Finance

Point Analysis | RBI MPC Meet: Another interest rate cut on the cards?

MORE NEWS THIS CATEGORIES

IBM Moves Into Cloud Business With $34 Billion Acquisition

Apparently, Red Hat will continue to operate as a distinctive unit within IBM , reporting as a part of IBM's Cloud and Cognitive Software business. IBM has ...

USD Spikes Lower as Dovish Fed Powell Sets Stage for Rate Cuts

MSCI's broadest index of world stocks .MIWD00000PUS was trying to shake off three days of modest losses, though a muted morning for Europe and lower Wall Street...

IndiGo promoter feud out in the open

In his letter to Securities and Exchange Board of India (Sebi ) Chairman Ajay Tyagi and other top officials, Gangwal lamented that IndiGo has started veering...

US MIDDAY: corn down

August soybean futures settled up 7 cents at $8.86 a bushel, holding above chart support at the contract's 50-day moving average near $8.69-1/2. The US Depa...

Uber launches helicopter service in NYC, expands 'no talking' rides nationwide

Louis, Tampa Bay, Tucson, Wichita, and Washington D.C. It's not clear if Uber will expand the new option to other countries, though. There's just one availa...

President Trump takes to Twitter to support Home Depot and Bernie Marcus

Now, do I agree with every move that he makes? "The truth is he has produced more than anybody else". "The left-liberal crowd has gone buck-wild insane with...

Ford recalling roughly 400 Focus cars in Canada over engine fault

No collisions or injuries related to this issue have been reported. If that happens, owners may see a warning light illuminated on the dash, a gas gauge that's ...

American Airlines Apologizes to Doctor Ordered to Cover Shorts

When she arrived at the Kingston airport, she recalls, she was sweating and stepped inside a bathroom to cool off before boarding. She said she was given a blan...

Cisco acquires Acacia Communications for $2.6 billion

The deal may also be driven by Cisco's desire for leadership in the service provider world, especially as competitor Huawei continues to compete against Cisco...

China's June factory price growth flat; CPI up 2.7% y-o-y

Food prices grew 8.3 percent year on year last month, up from 7.7 percent in May, while non-food prices gained 1.4 percent, 0.2 percentage points lower than tha...

Oil rises more than 1% after US stockpile drop; Brent nears $65

OPEC , Russia and other non-members, known as OPEC+, agreed last December to reduce supply by 1.2 million bpd from January 1 this year. Brent has risen nearly 2...

Delta flight forced to make emergency landing

In the brief, but startling footage captured high above the clouds, the center of the air intake opening on the plane's turbofan engine can be seen bouncing aro...

Deutsche Bank cuts 18,000 jobs in €7.4 billion overhaul

The bank closed a major part of its trading businesses which first affected employees in Sydney and Hong Kong. Finally, UBS Group reiterated a "hold" rating on ...

Powell vs. Bank of Canada vs. Fed Minutes

After hitting a six-month low to the dollar on Friday as a result of poor economic data and a rise in expectations that the Bank of England will cut interest ...

UK Government thinks it can stop ALL smoking in 11 years

The latest Office for National Statistics data shows that 23.1 per cent of people aged 18 and over in Mansfield were smokers past year. The document says the ...

China’s Central Bank Developing Own Digital Currency in Response to Libra

Speaking at an event at Peking University's Institute of Digital Finance earlier on Monday, Wang Xin, head of the research bureau at the PBoC, said if Libra b...

Why Apple's 'troubles' may not go away with 2019 iPhones

We're only a few months away from the moment Apple is supposed to unveil its new-generation iPhones , and the closer we get to this highly-anticipated launch...

ABB sells solar inverter business

ABB estimates that it will affect the company's half-year results of 2019 since it will result in an after-tax non-operational charge of around Dollars 430 mil...

Disney recalls Forky toy due to choking hazard

The plush version of a character introduced in the latest " Toy Story " movie is being recalled due to a choking hazard. Approximately 80,000 units of the t...

Virgin Galactic to blast off on stock exchange

Richard Branson's space-tourism company will merge with Social Capital Hedosophia Holdings (SCH), giving the special-purpose acquisition company a 49% stake, it...

New electric Mini Cooper SE revealed … and confirmed for SA!

A concept version of the auto was shown at the 2018 Goodwood Festival Speed and a production ready model was unveiled at this year's motor show. That electric...

France will implement an 'ecotax' on plane tickets from 2020

Shares of Air France and Lufthansa extended losses and were down 4.5 per cent and 2.5 per cent respectively following the announcement. Transit flights will not...

Eva Air flight staff to end strike after deal with management

According to the Taoyuan Flight Attendants Union, the strike will end tomorrow at midnight. This strike was the longest in the history of Taiwan. The Taiwan...

Japan says it won't retract or renegotiate export rules on S. Korea

Hong Nam-ki, Minister of Economy and Finance and Deputy Prime Minister of South Korea, said on Monday Japan must revoke the trade restriction as it would negati...

British Airways faces record-breaking $230M GDPR fine for 2018 data breach

European data protection rules - known to millions of website users as GDPR - came into force in 2018, and allow regulators to fine companies up to four per...

Burger King Launches A Halloumi Burger For Cheese Lovers

If you're not veggie, but fancy a slice of the creamy cypriot delicacy, you can also hack the menu and get it added onto that Whopper or other meaty burger . "...

Dollar regains footing as bets on aggressive US rate cuts reduce

Since the start of the year, global equities have been bolstered by expectations central banks will keep interest rates at or near record lows to boost economic...

Retiree groups demand changes to pension deeming rate

However, having delivered its 10-year 158 billion Australian dollar (110 billion US dollar) tax package earlier in July, Treasurer Josh Frydenberg told reporter...

Older Teslas could get self-driving-capable chip this year: Elon Musk

Tesla will likely start installing the chip it created to one day make its cars autonomous on vehicles that don't already have it near the end of this year, CEO...

Waymo tests Wi-Fi in driverless taxis

There are a number of potential benefits associated with these vehicles, including the convenience of a ride-sharing service without the uncertainty that comes ...