Markets

News

USA charges Platinum Partners founder, others with $1 billion fraud

Attorney in Brooklyn, said in a statement . On or about December, 13, 2015, Nordlicht, Landesman and an unnamed co-conspirator sent emails "that contemplated Nordlicht and Co-Conspirator 1 fleeing from the United States and illustrated their knowled...

Japan passes China as the largest non-US holder

Japan's holdings of U.S. Treasury debt totaled $1.1319 trillion as of the end of October, down $4.5 billion from a month earlier. Figures for foreign ownership of U.S. Beijing purchased U.S. Treasuries to keep its currency weak as it worked to grow...

Yahoo admits it's been hacked again, and 1 billion accounts were exposed

The perpetrators may have landed names, email addresses, telephone numbers, dates of birth, masked passwords, and security questions and answers . There would have to be significant damage to the value of Yahoo's business, like if it caused many...

JCI Continues Decline as US Fed Rate Hike Triggers Fund Outflows

Meanwhile, fixed-rate changes vary from a slight decrease of 0.05% for one-year fixed loans to a 0.26% increase for three-year fixed loans. Indonesia's central bank kept its benchmark interest rate unchanged for a second month as more policy tighteni...

Ronaldo caps dream year with fourth Ballon d'Or

Born into a poor family in Madeira to a cook and a gardener as the fifth child, Cristiano's road to success was full of challenges and adversities, more than what Lionel Messi - another great footballer of his generation had to face. "Any player coul...

PM Modi a 'good reformist': Malaysia PM Razak

The Prime Minister told the gathering that a number of steps have been taken to attract greater FDI and listed the various steps taken in this direction. Roads railways, ports upgraded. India's initiatives including a Project Development Fund and L...

Barclays Capital Issues Price Target With 9.27% Upside On Esure Group Plc

Barclays PLC reissued an "equal weight" rating and issued a GBX 685 ($8.70) price objective on shares of UBM Plc in a research note on Wednesday, August 31st. If you are viewing this news story on another website, it was stolen and reposted in viola...

Reliance Jio Prompts Other Telcos Towards Providing Free Services

The company said these plans are available for all 2G, 3G and 4g customers with a validity of 28 days. These developments are a clear indicator of the intensive degree of competition in the 4G wireless segment. The operator, just like Airtel , has l...

Markets in the green in early trade

The broader NSE Nifty soared 144.80 points, or 1.79 per cent, to close the day at 8,246.85 after shuttling between 8,256.25 and 8,151.75. "The rupee, however, lost its early gains to the U.S. "Key benchmark indices traded the day in a narrow, albeit ...

US moves to block Chinese purchase of German tech firm Aixtron

The Treasury Department announced Friday that Obama would veto semiconductor maker Fujan Grand Chip's acquisition of the US business of Aixtron SE . "We hope the external parties will not over-interpret that or make any political intervention", said...

US investigating leak related to Petraeus case

Each candidate offers different merits and drawbacks, making it a hefty decision for a 70-year-old maverick NY real estate tycoon, who has never previously held office. Once the top US military commander in Iraq and Afghanistan, Petraeus was sentence...

GoPro to cut about 15 percent of workforce

The entertainment division was a recent development by the company, born from an idea to build on the sales that already resulted from viral GoPro-shot videos and stories of the cameras surviving odd conditions. The company anticipates booking most ...

Oil tumbles as output cut looks elusive, shares slip

The benchmark index has risen 12 percent since Donald Trump was elected president earlier this month, which triggered a spike in Treasury yields on heightened expectations of increased fiscal spending and inflation. The dollar plummeted more than 1.6...

4th-Ranked Tar Heels Hand Cowboys First Loss

I was really proud of the way he played tonight. Reports have already named Fedora as a possible candidate for the LSU job, and others could come knocking depending on which positions open up at the end of the year. "It's uncomfortable for me", Wil...

Screwfix digital sales contribute to Kingfisher growth

Like-for-like sales increased 1.8% year-on-year to £2.96bn ($3.7bn) in the three months to 31 October, following a 3% growth in the previous quarter. "Sales have been driven by Poland and the United Kingdom, especially Screwfix, offset by softer sa...

Allow Old Rs.500 Notes For Another Ten Days

Many of them have however found a new job: to stand in the queue to exchange old currency notes of their employers for the new ones for a commission. 'I was told by the officials that their branches in overseas locations are not authorized to exchang...

Banks have enough cash for exchange: RBI

Initial euphoria over being able to withdraw money evaporated as people found that there were no takers for the new Rs 2000 note which they were getting at banks and ATMs. "Further, the vans have to make multiple trips to refill the ATMs as they ge...

Demonetization: RBI announces new steps to decrease cash crunch

In Karnataka, Chief Minister Siddaramaiah took stock of the prevailing situation in the state in the wake of demonetisation of Rs 1,000 and Rs 500 notes by the central government. Cash-strapped people started making a beeline outside ATMs from early ...

Alibaba's Singles Day smashes sales record in 15 hours

Alibaba smashed its Singles' Day shopping record on Friday clocking over 23 percent growth, the Chinese e-commerce giant said on Friday. As of 9 AM (local time), total sales across 16 of China's major e-commerce platforms had already topped ...

Search

Breaking News

"One Is To One": Mamata Banerjee's Template For 2019 General Elections

By the time she ended her rounds for the day, the Trinamool Congress chief said the Mayawati-Akhilesh Yadav format could be replicated in many other states. "Delhi is a part of Ind...

Jaguar and Waymo announce self driving auto deal and driverless I-Pace

Companies planning to launch driverless car services generally supplement existing hardware on vehicles supplied by auto makers with their own self-driving technology. Waymo CEO ...

Nearly 100 jobs to go in Toys R Us distribution hub closure

Retail Group, and Party City Holdco Inc., which often open pop-up stores around the Halloween season and fill their stores with Halloween gear, toys and props. "I am very disappoin...

Powell marks start of Fed tenure with rate rise

There were no dissents to the vote to raise rates. Americans with credit card debt are especially vulnerable to rising interest rates. The central bank continues to project three r...

Amazon to buy Toys R Us?

Shoppers visiting the soon-to-close Toys R Us store in Johnson City may have been surprised to see signs indicating the business was hiring. In February began going-out-of-business...

Dog bound for Kansas ends up in Japan

The Kansas breeder said her French bulldog Tilley will get some extra hugs tonight. A flight attendant, anxious that the carrier did not fit under the seat, instructed the owners ...

Trump 'On the Same Wavelength' as Mike Pompeo on North Korea

Tillerson had visited Nigeria on the last leg of his official visits to Africa, and met President Muhammadu Buhari, during which they discussed issues of mutual interest to both c...

Fake news travels six times faster than the truth on Twitter

The final statistics show that it took "the truth about six times as long as falsehood to reach 1500 people and 20 times as long as falsehood" to "cascade", or spread new inf...

Goldman CEO Blankfein to step down as soon as year-end

Lloyd Blankfein could step down as Goldman Sachs Group Inc (GS.N) chief executive as soon as the end of the year, the Wall Street Journal reported on Friday, swiveling the focu...

Allscripts Launches EHR-Integrated Lyft Transportation Service

The ride cost for the patients will be covered by the health care providers. With it, businesses can schedule rides for individuals. In the previous year alone, 3.6 million peop...

Special Reports

United tried to replace bonuses with a $100000 lottery

United tried to replace bonuses with a $100000 lottery

United Airlines appears to have had a change of heart about its decision to replace quarterly employee bonuses with a lottery system . A new staff bonus reward program implemen...

Amazon Could Soon Offer Checking Accounts

Amazon Could Soon Offer Checking Accounts

That JPMorgan Chase & Co.is seemingly among the first banks Amazon has approached about the project is most likely no coincidence. Sie Soheili, a spokesman for Capital One, and...

U.S. security concerns delay Qualcomm vote on $142bn Broadcom sale

U.S. security concerns delay Qualcomm vote on $142bn Broadcom sale

CFIUS asked Qualcomm to delay the Broadcom takeover vote which was supposed to happen on Tuesday. Qualcomm's shares fell 4 percent in trading before the bell. "It is critic...

Gold plunges Rs 460 on weak global cues, fall in demand

Gold plunges Rs 460 on weak global cues, fall in demand

The S&P 500 lost 36.16 points, or 1.33 percent, to 2,677.67 and the Nasdaq Composite dropped 92.45 points, or 1.27 percent, to 7,180.56. But stocks mounted a huge rebound, clawing ...

Crude export disruptions from key terminal after Libyan oil field production halt

Crude export disruptions from key terminal after Libyan oil field production halt

Brent crude rose 20 cents to $67.51 per barrel and US West Texas Intermediate futures had climbed 41 cents as of 11:35 a.m. EST, with both contracts reaching their highest increa...