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No IMF loan to Pakistan to repay Chinese debt: Congressman

No IMF loan to Pakistan to repay Chinese debt: Congressman

Pakistan is seeking USD 8 billion from the International Monetary Fund (IMF) to bail itself out from a severe balance-of-payments crisis that threatens to cripple the country's economy.

Dec 17, 2018, 14:15 PM IST
IMF to check Pakistan's debt sustainability before loan: Official

IMF to check Pakistan's debt sustainability before loan: Official

A recent meeting between the IMF and Pakistan ended in a stalemate.

Dec 14, 2018, 15:32 PM IST
iPhones made by different company, replies Pichai after US Congressman raises iPhone concerns

iPhones made by different company, replies Pichai after US Congressman raises iPhone concerns

US Congressman's faux pas has left Twitter users amused and tizzy at the same time.

Dec 13, 2018, 11:27 AM IST
Canada frees CFO of China's Huawei on bail; Trump might intervene

Canada frees CFO of China's Huawei on bail; Trump might intervene

Meng Wanzhou, Huawei`s chief financial officer and the daughter of its founder, faces US claims that she misled multinational banks about Iran-linked transactions.

Dec 12, 2018, 17:22 PM IST
Sundar Pichai denies political bias to Congress

Sundar Pichai denies political bias to Congress

Another basic question being handled in these hearings has been the ability of the tech companies to deal with foreign interference in US elections.

Dec 12, 2018, 10:42 AM IST
Flexible intellectual property will help China to diffuse trade tensions: IMF

Flexible intellectual property will help China to diffuse trade tensions: IMF

China and the US are currently engaged in a trade conflict and have slapped tit-for-tat tariffs of hundreds of billions of dollars on each other's goods.

Dec 10, 2018, 10:52 AM IST
Huawei CFO seeks bail on health concerns; Canada wants her in jail

Huawei CFO seeks bail on health concerns; Canada wants her in jail

Huawei Chief Financial Officer Meng Wanzhou is fighting to be released on bail after she was arrested on December 1 in Vancouver at the request of the United States.

Dec 10, 2018, 10:22 AM IST
SoftBank mobile services disrupted ahead of bumper IPO, shares drop

SoftBank mobile services disrupted ahead of bumper IPO, shares drop

SoftBank will set a final offering price on Dec. 10 with shares set to begin trading on Dec. 19.

Dec 06, 2018, 15:54 PM IST
Huawei CFO arrested in Canada, facing extradition to US

Huawei CFO arrested in Canada, facing extradition to US

The arrest is related to violations of U.S. sanctions, a person familiar with the matter said.

Dec 06, 2018, 09:33 AM IST
US-China decision to not impose higher tariffs de-escalates hostilities temporarily: Moody's

US-China decision to not impose higher tariffs de-escalates hostilities temporarily: Moody's

Signalling an end to the six-month-long trade war, Trump agreed that on January 1, 2019, he will leave the tariffs on USD 200 billion worth of product at the 10 percent rate, and not raise it to 25

Dec 04, 2018, 13:01 PM IST
World Bank announces USD 200 bn in climate action investment for 2021-25

World Bank announces USD 200 bn in climate action investment for 2021-25

The bank's financing package amounts to about 40 billion a year.

Dec 03, 2018, 13:55 PM IST
Qatar to withdraw from OPEC as of January 2019

Qatar to withdraw from OPEC as of January 2019

The announcement comes ahead of the meeting by OPEC and its allies including Russia on Dec. 6-7 to discuss cutting supply.

Dec 03, 2018, 12:25 PM IST
4 Indian-origin women in Forbes top female US tech moguls' list

4 Indian-origin women in Forbes top female US tech moguls' list

Padmasree Warrior, former chief technology officer (CTO) of Cisco are in the list.

Nov 30, 2018, 18:12 PM IST
JLR to lay off staff temporarily at UK plant to adjust vehicle production

JLR to lay off staff temporarily at UK plant to adjust vehicle production

Terming the external environment as challenging, the company said it is taking decisive actions to achieve the necessary operational efficiencies to safeguard long-term success.

Nov 30, 2018, 14:43 PM IST
Unilever emerges as leading bidder for GSK's Horlicks business

Unilever emerges as leading bidder for GSK's Horlicks business

Other bidders include Coca-Cola Co, which has been looking to expand in emerging markets.

Nov 28, 2018, 15:54 PM IST
US top court leans toward allowing Apple App Store antitrust suit

US top court leans toward allowing Apple App Store antitrust suit

The lawsuit said Apple violated federal antitrust laws by requiring apps to be sold through the company`s App Store and then taking a 30 percent commission from the purchases.

Nov 27, 2018, 12:29 PM IST
Microsoft's stock market value catches up with Apple

Microsoft's stock market value catches up with Apple

Global demand for smartphones has slowed in recent years, making it more difficult for Apple to increase its revenue.

Nov 27, 2018, 12:27 PM IST
GM to cut car production in North America, halt some models: Source

GM to cut car production in North America, halt some models: Source

Cost pressures on GM and other automakers and suppliers have increased as demand has waned for traditional sedans.

Nov 26, 2018, 21:08 PM IST
Saudi Arabia pumps record amount of oil as Trump piles on pressure

Saudi Arabia pumps record amount of oil as Trump piles on pressure

Saudi Arabia agreed to raise supply steeply in June, in response to calls from consumers, including the United States and India, to help cool oil prices and address a supply shortage.

Nov 26, 2018, 18:02 PM IST
Mitsubishi Motors' board meets to remove Chairman Ghosn

Mitsubishi Motors' board meets to remove Chairman Ghosn

Nissan removed Ghosn at a high stakes board meeting on Thursday after allegations of understating his income and using company money for personal use.

Nov 26, 2018, 12:22 PM IST