close
This ad will auto close in 10 seconds
Donald Trump meets with tech execs, including his critics Donald Trump meets with tech execs, including his critics

US President-elect Donald Trump sat down Wednesday with top tech executives -- including several of his sharpest critics -- to mend fences after a divisive election in which the majority of Silicon Valley backed Hillary Clinton.

US Fed raises rates, sees faster pace of increases in 2017 US Fed raises rates, sees faster pace of increases in 2017

The U.S. Federal Reserve raised interest rates by a quarter point on Wednesday and signalled a faster pace of increases in 2017 as the Trump administration takes over with promises to boost growth through tax cuts, spending and deregulation.

US Federal Reserve raises rates, sees faster pace of increases in 2017 US Federal Reserve raises rates, sees faster pace of increases in 2017

The U.S. Federal Reserve raised interest rates by a quarter point on Wednesday and signalled a faster pace of increases in 2017 as the Trump administration takes over with promises to boost growth through tax cuts, spending and deregulation.

Donald Trump to meet top tech CEOs from Google, Apple, others Donald Trump to meet top tech CEOs from Google, Apple, others

U.S. President-elect Donald Trump convenes a gathering of leaders of some of the largest technology companies at his New York headquarters on Wednesday as he continues to hold meetings before taking office on January 20.

PepsiCo chief Indra Nooyi joins Donald Trump's strategic policy forum PepsiCo chief Indra Nooyi joins Donald Trump's strategic policy forum

Indian-American PepsiCo CEO Indra Nooyi has joined Donald Trump's Strategic and Policy Forum that aims to assist the president-elect in implementing his economic agenda, the presidential transition team said Wednesday.

 Fed rate hike widely expected, policy outlook hinges on Donald Trump presidency Fed rate hike widely expected, policy outlook hinges on Donald Trump presidency

The two-day policy meeting of the Federal Reserve will conclude on Wednesday afternoon with an assurance of certain rate hike.

Demonetisation: After India, it's Venezuela's turn for note ban to fight black money Demonetisation: After India, it's Venezuela's turn for note ban to fight black money

Weeks after India tried its hands at the demonetisation exercise, Venezuela banned use of 100-bolivar bills, the highest denomination in the local currency, which will lose their value and be removed from circulation on Thursday by order of President Nicolas Maduro.

Oil hits highest since mid-2015 as OPEC and rivals agree historic deal Oil hits highest since mid-2015 as OPEC and rivals agree historic deal

Oil rose by as much as 6.5 percent on Monday to an 18-month high after OPEC and some of its rivals reached their first deal since 2001 to jointly reduce output to try to tackle global oversupply and boost prices.

China faces battle over market economy status China faces battle over market economy status

China`s battle for recognition as a market economy that would help it avoid penalties from key trade partners has been thwarted, as a key clause in Beijing`s deal to join the WTO expires Sunday. 

Pakistan's main bourse hits all-time high ahead of 40% stake sale Pakistan's main bourse hits all-time high ahead of 40% stake sale

Hitting an all-time high on Saturday, Pakistan's main bourse Pakistan Stock Exchange (PSE) crossed 45,000 ahead of the proposed sale of its 40 per cent stake next week.

Murdoch's Twenty-First Century Fox bids $14 billion for UK's Sky Murdoch's Twenty-First Century Fox bids $14 billion for UK's Sky

 Rupert Murdoch's Twenty-First Century Fox Inc has struck a preliminary deal to buy the 61 percent of British pay-TV firm Sky Plc it does not already own for around $14 billion, five years after a political scandal wrecked a previous bid.

Will fight to stop foreign H1B visa holders​ replacing American workers: Donald Trump Will fight to stop foreign H1B visa holders​ replacing American workers: Donald Trump

 Is President-elect Donald Trump's policy on outsourcing going to sound death knell for the H-1B visas? 

IMF chief Christine Lagarde​ on trial in France over tycoon case IMF chief Christine Lagarde​ on trial in France over tycoon case

 IMF chief Christine Lagarde goes on trial in France on Monday over a massive state payout to a flamboyant tycoon when she was finance minister in a case that risks tarnishing her stellar career.

China factory-gate inflation hits 5-year high China factory-gate inflation hits 5-year high

Chinese producer prices rose at their fastest pace for five years in November, Beijing said Friday, fuelling hopes that the world`s factory can export inflation into a lacklustre global economy.

China November exports, imports rise unexpectedly, commodity purchases soar China November exports, imports rise unexpectedly, commodity purchases soar

China`s imports grew at the fastest pace in more than two years in November, fueled by its strong thirst for commodities from coal to iron ore, while exports also unexpectedly rose, reflecting a pick-up in both domestic and global demand.

EU fines HSBC, JP Morgan and Credit Agricole $520 million over interest rate rigging EU fines HSBC, JP Morgan and Credit Agricole $520 million over interest rate rigging

The EU's top anti-trust regulator on Wednesday slapped fines on banks HSBC, JP Morgan and Credit Agricole for rigging the Euribor interest rate benchmark used for a wide range of financial instruments.

EU approves Microsoft-LinkedIn $26.2 billion deal with conditions EU approves Microsoft-LinkedIn $26.2 billion deal with conditions

The European Union on Tuesday approved the mega USD 26.2 billion buyout of professional networking site LinkedIn by US tech giant Microsoft Corporation however with conditions that are related to fair competition.

Amazon unveils new kind of retail store – No cashiers! Amazon unveils new kind of retail store – No cashiers!

The 1,800-square-foot (170-square-meter) store is selling a variety of food products, including bread, cheeses and ready-to-eat meals, as well as Amazon Meal Kits, which contain ingredients for home-cooked dishes.

RBS agrees $1 billion payout over 2008 fundraising case

Royal Bank of Scotland has reached a settlement with the majority of shareholder groups over allegations it misled them during a fundraising at the height of the financial crisis, but still has to strike a deal with thousands of smaller retail investors.

Panasonic in talks to buy ZKW for up to $1 bn Panasonic in talks to buy ZKW for up to $1 bn

Japan`s Panasonic Corp is in the final stages of talks to buy European automotive light maker ZKW Group for up to $1 billion, accelerating its push into the automotive electronics market, the Nikkei business daily reported Monday.