International Business News

US, China putting trade war on hold, Treasury's Mnuchin says

US, China putting trade war on hold, Treasury's Mnuchin says

Tension between the two sides has been growing since the Trump administration proposed tariffs of $50 billion on Chinese goods and said it might extend the levies to an additional $150 billion. China

May 21, 2018, 10:09 AM IST
China denies it offered package to slash US trade gap by $200 billion

China denies it offered package to slash US trade gap by $200 billion

Earlier on Friday, China announced that it was ending its sorghum investigation, which had effectively halted a trade worth roughly $1.1 billion last year.

May 18, 2018, 14:10 PM IST
Cambridge Analytica files for Chapter 7 bankruptcy

Cambridge Analytica files for Chapter 7 bankruptcy

Cambridge Analytica LLC listed assets in the range of $100,001 to $500,000 and liabilities in the range of $1 million to $10 million.

May 18, 2018, 12:44 PM IST
Oil hits highest since Nov 2014 as Brent edges closer to $80

Oil hits highest since Nov 2014 as Brent edges closer to $80

They earlier touched their highest in more than 3-1/2 years at $79.49 a barrel.

May 17, 2018, 12:59 PM IST
Donald Trump earned some income from real estate ventures in India in 2016

Donald Trump earned some income from real estate ventures in India in 2016

Trump submitted his discloser on Tuesday.

May 17, 2018, 12:45 PM IST
Former RBI governor Raghuram Rajan says won't apply for top BoE job

Former RBI governor Raghuram Rajan says won't apply for top BoE job

Rajan has been mentioned by analysts as a possible future BoE governor after Mark Carney - who previously headed Canada`s central bank - steps down at the end of June 2019.

May 17, 2018, 10:46 AM IST
Google employees resigning over controversial drone programme

Google employees resigning over controversial drone programme

Some of the employees are not at ease with this project.

May 16, 2018, 10:17 AM IST
Samsung in talks with ZTE, others to supply mobile processor chips

Samsung in talks with ZTE, others to supply mobile processor chips

The South Korean tech giant generates the bulk of its profit from its bread and butter memory chips and has been beefing up development of logic chips such as mobile processors, image sensors and

May 15, 2018, 17:59 PM IST
Forbes honours 100 Gulf-based Indian businessmen

Forbes honours 100 Gulf-based Indian businessmen

Billionaires of Indian-origin, based in the Gulf, have a collective net worth of USD 26.4 billion, according to Forbes' World's Billionaires 2018.

May 15, 2018, 17:12 PM IST
China's Alibaba buys Pakistan e-commerce firm Daraz

China's Alibaba buys Pakistan e-commerce firm Daraz

Products available on Daraz include consumer electronics, household goods, beauty, fashion, sports equipment and groceries.

May 11, 2018, 16:53 PM IST
Apple, Goldman Sachs may launch credit card next year

Apple, Goldman Sachs may launch credit card next year

For Apple, the move is expected to increase user adoption of Apple Pay.

May 11, 2018, 16:42 PM IST
Factbox: Deals and investments made by Walmart in last 20 years

Factbox: Deals and investments made by Walmart in last 20 years

Walmart notched biggest foreign investment with $16 billion Flipkart deal.

May 10, 2018, 12:46 PM IST
Walmart shares tumble over 4%; m-cap falls nearly $10 bn

Walmart shares tumble over 4%; m-cap falls nearly $10 bn

The deal values Flipkart at USD 20.8 billion.

May 10, 2018, 10:06 AM IST
Oil hits 3-1/2-year high after US quits Iran deal

Oil hits 3-1/2-year high after US quits Iran deal

Brent crude oil touched its highest since November 2014 at $77.20 a barrel.

May 09, 2018, 17:30 PM IST
Twitter raises a toast to Coca-Cola on its 132nd birthday

Twitter raises a toast to Coca-Cola on its 132nd birthday

A local pharmacist named Dr John Stith Pemberton made the syrup for Coca-Cola.

May 08, 2018, 18:10 PM IST
Nestle pays $7.15 billion to sell Starbucks products

Nestle pays $7.15 billion to sell Starbucks products

The agreement gives Nestle, which owns the Nescafe and Nespresso brands, a strong platform for continued growth in North America.

May 07, 2018, 12:45 PM IST
Oil prices reach highest since November 2014 on Venezuela, Iran worries

Oil prices reach highest since November 2014 on Venezuela, Iran worries

The concerns added to worries over a looming decision on whether the United States will walk away from a deal with Iran and instead re-imposes sanctions on Tehran, keeping international oil markets

May 07, 2018, 10:36 AM IST
Ex-Volkswagen CEO Winterkorn charged in US over diesel scandal

Ex-Volkswagen CEO Winterkorn charged in US over diesel scandal

Winterkorn resigned days after the scandal over polluting vehicles in the United States became public in September 2015.

May 04, 2018, 15:59 PM IST
Tesla posts $3.4 bn in revenue, aims 5,000 cars a week

Tesla posts $3.4 bn in revenue, aims 5,000 cars a week

Tesla`s cash balance dropped but the US-based electric vehicle automaker ended with $2.7 billion in cash.

May 03, 2018, 12:25 PM IST
Xiaomi files for mega Hong Kong IPO, lifts lid on financials

Xiaomi files for mega Hong Kong IPO, lifts lid on financials

CLSA, Morgan Stanley and Goldman Sachs Group Inc are sponsoring Xiaomi`s IPO.

May 03, 2018, 09:50 AM IST

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