Business

India rupee: Opposition say cash crackdown was disaster

India rupee: Opposition say cash crackdown was disaster

The CPI-M termed demonetisation as a "money laundering exercise that helped convert black money into white" at the expense of people and asked prime minister to come clean on it and fix accountabili...

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FRANKFURT MOTOR SHOW: Smart vision EQ fortwo concept

FRANKFURT MOTOR SHOW: Smart vision EQ fortwo concept

Here's a closer look at the vehicle. It is integrated with swarm intelligence in a move the sub-brand suggests will make its future models and associated car-sharing fleets even more convenient and ef...

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Frankfurt to evacuate more than 60000 people to defuse WWII bomb

Frankfurt to evacuate more than 60000 people to defuse WWII bomb

More than 50,000 were evacuated from Hanover in May after another bomb was found just before a construction project, and on Christmas Day 2016 50,000 more were evacuated from Augsburg after a 1.8-to...

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Apple joins consortium in revised £14bn bid for Toshiba's chip business

Apple joins consortium in revised £14bn bid for Toshiba's chip business

Toshiba is the world's second largest producer of Nand memory chips, which are used in smartphones and computers. Western Digital , which has jointly invested in Toshiba's Yokkaichi flash memory pl...

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Mumbai rains: City gets back on track a day after heavy showers

Mumbai rains: City gets back on track a day after heavy showers

According to the Meteorological Department, more heavy rain was expected Wednesday and the local government asked all schools and colleges to shut down for a day. A Chhatrapati Shivaji International A...

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Mumbai Rains: After worst floods since 2005, significant relief ahead

Mumbai Rains: After worst floods since 2005, significant relief ahead

Mumbai: Even as the heavy rains receded on Wednesday, consumers stayed away, causing business to drop by over 50% in Masjid Bunder, India's largest wholesale market, in the heart of Mumbai . Express...

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Qantas extends Emirates partnership for further five years

Qantas extends Emirates partnership for further five years

The Australian airline added that the moves will also deliver financial benefits to both airlines, with Qantas' annualised net benefit estimated at more than A$80 million (Dh231m) from 2019 onwards. "...

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Oil markets roiled as Harvey hits United States petroleum industry

Oil markets roiled as Harvey hits United States petroleum industry

The massive rainfall has restricted ship traffic in ports across the Texas Gulf Coast from Corpus Christi to the Sabine Pass , with further restrictions likely in Louisiana as the storm crawls east. ...

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National Bank of Canada (NTIOF) Issues Quarterly Earnings Results

National Bank of Canada (NTIOF) Issues Quarterly Earnings Results

The company has a market cap of $18.93 billion and a price-to-earnings ratio of 11.74. Analyst John Aiken of Barclay's Capital writes in a note that the adjusted earnings were in line with his estim...

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Government To Look For Transaction Advisers For Air India Disinvestment

Government To Look For Transaction Advisers For Air India Disinvestment

Bird Group was founded in 1971 and runs hotels, and offers travel technology, aviation, hospitality, luxury retail and education services. "We have made a decision to appoint transaction advisers", he...

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What Can Warren Buffett Buy With His Billions?

What Can Warren Buffett Buy With His Billions?

Buffett's investment is now worth $16.51 billion, meaning he has made a capital gain of almost $12 billion. That was just what Berkshire was waiting for . real estate trust with exposure to retailer...

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Are Analysts Bearish Digital Realty Trust, Inc. (NYSE:DLR) After Last Week?

Pictet Asset Limited holds 0.87% or 2.03M shares in its portfolio. Ingersoll now has $21.38B valuation. Shares last traded at $74.16 just below the 50 day moving average of $77.18 and which is margi...

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Cong seeks PM's apology on noteban; 'Shame on RBI':Chidambaram

Cong seeks PM's apology on noteban; 'Shame on RBI':Chidambaram

This amounts to 1.3 percent of the Rs 1,000 notes in circulation before the demonetization announcement on November 8, 2016. These people were identified by the I-T department through Operation Clean ...

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Christie Keeps Criticizing Cruz's Vote Against Sandy Aid: 'The Past Is Prologue'

Peter King (R-NY) on Sunday, a follow up to his previous post " Ted Cruz & Texas cohorts voted vs NY/NJ aid after Sandy but I'll vote 4 Harvey aid". "Disaster relief needs to be focused on the ...

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Brokerages Anticipate Comcast Corporation (CMCSA) to Post $0.49 Earnings Per Share

Brokerages Anticipate Comcast Corporation (CMCSA) to Post $0.49 Earnings Per Share

Schmeidler A R & Company Inc decreased its stake in Marsh And Mclennan Cos Inc (MMC) by 4.78% based on its latest 2016Q4 regulatory filing with the SEC. Comcast Corporation (NASDAQ:CMCSA) has risen 28...

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Louis Trust Co Continues To Keep Stake in Cisco Systems,

Fifteen investment analysts have rated the stock with a hold rating and twenty have assigned a buy rating to the stock. RBC Capital Markets maintained Cisco Systems, Inc. Several research analysts rec...

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Hurricane Harvey paralyses a fifth of U.S. fuel output

Hurricane Harvey paralyses a fifth of U.S. fuel output

Refineries along the Texas Gulf Coast began shutting down operations on Friday and, as of Tuesday, about 20% of total USA refining capacity was offline. An estimated 300,000 to 500,000 barrels a d...

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Watching the Tape Move for Bio-AMD Inc (BIAD)

Watching the Tape Move for Bio-AMD Inc (BIAD)

It has underperformed by 9.99% the S&P500. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating and five have assigned a buy rating to the company's st...

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'This Looks Like a War Zone': Floodwaters Rising in Port Arthur, Texas

'This Looks Like a War Zone': Floodwaters Rising in Port Arthur, Texas

The local CBS affiliate reports that there are no resources for water rescues in the city as a wall of water descends on its residents. The National Weather Service has issued flash flood emergencie...

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Harvey unlikely to have major impact on capital region gas prices

Harvey unlikely to have major impact on capital region gas prices

This compares with the national average that has increased 3.9 cents per gallon in the last week to $2.36/g, according to gasoline price website GasBuddy.com. In the Capital Region, the immediate ...

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Risk of chemical plant explosion near Houston prompts evacuation after Harvey

Risk of chemical plant explosion near Houston prompts evacuation after Harvey

However, they do call the risk of a fire or explosion "real". The plant lost refrigeration when backup generators were flooded, and workers transferred products from warehouses into diesel-powered ref...

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FDA announces firmware update to resolve cybersecurity vulnerabilities in Abbott pacemakers

FDA announces firmware update to resolve cybersecurity vulnerabilities in Abbott pacemakers

Jude's stock and announced what it said were grave cybersecurity vulnerabilities that render St. Jude heart-rhythm devices vulnerable to computer hacking. The recall applied to devices implant...

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Alexa and Cortana join forces to take on Google Assistant and Siri

Alexa and Cortana join forces to take on Google Assistant and Siri

Long term, Amazon CEO Jeff Bezos says that he hopes this won't be necessary and that each device's primary assistant will be able to defer tasks to the secondary assistant as appropriate. This wil...

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United States annual growth rate revised up to 3% in second quarter

United States annual growth rate revised up to 3% in second quarter

The second estimate of the second quarter growth report implies that the US economy is on a stronger footing than was expected earlier with revised up more than expected. Many economists had been fore...

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New Uber CEO Dara Khosrowshahi's first words to staff

New Uber CEO Dara Khosrowshahi's first words to staff

Uber has yet to confirm reports that Dara Khosrowshahi will replace ousted Travis Kalanick as chief at the world's most highly valued startup. Uber took Monday and much of Tuesday to finish u...

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Cummins Beats Tesla To The Punch And Introduces An All-Electric Heavy-Duty Truck

Cummins Beats Tesla To The Punch And Introduces An All-Electric Heavy-Duty Truck

Given stricter emission regulations coming into force in coming years, plus some cities possibly banning the use of vehicles powered exclusively by internal combustion engines, we should see more and ...

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New Porsche Cayenne Goes For A Spin

New Porsche Cayenne Goes For A Spin

It is carrying 65 kg less machinery in its interior. An empty Cayenne will tip the scales at 4,376 lbs. The design team says the new look creates a strong visual connection to its predecessors , ...

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Hurricane Harvey highlights biggest impact of shale-oil revolution

Hurricane Harvey highlights biggest impact of shale-oil revolution

The nation has huge stockpiles of gasoline and oil. Soaring oil production in North Dakota and West Texas has made the US less reliant on oil rigs in the Gulf, which are vulnerable to hurricanes. An...

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Western Digital Corporation (WDC) Insider Trading: LONG MARK P sold 1517 Shares

Western Digital Corporation (WDC) Insider Trading: LONG MARK P sold 1517 Shares

The stock was last seen 0.34% higher, reaching at $90.56 on August 28, 2017. About 2.10 million shares traded. Mizuho maintained Western Digital Corp (NASDAQ: WDC ) rating on Wednesday, January 18. ...

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Crude Oil Extends Monthly Low Ahead Of Inventories

Crude Oil Extends Monthly Low Ahead Of Inventories

Benchmark U.S. gasoline futures jumped as much as 6.8 percent in early trade on Monday in Asia to touch $1.7799 a gallon. The refinery outage also pushed U.S. At 0246 GMT, October West Texas Inter...

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