Markets

US Charges Chinese Professor Accused of Theft to Help Huawei

Dr. Song Liuping, Huawei's chief legal officer, said Huawei has landed a de facto victory despite its voluntary dismissal of the lawsuit , but is still dis...


States Investigating Whether Google's Dominance Hurts Competition

According to Reuters , attorneys general from 48 us states, the District of Columbia and Puerto Rico are joining forces to investigate if Google is playing f...


Volkswagen ID 3 preview: This is VW's future

It's about the size of a VW Golf , and the base model will sell for around €30,000. The new VW ID.3 will be the first dedicated electric vehicle that enter...


Fed chairman Jerome Powell says he doesn't expect recession

Couple that with an overall slowdown in the global economy and Powell dropped a clue that the central bank's policymaking Federal Open Market Committee could ta...


JPMorgan's New 'Volfefe Index' For Trump Tweets: What You Should Know

American investment firm JPMorgan has come out with an index to gauge the impact of Donald Trump's tweets on usa interest rates. Trump has produced more...


China, US to hold trade talks in October as mistrust remains

Some within the Trump administration are skeptical that China is willing to make the sort of broad commitment to reforms sought by the USA that caused a breakdo...


Dow Down Over 300 Points As Measure Of Manufacturing Activity Indicates Contraction

Last week, the S&P 500 saw a 2.8% rise, while the Dow gained 3% - their strongest weekly advances since the week ended June 7. On Sunday, the USA started char...


Facebook might start hiding ‘Like’ counts for posts

That means only you will be able to see your posts' like counts, just like the feature works on Instagram . According to a study by UCLA published in Ps...


China says trade talks with U.S. to take place in October

China announced that its trade officials will travel to Washington early next month for talks with US counterparts, potentially restarting stalled negotiatio...


Confidence in services sector hits lowest level since Brexit vote

According to the latest IHS Markit's Purchase Managers' Index (PMI), it signals that the United Kingdom economy is contracting at a rate of 0.1% and unless some...


PM Modi in Russian Federation, visits Zvezda shipbuilding complex with President Putin

I also look forward to meeting other global leaders attending the Eastern Economic Forum, and interacting with Indian Industry and business representatives part...


Gold edges up on US-China tariffs; dollar caps upside

India's Sensex fell 1.6% to 36,731.51. On Sunday, the US started charging a 15% tariff on about $112 billion of Chinese products. Starting in mid-December, ...


British lawmakers vote to block no-deal Brexit amid election haggling

Urgently pressed for time, MPs would like to vote through the Brexit delay bill in all three required readings by Wednesday evening, before passing it on to t...


What you need to know about Facebook's facial-recognition technology

The social media giant also added that its "Tag Suggestions" will be discontinued. For the uninitiated, Facebook's facial recognition setting was prev...


United States manufacturing contracts for first time in 3 years

More than half of the public comments from companies surveyed by ISM pointed to the economic uncertainty as a drag on their businesses. While surveys of purchas...


Whither Brexit? Scenarios For UK Political Crisis

The next election is not officially scheduled until 2022 and under the Fixed Term Parliament Act, Johnson would need a two-thirds majority in the lower house to...


Walmart to ban shoppers from openly carrying guns in stores

Walmart is going back to its folksy hunting heritage and getting rid of anything that's not related to a hunting rifle after two mass shootings in its stores ...


Modi creates banking behemoths to boost India's flagging economy

According to these, Oriental Bank of Commerce (OBC) and United Bank of India (UBI) will be merged with their larger peer Punjab National Bank (PNB ). The cle...


US Pres. Trump: Doing very well in our negotiations with China

The Trump administration has adopted an approach of attempting to win concessions from China through tariffs. In a subsequent tweet, the president said ...


Armed group demands Popeyes chicken sandwiches at Texas restaurant

Was told to come back this day- still no sandwich". "Legit proud of you". They had just been told at the drive-through window that the store was sold out of the...


A Bugatti went a record 305 mph

The tires were even X-rayed before being fitted to the Chiron , to make sure no imperfections were present. In 1998, he reached a speed of 391 km/h (243 mph) i...


United Kingdom factory output 'falls at fastest pace for seven years'

Manufacturing accounts for 10% of British economic output. The Caixin China General Services Business Activity Index for August, which tracks the growing s...


Argentina returns to currency controls as debt crisis spirals

The decision was seen as a blow to anti-interventionist president Mauricio Macri's administration as his supporters and financial markets eye national electio...


Revised GDP Confirms Slowing Economy

The slowdown in inventory accumulation reflects robust consumer spending and an uncertain economic outlook. For all of 2019, economists estimate that GDP will...


Wall Street swings to split finish ahead of tariffs

The S&P index recorded 20 new 52-week highs and no new low, while the Nasdaq recorded 23 new highs and 12 new lows. Analysts and investors said the gains were...


Trump doesn't think he's ‘even heard of a Category 5' hurricane

The ever-shifting storm was scheduled to plow through Florida but has shifted course to veer over the Bahamas. The northwestern Bahamas is under a hurrican...


Twitter CEO's account hacked, offensive tweets posted

If the account of Twitter's CEO was compromised then how can others account be secured? Hackers could potentially use this method to send tweets from othe...


Google to pay up to $200 million to FTC on YouTube probe

The FTC's settlement with Google serves as the newest transfer towards massive tech. The settlement is set to be announced next week and will be the largest eve...


AAA: Labor Day Gas Prices Will Be Lowest in Three Years

Be patient . When you encounter construction or are in an unfamiliar area, follow the rules of the road and be a courteous driver. Gas is expected to be the m...


Singapore Airlines joins ban on MacBooks

A number of global airlines have also prohibited the devices from being carried on-board the aircraft or in checked-in luggage including Singapore Airlines and ...


Bank employees stage protest against Centre's decision to merge PSU banks

But unlike those, Nirmala Sitharaman's announcement on Friday will change the complexion of the Indian banking industry. "When the size of a bank becomes bi...


$36 mn fund to help United Kingdom nationals with European Union forms

According to the withdrawal deal agreed between Theresa May and the EU, UK nationals would have kept their freedom of movement rights during a transition period...


China trade talks planned today 'at a different level'

Apple spent decades building one of the largest supply chains in the world. The trade war escalated last week after Trump announced a tariff hike on some ...


Zero Odds of Craig Wright Crashing Bitcoin

McCormack also shared the court order that explains that the court decided not to rule Craig Wright or Keilman the rights to the name Satoshi Nakamoto ...


Number of PSBs declines to 12 from 27 after consolidation

Similarly, Dena Bank, Vijaya Bank merged with Bank of Baroda which came into effect from 1 April 2019. While he did not specify the date from when the schem...


Global shares rally, bond yields rise as China fuels trade deal hopes

Nikkei 225 futures rose 0.2% in Singapore. On Wall Street, the Dow Jones Industrial Average rose 328.53 points, or 1.26 per cent, to 26,364.63, the S&P 500 ga...


Twitter CEO Jack Dorsey’s Account Hacked

The compromised account identified the source of the hack as a group known as the Chuckling Squad, and posted multiple offensive messages starting at 3:44 p.m E...


FM Sitharaman unveils major overhaul of ailing state-run banks

Sitharaman said taht the country will now have just 12 government-owned banks as opposed to 27 in the past. Similarly, Indian Bank and Allahabad Bank wi...


Popeyes Sold Out Of Chicken Sandwiches; I'm Going To Help

Craig Barr of East Ridge, Tennessee filed a summons accusing the restaurant of false advertising and deceptive business practices. He then described how awf...


India’s GDP growth slows to 5%, more stimulus expected

The Gross Value Added (GVA) growth in the manufacturing sector tumbled to 0.6 per cent in the first quarter of this fiscal from 12.1 per cent expansion a year a...


Mega bank merger? Sitharaman's meet with PSU chiefs sparks speculation

The government also announced the merger of Indian Bank with Allahabad Bank . Prior to this, the government had merged five associate banks of SBI and Bhar...


Google Hire to be shut down

Google said Hire customers can continue to use the platform until their contract ends or September 1, 2020. Till then there will be no updates on this product. ...


Forever 21 May Declare Bankruptcy

The Los Angeles-based fashion chain founded by South Korean immigrants 35 years ago has admitted its effort to restructure its massive debt has stalled. One of ...


Govt Relaxes FDI Norms For Several Sectors To Boost Growth

Commerce and Industry Minister Piyush Goyal said the Cabinet approved 100% foreign direct investment in coal mining and associated infrastructure. Surjewa...


U.S. crude rises 1.7% on big inventory draw, hurricane fears

The lines will eventually have a combined capacity of more than 1 million barrels per day (bpd), the companies have said. On Wednesday, the 28th of August 201...


Toyota, Suzuki to acquire stake in each other, strengthen alliance

Suzuki Chairman Osamu Suzuki told Kyodo News that he asked Toyota President Akio Toyoda for a capital partnership in May. Toyota and Suzuki will jointly ...


Popeyes to alert fans when sold-out chicken sandwiches make return

The Louisianan chicken store, which is owned by Restaurant Brands International (RBI), is now searching for a global chief marketing officer - a new position fo...


Asian markets rise on optimism about US-China trade war

However, investors who had run to the hills in the morning returned in later trade after he said in a G7 news conference in France that negotiations would resum...


Brexit: Ireland will not support removing backstop, says Coveney

He wants it replaced by alternative ways of guaranteeing an open border and says Britain will leave the European Union on Oct 31 with or without an exit deal. "...


Anthony Levandowski Charged With Stealing Google's Self Driving Car Files

The indictment , which was unsealed on August 26, alleges that Levandowski downloaded confidential engineering, manufacturing, and business documents from Goog...