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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 ...

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Breaking News

Russell Westbrook's mega-contract could impact his decision on future — Paul George

Twitter dwellers noticed and celebrated an interesting coincidence - that the Westbrook-Thunder deal was finalized on Durant's 29th birthday. Oklahoma City Thunder star Paul G...

Senior Audi engineer is arrested over diesel scandal

Since admitting to installing emissions-cheating software in 11 million diesel cars across the world, Europe's largest carmaker has been in talks with customers and governments ove...

Uber Rival Lyft Has Been Cosying up With London Transport Officials

The Sun newspaper reported past year that 32 sexual assault claims were made against Uber drivers in 2015/16, more than a fifth of all claims against taxi drivers filed to Brit...

Uber will No Longer be Allowed to Operate in London

While we haven't been asked to make any changes, we'd like to know what we can do. The ban will add to the cost of living in what is already the UK's most expensive city Speaking...

Tesla working with AMD to develop chip for self-driving car

GlobalFoundries, which fabricates chips, has a wafer supply agreement in place with AMD . Tesla is reportedly working on a chip to handle all the tasks needed to power the f...

Italian antitrust authority to investigate Ryanair over mass cancellations

He again apologised for the disruption, which he said was down to mismanagement of the pilots' rostering system. O'Leary told Ryanair's Annual General Meeting that it did not...

Flipkart Big Billion Days 2017 - All Offers & Latest Deals

Moreover, Front load washing machine from IFB is also available under Rs 20,000. Without any offer, the Honor 6X (Review) will be available at Rs. 11,999 and Rs. Another Micromax...

Toys R Us files for bankruptcy in the USA and Canada

The Canadian retailer said it's opening its 56th store in Orleans, Ont. Tuesday and plans to have locations open later this year in Sudbury, Ont., Langford, B.C., Fredericton, and ...

Millions of users infected after hackers hide backdoor in CCleaner

In a blog post , the company's VP of Products Paul Yung said that another one of it software products, CCleaner Cloud (version 1.07.3191), has also been affected. Hackers broke in...

Thousands of air passengers stranded in New Zealand after fuel pipeline bursts

Flights have been affected, with airlines told to fill plane tanks to capacity at other airports before flying to Auckland , and long-haul global flights told to plan for re-fuel...

Special Reports

Leishman backs up good start with a low score at BMW

Leishman backs up good start with a low score at BMW

Fowler got off on the right foot by sinking a 25-foot eagle putt on the opening hole, but mustered just one birdie the rest of the day. Jason Day holes out as he takes the lead...

FTC is investigating the Equifax breach

FTC is investigating the Equifax breach

The FTC said it's investigating Equifax's breach on Thursday. Equifax may not be the largest data breach ever in terms of the number of people affected, but it may be more sign...

Air Berlin cancels 100 flights after 200 pilots call in sick

Air Berlin cancels 100 flights after 200 pilots call in sick

Lufthansa's low cost subsidiary, Eurowings , which is renting aircraft and pilots from Air Berlin , also had to cancel flights. Passengers booked to travel on the cancelled se...

Tesla Extends EV Range For Hurricane Irma Evacuees

Tesla Extends EV Range For Hurricane Irma Evacuees

If 60kWh buyers found they needed more range and wanted to upgrade later, they could... or if Tesla wanted to suddenly bestow owners with some extra range in case of an emergency...

Equifax changes fine print for TrustedID Premier free credit monitoring

Equifax changes fine print for TrustedID Premier free credit monitoring

That detail, which has gotten a little overblown in its rounds on social media, has inspired nearly as much anger as the hack itself. "You need to take more action", one consume...