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22nd of April 2018
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Business and finance
An American ban puts China’s ZTE in peril
2018-04-19 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 service
2018-04-19 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 state
2018-04-19 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 writer
2018-04-19 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 offices
2018-04-19 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 Congo
2018-04-19 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 flyers
2018-04-19 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 business
2018-04-19 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 China
2018-04-19 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’ earnings
2018-04-19 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 manipulators
2018-04-19 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
Trade tensions set for brighter U.S. corporate spotlight
2018-04-20 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 offer
2018-04-20 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 back
2018-04-20 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 cuts
2018-04-20 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 in
2018-04-20 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 weakness
2018-04-20 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 software
2018-04-20 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 abuses
2018-04-20 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 deal
2018-04-20 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: document
2018-04-20 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 tumble
2018-04-20 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 highs
2018-04-20 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
Pentagon awards $67.8M contract for Ballistic Missile Defense System
2018-04-19 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. Ford
2018-04-19 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 weapon
2018-04-19 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 clouds
2018-04-19 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 India
2018-04-19 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 issues
2018-04-19 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 says
2018-04-19 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 footprint
2018-04-19 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 mission
2018-04-19 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 declines
2018-04-19 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 DARPA
2018-04-18 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 system
2018-04-18 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.
Home Page
US headed for another recession? Fed underplays flattening yield curve
2018-04-21 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 tests
2018-04-21 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 mn
2018-04-21 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; updates
2018-04-21 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-turn
2018-04-21 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 diseases
2018-04-21 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 94
2018-04-21 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 high
2018-04-20 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 scanner
2018-04-20 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 officers
2018-04-20 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 companies
2018-04-20 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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