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RBI interest rate setting panel starts 3-day meet

The decision was expected as the majority of analysts projected on Thursday that the Central Bank would keep its key rate, waiting for the business' reaction ...

Rise in USA stockpile sees oil prices sink

On the New York Mercantile Exchange, West Texas Intermediate futures were trading down 1.2% at $67.95 a barrel. WTI rose on expectations that USA inventories ...

US Confirms Plan to Raise China Import Tariff to 25 Percent

Before the tariffs go into effect, they are subject to a public comment period. Mr Trump also got more push-back on his tariff plans from the US Congress as...

Heineken hit as Brazil, currencies force margin outlook cut

Overall, the brewer sold more beer in the first six months of 2018 than expected, with growth rose steepest in its two most profitable markets, Vietnam and Mexi...

RBI increases repo rate by 25 bps to 6.50%

In June, the RBI had raised the repo rate by 0.25 percent to 6.25 percent. Indian Banks Association's chairman (officiating), Shyam Srinivasan, said though th...

Kroger threatening to ban Visa cards over 'swipe' fees

The Salinas Foods Co will no longer accept VISA credit cards after August 14. "Visa is disappointed at Kroger's decision to stop accepting Visa credit cards...

Tyson Lowers Outlook on Fallout From Tariffs, Commodity Market Volatility

In order to gain profit from stock trading require knowledge about stock research and analysis. 2373002 shares changed at hands in last session versus to an ave...

People Angry At Coles Plastic Bags

In a message to the retailer's 115,000 staff on Thursday, Mr Durkan said the ban on single-use plastic bags had been a "big and difficult" change for customers....

Google reportedly plans to release a censored search app in China

That said, the company has been making slight overtures to the Chinese people. The source told The Intercept "they had the moral and ethical concerns" about G...

DOJ announces arrest of 3 men allegedly behind notorious FIN7 hacking group

FIN7 is accused of attacking more than 100 U.S. companies since 2015. A graphic from the Justice Department showing the extent of FIN7's hacking campaign. One...

Wells Fargo pays $2.1 billion fine over subprime mortgages

Wells Fargo was then one of the largest mortgage lenders in the U.S., and from 2005 to 2008, sold 73,529 mortgage-backed bonds - about half of which have defaul...

Bank of Japan Shift Propels Biggest Bond-Yield Jump in Two Years

German and French government bond yields dropped 3 to 4 basis points after the Bank of Japan move and the euro EUR=EBS hopped a fifth of a percent higher at...

Trump Raises Proposed Chinese Tariffs to 25%

U.S. Trade Representative Robert Lighthizer said Trump directed the increase from a previously proposed 10 percent duty because China has refused to meet U.S. T...

Tesla posts Q2 earnings: Revenue hits all-time high of $4 billion

The company's future rests on its ability to mass produce the Model 3 - its most economical vehicle - a task that has seen Tesla fail to meet numerous self-im...

Turkey threatens to retaliate against any United States sanctions over detained pastor

Aaron Stein a senior fellow at the Atlantic Council's Rafik Hariri Center for the Middle East, told The National that the new sanctions "are obviously a big dea...

Why interest rates are going up

The following hike by the RBI comes after it had raised the repo rate for the first time in four years to 6.25%. Consequently, the reverse repo rate under the...

Wall Street set to open higher on tech rebound, positive data

The Commerce Department said US consumer spending increased 0.4 percent last month as households spent more on restaurants and accommodation, building a strong ...

USDA issues alert about salads, wraps

Cyclospora can have an incubation period of up to two weeks, so illnesses could surface up until August 6, according to Food Safety and Inspection Service. Cyc...

Qdoba claps back at Chipotle over National Avocado Day deal

All you have to do is enter the promo code " AVOCADO ". To get your free guac at Chipotle you need to order an entree online or make an in-app purchase. Limit...

Gay couple claims airline forced them to switch seats for straight couple

Cooley told the story of how he and his partner were traveling back to LAX from New York's John F. Kennedy International Airport , when Alaska employees ...

Porsche Taycan specs trickle out ahead of debut next year

Porsche's PSM motors were used by the company in the 919 Hybrid, a sports-prototype racing auto that won the 24 Hours of Le Mans in the event's Prototype-1 H...

Yemen's Houthis ready to halt Red Sea attacks

The panel said there was a "high probability" that the missiles were manufactured outside of Yemen, shipped in sections to the country and reassembled by the Ho...

Chipotle slumps after illness complaints linked to OH outlet

A spokeswoman for the Delaware General Health District said the agency is in the "infancy" stages of its investigation. Addressing food safety concerns is amo...

Dixons Carphone admits June mega-breach affected 10 million customers

The biz - which owns Carphone Warehouse and Currys PC World - has now almost completed a full investigation of the unauthorised access that it said took place...

OnePlus Is Killing It In The Indian Premium Smartphone Market

This was due to strong sales of its flagship OnePlus 6 which was launched during the quarter. Each new model launched by OnePlus sees good sales thanks to word ...

China warns against blackmail as Donald Trump considers higher tariffs

A source tells Reuters: the administration plans to bump up proposed tariffs from an initial 10 percent to 25 percent on 200 billion dollars of imported Chin...

Oil extends decline after biggest monthly slump in two years

Oil slipped below $74 a barrel on Wednesday, pressured by an industry report that US stockpiles of crude rose unexpectedly and by higher OPEC production, add...

Mirror and Express owner Reach makes £113.5m first-half loss

Adjusted operating profit increased by 6.2 per cent to £66.5m, but the group reported a statutory operating loss of £107.3m, as a result of a non-cash impairmen...

MoviePass Raises Prices, Limits Access to New Movies to Save Itself

The price hike to the standard plan will go into effect within the next thirty-days, according to MoviePass . Hundreds of complaints pour in about MoviePassAcc...

Wisconsin sales tax holiday begins Wednesday

The holiday comes with plenty of strings attached. "The biggest misnomer about it, it's not just back-to-school products, there's a whole list of products, ba...