Economy

In early trade, Rupee rises 21 paise against US dollar

In early trade, Rupee rises 21 paise against US dollar

Prime Minister Narendra Modi on Thursday led his Bharatiya Janata Party to resounding victory for a second term in the office. For most of the past few years, the Indian Rupee had been strugglin...

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Old Mutual CEO exits in 'conflict of interest' board dispute

Old Mutual CEO exits in 'conflict of interest' board dispute

According to reporters at Reuters, Moyo told them by phone that his suspension related to how different parties thought Old Mutual should engage with NMT Capital, which he founded and in which an O...

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Sector Highlights: Renewable Energy Group, Inc. (NASDAQ:REGI)

Sector Highlights: Renewable Energy Group, Inc. (NASDAQ:REGI)

Earnings Yield helps investors measure the return on investment for a given company. There are plenty of different theories and ideas out there, and it may become overwhelming to look at all of them. ...

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Opel's first vehicle post GM is the 2020 Corsa-e electric hatch

Opel's first vehicle post GM is the 2020 Corsa-e electric hatch

Vauxhall's first electrified model to reach dealerships will be the Grandland X plug-in hybrid , followed by the Corsa-e in early 2020. The 50 kWh battery is squeezed in wherever possible, mostly ...

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Audi TT to be axed, will be replaced by sporty EV

Audi TT to be axed, will be replaced by sporty EV

For its underpinnings, the Four Rings borrowed parent company Volkswagen Group's A Platform, which was also found on the Audi A3 and VW Golf at the time. "We focus maximum resources on our key pro...

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Musk says Tesla on pace of record quarter in leaked email

Musk says Tesla on pace of record quarter in leaked email

Elephas Investment Management Ltd's holdings in Tesla were worth $3,330,000 at the end of the most recent reporting period. Ark Invest has open-sourced its valuation model on Tesla with a spreadsh...

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Philip Green offers landlords 20% stake in Arcadia rescue plan

Philip Green offers landlords 20% stake in Arcadia rescue plan

If a series of votes to approve Arcadia's restructuring is lost, the company is likely to launch an immediate sale process, failing which parts of or all of the business could face administration. . ...

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Fed official says low inflation a risk to the USA outlook

Fed official says low inflation a risk to the USA outlook

Trump has slammed the Fed on Twitter for "incessantly" raising interest rates despite low inflation, and called on officials to cut the rate by a full percentage point. "An inversion for me has to b...

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Naresh Goyal, wife stopped from going abroad at Mumbai airport

Naresh Goyal, wife stopped from going abroad at Mumbai airport

After deplaning the couple, it took off after 5 pm. Naresh Goyal, Chairman of Jet Airways speaks during a news conference in Mumbai , November 29, 2017. "The checked-in baggage (suitcases) was in t...

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Skoda lifts the lid on electric Citigo-e iV

Skoda lifts the lid on electric Citigo-e iV

The Superb gets a slightly modified exterior design. Prices for the plug-in hybrid have yet to be announced, however, Skoda "promises the PHEV will be highly competitive in its increasingly crowde...

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Honda Civic Type R OveRland Has A Four-Inch Lift, Off-Road Tires

Honda Civic Type R OveRland Has A Four-Inch Lift, Off-Road Tires

The second unveil is a unique project by Ralph Hosier Engineering that has given the Civic Type R credentials like never before. What is surprising is the fact that both versions use the same gear...

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Man says Qantas 'fat-shamed' him

Man says Qantas 'fat-shamed' him

Darren Beales told The Geelong Advocate he was asked to move from his pre-booked exit row seat in front of other passengers on Friday due to airline regulations, which say anyone requiring an extend...

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Facebook will launch its own cryptocurrency in 2020, report says

Facebook will launch its own cryptocurrency in 2020, report says

With more than two billion users across its platforms, which include WhatsApp and Instagram , Facebook could have the clout to take a cryptocurrency mainstream and emulate the likes of WeChat in ...

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Saudi Aramco signs US LNG deal with Sempra

Saudi Aramco signs US LNG deal with Sempra

The gas will be produced from Phase 1 of Sempra's Port Arthur LNG project. Natural gas in general and LNG specifically are part of Aramco's diversification plans for the future, with the Saudi state...

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Honda Motors recalling its new sports vehicle for this reason

Honda Motors recalling its new sports vehicle for this reason

The issue is separate from a series of recalls Honda has conducted over the last decade to replace more than 21 million defective Takata air bag inflators in about 12.9 million U.S. The replacement ...

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Boring Co shows 127 miles per hour tunnel run without guide wheels

Boring Co shows 127 miles per hour tunnel run without guide wheels

By the time the tunnel traveler backs their vehicle into a parking space at SpaceX, its opponent finally gets a green light and sets off, reaching a maximum of 44 miles per hour over the course of i...

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IndyCar to use Red Bull Aeroscreen from 2020

IndyCar to use Red Bull Aeroscreen from 2020

Three years ago, as Formula One sought to develop a head protection device in the wake of Jules Bianchi's fatal 2014 crash, Red Bull Advanced Technologies came up with a solution. Strengthwise, it's...

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Washington Considers Adding Hikvision to the List of Blacklisted Chinese Tech Companies

Washington Considers Adding Hikvision to the List of Blacklisted Chinese Tech Companies

The US is deliberating whether to add Megvii, Zhejiang Dahua Technology, Hangzhou Hikvision Digital Technology and two others to a blacklist that bars them from US components or software, people famil...

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Amazon rejects facial recognition, climate change proposals

Amazon rejects facial recognition, climate change proposals

Amazon has also pitched it to Immigration and Customs Enforcement. Amazon's board argued that it has already invested the resources to act on climate change, and to prevent its facial-recognitio...

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Oil plunges 5% as stock markets tumble on trade, growth fears

Oil plunges 5% as stock markets tumble on trade, growth fears

The S&P 500 index was down 34.03 points at 2,822.24, while the Nasdaq composite was down 122.56 points at 7,628.28. Tech stocks and industrials are also sharply lower. Markets in Asia and Europe a...

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Royal Mail set to cut dividend as it launches £1.8bn overhaul

Royal Mail set to cut dividend as it launches £1.8bn overhaul

Struggling with a market changed by Amazon and online shopping as well as the move away from sending letters, Royal Mail has been reviewing operations and testing new delivery methods. Chief executive...

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Elon Musk's The Boring Company will build a Las Vegas transport tunnel

Elon Musk's The Boring Company will build a Las Vegas transport tunnel

The total cost of the projected is expected to be $52.5 million. The project will see the construction of an underground Loop transport system for trade show attendees at the Las Vegas Convention Cent...

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Oil Prices: Will the Risk Premium Evaporate?

Oil Prices: Will the Risk Premium Evaporate?

Brent crude futures were down $0.7 at $71.48 a barrel by 0906 GMT and are set for their biggest daily fall in 11 days. Oil prices fell on Wednesday after industry data showed an increase in USA crud...

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SpaceX launches first satellites of its internet network

SpaceX launches first satellites of its internet network

One of the company's Falcon 9 rockets took off without incident from Cape Canaveral in Florida around 10:30 pm (0230 GMT). SpaceX has sued the government over contracts before, most prominently ...

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Telstra launch Australia's first 5G hotspot

Thomas Dexmier, country manager, HTC Australia and New Zealand said: "HTC is very proud to partner with Telstra to bring the first 5G media hotspot to Australia. 'The launch of 5G will bring advance...

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Tesla's upgraded Autopilot likened to 'kid behind the wheel'

Tesla's upgraded Autopilot likened to 'kid behind the wheel'

Consumer Reports has branded Tesla's " Navigate on Autopilot " system "incredibly near-sighted" and "risky" in its latest test. Its verdict: The lane-change function "raises serious safety concerns...

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Economy gets high marks in poll, but Trump gets low rating

Economy gets high marks in poll, but Trump gets low rating

Sen. Cory Booker was next at 3 percent, and Sen. More than half said they are better off financially today than in 2016. Republican New York City Councilman Joe Borelli weighs in on Bill de Blasio's...

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Future DJI consumer drones will have built-in tech to avoid airplanes

Future DJI consumer drones will have built-in tech to avoid airplanes

Called AirSense, the technology will allow drone pilots to be made aware of airplanes and helicopters miles away. Regardless, it's nice to finally see some improvements from DJI, and we hope this beco...

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China seeks Asian neighbors' support in trade fight with US

China seeks Asian neighbors' support in trade fight with US

The United States placed Huawei Technologies Co Ltd on a trade blacklist last week, effectively banning US firms from doing business with the world's largest telecom network gear maker and escalatin...

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China-US Trade War: How do the tariffs work?

China-US Trade War: How do the tariffs work?

Trump is expected to meet Chinese President Xi Jinping at a G20 summit in Japan June 28-29. Earlier this month, Washington hiked existing tariffs on $200bn in Chinese goods, raising them to 25 pe...

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More than 60,000 pounds of raw beef recalled ahead of holiday weekend

More than 60,000 pounds of raw beef recalled ahead of holiday weekend

Products covered by the recall carry an establishment number of "EST. 788" inside the USDA's mark of inspection. More than 40 types of beef are included in the recall and were shipped nationwide for...

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Ford explores humanoid robots for package delivery

Ford explores humanoid robots for package delivery

Dr. Ken Washington, Ford's vice president of research and advanced engineering, said Digit not only looks like a human but walks like one, too. Digit is capable of carrying up 18kg (40lb) and ...

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Weekly US oil report shows an increase in crude supplies

Weekly US oil report shows an increase in crude supplies

Brent crude futures, the global benchmark, fell to a session low of US$68.35 per barrel, trading down US$2.50 at US$68.49 by 1343 GMT. U.S. West Texas Intermediate ( WTI) crude futures were down...

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ARM to stop supplying chip technology to Huawei

ARM to stop supplying chip technology to Huawei

Signage is seen outside an EE mobile phone shop in Manchester, Britain September 21, 2017. "ARM is complying with all the laws and regulations set forth by the US government", a spokesman for the co...

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China urges sincerity in Sino-US trade talks | #AsiaNewsNetwork

China urges sincerity in Sino-US trade talks | #AsiaNewsNetwork

Long considered the ballast in a relationship fraught with geopolitical frictions, the US business community in China in recent years has advocated a harder line on what it sees as discriminatory Chin...

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