Finance

Mike Pompeo confirms China was behind massive Marriott hack

We're starting to get a clearer picture of who authorities believe is responsible for the massive hack of the Marriott hotel chain in recent weeks that compro...


UK Wages Grow at Fastest Rate in a Decade, But Unemployment Rises

That is the highest figure since records began in 1971. Today's (11 December 2018) figures also reveal the youth unemployment rate has nearly halved since 2...




Shaktikanta Das, First Odia To Be Appointed RBI Governor

Economic Secretary Subhash Chandra Garg , who is on the board, said last month he wanted to discuss changes to the central bank's governance structure and se...


China said to agree to auto tariff cut as trade talks continue

The proposal, the timing of which remains uncertain, comes as the two countries restart trade talks. President Trump suggested that he had won a concession du...


Congress drafts compromise Farm Bill, eliminates SNAP work requirements

Heitkamp said the final bill mirrors the Senate's version "with a few minor tweaks". The 2018 Farm Bill takes away the threat of DEA against companies for selli...


Taiwan Reinforces Ban on Huawei Network Equipment

A SoftBank Group Corp spokesman said Japan's third-largest telco was closely watching government policy and is continuing to consider its options. Last week...


Company recalls tampons due to 'quality-related' defect

Retailers across the USA and Canada are pulling some Kotex tampons off store shelves after Kimberly-Clark recalled the product, citing multiple complaints of ...


Ballot opens for Tory MPs to cast votes on Theresa May's leadership

The vote will take place until 8pm, with the result announced soon afterwards. "If we can't go forwards with her deal. then I'm afraid the only way to change ...


France Yellow Vest protest: President Macron vows HUGE €100 pay rise

And he called on all businesses "that can afford it" to give employees a one-off "end of year bonus" which would be tax free. On Monday night, Macron made them ...


Britain's May to face no-confidence vote by her own lawmakers

But European Commission President Jean-Claude Juncker warned that the agreement- nearly 600 pages long, highly technical and legally binding - can not be re-ope...


Will Uphold Autonomy, Values: New RBI Chief Shaktikanta Das

Markets finished on a much higher note on Wednesday with the benchmark BSE Sensex rising over 600 points after appointment of new Reserve Bank of India ( R...


Saudi energy minister says he discussed oil market with Rick Perry

OPEC cuts: sufficient or not? "We will wait and see to take a decision on extending the production reduction agreement after six months", he said. Richard R...


ACCC's damning find on Google and Facebook

The report makes preliminary recommendations aiming to address Google and Facebook's market power and promote increased consumer choice, including a proposal ...


Google CEO Sundar Pichai Testifies Before House Judiciary Committee

In August, he said search results for news were "rigged for me and others, so that nearly all stories & news is BAD". Pichai, 44, an IIT Kharagpur alumnus, fa...


Verizon says 10,400 managers accept buyout offer

Verizon Communications on Monday said 10,400 employees are taking a voluntary buyout, the latest example of corporate downsizing as big companies shift from old...


Jimmy Dean recalling 29,000 pounds of sausage

The links were were produced and packaged on August 4, 2018. "Each package bears the establishment code M19085 or P19085, a "use by" date of January 31, 2019 ...


In desperate attempt to save Brexit deal, May heads to Europe

Donald Tusk, president of the European Council, said the EU was prepared to discuss "how to facilitate" the UK's ratification of the agreement but not the subst...


Reporter's Notebook: Riots in Paris streets ahead of Macron address

Macron's last major address to the nation was on Nov 27, when he said he would not be bounced into changing policy by "thugs", but following last week's riots, ...


U.K. PM May to postpone Brexit vote

The EU is prepared to add wording to the effect it has no wish to force the United Kingdom into a never-ending "backstop" arrangement in the absence of a broade...


Sensex crashes over 650 points; Nifty below 10500

The 50-share Nifty , on the other hand, slipped almost 200 points to slip below the 10,500 mark in intra-day deals. The Indian rupee slipped in the early tra...


May calls off historic Brexit vote

But she does believe she can get the deal through if she addressed the issues of her fellow MPs and says that is what she aims to do within coming days. "It too...


Pound slips to 18-month low as May pulls Brexit vote

The government had repeatedly insisted the Tuesday vote would go ahead as planned, including after her meeting with the ministers, when May's spokesperson brief...


Yellow Vest Protests Put a Dent in French Economic Growth

The French leader reiterated earlier promises to raise the minimum wage and pledged to abolish taxes on overtime pay starting January 1, several months before s...


Amazon to expand its Go stores at airports

We've been hearing a lot about Amazon Go the past few years, with Amazon pushing itself into the high street with shops that let you pick up stuff and walk out ...


Qualcomm wins import ban against several Apple iPhones in China

Another patent involves the ability for users to manage applications using a touchscreen while viewing, navigating, and dismissing apps on their phones. However...


Ted Baker CEO to step away amid investigation of conduct

It's for that reason that I have made a decision to take a temporary leave of absence. In a statement released after the London market close, the fashion reta...


Urjit Patel resigns as RBI governor, cites ‘personal reasons’

Acknowledging his contribution, Prime Minister Narendra Modi tweeted that Patel steered the banking system from chaos to order and ensured discipline. The m...


China summons Canadian ambassador over Huawei CFO's arrest

Vice Foreign Minister Le Yucheng summoned U.S. ambassador Terry Branstad one day after he called in Canadian envoy John McCallum to voice China's displeasure....


May in fight for her political future ahead of Commons Brexit vote

The Prime Minister warned Tory would-be rebels the country would be in "uncharted waters" if the deal is rejected. "We have a leader of the Opposition who thi...


Elon Musk suggests Tesla's new chairwoman won't rein him in

And no, I'm not referring to him admitting that he has no idea how to smoke weed . "Who knows?" Musk said. Mr. Musk said he is abiding by the terms of the sett...


Carlos Ghosn 'had planned to sack his accuser' at Nissan

On Monday, he was charged with making a mis-statement on Nissan's annual securities report. Ghosn and Kelly were also served fresh arrest warrants the same da...


Brexit Secretary: Crunch commons vote to go ahead amid criticism and protests

On Sunday evening, Mrs May spoke on the phone to Irish Prime Minister Leo Varadkar, whose support could be vital if she were to negotiate further with the EU. H...


British Columbia trade trip to China cancelled over Meng detention

A Canadian prosecutor urged a Vancouver court to deny bail to Meng, whose case is shaking up U.S. There are fears China could detain Canadians in retaliatio...


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