Economy

PM Modi meets Russian President Vladimir Putin in Bishkek

PM Modi meets Russian President Vladimir Putin in Bishkek

Prime Minister Narendra Modi's aircraft won't fly over Pakistan on its way to Bishkek in Kyrgyzstan for regional meet Shanghai Cooperation Organisation that starts on Thursday, the foreign minis...

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Instagram outage spreads across the world

Instagram outage spreads across the world

According to DownDetector.com, the outages were concentrated in northern Europe and Britain, as well as in several parts of the United States and Brazil. Given the wide scale of the outage, it suggest...

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CBOT corn futures rally on sharply lowered supplies

CBOT corn futures rally on sharply lowered supplies

The sharply lowered estimates triggered a double-digit rally in CBOT corn futures, said market watchers. In the crop progress reports , corn planting is expected at 80 to 85 percent complete versus 6...

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Supermarket hopes to cut waste by shaming customers with embarrassing plastic bags

Supermarket hopes to cut waste by shaming customers with embarrassing plastic bags

That was the idea behind a Canadian stores anti-plastics campaign which saw up to 1,000 plastic bags printed with messages such as "Dr. Toews" Wart Ointment Wholesale", "Into the Weird Adult Video E...

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Musk sets sights on a record Tesla quarter

Musk sets sights on a record Tesla quarter

With an investment of over 50 billion yuan (US$7 billion), Tesla's factory is the largest foreign investment project in Shanghai's manufacturing sector, the report said. "I don't know", Musk said. ...

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Trump doubles down on Fed criticism, warns rates are too high

Trump doubles down on Fed criticism, warns rates are too high

And unlike last month, Fed officials haven't explicitly pushed back against the market pricing in expected cuts. Fed watchers say the latest economic data boost the odds that central bank will move ...

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Third Weekly Loss for Crude Despite OPEC Nearing Agreement to Extend Cuts

Third Weekly Loss for Crude Despite OPEC Nearing Agreement to Extend Cuts

Benchmark Brent crude for August delivery rose 0.3 percent to $62.47 per barrel while U.S. West Texas Intermediate ( WTI ) crude futures were up 0.9 percent at $53.73 per barrel. Hedge fund managers a...

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Visa sends blockchain-based B2B payments network live

Visa sends blockchain-based B2B payments network live

Upon launch, it covers over 30 global trade corridors, with plans to expand to 90 markets by the end of the year. Visa B2B Connect works using a digital identity feature. " Bottomline is delighte...

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Facebook’s Zuckerberg is the latest target of doctored video

Facebook’s Zuckerberg is the latest target of doctored video

If third-party fact checkers flag an item on the main service as false, the company "downranks" it to make it more hard to find. Facebook does not prohibit false information from being shared on Ins...

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Ford issues four safety recalls, one for Canada-only

Ford issues four safety recalls, one for Canada-only

The automaker said that a rear toe link that can break and reduce steering control. At least one customer reported a failure, which led to the vehicle hitting a curb, though no injuries have been as...

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In India, Facebook unveils new paid research program to track competitors, startups

In India, Facebook unveils new paid research program to track competitors, startups

This includes apps installed and the amount of time spent on them, country, device and network type of the user. Facebook said Study would not collect user IDs, passwords, or content, including ph...

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FedEx Express will not renew contract with Amazon

It's also launching a program that lets contractors start businesses delivering packages in vans bearing the Amazon smile logo. USA package volume from online shopping is expected to double by 2026, F...

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Audi recalls e-tron to address battery leak, fire risk

Audi recalls e-tron to address battery leak, fire risk

Dahnke said no customers in the USA have reported the fault indicator light activating or any incident with the grommet failing, but that approximately five e-trons in Europe - where the vehicle has b...

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Tyson Foods recalls 190,000 pounds of chicken products

Tyson Foods recalls 190,000 pounds of chicken products

The ready-to-eat chicken fritter products were made on February 28, 2019. Last Friday, the agency announced in a press release that Tyson Foods would recall approximately 190,757 pounds of the i...

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Build-A-Bear brings back ‘Pay Your Age' day in June

Build-A-Bear brings back ‘Pay Your Age' day in June

Most furry friends available for purchase are included with the ticket, with some exclusions. Those who win will find out via email around June 21, according to Build-A-Bear. Build-A-Bear has "imple...

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Dropbox relaunches with new user experience, apps and integrations

Dropbox relaunches with new user experience, apps and integrations

On the partnership front, Dropbox has formed native integrations with Slack , Zoom and Atlassian, creating integrated workflows between Dropbox and these services. Dropbox Team admins can go a step f...

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Kroger bringing CBD products to 92 stores in MI

Kroger bringing CBD products to 92 stores in MI

The Kroger Co .is becoming part of the retail craze involving CBD. Since then retailers have been targeting various ways to profit from the growing cannabidiol market. The federal government remove...

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Amazon Restaurants food-delivery service on the chopping block

Amazon Restaurants food-delivery service on the chopping block

With the closure in the US, Amazon Restaurants is officially dead. The service, called Amazon Restaurants, offered delivery in more than 20 cities in the U.S. It is also ending its Daily Dish prog...

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Media Study Shows How Much Google Is Making From News

Media Study Shows How Much Google Is Making From News

The study also shows the importance of news to Google's revenue stream: a reported 40 percent of clicks within trending queries are news-based. According to a study, issued on Monday by the News M...

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Fiat Chrysler Working with Silicon Valley Startup on Autonomous Vehicles

Fiat Chrysler Working with Silicon Valley Startup on Autonomous Vehicles

FCA and Aurora have a deal to lay the groundwork for a partnership to use Aurora's self-driving system globally in Ram and Fiat vehicles used for deliveries and other duties. The two companies signed ...

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Global stocks climb with bond yields on trade optimism

Global stocks climb with bond yields on trade optimism

Global investors had feared that opening up another trade conflict, while still battling with China, could tip the United States and other economies into recession. The Federal Reserve's next policy m...

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Uber Air's $100 'flying taxi' rides between Melbourne CBD and airport

Uber Air's $100 'flying taxi' rides between Melbourne CBD and airport

A 2016 Uber Elevate paper described a network of small and electric aircraft that can take off and land vertically known as VTOL (vertical take-off and landing). While the dream of door-to-door ai...

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Battle erupts over NYT report calling Mexico immigration pact a mirage

Battle erupts over NYT report calling Mexico immigration pact a mirage

Another option would be a regional agreement including Mexico and other Latin American countries to assume responsibilities for asylum-seekers. In our editorial last week , we said, "If Trump's t...

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Trump calls French wine tariffs unfair, vows to ‘do something' about it

Trump calls French wine tariffs unfair, vows to ‘do something' about it

The EU has approved two areas for negotiation - one to cut tariffs on industrial goods, the other to make it easier for companies to show products meet EU or U.S. "The China deal is going to work ou...

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Fall in vehicle production hits United Kingdom growth

Fall in vehicle production hits United Kingdom growth

Auto production fell by 24pc and manufacturing as a whole by 3.9pc in April. The ONS's head of GDP, Rob Kent-Smith said: "GDP growth showed some weakening across the latest 3 months, with the econom...

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Trump claims victory on Mexican migration

Trump claims victory on Mexican migration

U.S. President Donald Trump has indicated he may place new tariffs on French wine to help bolster the position of U.S. winemakers. Mexican officials on Monday denied any such side agreement on con...

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Huawei not to be banned in Brazil: vice president

Huawei not to be banned in Brazil: vice president

The Shenzhen-headquartered firm, which is under huge pressure after the U.S. issued the ban warning that Huawei systems could be manipulated by Beijing to spy on other countries and disrupt critical c...

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India's IT czar, founder of Wipro to step down next month

India's IT czar, founder of Wipro to step down next month

Abidali Z. Neemuchwala will, however, succeed billionaire Premji as the Managing Director from July 31 till the end of his current term, in addition to being Chief Executive Officer. His son Rishad ...

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Mexican president praises foreign minister after U.S. agrees to drop tariffs

Mexican president praises foreign minister after U.S. agrees to drop tariffs

There is further uncertainty around Trump's comments on Saturday that Mexico had agreed to "immediately begin" buying "large quantities" of agricultural goods from US farmers. On Friday, the United St...

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Raytheon and United Technologies announce $121bn merger

Raytheon and United Technologies announce $121bn merger

Trade tensions between the United States and China were blamed at least partly by analysts for that delay, but a source close to the deal said the companies did not expect this to be repeated becaus...

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Fiat Chrysler in talks with Aurora on autonomous vehicles

A Fiat Chrysler Automobiles (FCA) sign at its U.S. headquarters in Auburn Hills, Michigan, U.S., May 25, 2018. Waymo is taking over an idled facility in Detroit to equip the vehicles with self-driving...

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Oil price could fall to $30 if global deal not extended: Novak

Oil price could fall to $30 if global deal not extended: Novak

Brent crude futures fell $1, or 1.6%, to settle at $62.29 a barrel. US West Texas Intermediate (WTI) crude futures were at $54.32 per barrel, 33 cents, or 0.6 percent. After a meeting with Russia's...

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Salesforce acquires Tableau to take on Microsoft Power BI

Salesforce acquires Tableau to take on Microsoft Power BI

Shares of Tableau jumped 35 per cent to $169.50, while those of Salesforce slipped 3 per cent to $156.43 in premarket trading. "It's truly the best of both worlds for our customers - bringing togeth...

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G-20 finance officials pledge to protect global growth

G-20 finance officials pledge to protect global growth

Despite problems pointing to the ongoing trade war between the US and China , . the finance leaders stopped short of calling for a resolution. Officials said that although growth appears to be st...

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Three will switch on its '2x faster' 5G network in August

Three will switch on its '2x faster' 5G network in August

On top of that it's promised 5G mobile and broadband services will launch in 25 towns and cities across the United Kingdom before the end of the year. United Kingdom mobile operator Three on Monday sa...

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