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22nd of April 2018
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An American ban puts China’s ZTE in peril2018-04-19 10:48:20
TALK of restricting the use of Chinese telecoms equipment in the West is growing. This week the curbs went the other way, when America banned its comp -
ESPN starts a streaming service2018-04-19 10:48:20
THE first week for ESPN+, a sports streaming service that Disney, owner of ESPN, launched in America on April 12th, had none of the razzmatazz associa -
Sir Martin Sorrell leaves WPP in a sorry state2018-04-19 10:48:20
DURING his spectacular rise from London beancounter to the globe-trotting boss of WPP, the advertising powerhouse he created out of a backstreet wire- -
Business writer2018-04-19 10:48:20
The Economist is looking for a business correspondent to work at its headquarters in London. An ability to write informatively, succinctly and wittily -
Amazon is not the only threat to legacy post offices2018-04-19 10:48:20
The Pony Express, British styleIT MAY be hard to imagine a world without cheap postal services, but 200 years ago sending mail was a luxury. Posting a -
How Heineken beer survives in Congo2018-04-19 10:48:20
THE Bralima brewery in Kinshasa, the capital of the Democratic Republic of Congo (DRC), is an island of modernity in a city where chaos is the norm. I -
A potential merger between IAG and Norwegian should worry flyers2018-04-19 10:48:20
WHEN flag carriers such as British Airways (BA) ruled the skies, only the rich could afford to fly across the Atlantic. That was until Freddie Laker, -
A new bankruptcy code is reshaping Indian business2018-04-19 10:48:20
ENRIQUE IGLESIAS, a Spanish pop singer, plays an unlikely part in the story of Indian capitalism. His presence at a party to mark Vijay Mallya’s -
Some American startups are borrowing ideas from China2018-04-19 10:48:20
Hipster Hells Angel“WHEN you enter [the marketplace] with that level of hubris and arrogance, you don’t create trust.” So declared a -
Should one of the world’s largest banks be wound down?2018-04-19 10:48:19
DEUTSCHE BANK is one of the financial industry’s hardest problems. It is not a viable business when judged by any sensible yardstick, because it -
Tax cuts and higher interest rates help boost banks’ earnings2018-04-19 10:48:19
SO THIS is how normality feels. Between April 13th and April 18th America’s biggest banks reported a strong set of first-quarter earnings, with -
America’s Treasury refrains from naming any currency manipulators2018-04-19 10:48:19
MOST governments are happy when foreigners want their bonds, especially when those foreigners are long-term holders, like central banks. But America i
Reuters: Business News
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Trade tensions set for brighter U.S. corporate spotlight2018-04-20 12:41:39
NEW YORK (Reuters) - The potential for an intensifying trade dispute to undercut the U.S. stock market could become clearer next week when a host of m -
Japan's Takeda sweetens $62 billion Shire offer2018-04-20 12:38:49
TOKYO/LONDON (Reuters) - Japan's Takeda Pharmaceutical nudged up its offer for Shire to 44.3 billion pounds ($62 billion) on Friday to try to persuad -
Trump rails against high oil prices, OPEC pushes back2018-04-20 12:30:35
WASHINGTON/JEDDAH, Saudi Arabia (Reuters) - U.S. President Donald Trump accused OPEC on Friday of "artificially" boosting oil prices after a year-pl -
PSA union solidarity frays as Opel workers resist cuts2018-04-20 12:24:59
FRANKFURT/PARIS (Reuters) - Planned job cuts at carmaker Opel will save enough cash to meet owner PSA Group's turnaround targets, the works council c -
GE profit tops estimates as cost-cutting kicks in2018-04-20 11:59:33
(Reuters) - General Electric Co posted quarterly results that topped expectations on Friday, as earnings from aviation, healthcare and transportation -
Wall Street hit by tech, oil weakness2018-04-20 11:53:03
(Reuters) - U.S. stock indexes fell on Friday, with Apple leading declines in the technology sector and as energy companies took a hit from lower oil -
Comcast, Charter partner for mobile services back-end software2018-04-20 11:46:03
(Reuters) - Comcast Corp and Charter Communications Inc will partner to develop back-end software to support services for their Xfinity and Spectrum -
Wells Fargo agrees to pay $1 billion to settle customer abuses2018-04-20 11:44:59
(Reuters) - Wells Fargo & Co has agreed to pay $1 billion to settle with U.S. regulators who said it abused customers in its auto and mortgage bus -
Biogen boosts investment in neurology with $1 billion Ionis deal2018-04-20 11:40:19
(Reuters) - Biogen Inc struck a $1 billion neurology drug development deal with Ionis Pharmaceuticals on Friday, expanding a partnership that develope -
China trade body urges tighter corporate compliance after ZTE woes: document2018-04-20 06:54:28
BEIJING (Reuters) - A state-backed Chinese trade body said compliance is now a core risk for Chinese firms and that the government must speed up the i -
China Huarong confirms chairman departs after probe, shares tumble2018-04-20 03:18:25
SHANGHAI/HONG KONG (Reuters) - China Huarong Asset Management Co confirmed its chairman Lai Xiaomin, who is under investigation for alleged corruptio -
Asia tech shares spooked by phone warning, oil near highs2018-04-20 02:55:16
SYDNEY (Reuters) - Asian shares slipped on Friday as a warning on smartphone demand from the world's largest contract chipmaker slugged the tech sect
Business News - UPI.com
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Pentagon awards $67.8M contract for Ballistic Missile Defense System2018-04-19 13:28:31
MacAulay-Brown Inc. was awarded a $67.8 million contract by the Missile Defense Agency for development and services for the Ballistic Missile Defense -
HII contracted for repairs, upgrades on USS Gerald R. Ford2018-04-19 13:13:00
Huntington Ingalls was awarded a $10.7 million contract by the Navy for repairs and upgrades on the USS Gerald R. Ford following sea trials of the ves -
Lockheed awarded $928M for hypersonic strike weapon2018-04-19 11:01:14
Lockheed Martin has been awarded a contract by the Air Force for development, engineering, testing and integration of the hypersonic conventional stri -
Oil prices rally in spite of darker economic clouds2018-04-19 10:22:00
Crude oil prices continued their rally to test multi-year highs Thursday amid signs of higher demand, despite concerns about future economic growth. -
BP sees $6 billion in gas investments in India2018-04-19 09:09:48
British energy company BP said Thursday it signed off on the development of deepwater gas projects in India for a total investment of $6 billion. -
Oil-rich North Dakota expecting budget issues2018-04-19 08:34:01
Facing tariff headwinds, and despite its vast crude oil resources, North Dakota may have to cut back because of a shortage of general funds, the gover -
No quick fix on sanctions, Russia says2018-04-19 07:46:43
There are no quick remedies to help support companies like Gazprom that are the target of U.S. sanctions, a Russian presidential spokesman said. -
Funding emerges for company with a Cuban energy footprint2018-04-19 06:31:49
Melbana Energy, an Australian company with operations in Cuba and New Zealand, said it secured a $2.5 million loan to help finance its operations. -
Amid trade tensions, Alaska's governor plans Chinese trade mission2018-04-19 06:06:52
A trade mission to China will showcase the prospects for investment opportunities in Alaska, the governor of the northern U.S. state said. -
Norway's oil and gas production declines2018-04-19 05:56:12
Technical problems were to blame for a drop in average daily oil production from Norway, one of Europe's main suppliers, the government said. -
Dynetics to develop Gremlins UAV system for DARPA2018-04-18 13:51:46
Dynetics Inc. was awarded a $32 million contract for phase III of the Gremlins program, small unmanned aerial systems used for combat and non-combat r -
Raytheon wins contract for Barracuda counter-mine system2018-04-18 13:25:23
Raytheon has been awarded an $83 million contract by the U.S. Navy for the design, testing and deployment of Barracuda mine neutralization systems.
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US headed for another recession? Fed underplays flattening yield curve2018-04-21 03:41:00
Still, there is debate within the Fed over whether a flat yield curve is problem -
North Korea's nuclear arsenal complete, Kim Jong-Un nixes missile tests2018-04-21 03:27:00
'I solemnly declare that we have accomplished credible weaponization of nuclear forces,' Kim was quoted as saying -
Data privacy row: Google spent $5 mn on lobbying in Q1, Facebook $3.3 mn2018-04-21 03:19:00
Google, Facebook, Amazon being scrutinised over responsibility for online content, potential market dominance, competition for govt contracts -
Impeachment of CJI Misra: AAP, DMK, TMC oppose; 64 MPs sign motion; updates2018-04-21 03:06:00
Manmohan Singh and P Chidambaram are not among the signatories to the impeachment motion notice against Chief Justice of India Dipak Misra -
Naroda Patiya case: Kodnani walks free, 2 other CBI witnesses take a u-turn2018-04-21 02:42:00
The Naroda Patiya riot was one of the worst incidents after the Godhra train burning incident of February 27, 2002, in which 59 kar sevaks were killed -
How India's urban development is increasing spread of infectious diseases2018-04-21 01:45:00
The growing attention paid to epidemiology of viruses can be clearly seen as a direct result of urban transition taking place in India over the last 3 -
Netherlands becoming FDI 'round tripping' haven like Mauritius, Singapore?2018-04-21 01:32:00
Study shows that many countries like Mauritius, Singapore and Cyprus were being used to route capital flows from other countries -
Rajinder Sachar, who led panel on condition of Muslims in India, dies at 942018-04-21 01:20:00
The Sachar committee report underlined that while Muslims constituted 14% of Indian population, they comprised only 2.5% of Indian bureaucracy -
TCS propels Tata group into Rs 10-trillion club; shares hit lifetime high2018-04-20 21:45:00
IT major nears $100 bn m-cap, accounts for 61% of the group's combined valuation -
Insolvency: Creditors' role in Binani Cement bidding under scanner2018-04-20 21:27:00
NCLT Kokata Bench seeks to know if CoC could have modified its process document to consider UltraTech Cement's resolution plan -
Google, FB, Visa seek time to set up data centres, to meet RBI officers2018-04-20 21:25:00
According to sector insiders, global payments technology players such as Visa, e-commerce giant Amazon India and tech majors such as Google have data -
MCA zeroes in on 225,000 more suspected shell companies2018-04-20 16:18:00
P P Chaudhary said the ministry had received a report from the Institute of Chartered Accountants of India (ICAI) on systemic issues that led to the P
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