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Search results for: global

Trump fires national security adviser John Bolton

-- September 11, 2019 10:45:07

US President Donald Trump abruptly fired his national security adviser John Bolton amid disagreements with his hard-line aide over how to handle foreign policy challenges such as North Korea, Iran, Af...

WeWork IPO valuation likely below $20 billion, clouding SoftBank’s vision

-- September 10, 2019 20:29:01

WeWork owner The We Company is weighing slashing the valuation of its forthcoming IPO to below $20 billion, two sources said, in the latest headwind for leading shareholder SoftBank Group whose key gr...

Ford makes big electric push in Europe with new launches

-- September 10, 2019 19:45:40

Ford Motor Co said on Tuesday it would launch eight electric vehicles in Europe this year, a key step in its target of achieving a majority of its overall sales from electric cars by the end of 2022,...

White House adviser urges patience in US-China trade talks

-- September 10, 2019 19:07:39

White House adviser Peter Navarro on Tuesday called for investors, the public and others to be patient ahead of key US-China trade negotiations planned for next month between top officials in Washingt...

Bengaluru Goldman official swindled 380 million to pay off poker debt

-- September 10, 2019 18:41:39

A senior executive of global investment firm Goldman Sachs was arrested in Bengaluru on Tuesday for allegedly swindling the firm of Rs. 380 million to overcome financial losses while playing an online...

RBI external benchmark for bank loans credit negative: Moody’s

-- September 10, 2019 17:19:25

Moody’s Investor Service on Tuesday said the RBI’s mandate on aligning commercial bank floating loan rates to the external benchmark from next month is credit negative for Indian banks, re...

SoftBank urges WeWork to shelve IPO over valuation concerns

-- September 10, 2019 16:25:50

SoftBank Group, a leading shareholder in the holding company of US office-sharing startup WeWork, has urged it to shelve a planned IPO on concerns over the valuation, the Financial Times reported on M...

Nissan CEO resigns after admitting he was overpaid

-- September 10, 2019 15:46:25

Nissan CEO Hiroto Saikawa has resigned, dealing a new blow to the Japanese carmaker as it struggles to recover from the ousting of Carlos Ghosn last November, reports CNN Business. The company’...

Nikkei ends at six-week high

-- September 10, 2019 15:19:50

Tokyo shares closed higher Tuesday, with the benchmark Nikkei stock index ending at a six-week high as investor sentiment was bolstered by the yen's retreat against the US dollar. The 225-issue Nikke...

Apple may spark upgrade rush with new iPhones

-- September 10, 2019 14:40:37

Apple Inc could sell as many as 200 million of its latest iPhones from existing users upgrading their older devices and much of that demand will come from China despite an ongoing trade war, several W...

Asian stocks weaken as China's factory-gate prices fall sharply

-- September 10, 2019 14:19:15

Most Asian stocks swung lower on Tuesday, weighed by Chinese markets after mainland factory-gate prices shrank at their fastest pace in three years while reports of German stimulus plans pushed global...

European shares open lower

-- September 10, 2019 14:07:09

European shares opened lower on Tuesday as investors stayed on the sidelines ahead of the European Central Bank’s monetary policy meeting later this week, reports Reuters. Weak factory data fro...

Oil rises for fifth day on expectations of extended output cuts

-- September 10, 2019 13:53:39

Oil futures rose for a fifth day, rising to their highest in almost six weeks, on optimism that OPEC and other producing countries may agree to extend output cuts to support prices, reports Reuters....

Xiaomi unveils 30W wireless charging technology

-- September 10, 2019 13:38:18

Chinese handset maker Xiaomi has showcased its 30W wireless fast charging technology that it calls Mi Charge Turbo, which aims to charge a 4,000mAh battery from 0 to 50 per cent in just 25 minutes, re...

Alibaba’s Jack Ma steps down as industry faces uncertainty

-- September 10, 2019 12:56:58

Alibaba Group founder Jack Ma, who helped launch China's online retailing boom, stepped down as chairman of the world's biggest e-commerce company Tuesday at a time when its fast-changing industry fac...

India to restore 26m hectares of degraded land by 2030: Modi

-- September 10, 2019 11:05:50

NEW DELHI, Sept 10: India will restore 26 million hectares of most degraded and vulnerable land by 2030 by adopting a landscape restoration approach. “This will be focused on restoring land pro...

North Korea fires two more projectiles

-- September 10, 2019 10:55:38

North Korea launched two projectiles toward the sea on Tuesday, South Korea’s military said, hours after the North offered to resume nuclear diplomacy with the United States but warned its deali...

Huawei drops lawsuit against US over seized equipment

-- September 10, 2019 10:36:54

China’s Huawei Technologies Co Ltd has dropped a lawsuit against the US government after Washington released telecommunications equipment it had seized on suspicion of violations of export contr...

Japan’s April-June GDP growth revised down to 1.3pc

Xinhua September 09, 2019 15:33:05

Japan's economic growth was downwardly revised from an initial annualised real 1.8 per cent in the April-June quarter to 1.3 per cent in the period, the government said in a report on Monday. Accordi...

British Airways pilots ground planes in 48-hour strike

-- September 09, 2019 13:13:12

British Airways pilots began a 48-hour strike on Monday, grounding nearly all its flights and disrupting thousands the plans of travelers in unprecedented industrial action over a pay dispute. The Br...

Mymensingh road mishap kills two

-- September 09, 2019 12:05:25

Two people were killed being hit by a truck in Bagar Bazar Signboard area in Trishal upazila of Mymensingh on Monday. The deceased were identified as Fazlu Mia, 50 and Alauddin Mia, 70 of Narayanpur...

Strong typhoon hits Tokyo, leaving one dead

-- September 09, 2019 11:46:10

One of the strongest typhoons to hit the Japanese capital in recent years hit just east of Tokyo on Monday, killing one woman, with record-breaking winds and stinging rain that threatened to burst riv...

More Americans will die: Taliban

-- September 09, 2019 11:12:54

President Donald Trump's decision to cancel Afghan peace talks will cost more American lives, the Taliban said on Sunday while the United States promised to keep up military pressure on the militants,...

Act now to get ready for recession, think-tank urges UK

Reuters September 09, 2019 10:54:51

Britain is not ready for its next recession and must consider changes to the way it manages its economy to see off the downturn when it comes, the Resolution Foundation, a think-tank, said on Monday....

China's August forex reserves rise to $3.1072 trillion

Reuters September 08, 2019 15:43:24

China’s foreign exchange reserves rose unexpectedly in August, even as the yuan posted its biggest monthly drop in 25 years amid escalating trade tensions with the United States. The country&rs...

One dead, 29 injured in China earthquake

Xinhua September 08, 2019 14:49:13

One was killed and 29 others were injured as of 10 am after a 5.4-magnitude earthquake jolted Weiyuan County of Neijiang City in southwest China's Sichuan Province at 6:42 am Sunday, local government...

UK Work and Pensions Secretary quits govt in Brexit protest

-- September 08, 2019 12:22:42

Britain’s Work and Pensions Secretary Amber Rudd resigned from the government and the ruling Conservative Party on Saturday in a protest over Prime Minister Boris Johnson’s handling of the...

Iran seizes ship for ‘fuel smuggling’ in Gulf, holds 12 crew

-- September 07, 2019 14:31:23

Iran’s coast guard has seized a vessel for allegedly smuggling fuel in the Gulf and detained its 12 crew members from the Philippines, the semi-official news agency ISNA reported. The vessel wa...

Brexit: MPs willing to go to court to enforce delay

-- September 07, 2019 14:15:19

British MPs, including Tories expelled from the party, are preparing legal action in case the PM refuses to seek a delay to Brexit. A bill requiring Boris Johnson to ask for an extension to the UK's...

Brazil to hire short-term environmental enforcers

-- September 07, 2019 10:44:53

Brazil doesn’t have the funding to hire more permanent environmental enforcement agents in the wake of surging Amazon fires but will contract local environmental police on a short-term basis, En...