Economy

European Union wants Airbnb to answer consumer complaints, adapt rules

European Union wants Airbnb to answer consumer complaints, adapt rules

Airbnb said it was looking into the issues brought to its attention by the European Commission. The EU Commission said Airbnb must also clearly distinguish between offers from a private or profess...

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Rupee weakens against dollar

Rupee weakens against dollar

According to forex dealers, the United States dollar saw a rise of Rs0.76 in the interbank market today. When the dollar rises up against the rupee, every commodity and service which is paid in do...

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Trump Administration Investigating Uranium Imports Under National Security Concerns

Trump Administration Investigating Uranium Imports Under National Security Concerns

The Commerce Department similarly launched a review centered on a trade law known as Section 232, which allows tariffs to be placed on imports in the name of national security, before imposing those t...

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Amazon founder Jeff Bezos becomes modern era's richest man

Amazon founder Jeff Bezos becomes modern era's richest man

Jeff Bezos's wealth has risen by $US52b this year alone. The $US100 billion mark that Gates hit briefly in 1999 at the height of the dot-com boom would be worth about $US149 billion in today's dollars...

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Flynas 'Best Low-Cost Airline in the Middle East' anew

Flynas 'Best Low-Cost Airline in the Middle East' anew

The Skytrax award is part of flynas' series of successes, the last of which was winning the Middle East's Leading Low-Cost Airline award from World Travel Awards for the fourth consecutive year in D...

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Walmart, Microsoft team up to take on Amazon

Walmart, Microsoft team up to take on Amazon

In a jab at Amazon , Walmart announced today that it will be forming a new partnership with Microsoft to accelerate their digital transformation. Though Walmart already uses Microsoft products and ...

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United Kingdom seeks to allay Brexit fears at Farnborough air show

United Kingdom seeks to allay Brexit fears at Farnborough air show

Airbus announced a mix of orders - some firm, some promised - that would be worth tens of billions of dollars at list prices. By protecting the supply chains that companies such as Bombardier, Roll...

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Japan, EU ink free trade deal amid worries about U.S. protectionism

Japan, EU ink free trade deal amid worries about U.S. protectionism

By strengthening ties with the EU, Japan hopes to vitalise mutual direct investment, fight other global trends toward protectionism and enhance the stature of Japanese brands, the foreign ministry...

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Why the International Monetary Fund revised India's growth projection and why it doesn't matter

Why the International Monetary Fund revised India's growth projection and why it doesn't matter

Nigeria's growth is set to increase from 0.8% in 2017 to 2.1% in 2018 and 2.3% in 2019 on the back of an improved outlook for oil prices. Although India is still expected to be the fastest growing m...

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Iran files complaint with ICJ against U.S. over renewed sanctions

Iran files complaint with ICJ against U.S. over renewed sanctions

Mnuchin's comments were embargoed for release on Monday, perhaps to coincide with the visit of the U.S. delegation to Delhi. It was not immediately clear whether Gokhale requested the United States...

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CVS workers lose jobs after cops called on black customer

CVS workers lose jobs after cops called on black customer

After the ordeal made national headlines, CVS later contacted Hudson and apologized to her over the incident. The company said the two staffers involved are no longer employed. The situation escalat...

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OSU cuts ties with Papa John’s Pizza

OSU cuts ties with Papa John’s Pizza

Schnatter's letter detailed what happened in his call with the marketing firm, Laundry Service , and went on to say that he will not allow his "good name or the good name of the company I founded and...

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WhatsApp rebellion: ex-minister rallies Brexit hawks against UK PM May

WhatsApp rebellion: ex-minister rallies Brexit hawks against UK PM May

There will be a chance for them to take revenge in the Commons today when MPs pass their judgement on amendments to another crucial piece of Brexit legislation, the Trade Bill. If parliament does fi...

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Stock Tanks on Weak Subscriber Adds — Netflix Earnings

As a reminder, the quarterly guidance we provide is our actual internal forecast at the time we report and we strive for accuracy, meaning in some quarters we will be high and other quarters low relat...

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IPhone sale: Upto 30% discount on iPhones at Amazon Prime Day sale

IPhone sale: Upto 30% discount on iPhones at Amazon Prime Day sale

Amazon Prime Day 2018 began at 3:00 p.m. EDT. Despite the bust out of the gate, Amazon has time to salvage the day if the problems are quickly fixed, Kodali said. Not to mention that if you spend...

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Netflix Earnings: Stock Tanks on Weak Subscriber Adds

Netflix Earnings: Stock Tanks on Weak Subscriber Adds

Netflix's stock got hammered after the bell after reporting that it added far fewer subscribers in the second quarter than Wall Street was expecting - and warned of another subscriber shortfall to co...

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These retailers also offering deals on Amazon Prime Day

These retailers also offering deals on Amazon Prime Day

CNET's Dan Ackerman joins "CBS This Morning" to discuss what to expect from the big sale. Some movies and TV shows will also have massive savings for Prime members, at 50% off. and lasts until mid...

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China presses Europe for anti-U.S. alliance on trade

China presses Europe for anti-U.S. alliance on trade

The Ministry of Commerce said last week China would immediately file a complaint to the WTO against U.S. unilateralism, following the United States' threat to slap 10 percent tariffs on an extra US$...

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China files WTO challenge to Donald Trump's Dollars 200 billion tariff hike

China files WTO challenge to Donald Trump's Dollars 200 billion tariff hike

Germany's Green MEP Reinhard Butikofer said to the German newspaper, Die Welt: "In the European Union, we should be wary of the view that during Trump's time the Chinese would be our best friends". ...

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Papa John’s to remove founder’s image from ads

Papa John’s to remove founder’s image from ads

Papa John's had already announced last week that Schnatter resigned as chairman of its board of directors and his image would no longer be used in its marketing, but the newest release detailed addi...

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Target Launches Rival Sales Event to Coincide With Amazon's Prime Day

Target Launches Rival Sales Event to Coincide With Amazon's Prime Day

Honor, Huawei's sub brand for digital natives, today announced attractive offers on selected range of Honor smartphones such as Honor 7X, Honor View 10 and Honor 7C exclusively for Amazon Prime ...

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Apple leads US$300 million China renewables fund

Apple leads US$300 million China renewables fund

The fund itself will be managed by Deutsche Bank subsidiary DWS Group, which has also made an investment. Apple suppliers that are participating in the fund include Compal Electronics, Corning Inc...

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US soybean growers denounce additional tariffs on Chinese goods

US soybean growers denounce additional tariffs on Chinese goods

Even Brazil, the world's top soya bean exporter, is prepping for major purchases of U.S. soya beans to feed its domestic processors as it diverts more of its own crops to China at premium prices, ac...

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Target tries its own version of Prime Day

Target tries its own version of Prime Day

Microwave ovens There are good deals available on microwave ovens this Amazon Prime day with over 40% off on some brands such as BPL. Also, SBI is offering an instant discount of 10 per cent on t...

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Thai Cave Rescuer Says Elon Musk’s Mission Was a

Thai Cave Rescuer Says Elon Musk’s Mission Was a "PR Stunt"

The submarine was reportedly 5 feet and 6 inches long, small enough to carry one of the boys but likely rigid and obtuse in the tight, murky dimensions of the cave network. Huge credit to pump & gener...

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Elon Musk Calls Diver Involved in Thai Rescue Efforts a ‘Pedo Guy’

Elon Musk Calls Diver Involved in Thai Rescue Efforts a ‘Pedo Guy’

Representatives for Musk didn't immediately respond to a request for comment. He was the one who helped pinpoint exactly where the boys were within the cave complex. "It just had absolutely no cha...

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Does Netflix Favor Disney Or Comcast To Win Fox? 07/13/2018

Does Netflix Favor Disney Or Comcast To Win Fox? 07/13/2018

Comcast expects to pay its advisers between 203 million pounds and 243 million pounds in total for their work on the Sky bid, the US group estimated in its formal offer document for the British com...

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More than 30 Ryanair passengers hurt after plane loses cabin pressure

More than 30 Ryanair passengers hurt after plane loses cabin pressure

Depressurisation led to the emergency landing at Frankfurt Hahn airport shortly after 9pm. In line with standard procedure, the crew deployed oxygen masks and initiated a controlled descent. Numerous ...

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Larry Page funded company unveils BlackFly personal aircraft

Larry Page funded company unveils BlackFly personal aircraft

BlackFly is a flying vehicle prototype developed by Palo Alto-based startup Opener. This makes BlackFly the first "USA-Qualified Ultralight All-Electric Personal VTOL Aircraft". Californian company...

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The Amazing Save Which Denied Harry Kane An England Goal Against Croatia

The Amazing Save Which Denied Harry Kane An England Goal Against Croatia

The spokesperson said 52 per cent of bets it held were on on France to beat Croatia at fulltime, and 70 per cent of bets were on France to hoist the trophy early on Monday (3am kickoff NZT). Every tim...

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$7,500 federal tax credit for Tesla buyers to end December 31

$7,500 federal tax credit for Tesla buyers to end December 31

But by 2021, when traditional automakers will have several electric vehicles on the road, Tesla will likely not be the leader, says the study. Last year, Tesla witnessed an increase in sales by ne...

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Hudson's Bay pulling Ivanka Trump clothing line due to lack of sales

Hudson's Bay pulling Ivanka Trump clothing line due to lack of sales

Six Ivanka Trump label products still appear on Saks Off 5th website, which is also owned by the Hudson's Bay Company - though all are clearance items up to 80 per cent off. The retail giant told ...

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Microsoft chief Brad Smith raises alarms about face recognition

Microsoft chief Brad Smith raises alarms about face recognition

Consider just one recent controversy: Amazon's sale of its facial recognition technology to law enforcement agencies caused much anguish inside and outside the company. The American Civil Libertie...

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Binance Will Help Create New Type of Bank in Malta

Binance Will Help Create New Type of Bank in Malta

In essence, the new bank represents an effort to bridge the crypto industry with conventional banking. Binance will open a decentralised bank in Malta after receiving a banking license from th...

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Pay your age coming to Hurts Donuts on Monday

Pay your age coming to Hurts Donuts on Monday

Vouchers will be honored by August 31 of this year. Huge crowds forced Build-A-Bear to cancel its "Pay Your Age" event. The vouchers must then be printed or presented as a screenshot at Build-A-Bear...

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