International Business News

Google hit with record $5 billion EU antitrust fine

Google hit with record $5 billion EU antitrust fine

The EU antitrust enforcer has charged Google with using its dominant Android to marginalise rivals following a three-year-long investigation.

Jul 18, 2018, 14:37 PM IST
Pakistani rupee tumbles as central bank faces a crisis

Pakistani rupee tumbles as central bank faces a crisis

The central bank declined to say whether it had devalued the currency.

Jul 17, 2018, 13:29 PM IST
Netflix shares tank after big miss on subscriber growth

Netflix shares tank after big miss on subscriber growth

The streaming video pioneer added 5.2 million customers from April through June.

Jul 17, 2018, 11:53 AM IST
In a bid to boot out US pressure on India, Iran ready for oil supplies on 'flexible measures'

In a bid to boot out US pressure on India, Iran ready for oil supplies on 'flexible measures'

While India maintains national interests are primary, market analysts and strategic experts believe US sanctions on Iran could determine how countries deal with importing oil from the West Asian

Jul 13, 2018, 13:29 PM IST
China services sector grows at fastest pace in 4 months in June

China services sector grows at fastest pace in 4 months in June

The findings were largely in line with those of an official gauge of the non-manufacturing sector released on Saturday, which showed the services PMI rising slightly in June.

Jul 04, 2018, 09:41 AM IST
Diamond prices rise in June

Diamond prices rise in June

Suppliers held polished prices firm amid shortages in some categories and as high rough prices squeezed manufacturing profit margins.

Jul 03, 2018, 17:47 PM IST
China's Xiaomi prices HK IPO at bottom of range, raises $4.72 billion: Sources

China's Xiaomi prices HK IPO at bottom of range, raises $4.72 billion: Sources

Xiaomi has declined to comment on the IPO pricing.

Jun 29, 2018, 12:26 PM IST
Apple, Samsung settle epic patent infringement battle

Apple, Samsung settle epic patent infringement battle

The terms of the settlement were not disclosed.

Jun 28, 2018, 11:46 AM IST
US says no exemption to India on oil imports from Iran

US says no exemption to India on oil imports from Iran

Iran is India's third-largest oil supplier behind Iraq and Saudi Arabia. It supplied 18.4 million tonnes of crude oil during April 2017 and January 2018.

Jun 27, 2018, 18:10 PM IST
Trump criticises Harley-Davidson for moving some production overseas

Trump criticises Harley-Davidson for moving some production overseas

Trump said he was surprised by such a decision by the Wisconsin-based motorcycle manufacturer, saying it amounted to raising the "white flag".

Jun 26, 2018, 16:48 PM IST
GE to spin off its healthcare biz; separate Baker Hughes

GE to spin off its healthcare biz; separate Baker Hughes

The company plans to fully separate its 62.5 percent interest in BHGE, which it bought in July 2017.

Jun 26, 2018, 16:27 PM IST
Allowing women to drive could help Saudi Arabia gain $90 billion

Allowing women to drive could help Saudi Arabia gain $90 billion

Access to wheels means increased mobility which in turn could see more economic participation from women in the country.

Jun 26, 2018, 07:09 AM IST
India hits back at US with higher import duties on farm, steel products

India hits back at US with higher import duties on farm, steel products

India`s move came a day after the EU`s decision to charge higher import duties on a range of US products.

Jun 21, 2018, 13:13 PM IST
Amazon, Berkshire, JPMorgan name Indian-origin Atul Gawande CEO of healthcare venture

Amazon, Berkshire, JPMorgan name Indian-origin Atul Gawande CEO of healthcare venture

Amazon and its partners say they will use big-data analysis and other high-tech tools to improve care and cut wasteful spending.

Jun 21, 2018, 09:51 AM IST
Australian telecom Telstra to axe 8,000 jobs to save $740 mn

Australian telecom Telstra to axe 8,000 jobs to save $740 mn

Telstra shares fell more than 7 percent in early trading on the Australian stock market after the announcement to AUSD2.70, its lowest price since 2011.

Jun 20, 2018, 16:17 PM IST
China's Xiaomi plans to raise up to $6.1 billion in Hong Kong IPO

China's Xiaomi plans to raise up to $6.1 billion in Hong Kong IPO

Xiaomi reportedly plans to sell about 2.18 billion shares at a price range of HK$17 to HK$22 ($2.17-$2.80) each.

Jun 20, 2018, 14:11 PM IST
Dow futures slid 370 points as US-China trade war intensifies

Dow futures slid 370 points as US-China trade war intensifies

Trump on Friday announced tariffs on $50 billion of Chinese imports, starting on July 6.

Jun 19, 2018, 16:46 PM IST
Audi CEO Rupert Stadler arrested over Volkswagen emissions cheating scandal

Audi CEO Rupert Stadler arrested over Volkswagen emissions cheating scandal

VW group's management named Dutchman Bram Schot, who joined VW in 2011, to take over from Stadler as interim CEO.

Jun 19, 2018, 11:32 AM IST
All you need to know about Dhivya Suryadevara –the first woman CFO of General Motors

All you need to know about Dhivya Suryadevara –the first woman CFO of General Motors

India-born Suryadevara will report to Chief Executive Officer (CEO) Mary Barra, who has been head of the automaker since 2014.

Jun 14, 2018, 14:52 PM IST
Indian-origin Dhivya Suryadevara to become first woman CFO of  General Motors

Indian-origin Dhivya Suryadevara to become first woman CFO of General Motors

Suryadevara, currently the vice president of corporate finance, will succeed Chuck Stevens, the GM's present CFO, on September 1.

Jun 14, 2018, 13:36 PM IST

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