International Business News

Global stocks crumble as global growth, US earnings fears spook markets

Global stocks crumble as global growth, US earnings fears spook markets

The Nasdaq closed down 12.4 percent from its August 29 record closing high, falling 4.4 percent for the day in its biggest one-day percentage decline since August 18, 2011.

Oct 25, 2018, 09:36 AM IST
Brent oil rises back above $80 as Iran sanctions loom

Brent oil rises back above $80 as Iran sanctions loom

OPEC agreed in June to boost supply to make up for the expected disruption to Iranian exports.

Oct 22, 2018, 12:30 PM IST
Sundar Pichai publicly addresses Google's China-centric plans

Sundar Pichai publicly addresses Google's China-centric plans

Pichai was speaking on Monday at Wired Magazine`s 25th anniversary summit here in the US.

Oct 16, 2018, 17:04 PM IST
Apple buys music analytics company Asaii: Axios

Apple buys music analytics company Asaii: Axios

Last month, Apple completed the acquisition of music discovery app Shazam, a deal to help it better compete with Spotify, the industry leader in music streaming services.

Oct 15, 2018, 10:01 AM IST
Will take care of countries that will continue to buy oil from Iran after November 4: Trump

Will take care of countries that will continue to buy oil from Iran after November 4: Trump

On November 4, a second batch of potentially more damaging sanctions will be re-imposed on Iran's oil and shipping sectors as well as its central bank.

Oct 12, 2018, 12:23 PM IST
Oil prices rise, but still set for weekly fall amid equities rout

Oil prices rise, but still set for weekly fall amid equities rout

Brent crude futures rose 33 cents, or 0.4 percent, to $80.59 a barrel by 0256 GMT.

Oct 12, 2018, 09:51 AM IST
Pakistan seeks largest loan package from IMF: Report

Pakistan seeks largest loan package from IMF: Report

The announcement followed the highest single-day loss in a decade in the stock market, which plunged by over 1,300 points, losing almost Rs 270 billion of its capitalisation.

Oct 11, 2018, 15:15 PM IST
Losses on Wall Street rip through Asian financial markets

Losses on Wall Street rip through Asian financial markets

The Shanghai Composite index plunged 5.2 percent to its lowest level since November 2014 and Japan's Nikkei 225 fell by an unusually wide margin of almost 4 percent. Markets across Southeast Asia

Oct 11, 2018, 14:50 PM IST
Will cause third World War if I join politics: Indra Nooyi

Will cause third World War if I join politics: Indra Nooyi

Nooyi stepped down on October 2 as PepsiCo's CEO, after 12 years at the helm of the global beverage giant.

Oct 10, 2018, 12:17 PM IST
Pakistani rupee tumbles about 5% in apparent central bank devaluation

Pakistani rupee tumbles about 5% in apparent central bank devaluation

The central bank runs what is widely seen as a managed float, though its official stance is that the currency is freely traded.

Oct 09, 2018, 15:53 PM IST
Oil drops to around $83 on expectations Iran will maintain some exports

Oil drops to around $83 on expectations Iran will maintain some exports

Two companies in India, a big buyer of Iranian oil, have ordered barrels in November, India`s oil minister said on Monday.

Oct 08, 2018, 15:58 PM IST
London court blocks Google mass legal action over iPhone data collection

London court blocks Google mass legal action over iPhone data collection

The claimants had said Google had illegally accessed details of iPhone users` internet browsing data by bypassing privacy settings on the Safari browser between June 2011 and February 2012.

Oct 08, 2018, 15:01 PM IST
Apple, Amazon deny report on Chinese spy chip attack

Apple, Amazon deny report on Chinese spy chip attack

Security experts noted that there is growing concern that hackers could launch cyber attacks by inserting malicious chips into hardware sold to government agencies and businesses.

Oct 05, 2018, 11:04 AM IST
Apple world's top brand, Facebook slips to 9th spot: Report

Apple world's top brand, Facebook slips to 9th spot: Report

According to the ranking, Apple`s brand value grew 16 percent (year-on-year) to $214.5 billion. It went on to become the first company in the US to hit the $1 trillion market cap.

Oct 04, 2018, 11:12 AM IST
Several Indian companies debarred by World Bank for fraudulent, corrupt practices

Several Indian companies debarred by World Bank for fraudulent, corrupt practices

In its latest annual report on Wednesday, the World Bank said Olive Health Care and Jay Modi from India have been debarred from for their fraudulent and corrupt practices. 

Oct 04, 2018, 05:53 AM IST
Amazon raises minimum wage to $15, urges rivals to follow

Amazon raises minimum wage to $15, urges rivals to follow

The increase pushes Amazon`s lowest wage above that at Walmart Inc and Target Corp. It is almost $3 shy of the average for a non-management worker in warehousing in the United States.

Oct 03, 2018, 12:48 PM IST
Aston Martin narrows $6 billion IPO range after investor response

Aston Martin narrows $6 billion IPO range after investor response

Bankers say that IPOs generally need twice as many bids as shares on offer to be successful. 

Oct 01, 2018, 23:35 PM IST
Donald Trump claims India wants to start trade talks to keep him happy

Donald Trump claims India wants to start trade talks to keep him happy

Donald Trump has described India as a "tariff king" as he reiterated his allegations that New Delhi has a high tariff rate on various American products.

Oct 01, 2018, 22:12 PM IST
US, Mexico, Canada reach deal to save NAFTA as trilateral trade pact

US, Mexico, Canada reach deal to save NAFTA as trilateral trade pact

Negotiators worked frantically ahead of a midnight ET (0400 GMT) U.S. imposed deadline to settle differences, with both sides making concessions to seal the deal.

Oct 01, 2018, 17:09 PM IST
Brent oil hits four-year high ahead of Iran sanctions, but demand may stutter

Brent oil hits four-year high ahead of Iran sanctions, but demand may stutter

Benchmark Brent crude oil futures rose to as much as $83.32 a barrel on Wednesday and were at $83.09 at 0335 GMT, still 36 cents, or 0.4 percent above their last close.

Oct 01, 2018, 15:10 PM IST

By continuing to use the site, you agree to the use of cookies. You can find out more by clicking this link

Close