in a type of quicksand: not yet porous enough to engulf the country completely, yet highly debilitating and extremely ...
16:00, 07/15/2019

Oklahoma urges judge to hold J&J responsible for opioid crisis as trial ends Lawyers for the state of Oklahoma on Monday urged a judge to hold Johnson & Johnson responsible for fueling the U.S. opioid epidemic, as the first tri...
15:32, 07/15/2019

Boeing seeks to reassure plane leasing firms as grounding of its 737 Max grinds on Boeing met with aircraft leasing firms and financiers in New York as the grounding of its popular 737 Max planes drags on with no clear timeline for g...
15:32, 07/15/2019

Raytheon nabs $110M contract for cybersecurity for North African country Raytheon Co. announced a $110 million contract on Monday to develop and deploy cybersecurity equipment for an unnamed country in the Middle East North...
15:32, 07/15/2019

Nomura to pay $26.5m settlement to SEC Nomura will pay $26.5m (£21m) to settle charges in the US that it failed to properly supervise five former traders who lied to customer...
15:16, 07/15/2019

Twitter says Trump’s tweet didn’t violate its rules against racism but won’t say why Twitter’s new policy for holding powerful leaders to account for engaging in hate speech and harassment received its first major test this weekend whe...
13:16, 07/15/2019

Trump order for federal purchases of iron and steel may come too late to lift U.S. metals producers Trump's efforts to shore up U.S. steel industry have widened the gap between companies like U.S. Steel, that use costly legacy blast furnaces, and com...
13:16, 07/15/2019

Ogden rate review falls short of insurers' hopes Think of the name Ogden and you might think of the American poet Ogden Nash, Coronation Street's busybody Hilda Ogden and her layabout husband, Stan, ...
12:48, 07/15/2019

Money Shop plans £18m customer payout pot One of Britain's biggest short-term consumer lenders is to ring-fence an £18m compensation pot for creditors as it prepares to wind itself up fol...
12:48, 07/15/2019

U.S. joins 11 NATO allies for Breeze 2019 maritime exercise in Bulgaria The United States and 11 NATO allies began their participation in the nine-day Breeze 19, a maritime exercise hosted by Bulgaria that included three U...
12:32, 07/15/2019

New Air Force facility to protect weapons systems from cyber threats The Air Force's newest cyber defense facility at Wright-Patterson AFB, Ohio, part of the branch's Cyber Resiliency Office for Weapons Systems program,...
12:32, 07/15/2019

Turkey awaits ninth delivery for Russian S-400 missile defense system Deliveries of Russia's S-400 defense system to Turkey -- which started Friday and continued Monday -- could cause a permanent rift between the United ...
12:32, 07/15/2019

|Ugandaplans$263mvehicleplantwitheyeonregion Uganda will invest $40m in the first phase of a $263m vehicle-assembly plant with the view of starting production by mid-2021 to tap rising demand in ...
12:00, 07/15/2019

|SifisoSkenjana:Here'showcorporatescanhelpbeatpovertyinSA Absenteeism, presenteeism and other widespread costs are all linked to poverty, and it's in the interests of corporates to mitigate their effects, say...
12:00, 07/15/2019

Here Are the Best Amazon Prime Day Deals for Readers If you’re looking to catch up on summer reading, there are plenty of deals through Amazon’s Prime Day to help keep you busy with books for...
10:48, 07/15/2019

|Matjilacross-examinedonmergerrelatedtoTosacodeal Former PIC CEO Dan Matjila says he did not force a merger between two companies seeking funding from the asset manager to pursue a deal in Tosaco Ener...
10:16, 07/15/2019

|Steinhoffcrushedresourcesrally US markets rallied on Friday pushing equity markets into record territory levels. The momentum continued to favour the bulls on Monday as Asian market...
10:16, 07/15/2019

|PillayjoinsGordhan,seeksownreviewofMkhwebane’sreport Among other things, Ivan Pillay has alleged that ex SARS commissioner Tom Moyane pressured a former official to provide "some sort of report to implic...
10:16, 07/15/2019

Gilead invests $5 billion to deepen ties with biotech Galapagos U.S. antiviral drugmaker Gilead Sciences will invest $5.1 billion in a major expansion of its partnership with Belgo-Dutch biotech Galapagos NV , new...
10:16, 07/15/2019

Oil prices rise on Chinese economic data Oil prices rose on Monday as Chinese industrial output and retail data topped expectations, though gains were capped by overall figures showing the co...
10:16, 07/15/2019

Walmart Chile to resume talks with union amid strike Walmart Chile said on Monday it would resume talks with a union of 17,000 workers who walked off the job last week amid a major push by the global ret...
10:16, 07/15/2019

Wall Street flat as Citi results weigh on bank shares Wall Street's three main indexes eased from their record highs on Monday as bank stocks turned lower after the third largest U.S. lender, Citigroup, r...
10:16, 07/15/2019

Oklahoma seeks to hold J&J responsible for opioid crisis as trial ends Lawyers for the state of Oklahoma on Monday urged a judge to hold Johnson & Johnson responsible for fueling the U.S. opioid epidemic, as the first tri...
10:16, 07/15/2019

Trump sees slowing Chinese growth pressuring Beijing on trade U.S. President Donald Trump on Monday seized on slowing economic growth in China as evidence that U.S. tariffs were having "a major effect" and warned...
10:16, 07/15/2019

Back to beers for AB InBev after failed Asian float AB InBev's canceled Asian stock market listing will slow but not derail the world's largest brewer's efforts to cut its debt mountain, delaying futur...
10:16, 07/15/2019

Hold the beers: Budweiser APAC IPO hit by investor push-back Scepticism over AB InBev's high valuations doomed Budweiser APAC's IPO of up to $9.8 billion - poised to be the world's biggest this year - investors ...
10:16, 07/15/2019

Facebook official says regulatory concerns to be addressed before Libra launch Facebook Inc's top official overseeing the launch of its Libra cryptocurrency plans to tell U.S. lawmakers the company will not launch the digital cu...
10:16, 07/15/2019

Chinese data supports stocks as U.S. earnings season picks up A gauge of global stocks advanced on Monday as economic data from China came in as expected, although stocks on Wall Street were little changed as fin...
10:16, 07/15/2019

UAW head wants union to share in profits of U.S. automakers The head of the labor union representing most hourly workers at the U.S. automakers struck an adversarial tone on Monday, vowing in likely contentious...
10:16, 07/15/2019

Germany approved for $401M buy of Patriot missiles, parts The U.S. State Department on Friday notified Congress it has approved the sale of PAC-3 MSE, an upgraded version of the missiles, as well as associate...
09:32, 07/15/2019

China Second Quarter GDP Growth Slows To 27-Year Low China has already slashed RRR six times since early 2018 to free up more funds for lending, and analysts polled by Reuters forecast two more cuts by t...
08:48, 07/15/2019

|OldMutualbacksFootgear’splanstobuyEdcon’sactivestores Old Mutual's private equity arm is backing a plan by Footgear to buy a unit of Edcon in southern Africa to create one of the region’s largest sports a...
08:48, 07/15/2019

|Zim’sannualinflationratedoublesinJuneto176% Zimbabwe’s inflation rate almost doubled in June from the previous month. Annual inflation accelerated to 175.7% from 97.9% in May, the statistics off...
08:48, 07/15/2019

|Watchout,statecapturegangsters-there'snoescapingthetaxmananymore In an appeal against an assessment, the burden of proof is on the taxpayer, which means it's easier to get lost funds back via SARS than securing a co...
08:48, 07/15/2019

|KhulubuseZuma,ZondwaMandelatoargueagainstbroadcastrequestinAuroracase The court case against four former directors of Aurora Empowerment Systems for alleged environmental damages has again been postponed to allow their d...
08:48, 07/15/2019

|Disneylandmakessurveillancepalatable-andprofitable There’s another aspect of the season Disney is effectively capturing: summer vacations — and reams of data on the things you do inside its amusement p...
08:48, 07/15/2019

|ZambiaPresidentfiresFinanceMinister,replacesherwithdeputygovernor Zambian President, Edgar Lungu, has fired the country’s Finance Minister and replaced her with the central bank's deputy governor responsible for oper...
08:48, 07/15/2019

|WATCH:USfirmsmaygetnodtorestartHuaweisalesintwotofourweeks The US may approve licences for companies to re-start new sales to Huawei in as little as two weeks, according to a senior US official. Watch the excl...
08:48, 07/15/2019

|Steinhoff’swindow-dressingrevealsthedevilisinthedetails It’s quite understandable that Steinhoff International Holdings wants to create a favourable impression - The embattled retailer is in the final month...
08:48, 07/15/2019

|WillKhulubuseZuma,ZondwaMandelafacejailtimeoverAurorawaterpollution? The legal action against the politically connected former Aurora Empowerment Systems directors has dragged on for more than eight years and looks set ...
08:48, 07/15/2019

Callon Petroleum to Buy Carrizo Oil for $1.2 Billion in Stock Callon Petroleum has said it would buy Carrizo Oil & Gas Inc. for $1.2 billion in stock as the oil company seeks to build scale in key production area...
08:00, 07/15/2019

PG&E Braces for Power Cuts; Tesla, Others See an Opening Companies that provide home batteries and other power products are targeting customers in Northern California as PG&E prepares to pre-emptively turn o...
08:00, 07/15/2019

Alan Turing Will Be New Face of £50 Note, Bank of England Says During his lifetime, the mathematician and computer pioneer’s reputation was overshadowed by a conviction under Britain’s Victorian laws against homos...
07:48, 07/15/2019

Why Machine Learning Hasn’t Made Investors Smarter Hedge funds have been in the doldrums and face mounting pressure to justify their fees. Will artificial intelligence come to the rescue? A growing num...
07:32, 07/15/2019

Apple preaches privacy. Lawmakers want the talk to turn to action Apple has helped create sky-high expectations of its commitment to privacy with its public pronouncements. But as several states introduce privacy leg...
07:32, 07/15/2019

Apple’s statement on privacy lobbying Apple spokesman Fred Sainz defended Apple’s involvement in efforts to pass privacy legislation: “We believe privacy is a fundamental human right and i...
07:32, 07/15/2019

June Business Sentiment Lowest Since 2016: Report Country is staring at a deficit monsoon this year, raising concerns over output of summer-sown crops in a nation where 55%of arable land is rain-fed....
06:16, 07/15/2019

IndiGo Announces New International Flights, Offers Tickets From Rs 7,548 The additional flights between Delhi and Jeddah will start fromJuly 25, while the flights between Mumbai and Kuwait will become operational from Augus...
06:16, 07/15/2019

Remnants of storm Barry dump more rain in the US southeast Barry, now downgraded to a tropical depression, still packed winds of up to 25 mph and could drop 5 inches or more of rain on a water-logged Louisiana...
06:00, 07/15/2019

For Amazon workers in Minnesota, Prime Day means protest One-hundred employees, many of them East African Muslim immigrants, plan to walk off the job as part of one of the largest Amazon strikes among U.S. w...
05:00, 07/15/2019

How the Epstein fortune may be up for grabs While much of the early legal sparring has focused on questions of Epstein’s freedom, a secondary struggle may determine how much money Epstein has --...
05:00, 07/15/2019

China’s Economic Growth Is at Its Lowest in Almost Three Decades China announced its lowest GDP growth numbers since 1992 on Monday, as the ongoing trade war between the world’s two largest economies continues...
03:32, 07/15/2019

Wholesale Inflation Eases To 2.02% in June Build up inflation rate in the financial year so far was 1.33 per cent compared to a buildup rate of 2.41 per cent in the corresponding period of the ...
03:16, 07/15/2019

Tatkal Ticket Booking Rules, Charges, Timings, Other Details Here IRCTC Tatkal ticket rules: Tatkal booking opens at 10 am every day for AC classes and 11 am for non-AC classes a day in advance of actual date of jour...
03:16, 07/15/2019

Slower China GDP growth nudges oil prices lower Oil prices slipped on Monday after China posted its slowest quarterly economic growth in at least 27 years, reinforcing concerns about demand in the w...
02:32, 07/15/2019

Encouraging Chinese data pulls Asian shares higher Asian shares advanced on Monday as investors breathed a sigh of relief after encouraging Chinese data suggested the world's second-biggest economy may...
02:32, 07/15/2019

PSA sales slide on emerging-market setbacks French carmaker PSA Group's vehicle sales fell 12.8% in the first half as emerging markets weighed on its overseas business, challenging the trajecto...
02:32, 07/15/2019

China second quarter GDP growth slows to 27-year low as trade war bites, more stimulus seen China's economic growth slowed to 6.2% in the second quarter, its weakest pace in at least 27 years, as demand at home and abroad faltered in the face...
02:32, 07/15/2019

Sports Direct delays results as House of Fraser deal backfires British retailer Sports Direct has delayed publishing its annual results, warning problems integrating its purchase of House of Fraser stores and inc...
02:32, 07/15/2019

|BitcointumblesasTrumpcritiquetestsstellarrunfor2019 Bitcoin slumped in another large weekend move after US President Donald Trump’s criticism of cryptocurrencies late last week put the focus back on thi...
01:32, 07/15/2019

|KhulubuseZuma,ZondwaMandelaexpectedbackincourtinminingdamagecase Zuma, Mandela and their two co-defendants are accused of causing environmental damage at Grootvlei gold mine after it was acquired by their company, A...
01:32, 07/15/2019

Infosys Surges 6% On Beating Estimates In June Quarter Infosys share: Infosys, country's second largest software services company on Friday reported net profit of Rs. 3,802 crore for quarter ended June 30....
00:48, 07/15/2019

Allahabad Bank Falls On Detecting Fraud In Bhushan Power Loan Account Allahabad Bank share price: Allahabad Bank share price fell as much as 14.53 per cent on the BSE to Rs 40.30 after it informed exchanges on Saturday t...
00:48, 07/15/2019

Trade war damage as China growth slows to 27-year low China's economic growth slowed to its weakest level for 27 years in the second quarter of the year - damaged by the country's trade war with the US....
00:32, 07/15/2019

Oil prices edge lower as China's GDP growth slows Oil prices slipped on Monday after China posted its slowest quarterly economic growth in at least 27 years, reinforcing concerns about demand in the w...
23:32, 07/14/2019

Asian shares pull ahead after encouraging Chinese data Asian shares advanced on Monday as investors breathed a sigh of relief after encouraging Chinese data suggested the world's second-biggest economy may...
23:32, 07/14/2019

China June aluminum output climbs to daily record - Reuters calculations China's daily aluminum output hit record levels in June, according to Reuters calculations, even as total production for the whole of the month fell s...
23:32, 07/14/2019

China June coal output hits record high as miners ramp up ahead of summer China's coal output rose in June from the previous month to a record high, official data showed on Monday, as miners ramped up production to ensure su...
23:32, 07/14/2019

China says first-half growth sets good foundation for hitting 2019 GDP target China's first-half economic growth of 6.3% was "hard-won" and laid a good foundation for achieving a full-year growth target of between 6% and 6.5%, a...
23:32, 07/14/2019

China churns out record daily steel output in June - Reuters calculation China's daily crude steel output rose to record levels in June, according to Reuters calculations, even as anti-pollution production curbs pushed whol...
23:32, 07/14/2019

China June crude oil throughput rises to record on new plants China's crude oil throughput rose to a record in June, up 7.7% from a year earlier, following the start-up of two new, large refineries, official data...
23:32, 07/14/2019

China's first-half pork output falls amid disease outbreak China's pork output fell by less than expected in the first half as the country tackles a devastating disease outbreak, although official data showed ...
23:32, 07/14/2019

Instant View: China second quarter GDP rises 6.2% year-on-year, slowest in at least 27 years China's second-quarter economic growth slowed to its weakest pace in at least 27 years, in line with expectations, as demand at home and abroad cooled...
23:32, 07/14/2019

China home price growth cools in June, but investment quickens Growth in China's new home prices cooled in June as sales shrank for a second month, but building starts and investment quickened, providing a cushion...
23:32, 07/14/2019

China June industrial output up 6.3% year-on-year, beats forecasts, retail sales up 9.8% China's industrial output grew 6.3% in June from a year earlier, official data showed on Monday, picking up from May's 17-year low and handily beating...
23:32, 07/14/2019

China second quarter GDP growth slows to 27-year low, more stimulus expected China's economic growth slowed to 6.2% in the second quarter, its weakest pace in at least 27 years, as demand at home and abroad faltered in the face...
23:32, 07/14/2019

China's Xiaomi continues chip strategy revamp with investment in semiconductor designer China's Xiaomi Corp has taken a stake of roughly 6% in compatriot chip designer VeriSilicon Holdings Co Ltd, as the smartphone maker revamps its year...
23:32, 07/14/2019

Moon-Landing Technology May Help New Transportation Take Flight The next generation of travel—including the possible return of commercial supersonic airliners—is looking to materials developed for the extreme condi...
22:16, 07/14/2019

China Growth at Its Slowest Since 1992 as Beijing Struggles to Juice Economy China’s economic growth decelerated to its slowest pace in decades, weakened by trade tensions with the U.S. and businesses that held back from making...
22:16, 07/14/2019

Hilton Plays Catch-Up in Luxury-Travel Market Hilton Worldwide Holdings plans to open 11 more luxury hotels globally this year as it tries to catch up to its competitors in the growing luxury-trav...
22:16, 07/14/2019

Asian shares, dollar brace for China GDP Asian shares started the week on a softer note on Monday after posting their first weekly decline since early June, while the dollar was on the defens...
20:48, 07/14/2019

Exclusive: U.S. firms may get nod to restart Huawei sales in two-four weeks - official The U.S. may approve licenses for companies to re-start new sales to Huawei in as little as two weeks, according to a senior U.S. official, in a sign ...
20:48, 07/14/2019

Two Economists Fuel Democratic Debate Over How Far Left to Go William Darity Jr. and Darrick Hamilton tout slavery reparations and guaranteed jobs to address the racial wealth gap. Their theories on ‘stratificati...
20:32, 07/14/2019

Airlines cancel thousands of flights as Boeing works to fix 737 Max software problems American Airlines, United and Southwest — the three U.S. airlines that operate Boeing's 737 Max jet — have extended flight cancellations into the fall...
20:16, 07/14/2019

Trump says he will not impose uranium quotas President Trump has decided not to impose quotas on importing uranium, breaking with a Commerce Department assessment that America’s use of foreign ur...
20:16, 07/14/2019

Airlines cancel thousands of flights as Boeing works to fix 737 Max problems American Airlines, United and Southwest — the three U.S. airlines that operate Boeing's 737 MAX jet — have extended flight cancellations into the fall...
20:16, 07/14/2019

Chief trade negotiator: UK had little influence before Brexit vote The man in charge of leading the government's global trade negotiations has told Sky News that the UK "had very little influence on the international ...
19:48, 07/14/2019

Amazon workers in Germany to strike over pay, Verdi union says Workers at seven Amazon sites across Germany will go on strike over pay for at least two days this week starting on Sunday night going into Monday, l...
17:32, 07/14/2019

Exclusive: U.S. firms may get nod to restart Huawei sales in 2-4 weeks - official The U.S. may approve licenses for companies to re-start new sales to Huawei in as little as two weeks, according to a senior U.S. official, in a sign ...
17:32, 07/14/2019

|GE,PowerChinawincontractfordamonZambia,Zimbabweborder Both Zambia and Zimbabwe are facing a power crisis as a drought has reduced water levels to 27% at Lake Kariba, the world’s largest man-made reservoir...
17:16, 07/14/2019

|SundayRead:AlookatSA'sautomanufacturingindustry About a third of value addition within SA's domestic manufacturing sector is derived either directly or indirectly from vehicle assembly and automotiv...
17:16, 07/14/2019

|MoonwalkrecordingsoffergiantreturnsforformerNASAintern Gary George found the original videotapes capturing the Apollo 11 lunar landing at a government surplus auction while working at the NASA Johnson Spac...
17:16, 07/14/2019

|SABCdeniesnewplanstoretrenchstafftocutsalarybill This after the Sunday Times reported that the broadcaster's latest turnaround strategy includes proposals to reduce management by 37%, cut news news s...
17:16, 07/14/2019

|Betteraccesstofundingforentrepreneurs,ministerpledges Minister of Small Business Development Khumbudzo Ntshavheni has said SMMEs must have access to strategic resources and finance, so her department will...
17:16, 07/14/2019

|Transnetgetsinterdictagainststrikeactionaftergo-slow Transnet released a statement on Sunday afternoon announcing that it had obtained an interdict to stop a strike by its employees at the Ngqura Contain...
17:16, 07/14/2019

|Eskom’squickestfixisgivingitcashnow,swappingdebtlater The power utility is paying so much in interest on its debt - at the same time that its income is falling - that the company is struggling to keep the...
17:16, 07/14/2019

Puerto Rico’s Bankruptcy Plan Is Almost Done, and It Could Start a Fight The island territory is preparing to present its complete restructuring plan for its $124 billion debt. Court challenges are almost certain, but if th...
15:48, 07/14/2019

GSK in talks to name HSBC's Symonds as its next chairman: Bloomberg GlaxoSmithKline Plc is in talks to name HSBC's deputy chairman Jonathan Symonds as the next chairman of the British drugmaker, Bloomberg reported on ...
15:16, 07/14/2019

U.S. Fed seen launching repo facility in early 2020: Deutsche Bank The Federal Reserve may launch a policy tool to lend to banks using Treasuries and other securities as collateral in early 2020 with possible testing ...
15:16, 07/14/2019

Gilead deepens Galapagos ties with $5.1 billion deal Gilead Sciences Inc will invest $5.1 billion to raise its stake in Galapagos NV and partner with the Belgian-Dutch biotech firm to develop and comme...
15:16, 07/14/2019

For Decoding Labor Market, Unemployment Rate May Not Do the Job A low jobless rate should mean a tight labor market and inflation on the rise. Instead, wage growth has been muted and inflation weak, leading economi...
15:00, 07/14/2019

Gilead to Boost Stake in Belgian Biotech Galapagos as Part of $5.1 Billion Deal Gilead Sciences will pay $5.1 billion to lift its stake in Galapagos NV and gain rights outside Europe to the Belgian biotechnology company’s treatmen...
15:00, 07/14/2019

American Airlines to Ground Boeing 737 Max for Two Months Longer Than Planned (WASHINGTON) — American Airlines said Sunday that it will keep the Boeing 737 Max plane off its schedule until Nov. 3, which is two months longe...
14:32, 07/14/2019

Boeing 737 MAX Grounding Could Stretch Into 2020 Fixing the Boeing 737 MAX’s flight-control software and completing other steps to start carrying passengers is likely to stretch into 2020, an increas...
11:16, 07/14/2019

Drugs giant GSK picks Symonds to steer £81bn break-up Britain's second-biggest drug-maker is turning to a former chief financial officer of AstraZeneca, its London-listed rival, to steer it through an ...
10:00, 07/14/2019

Manufacturers Move Supply Chains Out of China U.S. manufacturers are shifting production to countries outside of China as trade tensions between the world’s two biggest economies stretch into a se...
09:00, 07/14/2019

Disney Looks to Extend Box-Office Reign With 'Lion King' Analysts and box-office tracking services expect the new “Lion King” to open with a domestic debut north of $170 million, among the best this year. Bu...
09:00, 07/14/2019

India says Deloitte misreading law in challenging government's call for ban India has told a tribunal the local auditing affiliate of international accounting group Deloitte Touche Tohmatsu is misreading a key federal law as t...
08:32, 07/14/2019

American Airlines extends Boeing 737 MAX cancellations for fourth time American Airlines Group Inc said on Sunday it is extending for a fourth time cancellations of about 115 daily flights into early November due to the ...
08:32, 07/14/2019

Huawei plans extensive layoffs at its U.S. operations: WSJ Huawei Technologies Co Ltd [HWT.UL] is planning extensive layoffs in the United States as the Chinese telecoms equipment company grapples with its U.S...
06:32, 07/14/2019

Lufthansa CEO sees no 'Greta Effect' on passenger numbers German airline Lufthansa expects passenger numbers to rise about 4% this year, its chief executive told a newspaper, playing down talk that public su...
06:32, 07/14/2019

Airlines Announce New Routes, Discounts On Flight Tickets, Details Here The announcements from Air India, Vistara and GoAir come at a time when the suspension of flights by Jet Airways has led to additional demand in marke...
04:00, 07/14/2019

Huawei Plans Extensive Layoffs in the U.S. in Wake of Blacklisting Huawei Technologies is planning extensive job cuts at its U.S. operations as the Chinese technology giant continues to struggle with its American blac...
03:32, 07/14/2019

How `Transition Bonds’ Can Help Polluters Turn Green It makes sense that green bonds are meant for green companies. But there aren’t that many of them -- not enough to meet the rising demand from investo...
01:00, 07/14/2019

OxyContin Made the Sacklers Rich. Now It's Tearing Them Apart. The billionaire family was so fractious one member tried to punch another in a board meeting. More recently, a rash of lawsuits, which accuse its Purd...
20:16, 07/13/2019

Exclusive: Barneys New York explores options that include bankruptcy - sources U.S. luxury department store operator Barneys New York Inc is exploring options that include a bankruptcy filing, as it struggles with high rents and ...
17:48, 07/13/2019

|WATCH:Amazontoretrainathirdofemployeesin$700m'upskilling'effort The e-commerce giant's Upskilling 2025 pledge promises to give 100 000 employees access to training for in-demand jobs and “highly skilled roles withi...
16:16, 07/13/2019

Air India Offers Discount On International Flight Tickets Air India's offer is applicable for travel to London, Birmingham, Copenhagen, Frankfurt, Madrid, Paris, Rome, Milan, Stockholm, Vienna and Tel Aviv. B...
14:00, 07/13/2019

National Pension System (NPS) Withdrawal Rules Explained Here NPS account: Originally launched for the government employees in 2004 and extended to the general public in 2009, it allows premature withdrawal and e...
14:00, 07/13/2019

IRCTC Ticket Booking: Reservation Rules, Tatkal Timings And More Indian Railway Catering and Tourism Corporation or IRCTC, the e-ticketing arm of Indian Railways, allows individual user to book a maximum of six tick...
14:00, 07/13/2019

Whitney Houston died in 2012. Next year you can see her hologram perform In 2018 BASE Hologram began touring two shows – "Callas in Concert," which put opera singer Maria Callas in front of audiences for the first time sinc...
13:00, 07/13/2019

How cricket in India became one of the most valuable opportunities in sports The Indian Premier League, or IPL, is a relatively new league, but it is already one of the richest cricket tournaments on the planet. In 2018, the IP...
13:00, 07/13/2019

Facebook Dodged a Bullet From the F.T.C. It Faces Many More. The social network may have escaped restrictions and financial bruising with the F.T.C.’s settlement, but its pain is just beginning around the world....
12:16, 07/13/2019

Government sets deadline for final British Steel bids Bidders for British Steel have been told to submit their final offers for the company by midnight on Monday as advisers to the government draw up deta...
11:00, 07/13/2019

|SAbraindrainworsensasexpatsplugskillsgapsabroad,saysnewreport Xpatweb's recently released annual Critical Skills Survey highlights the top critical skills that employers struggle to recruit within local borders....
08:00, 07/13/2019

40 Years Later, Lessons From the First 'Killer App' VisiCalc, the world’s first spreadsheet, took the nascent personal computing world by storm, and just as suddenly ceased to exist—in the process, writ...
05:16, 07/13/2019

|3reformsthatwillmaximizeaviationbenefitsinSA-report In 2017, 20.9 million passenger journeys were made to, from and within South Africa, with aviation and tourism representing US$9.4bn in gross value ad...
04:32, 07/13/2019

|WATCH:Byebye,VWBeetle Volkswagen has ended the production of the iconic Beetle at the company’s assembly plant in Puebla, Mexico, as the Beetle drives off into automobile h...
04:32, 07/13/2019

|ClientsmayhavelostR100mormore,saysFSCAonStringfellowarrest Thomas Stringfellow turned himself in to Johannesburg police following investigations into his conduct when handling funds from Stringfellow Group's c...
04:32, 07/13/2019

The Black Hole Engulfing the World’s Bond Markets There’s a multitrillion-dollar black hole growing at the heart of the world’s financial markets. Negative-yielding debt -- bonds worth less, not more,...
02:16, 07/13/2019

SBI To Remove Immediate Payment Service Charges From August 1: 10 Points State Bank of India or SBI, the largest commercial bank in the country, has decided to do away with IMPS (Immediate Payment Service) charges for its i...
01:48, 07/13/2019

|Trumphasafavouritecurrency,andit’snotBitcoin When Donald Trump’s former adviser, Steve Bannon, praised Bitcoin last year as “disruptive populism” and revealed he was working on his own cryptocurr...
23:32, 07/12/2019

Cannabis company exec says Jay-Z partnership will fuel national growth Shawn "Jay-Z" Carter is partnering with a California cannabis company as its chief brand strategist, and the company's CEO is looking to expand t...
19:32, 07/12/2019

Louisiana's post-Katrina flood defenses put to test as Barry approaches As the National Hurricane Center expects a Category 1 hurricane as soon as late Friday, some experts emphasize that Louisiana's defense system fo...
19:32, 07/12/2019

AB InBev pulls Budweiser listing, canceling year's largest IPO Anheuser-Busch InBev said on Friday it will not proceed with the planned listing in Hong Kong of its Asia Pacific unit, Budweiser Brewing Company APA...
19:16, 07/12/2019

Lockheed Martin plans to expand Milwaukee plant workforce by 15% Defense contractor Lockheed Martin Corp said on Friday it plans to increase the workforce at its approximately 300-person Milwaukee facility by more ...
19:16, 07/12/2019

Court rules against Oracle in $10 billion military cloud computing dispute A federal judge denied Oracle’s motion to block the Pentagon's cloud computing contract, siding with the agency and Amazon Web Services in a contentio...
19:00, 07/12/2019

USAF's Mountain Home AFB stays busy with F-35A fighter plane rotations Idaho's Mountain Home Air Force Base is now the location of the largest off-station operation of F-35 II fighter planes, the U.S. Air Force noted on F...
18:16, 07/12/2019

IBM Strengthens Hybrid Cloud With Red Hat Acquisition The company’s $34 billion deal to buy Red Hat, which closed this week, boosts its standing in the hybrid cloud market. Companies use the hybrid cloud ...
18:00, 07/12/2019

Volkswagen Pact Helps Ford in Europe In working with VW, Ford hopes it can develop an electric car for Europe faster and at a lower cost than it could on its own, as tougher emissions rul...
18:00, 07/12/2019

Ron Burkle and Sydell Group Sell Youth Hostel Brand for $400 Million A U.K. investment firm is paying about $400 million to acquire Freehand Hotels, the New York-based lodging company majority owned by hotel operator Sy...
18:00, 07/12/2019

Acosta Resigns Amid Pressure Over Epstein Prosecution Alexander Acosta resigned as U.S. labor secretary, bowing to mounting pressure over his handling of a high-profile sex-abuse case when he was a federa...
18:00, 07/12/2019

Amazon Makes a Bet on Beauty With Lady Gaga Deal Amazon.com is betting it has the marketing muscle to help an upstart beauty collection from Lady Gaga compete with the range of established celebrity-...
18:00, 07/12/2019

FTC Approves Roughly $5 Billion Facebook Settlement The Federal Trade Commission voted this week to approve a roughly $5 billion settlement with Facebook over a long-running probe into the tech giant’s ...
18:00, 07/12/2019

Facebook’s Getting Slapped With a $5 Billion FTC Privacy Settlement The U.S. Federal Trade Commission approved a record privacy settlement against Facebook requiring the social media company to pay about $5 billion to ...
18:00, 07/12/2019

|Steinhoffsaysroadtorecoverystilllong Steinhoff says the work of rehabilitating the company is far from over, as the scandal-hit conglomerate outlined the steps it has taken to stabilise t...
17:32, 07/12/2019

White House social media summit not a ‘one-and-done,’ Trump’s allies say Trump coupled his admonitions of the tech industry -- delivered Thursday in front of more than 200 of his closest online allies -- with a promise to s...
17:00, 07/12/2019

FTC votes to approve $5 billion settlement with Facebook in privacy probe The Federal Trade Commission voted to approve a roughly $5 billion settlement with Facebook ending an investigation into its privacy practices, accord...
17:00, 07/12/2019

U.S. producer prices rise marginally, suggest tame inflation U.S. producer prices rose slightly for the second straight month in June as an acceleration in the cost of services was offset by cheaper energy good...
15:32, 07/12/2019

Canada's struggling energy industry takes stock at annual Stampede party Frustration is palpable among Canadian energy executives who have flocked to the annual Calgary Stampede celebrations in Canada's oil capital this wee...
15:32, 07/12/2019

Boeing 737 MAX to remain off United Airlines' schedule until November 3 United Airlines Holdings said on Friday the Boeing 737 MAX would stay off its flight schedule until Nov. 3, a fresh extension leading to about 2,100 c...
15:32, 07/12/2019

Slimmed-down WPP to net $3.1 billion selling Kantar stake to Bain WPP is selling a 60% stake in Kantar to private equity firm Bain Capital, valuing the data analytics business at about $4 billion and giving the Brit...
15:32, 07/12/2019

Renault-Nissan audit findings submitted to French prosecutors Renault has handed French prosecutors the conclusions of an audit into its joint finances with alliance partner Nissan , the carmaker said on Friday....
15:32, 07/12/2019

EU legal advice favors Vivendi in feud with Mediaset An Italian law that forced French media group Vivendi to forfeit most of its voting rights in Italian broadcaster Mediaset may not comply with Europ...
15:32, 07/12/2019

Oil flat as tropical storm limits output, glut forecasts weigh Oil prices were little changed on Friday as U.S. Gulf of Mexico crude output dropped by more than half from disruptions caused by a tropical storm, bu...
15:32, 07/12/2019

AB InBev Asia cancels world's largest IPO of 2019 Anheuser-Busch InBev said on Friday it will not proceed with the planned listing in Hong Kong of its Asia Pacific unit, Budweiser Brewing Company APA...
15:32, 07/12/2019

Wall Street stocks climb, dollar drops on rate-cut optimism Wall Street stocks closed higher and the dollar fell on Friday as investors prepared for a U.S. interest-rate cut, while oil futures were little chang...
15:32, 07/12/2019

Wall St. notches all-time highs on lingering rate-cut optimism All three major indexes posted record closing highs on Friday as firm expectations for an interest-rate cut from the Federal Reserve continued to prop...
15:32, 07/12/2019

J&J faces U.S. criminal probe related to baby powder - Bloomberg The U.S. Justice Department is pursuing a criminal probe into whether Johnson & Johnson lied about potential cancer risks of its talcum powder and has...
15:32, 07/12/2019

Mining, Manufacturing Pull Down IIP Growth To 3.1% In May The Index of Industrial Production (IIP) had expanded by 3.8 per cent in May 2018. The index grew at 4.3 per cent in April and 0.4 per cent in March t...
14:32, 07/12/2019

"Pan Ki Dukaan Has Done Well": In IndiGo Promoter Feud, A Sharp Rebuttal InterGlobe Enterprises (IGE), one of the promoters of parent of India's largest airline IndiGo, on Friday termed charges made by InterGlobe Aviation's...
14:32, 07/12/2019

Foreign Investors' Lobby Group Asks Government To Reconsider High Taxes About 40 per cent of roughly 9,400 FPIs investing in India are registered as trusts, according to tax experts, while the rest are registered as corpor...
14:32, 07/12/2019

This Chrome Extension Calls Out Sponsored YouTube Videos Researchers last year found that many YouTube influencers don't disclose ties to affiliate marketing. A new browser extension will show you the hidden...
14:32, 07/12/2019

The Gathering Storm Over How Hurricanes Are Measured Call anything a Category 5 storm, disaster or crisis and immediately it sounds awful. The label owes much of its weight to the Saffir-Simpson Hurrican...
13:48, 07/12/2019

Why governments around the world are afraid of Libra, Facebook’s cryptocurrency Critics worry Libra would threaten government-backed currencies and consumer privacy, while giving Facebook reign over an unprecedented global financi...
13:00, 07/12/2019

Major Industries Use Coordinated Universal Time. Why Doesn't Everyone Else? A pair of Johns Hopkins professors want to change the way we keep time. Everyone, they argue, should abandon local time zones and instead set clocks t...
12:32, 07/12/2019

China to Sanction U.S. Companies for Arms Sales to Taiwan China said it would sanction U.S. firms that participate in arms sales to Taiwan, a retaliatory move that is expected to have minimal effect on defens...
12:32, 07/12/2019

What Kylie Jenner Can Teach Us About M&A Coty’s next big idea needs to look less like CoverGirl and more like Kylie Jenner, the youngest of the five Kardashian-Jenner sisters, who created a b...
12:32, 07/12/2019

Business Groups See Acosta Successor as More Aggressive Deregulator Business groups expect the new acting leader of the Labor Department to move more quickly on deregulatory efforts than Labor Secretary Alexander Acost...
12:32, 07/12/2019

Persian Gulf Skirmishes Force Tankers to Take Precautions Against Iran Oil tankers carrying crude from the Middle East are increasingly receiving protection from warships as they pass through one of the world’s most criti...
12:32, 07/12/2019

Ad Giant WPP to Sell Kantar Stake to Bain WPP has agreed to sell a 60% stake in its Kantar market-research unit to Bain Capital Private Equity, raising about $3.1 billion in the advertising gi...
12:32, 07/12/2019

Electric Boat nabs $173.8M for support of Navy's strategic, attack subs General Dynamics Electric Boat Corp. was awarded a four-year, $173.8 million contract to support the Navy's operational strategic and attack submarine...
12:32, 07/12/2019

United Arab Emirates pulls out of Saudi-led coalition in Yemen Military forces of the United Arab Emirates have started a withdrawal from Yemen, Emirati officials said, leaving Saudi Arabia to fight Houthi rebels....
12:32, 07/12/2019

Boeing to provide logistics for Britain's P-8A Poseidon in $23M deal Boeing was awarded a $23.3 million contract for logistics support on P-8A Poseidon aircraft sold to Britain's military, the U.S. Defense Department sa...
12:32, 07/12/2019

J&J drops 4% on report DOJ investigating allegations company lied about talc cancer risks J&J has denied allegations that its talc causes cancer. It said numerous studies and tests by regulators worldwide have shown that its talc is safe an...
11:32, 07/12/2019

|INSIDELABOUR:4IRandtheideologicalprison Last month saw the idea of a new, 21st Century city, complete with bullet trains, widely broadcast, all within the framework of a "developmental state...
11:00, 07/12/2019

|SA's12'mostloved'localbusinesses-Santamsurvey Small and medium sized local commercial businesses play a vital role in the SA economy and a new report tries to establish what makes consumers big fa...
11:00, 07/12/2019

|Helpwanted:Eskomseeksadviceonhowtospendfinancialaid The state power utility has put out a request for information for financial services groups to assist it with 'advising on the efficient and effective...
11:00, 07/12/2019

|Mboweni:State-ownedbankwilltacklesectordiscrimination Finance Minister Tito Mboweni says National Treasury has agreed to start the process of developing a state-owned commercial bank, with Deputy Finance ...
11:00, 07/12/2019

|Unions:ArcelorMittaljobsbloodbathcouldbefirstofmany Unions have voiced concern at the recent announcement by ArcelorMittal to slash 2 000 jobs, with Solidarity warning that the retrenchments may be the ...
11:00, 07/12/2019

|SAExpressofficialhidR9.9mtoavoiddetectioninlifestyleaudit,inquiryhears An official from SA Express asked that R9.9m be kept in a consultancy's accounts to avoid the funds being detected in his personal accounts through li...
11:00, 07/12/2019

|Poultryimporttariffadelicatebalance,Pateladmits Minister of Trade Industry and Competition Ebrahim Patel acknowledged that striking the balance between preserving the local industry and keeping poul...
11:00, 07/12/2019

HII completes flight deck of Ford-class carrier John F. Kennedy Huntington Ingalls Industries has installed the final piece of the flight deck on the new Ford-class aircraft carrier John F. Kennedy, the company ann...
10:16, 07/12/2019

China June new loans rise to three-month, still below forecasts New bank loans in China rose to a three-month high in June as policymakers sought to keep ample funds in the financial system to support the slowing e...
08:48, 07/12/2019

China copper imports in June fall 27% from a year earlier China's unwrought copper imports in June fell 27.2% from a year earlier, official data showed on Friday, as a slowdown in the world's second-biggest e...
08:48, 07/12/2019

China June trade surplus with U.S. rises 11% to $29.92 billion China's trade surplus with the United States, a major source of friction with its biggest trading partner, rose 11% in June to $29.92 billion from $26...
08:48, 07/12/2019

China iron ore imports in June fall to lowest since Feb 2016 China's iron ore imports in June fell from a year ago, touching their lowest since February 2016, customs data showed on Friday, as supply declined fr...
08:48, 07/12/2019

China's June crude oil imports climb as new refineries spur demand China's crude oil imports on a daily basis in June rose 15.2% from a year earlier, customs data showed on Friday, as the start up of new large-scale r...
08:48, 07/12/2019

China's June coal imports fall as local miners boost output China's June coal imports fell 1.4% from May to 27.1 million tonnes, official data showed on Friday, as local miners boosted output to ensure adequate...
08:48, 07/12/2019

China June soybean imports fall on trade war, deadly pig disease China's soybean imports fell 11.5% in June from May, customs data showed on Friday, as the Sino-U.S. trade war and an outbreak of deadly African swine...
08:48, 07/12/2019

China June rare earth exports rise, snapping two months of declines China's rare earth exports rose by 9% in June from May, customs data showed on Friday, snapping two months of declines that had stoked worries over su...
08:48, 07/12/2019

China's June exports, imports fall as trade war takes heavier toll China's exports fell in June as the United States ramped up trade pressure, while imports shrank more than expected, pointing to further weakness in t...
08:48, 07/12/2019

Deutsche Bank to pay Vestia 175 million euros settlement in derivatives suit Dutch housing cooperation Vestia said on Friday Deutsche Bank would pay it 175 million euros ($197 million) to settle claims the German bank had impr...
08:48, 07/12/2019

AB InBev Asia delays pricing world's largest IPO this year: sources Budweiser Brewing Company APAC , the Asia-Pacific business of Anheuser-Busch InBev (AB InBev) , will not price its Hong Kong IPO of up to $9.8 billion...
08:48, 07/12/2019

Airbus aims to sell more than 1,000 planes over 15 years in Latin America, Caribbean European planemaker Airbus SE plans to sell more than 1,000 new passenger planes in the next 15 years in Latin America and the Caribbean, meeting abo...
08:48, 07/12/2019

Oil prices firm on tropical storm and geopolitical tensions Oil prices edged higher on Friday and were on track for a weekly gain as U.S. oil producers in the Gulf of Mexico cut more than half their output beca...
08:48, 07/12/2019

U.S. producer prices up slightly, point to moderate inflation U.S. producer prices rose slightly in June as the cost of energy and other goods dropped for a second straight month, resulting in the smallest annual...
08:48, 07/12/2019

Airbus pulls anniversary book over fraud probe concerns: sources Airbus has halted sales of a new book that the planemaker had commissioned for its 50th anniversary to avoid hampering the manufacturer's attempts to ...
08:48, 07/12/2019

S&P 500, Dow hit record high at open on hopes of rate cut The S&P 500 and Dow indexes hit a record high at the open on Friday, after Federal Reserve Chairman Jerome Powell's dovish remarks this week boosted b...
08:48, 07/12/2019

Thomas Cook enlists China's Fosun to salvage oldest travel firm Thomas Cook is negotiating a 750 million pound ($941 million) rescue that will give Fosun Tourism , its biggest investor, control of the indebted Bri...
08:48, 07/12/2019

Partial ECM exit to leave Deutsche Bank focused on Europe Deutsche Bank is focusing its equity capital markets (ECM) business such as initial public offerings (IPOs) on Germany and Europe, scaling back in th...
08:48, 07/12/2019

Ford, Volkswagen extend multibillion-dollar alliance to electric, automated cars Ford Motor Co and Volkswagen AG said they will spend billions of dollars to jointly develop electric and self-driving vehicles, deepening a global a...
08:48, 07/12/2019

VW Ups Its Investment in Ford's Self-Driving Car Unit Volkswagen has agreed to invest around $2.6 billion in Ford’s autonomous-vehicle partner, Argo AI, in a deal that expands an alliance struck earlier t...
08:32, 07/12/2019

‘No Tech for ICE’: Protesters demand Amazon cut ties with federal immigration enforcement The demonstration joins a slew of growing criticism for corporations contracting federal agencies that enforce the White House's “zero-tolerance” immi...
08:32, 07/12/2019

New Orleans' levees face a hard test as storm bears down As Tropical Storm Barry threatened New Orleans, the height of the city's river levees was the U.S. Army Corps of Engineers' greatest concern...
07:32, 07/12/2019

Passengers violently ejected from seats on turbulent Air Canada flight An Air Canada flight was diverted to Hawaii after a sudden case of severe turbulence left 35 passengers with minor injuries, the carrier said in a sta...
07:32, 07/12/2019

Walmart told US government India e-commerce rules regressive, warned of trade impact Walmart told the U.S. government privately in January that India's new investment rules for e-commerce were regressive and had the potential to h...
07:32, 07/12/2019

Buying Lattes Is Not Keeping You From Being Rich Have as many lattes as you want. Just make sure you focus on the handful of things that will make a major difference to your financial health, a finan...
07:32, 07/12/2019

Day Care and Dog Care Helped Plump These Funds’ Returns Three of the second quarter’s better-performing mutual funds found winning investments in industries as varied as child care, animal health and bankin...
07:32, 07/12/2019

How a Tax Loophole Is Helping Silicon Valley Workers Save Millions A little-known tax break allows some start-up employees who own company stock to avoid paying taxes on up to $10 million when they sell their shares....
07:32, 07/12/2019

Flipkart, Axis Bank To Launch Co-Branded Credit Card Flipkart Axis credit card: The credit card offers best-in-class benefits and unlimited cashback on online and offline spends, Flipkart, Axis Bank, and...
07:16, 07/12/2019

How To Avail Discount On Sovereign Gold Bond, Subscription Ends Today Today gold rate: The sovereign gold bond scheme was launched in November 2015 with an objective to reduce the demand for physical gold and shift a par...
07:16, 07/12/2019

Flipkart, Axis Bank To Launch Credit Card This Month: 10 Things To Know E-commerce major Flipkart has partnered with private sector lender Axis Bank to launch a co-branded credit card. The new co-branded card - powered by ...
07:16, 07/12/2019

Sensex, Nifty Turn Flat Amid Jittery Trade: 10 Things To Know Domestic stock markets gave up early gains to move in a tight range on Friday afternoon amid a mixed trend in Asian peers. The S&P BSE Sensex declined...
07:16, 07/12/2019

IndiGo Shares Gain Over 2% To Break Three-Day Fall Shares in InterGlobe Aviation - the parent company of the IndiGo airline - rose 2.5 per cent on Friday, breaking a three-day fall which followed a spa...
07:16, 07/12/2019

Infosys Beats Estimates In June Quarter With Rs 3,802 Crore Profit Infosys, the country's second largest software services company, on Friday reported a net profit of Rs 3,802 crore for the quarter ended June 30. That...
07:16, 07/12/2019

Housing Becomes More Expensive, Mumbai Least Affordable, Says RBI Among the four metro cities, Chennai and Delhi stood at the second and third positions in terms of least affordable cities - with HPTI ratios of 58.6 ...
07:16, 07/12/2019

Consumer Inflation Picks Up To 8-Month High Of 3.18% In June: 10 Points Consumer inflation picked up to 3.18 per cent in June, from 3.05 per cent in the previous month, government data showed on Friday. That marked the hig...
07:16, 07/12/2019

News Corp's Retailer-Marketing Business Faces Monopoly Allegations A News Corp competitor in developing in-store advertising claims the company’s News America Marketing unit has created a monopoly in violation of a fe...
07:00, 07/12/2019

Beyond the Confetti: The Dark Side of Startup Success The swashbuckling creativity that drives many entrepreneurs can come with inner demons, including depression, substance abuse and other mental-health ...
07:00, 07/12/2019

U.S. Producer Prices Rose Slowly in June A measure of the prices businesses receive for their goods and services ticked higher in June but pointed to relatively subdued inflation, as most of ...
07:00, 07/12/2019

Takeaways From Fed Chief's Two Days on Capitol Hill Federal Reserve Chairman Jerome Powell completed two days of testimony on Capitol Hill this week. Here are five things learned from his exchanges with...
07:00, 07/12/2019

Trump's Criticism of the Fed Hasn't Shifted Perception of Its Independence, Economists Say President Trump’s repeated attacks on the Federal Reserve haven’t significantly damaged perceptions of  the central bank’s independence, according to ...
07:00, 07/12/2019

Financial Watchdog Shifts From Enforcer to Educator A federal regulator set up after the financial crisis to be a watchdog over the financial industry is shifting its mission from enforcement to consume...
07:00, 07/12/2019

Germany Inc. Shudders as Deutsche Bank, Others Face Challenges German efficiency has taken a hit this year as many of the country’s most recognizable corporations have faced setbacks, hurt by a slowing local econo...
07:00, 07/12/2019

Accenture Picks Julie Sweet as Chief Executive The board of consulting company Accenture PLC has named Julie Sweet, the head of the company’s operations in North America, as its new chief executive...
07:00, 07/12/2019

Recipe-kit provider Gousto serves up £30m funding One of the major British players in the fast-expanding meal-kit delivery market has been served up £30m of new funding as it intensifies its riva...
07:00, 07/12/2019

Huawei 'confident' UK will choose it for 5G development Huawei is confident the UK will allow its equipment to form part of the country's 5G infrastructure, its global head of government affairs said on Fri...
07:00, 07/12/2019

Thomas Cook shares plunge 40% over rescue plan Shares in Thomas Cook plummeted by more than 40% after it confirmed talks with its largest shareholder over a deal which would effectively see the fir...
07:00, 07/12/2019

The Debt Ceiling The very phrase “debt ceiling” sounds austere and restrictive, as if intended to keep a lid on government spending. In fact, the U.S. federal debt lim...
06:16, 07/12/2019

How Brexit Could Unleash a U.K. Constitutional Crisis Could the next prime minister suspend Parliament to push through Brexit against the will of lawmakers? That’s the most pressing question facing busine...
06:16, 07/12/2019

Why Carmakers Want You to Stop Buying Cars, Someday Those jumbles of electric scooters piled up on sidewalks in San Francisco, Seattle, Beijing or other digitally minded cities are more than just a mess...
06:16, 07/12/2019

Budweiser’s IPO Failure Would Be a Big Strategic Blow Investors have one big factor in their favor in the tussle over the Asia IPO price: Their need to buy is less than the beer giant’s necessity to sell....
06:16, 07/12/2019

President Trump takes aim at Facebook’s cryptocurrency, Libra, saying it should be regulated Taking aim at Facebook's plans to launch a virtual currency, known as Libra, and a wallet, named Calibra, Trump said in a series of tweets that the cu...
06:16, 07/12/2019

Google employs humans to listen to some voice-assistant recordings Contractors employed by Google listen to recordings of conversations customers have with their Google voice-activated devices, the search giant said T...
06:16, 07/12/2019

|TransnetsuspendsworkersforillegalNgqurastrike Transnet has suspended a number of employees at its Ngqura Container Terminal near Port Elizabeth for participating in an illegal strike which is now ...
05:32, 07/12/2019

|UScentralbanktostudyFacebookvirtualcurrency The US Federal Reserve has created a "working group" that is coordinating with government agencies and other central banks to consider the implication...
05:32, 07/12/2019

|SAAgetsstatefundsafterCEO,chairmanquit South African Airways will receive additional state funding after Chief Executive Officer Vuyani Jarana resigned over what he said was a lack of gover...
05:32, 07/12/2019

22 States Considered Eliminating the ‘Tampon Tax’ This Year. Here’s What Happened. Menstrual products are subject to sales taxes in 35 states, and lawmakers’ efforts to exempt them have floundered. Now supporters of ‘menstrual equity...
03:32, 07/12/2019

The Man With the $13 Billion Checkbook How Darren Walker, a gay black man who grew up poor in Texas, came to be one of the best connected people in New York City. And what that means for th...
03:32, 07/12/2019

Facebook’s Digital Money Could Mean Fabulous Wealth. Or Not. The social network is planning a new cryptocurrency, potentially inserting the company into yet another part of our lives. Our reporter wonders: What’...
03:32, 07/12/2019

The Crash Made This Madrid Suburb a Ghost Town. Now It’s Coming Alive. Valdeluz, created as a commuter haven, is emerging from a lost decade after the financial crisis. But its former dreams, like a 1,500-student school, ...
03:32, 07/12/2019

As Nations Look to Tax Tech Firms, U.S. Scrambles to Broker a Deal The proposed levies on firms like Facebook and Google are pitting traditional allies against one another and threatening to set off a cascade of tax i...
02:32, 07/12/2019

|WATCH:Turningplasticintousablefuel Renewlogy, a private waste management company, has found a way to turn plastic into fuel.The company is able to process around 10 tons of plastic wast...
01:00, 07/12/2019

|SACivilAviationAuthoritycontinueswide-ranginginvestigationintopotentialsecuritybreach The investigation into a possible cyber hack at the SA Civil Aviation Authority, discovered a few days ago, is still underway, says spokesperson Kabel...
01:00, 07/12/2019

|Steinhoffsettoreleasehalf-yearearningsreport Steinhoff is set to publish its 2019 half-year results on Friday, which will give investors some insight into how the scandal-plagued retailer's turna...
01:00, 07/12/2019

Oil near six-week highs amid Gulf of Mexico storm, Middle East tensions Oil prices rose on Friday, hovering near six-week highs, as U.S. oil producers in the Gulf of Mexico cut more than half their output in the face of a ...
22:16, 07/11/2019

Asian shares dart between gains and losses before key China data Asian shares veered between small losses and gains on Friday as investors awaited key China trade and lending data, and as worries over Sino-U.S. trad...
22:16, 07/11/2019

|HowSARScan'pierce'thecorporateveiltocatchtaxavoiders A relatively unknown piece of legislation could be used by SARS to catch shareholders hiding behind a company to avoid paying taxes, says a new study ...
21:32, 07/11/2019

Air China to buy 20 A350-900 wide-body aircraft from Airbus Air China Ltd , China's flagship carrier, will buy 20 A350-900 jets from Airbus SE , both companies said, bolstering the European planemaker's order b...
20:48, 07/11/2019

Fed's Powell affirms rate cut view; others see U.S. economy humming As Federal Reserve Chair Jerome Powell kept the focus Thursday on global risks that could trigger a Fed rate cut in coming weeks, his colleagues from ...
20:00, 07/11/2019

June imports fall at top U.S. hub for China ocean trade The Los Angeles and Long Beach port complex, the nation's busiest and the No. 1 for ocean trade with China, - handled 5.1%fewer inbound containers of ...
20:00, 07/11/2019

Asian shares ease as Trump rekindles Sino-U.S. trade tensions Asian shares pulled back on Friday as worries over renewed Sino-U.S. trade tensions weighed on sentiment ahead of the release of June trade data from...
20:00, 07/11/2019

Nike goes ahead with investment in new Arizona manufacturing plant Nike Inc said on Thursday it will open a manufacturing facility in Goodyear, Arizona, with a likely investment of at least $184 million, going ahead ...
20:00, 07/11/2019

Oil prices rise amid Gulf of Mexico storm, Middle East tensions Oil prices rose on Friday as U.S. oil producers in the Gulf of Mexico cut more than half their output in the face of a tropical storm and as tensions ...
20:00, 07/11/2019

Property speculators hope for investment paradise in southwest China A bus came to a halt amid a tropical rainforest not far from China's border with Myanmar, dropping off about 30 investors on a property tour, some wit...
20:00, 07/11/2019

Amazon’s Latest Experiment: Retraining Its Work Force Amazon’s effort could help answer a fundamental question: Will automation be a solution for the great challenges of the 21st century economy, or make ...
19:32, 07/11/2019

Thomas Cook close to unveiling Fosun rescue deal Thomas Cook Group is in advanced talks about a rescue deal that will see the company effectively broken up and its tour operating arm taken over by th...
18:32, 07/11/2019

Fed's Powell affirms rate cut view; see U.S. economy humming As Federal Reserve Chair Jerome Powell kept the focus Thursday on global risks that could trigger a Fed rate cut in coming weeks, his colleagues from ...
17:00, 07/11/2019

Mexico says trade deal dispute panel fix must be 'across the board' Mexico sees a push to close a dispute resolution loophole in the USMCA trade deal as a way to protect its interests as well as helping satisfy demands...
17:00, 07/11/2019

Anadarko shareholders to vote next month on Occidental deal Anadarko Petroleum Corp shareholders will vote Aug. 8 on the oil and gas producer's planned $38 billion sale to Occidental Petroleum Corp - the bigge...
17:00, 07/11/2019

Trump’s Efforts to Rein In Drug Prices Face Setbacks The White House abandoned a plan to drop hidden rebates paid by drug companies to benefit managers, and lost a court case over requiring transparency ...
16:48, 07/11/2019

The Problem With Plastic Nothing exemplifies modernity like plastic. It’s cheap. It can be molded into all sorts of shapes and textures, dyed any color or be transparent. Unli...
16:32, 07/11/2019

Gold’s Ups and Downs King Midas lusted after it. The Incas worshipped it. Shiny flakes of it set off a 19th-century rush to California and families in India have poured th...
16:32, 07/11/2019

White House frustration over moon mission delays preceded removal of top NASA official The sudden removal of William Gerstenmaier, NASA’s head of human exploration, late Wednesday is a clear sign that the White House is increasingly frus...
16:32, 07/11/2019

Exclusive: Walmart told U.S. government India e-commerce rules regressive, warned of trade impact Walmart told the U.S. government privately in January that India's new investment rules for e-commerce were regressive and had the potential to hurt ...
15:48, 07/11/2019

Wall Street watchdog to boost transparency about using 'cooperation' for penalty reductions Wall Street's industry-funded watchdog on Thursday said it plans to be more transparent about its process for determining when a securities brokerage ...
15:48, 07/11/2019

FCA plans electric Fiat 500 for 2020 as moves on from Renault Fiat Chrysler (FCA) plans to spend 700 million euros ($788 million) to take the Fiat 500 electric as the carmaker moves on from its failed $35 billion...
15:48, 07/11/2019

U.S. underlying inflation stirring; labor market tightening U.S. underlying consumer prices increased by the most in nearly 1-1/2 years in June amid solid gains in a range of goods and services, but that did no...
15:48, 07/11/2019

Cargill quarterly profit dives 41% on trade tensions, U.S. floods Global commodities trader Cargill Inc [CARG.UL] reported a 41% drop in adjusted quarterly profit on Thursday, citing supply disruptions stemming from ...
15:48, 07/11/2019

T-Mobile, Sprint expected to extend deal date: sources T-Mobile US Inc and Sprint Corp expect to extend a July 29 deadline to complete their $26-billion merger, according to two sources close to the deal...
15:48, 07/11/2019

Oil falls on dim OPEC demand outlook, pares gains from Gulf of Mexico storm Oil prices fell on Thursday as OPEC forecast slower demand for its crude next year, with crude futures easing from their highest in more than a month ...
15:48, 07/11/2019

Deutsche Bank to layoff 126 New York staff as part of restructuring Deutsche Bank AG plans to lay off 126 employees in New York in the coming months, according to a filing the bank made with New York state that was mad...
15:48, 07/11/2019

Bostic: Fed's focus is its mandates not market pricing for rate cuts Strong market expectations of an upcoming Fed rate increase are not a reason for the central bank to make a policy move given a U.S. economy that cont...
15:48, 07/11/2019

As Fed's Powell affirms rate cut view, others see U.S. economy humming As Federal Reserve Chair Jerome Powell kept the focus Thursday on global risks that could trigger a Fed rate cut in coming weeks, his colleagues from ...
15:48, 07/11/2019

World stocks rise as bond yields buoy financials; oil drops A broad index of stocks around the world rose on Thursday as financial shares helped Wall Street's benchmark index advance, while oil prices fell on a...
15:48, 07/11/2019

Colgate to buy skin care business of France's Filorga for $1.69 billion Colgate-Palmolive Co said on Thursday it would buy the skin care unit of France's Laboratoires Filorga Cosmétiques for 1.50 billion euros ($1.69 bill...
15:48, 07/11/2019

S&P 500, Dow climb as health insurers, financials gain The Dow and S&P 500 rose on Thursday to close at record highs as health insurers gained after the Trump administration scrapped a plan designed to rei...
15:48, 07/11/2019

Boeing reshuffles management of grounded 737: memo Boeing Co has reassigned the head of its next airplane project to run the troubled 737 program, according to a memo seen by Reuters on Thursday, as t...
15:48, 07/11/2019

|Mkhize:IhaveneveraskedthePICtofundtheANC Former ANC Treasurer-General Zweli Mkhize says he did not request funding from the PIC nor any other state-owned entity for the ANC January 8 statemen...
15:48, 07/11/2019

|EskomgetsrescueoptionasPICproposesdebt-equityswap A proposal by the biggest owner of Eskom's debt to convert its R90bn holding into equity has become a rescue option as South Africa seeks to restructu...
15:48, 07/11/2019

|MysteryofwhyTransnetusedyentopriceChineselocomotivesstillunresolved Former Transnet engineer Francis Callard again told the commission of inquiry into state capture that he could not understand why yen was used to esti...
15:48, 07/11/2019

|WATCH:BitcoinextendslossesafterFedchief'sLibrawarning Bitcoin has dipped almost 8% on Thursday, extending losses the day after US Federal Reserve chairperson Jerome Powell called for a halt to Facebook's ...
15:48, 07/11/2019

|UPDATE:CompletelistofnewPICboard National Treasury has reissued a statement on the PIC board appointments, as the previous statement had erroneously left out the name of one of the bo...
15:48, 07/11/2019

|WATCH:'Theymusttouchme!'ThisisthemomenttheEFFconfrontedGordhan When Public Enterprises Minister Pravin Gordhan took to the podium to table his budget vote on Thursday, EFF MP Sam Matiase said the party refused to ...
15:48, 07/11/2019

|JSEretreatsasminingproductiondatadisappoints The JSE retreated on Thursday led by losses on the resources index on the back of relatively weak mining production numbers as well as weaker rand met...
15:48, 07/11/2019

|SAAboardchairresigns Minister of Public Enterprises Pravin Gordhan announced on Thursday that South African Airways board chair JB Magwaza had resigned from the embattled ...
15:48, 07/11/2019

|SA'spublicentitiesontheroadtoprofitability,saysGordhan Minister of Public Enterprises Pravin Gordhan highlighted the importance of restoring state-owned entities to profitability as opposed to being an exp...
15:48, 07/11/2019

|Standoffinthechamber:EFF’sindignationandGordhan’sspunk During a stare down with the Economic Freedom Fighters in Parliament, Minister of Public Enterprises Pravin Gordhan could be heard daring the MPs to u...
15:48, 07/11/2019

|ASITHAPPENED:EX-PICheadDanMatjilasaysheneverinfluencedtransactions Ex-PIC head Dan Matjila told the commission of inquiry that there were sufficient checks and balances to ensure he never influenced transactions. He w...
15:48, 07/11/2019

|SpecialappropriationtohelpEskomcomingwithintwoweeks-Mboweni Minister of Finance Tito Mboweni stressed that state-owned entities could no longer continue to languish in ruin on the government’s dime and that thi...
15:48, 07/11/2019

|EFFthrownoutofGordhanbudgetvoteaddressaftertensestandoff Economic Freedom Fighters were thrown out of Public Enterprises Minister Pravin Gordhan's budget vote address on Thursday after members shouted and he...
15:48, 07/11/2019

Unemployment Is Low, but That’s Only Part of the Story Those who stop looking for work aren’t officially listed as unemployed. There is a broader monthly statistic that accounts for the dropouts, but it do...
15:00, 07/11/2019

Is This the End of Anonymous Shell Companies? Not Too Fast The use of L.L.C.s and shell corporations to hide the true source of funds has been an issue for the United States for more than a decade. A bill in C...
15:00, 07/11/2019

California Lawmakers Give Utilities a Backstop on Wildfire Liability Legislators moved to create a fund to help cover claims from blazes caused by the companies’ equipment. The bill aimed to shore up investor confidence...
15:00, 07/11/2019

Why Stocks Are Hitting Records as Economic Fears Rise: ‘There Is No Alternative’ Markets now have echoes of the mid-2010s, when central banks around the world were holding interest rates so low investors had little choice but to bu...
15:00, 07/11/2019

Paul Singer's Elliott Scores Big Win in PG&E Clash The California legislature delivered a preliminary victory to hedge-fund billionaire Paul Singer and other PG&E bondholders in their monthslong battle...
14:32, 07/11/2019

Apple Pulls Watch App After Finding Eavesdropping Glitch Apple has disabled the Walkie-Talkie app on Apple Watches after finding a glitch that could allow a person to listen in on someone else’s iPhone call,...
14:32, 07/11/2019

Fed's Williams: 'The Economy Is in a Good Place' Federal Reserve Bank of New York President John Williams said the economy has dimmed somewhat but remains healthy, in comments that didn’t say what th...
14:32, 07/11/2019

Google Contractors Listen to Virtual-Assistant Conversations Google said contractors are listening to customer audio recorded by the company’s virtual assistant, a disclosure prompted by a media report that adds...
14:32, 07/11/2019

Britain enters laser weapons race Britain announced that it seeks developers of laser- and radio frequency-guided weapons to shoot down drones and other enemy threats, joining a global...
13:32, 07/11/2019

Lockheed to keep Sikorsky helicopter plant open in Pennsylvania Lockheed Martin has agreed to keep a helicopter plant in Pennsylvania open, reversing plans announced early last month after appeals from President Do...
13:32, 07/11/2019

Star Wars: Galaxy's Edge to open Rise of Resistance ride later than expected While the Orlando, Florida version of the ride is expected to be operational on December 5, its California counterpart won't open until January 1...
13:00, 07/11/2019

Jeffrey Epstein used $46 million charitable donation to keep alive ties with billionaire Les Wexner Wealthy financier and accused child molester Jeffrey Epstein had a complicated relationship with billionaire and L Brands Chairman Les Wexner. It incl...
13:00, 07/11/2019

Norwegian Air Replaces CEO, Forecasts Lower Growth Norwegian Air Shuttle, the budget carrier that made a splash with cheap fares between the U.S. and Europe, said founder Bjorn Kjos was stepping down a...
12:16, 07/11/2019

U.S. Jobless Claims Fell to 3-Month Low During Holiday Week The number of Americans applying for first-time unemployment benefits fell last week to the lowest level since April, a sign employers remain reluctan...
12:16, 07/11/2019

Fed's Bostic Untroubled by Inflation, Demurs on Rate-Cut Prospects Atlanta Fed leader Raphael Bostic declined to say what he wants to see the U.S. central bank do with its short-term rate target at the end of the mont...
12:16, 07/11/2019

Fed's Powell Faces Senators Amid Rate-Cut Signal Federal Reserve Chairman Jerome Powell strongly signaled again that the central bank could cut interest rates later this month to bolster the U.S. eco...
12:16, 07/11/2019

Farmers Stockpiling Corn in Response to Tough Growing Conditions Following a spring planting season of relentless rain, some farmers are opting to sit on their unsold grain, banking it against a potentially diminish...
12:16, 07/11/2019

Delta Gains From MAX Grounding and High Demand Delta Air Lines raised its profit outlook for this year, as strong travel demand and the diminished capacity of competitors with grounded Boeing 737 M...
12:16, 07/11/2019

T-Mobile-Sprint Talks Slow Over Dish Ownership Talks between T-Mobile US and Sprint are dragging on over ownership issues and the new wireless company to be formed when Dish Network gets some of th...
12:16, 07/11/2019

Industry veteran Lovell to chair Interserve An industrial turnaround veteran who was parachuted into Carillion just weeks before its collapse is to take on another big outsourcing job as the nex...
12:16, 07/11/2019

First new DoD NEXRAD weather radar installed at Cannon Air Force Base The U.S. Air Force installed the first of 25 refurbished weather radar systems at the base as part of a three-agency effort to standardize the 180-rad...
11:16, 07/11/2019

Blackstone's Byron Wien: Markets are terrified of far-left Bernie Sanders and Elizabeth Warren Wall Street is pricing in the assumption that President Trump will be reelected, in addition to a U.S.-China trade deal and a Fed rate cut, Wien says....
10:00, 07/11/2019

Working On Uniform Proposal To Address Homebuyers' Grievances: Centre The top court had on asked the Centre to come out with a uniform proposal for all cases to resolve the difficulties being faced by lakhs of home buyer...
09:32, 07/11/2019

Trump Rolls Out the Red Carpet for Right-Wing Social Media Trolls A White House gathering on Thursday illuminates the influence of President Trump’s Twitter fans within the political establishment. But it also has th...
09:32, 07/11/2019

M&S sacks fashion boss with CEO to lead turnaround Marks & Spencer (M&S) says its clothing boss Jill McDonald is "leaving the business", declaring the transformation of its fashion fortunes must now "m...
09:32, 07/11/2019

The Hard-Luck Texas Town That Bet on Bitcoin—and Lost China's Bitmain said it would build the world's largest bitcoin mine in Rockdale, Texas. Then the price of bitcoin plunged, taking with it the town's ...
09:32, 07/11/2019

Twitter and Instagram Unveil New Ways to Combat Hate—Again The social media giants just released new policies to cut down on bullying and hate speech. It's not clear they'll be any more successful this time ar...
09:32, 07/11/2019

Are You a Citizen? The Trump Census Question on Trial: QuickTake When U.S. Commerce Secretary Wilbur Ross announced in March 2018 that he was adding a question about citizenship to the 2020 census, it triggered lega...
09:16, 07/11/2019

How Germany Finds a Leader If Angela Merkel Steps Down Early: QuickTake German Chancellor Angela Merkel has always said she wants to serve out her fourth term, even after ruling out another re-election bid and stepping dow...
09:16, 07/11/2019

Shakeup at NASA as space agency scrambles to meet Trump moon mandate William Gerstenmaier, a NASA veteran, was removed Wednesday as head of the agency’s human exploration office, a sudden move that comes as the agency i...
09:16, 07/11/2019

‘We will not let them get away with it’: Trump threatens social media ahead of White House summit President Trump plans to gather Republican lawmakers, political strategists and online provocateurs for a "social media summit" at the White House on ...
09:16, 07/11/2019

France Moves Toward Digital Tax, Stoking Fight With White House The French Senate voted to impose a tax on Facebook, Google and other American technology giants despite a blunt warning from the Trump administration...
08:48, 07/11/2019

Vitol faces possible $6 million fine for U.S. power market manipulation Global energy trader Vitol faces a possible fine of $6 million from a U.S. energy regulator for alleged manipulation in California's power market, an ...
08:48, 07/11/2019

Bleak China autos outlook triggers raft of profit warnings Auto suppliers Johnson Electric Holdings and Sensirion slashed their earnings forecasts on Thursday, blaming a slowdown in car sales and pessimism a...
08:48, 07/11/2019

Air China plans to buy 20 A350-900 aircraft from Airbus Air China , China's flagship carrier, will buy 20 A350-900 jets from Airbus SE worth $6.54 billion based on list prices, the carrier said on Thursday...
08:48, 07/11/2019

Wall Street banks bailing on troubled U.S. farm sector In the wake of the U.S. housing meltdown of the late 2000s, JPMorgan Chase & Co hunted for new ways to expand its loan business beyond the troubled mo...
08:48, 07/11/2019

Delta Air quarterly profit surges 39% on higher fares Delta Air Lines Inc reported a 39.3% rise in quarterly profit on Thursday, as the second-largest U.S. carrier benefited from higher fares and flying ...
08:48, 07/11/2019

U.S. probes Deutsche Bank's dealings with Malaysia's 1MDB: Wall Street Journal The U.S. Justice Department is investigating whether Deutsche Bank AG violated foreign corruption or anti-money-laundering laws in its work for state...
08:48, 07/11/2019

Europe stocks rally wanes on trade woes, earnings jitters Europe's early stocks rally faded and global bond yields rose after jitters over corporate earnings and trade doused an early rally fueled by enthusia...
08:48, 07/11/2019

Indivior says Reckitt settlement in U.S. unrelated to its cases Drugmaker Indivior Plc said on Thursday its former parent Reckitt Benckiser's $1.4 billion settlement with authorities in the United States was separa...
08:48, 07/11/2019

Reckitt to pay $1.4 billion to end opioid addiction treatment probes Reckitt Benckiser has agreed to pay up to $1.4 billion to end U.S. federal investigations into the marketing of an opioid addiction treatment by its f...
08:48, 07/11/2019

Delta CEO sees 'marginal benefit' as competitors grapple with Boeing MAX grounding Delta Air Lines Inc sees the momentum behind 6.5% quarterly revenue growth continuing throughout the year, Chief Executive Ed Bastian said, citing st...
08:48, 07/11/2019

U.S. underlying inflation firming; labor market tightening U.S. underlying consumer prices increased by the most in nearly 1-1/2 years in June amid solid gains in the costs of a range of goods and services, bu...
08:48, 07/11/2019

Oil hits six-week high on Gulf of Mexico storm, Iran tensions Oil prices hit a six-week high on Thursday as oil rigs in the Gulf of Mexico were evacuated ahead of a storm, while an incident with a British tanker ...
08:48, 07/11/2019

Cargill fourth-quarter profit dives 41% on trade tensions, U.S. floods Commodities trader Cargill Inc [CARG.UL] reported a 41% slump in adjusted quarterly profit on Thursday, citing supply disruptions stemming from the U....
08:48, 07/11/2019

Fiat bets on electric '500' as it moves on from Renault Fiat Chrysler (FCA) plans to invest 700 million euros ($788 million) in an electric makeover of its iconic Fiat 500, a top executive said on Thursday,...
08:48, 07/11/2019

Dow tops 27,000 as Trump's decision on rebate boosts healthcare The Dow Industrials crossed 27,000 points for the first time and the S&P 500 was near record highs on Thursday, lifted by technology and healthcare st...
08:48, 07/11/2019

10 Key Things To Know About Changes In PAN, Aadhaar Rules The government has announced a slew of changes in rules relating to Permanent Account Number (PAN) and Aadhaar. From allowing quoting of Aadhaar by as...
08:00, 07/11/2019

American Eagle Outfitters is following rival Abercrombie & Fitch by getting into the CBD business Teen apparel retailer American Eagle Outfitters is following in rival Abercrombie & Fitch's footsteps by getting into the booming CBD business an...
07:48, 07/11/2019

Lululemon just opened a sprawling, 20,000-square-foot store in Chicago — here's what it looks like Lululemon on Thursday morning is opening its biggest store ever, in the Lincoln Park neighborhood of Chicago. You can do a lot more than just shop the...
07:48, 07/11/2019

US hedge fund plots Four Seasons care homes bid An American hedge fund giant has waded into the auction of Britain's second biggest care home operator, setting up a potential tussle for control with...
06:48, 07/11/2019

BoE: UK banks can withstand Brexit and trade war double-whammy Britain's financial system is strong enough to cope with the shock of a trade war-driven global slowdown even if it coincides with a "disorderly" Brex...
06:48, 07/11/2019

Snap shares climb as Bank of America sees improved revenue after viral 'gender-face-swap' filter Shares of Snapchat parent company Snap rose in premarket trading on Thursday after Bank of America said a recent spike in app downloads will drive bet...
06:16, 07/11/2019

"Welcome To The Party": Winklevoss Twins To Zuckerberg On Crypto Plan The Winklevoss twins, one of the earliest proponents of crypto -- and bitcoin, in particular -- are speaking out for the first time since Zuckerberg's...
06:16, 07/11/2019

Vistara Announces International Flights, Offers Tickets From Rs 15,900 The flights between Delhi and Singapore will start from August 6, 2019 while the flights between Mumbai and Singapore will commence from August 7, 201...
06:16, 07/11/2019

How To Avail Income Tax Benefits Under National Pension System (NPS) NPS scheme: Union Finance Minister Nirmala Sitharaman increased the income tax exemption limit on withdrawal from NPS and also announced some addition...
06:16, 07/11/2019

LIC Money Back Plan-20 Years: Sum Assured, Premium, Other Details Here LIC Insurance: Life Insurance Corporation of India (LIC), the country's largest life insurer, which offers term insurance plans, endowment insurance p...
06:16, 07/11/2019

Rupee Moves Higher To 68.32 Against Dollar Rupee strengthened in tandem with other emerging market currencies after Federal Reserve chief Jerome Powell bolstered expectations of a rate cut late...
06:16, 07/11/2019

Nifty Faces Resistance Around 11,600, Support At 11,450: Choice Broking Share Market Tips: Nifty has halted its correction at 11,485 level which is 61.80 per cent Fibonacci Retracement level of its previous up move from 11...
06:16, 07/11/2019

Airlines Announce New International Flights, Check Routes, Fares Here The announcements from Vistara, GoAir and SpiceJet come at a time when the suspension of flights by Jet Airways has led to additional demand in market...
06:16, 07/11/2019

Reliance Jio 1.5 GB/Day Packs: Plans, Validity, Data, Other Benefits Here Jio Recharge Plans: Reliance Jio Infocomm, which offers telecom services under the brand name Jio, is offering recharge plans for usage of 1.5 GB of h...
06:16, 07/11/2019

As Federal Reserve Cut Looms, HSBC Favours China Shares Over India Shanghai shares have gained 17 per cent so far this year. But they slid about 7.6 per cent between early May and early June as the US-China trade war ...
06:16, 07/11/2019

IndiGo Shares Fall 9%, Closes Lower For Third Straight Day The IndiGo shares were set to finish lower for a third session in a row. In the past two sessions, IndiGo shares had declined 10.99 per cent on the Bo...
06:16, 07/11/2019

Tax On Super-Rich Decoded: Here's Your Guide To Understanding New Rules Income tax slab: "In view of rising income levels, those in the highest income brackets, need to contribute more to the nation's development," Finance...
06:16, 07/11/2019

India To Receive Below-Average Monsoon Rains In Next Two Weeks India is likely to get below-average rainfall in the next two weeks with a large deficit in the soybean and cotton growing central and western regions...
06:16, 07/11/2019

Jet Airways Crisis Led To Marginal Hike In Airfare, Says Government Civil Aviation Minister Hardeep Singh Puri said that as per the prevailing regulations, airfares are neither established nor regulated by the governme...
06:16, 07/11/2019

Here Are SBI Interest Rates On Home Loans After Latest Revision SBI interest rate: The latest key lending rate, which took effect on Wednesday, was the third downward revision this financial year, according to SBI,...
06:16, 07/11/2019

AB InBev's Asian Unit Damps IPO Price Expectations Anheuser-Busch InBev’s Asian unit has guided investors to expect its IPO to price in the lower half of a previously indicated range, though that would...
05:16, 07/11/2019

U.K. Navy Thwarts Iranian Attempt to Block BP Tanker A British warship trained its guns on three Iranian vessels that tried to block the passage of a U.K.-flagged oil tanker through the Persian Gulf, a c...
05:16, 07/11/2019

Marco Rubio Introduces a Bill to Boost the U.S. Rare-Earth Industry Legislation aimed at making the U.S. more competitive with China for processing critical rare-earth minerals is set to be introduced in Congress on Th...
05:16, 07/11/2019

France Presses On With Digital Tax Despite U.S. Probe France’s legislature gave final approval to a new tax on large tech companies, shrugging off the threat posed by a new U.S. trade probe into whether t...
05:16, 07/11/2019

Amazon to Retrain a Third of Its U.S. Workforce Amazon.com plans to spend $700 million to retrain a third of its U.S. workforce, as technology threatens to upend the way many of its employees do the...
05:16, 07/11/2019

U.S. Reaches $1.4 Billion Opioid-Drug Settlement With U.K.'s Reckitt U.K. consumer-goods company Reckitt Benckiser is set to pay $1.4 billion to settle all U.S. investigations into the sales and marketing of an opioid-a...
03:16, 07/11/2019

U.S. to Probe France's Digital Tax The U.S. is launching an investigation of France’s planned tax on digital services, marking the first major confrontation as leading economies examine...
03:16, 07/11/2019

Electric Chargers for the Home Garage While additional high-tech roadside charging facilities will make electric driving more practical, convenient home equipment sways many to go electric...
03:16, 07/11/2019

Want to Profit from a Trade War? There’s an Investment Fund for That There are funds on the market that could help you profit from American trade tensions with countries like China. But short-term bets are inherently ri...
03:16, 07/11/2019

U.S. Announces Inquiry of French Digital Tax That May End in Tariffs The investigation is the latest attempt by the Trump administration to shelter American companies, and technology firms particularly, by targeting tra...
03:16, 07/11/2019

Jeffrey Epstein’s ‘Infinite Means’ May Be a Mirage Mr. Epstein, facing sex-trafficking charges, has long been hailed as a financial wizard. He got rich with the help of two wealthy connections, but the...
03:16, 07/11/2019

‘It’s Not a Fight About Money.’ Why Bankers and Entrepreneurs Have a Stake in Hong Kong’s Protests Conrad Wu is a serial entrepreneur. He rarely takes a day off or a vacation. His days and nights are spent working on a transportation app he started ...
03:00, 07/11/2019

Domestic airfares soar in Indonesia despite government price cap When Resti Novita Sari booked to fly from Jakarta to her hometown of Padang to visit family for the Eid holiday, airfares were 40% to 60% higher than ...
02:48, 07/11/2019

Lockheed Martin to keep Pennsylvania plant open at Trump's request Lockheed Martin Corp has decided to keep the Sikorsky helicopter plant in Coatesville, Pennsylvania, open after U.S. President Donald Trump pressed it...
02:48, 07/11/2019

Asia stocks gain, dollar droops as Fed chair sets stage for rate cut Asian stocks gained and the dollar drooped on Thursday after Federal Reserve Chair Jerome Powell reinforced prospects of a U.S. interest rate cut late...
02:48, 07/11/2019

Risks aside, Trump's team sees China trade stance as strength in 2020 As trade talks resume between China and the United States, President Donald Trump's advisers are confident he can portray his stance against Beijing a...
02:48, 07/11/2019

U.S. probes Deutsche Bank's dealings with Malaysia's 1MDB: WSJ The U.S. Justice Department is investigating whether Deutsche Bank AG violated foreign corruption or anti-money-laundering laws in its work for state...
02:48, 07/11/2019

Tropical depression likely to form in Gulf of Mexico: U.S. NHC A storm system in the Gulf of Mexico could develop into a tropical depression later on Thursday, likely bringing hurricane conditions across the north...
02:48, 07/11/2019

Oil hits six-week high as rigs brace for Gulf of Mexico storm Oil futures hit a six-week high on Thursday as oil rigs in the Gulf of Mexico were evacuated ahead of a storm, while an incident with a British tanker...
02:48, 07/11/2019

Reckitt to pay $1.4 billion to end long-running Indivior probes Britain's Reckitt Benckiser has agreed to pay up to $1.4 billion to resolve all U.S. federal investigations into the sales and marketing of an opioid...
02:48, 07/11/2019

Reckitt in $1.4bn settlement over US opioid treatment probe Consumer goods giant Reckitt Benckiser said it has agreed to pay up to $1.4bn to settle US investigations into the sale and marketing of an opioid add...
01:48, 07/11/2019

Market conditions blamed as £3.3bn London IPO suspended Reinsurance giant Swiss Re has suspended plans for a £3.3bn London stock market flotation of its subsidiary ReAssure, blaming "heightened caution...
01:48, 07/11/2019

AT&T Cuts Ad Sales Staff at WarnerMedia Unit AT&T’s WarnerMedia began making significant job cuts in its ad sales division, as it continues to reshape the businesses it bought in as part of the T...
00:48, 07/11/2019

'Reshoring' Report Finds Factory Work Not Returning to U.S. Despite escalating tariffs between the U.S. and China, American imports of manufactured goods from China and 13 other Asian countries rose 9% in 2018 ...
00:48, 07/11/2019