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S&P, Nasdaq finish lower, ending rally ahead of jobs report

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Pending Home Sales Down in July

The long-standing shortage of sales listings and persistently high prices have blunted the benefits of mortgage rates nearing all-time lows. Last week, the as...

FM Sitharaman unveils major overhaul of ailing state-run banks

The Canara Bank will take over the Syndicate Bank to form the fourth-largest public sector bank with Rs 15.2 lakh crore business and the third largest branc...

Signs of new US-China trade discussions emerge as increased tariffs loom

President Donald Trump's demand that they find alternatives to China. Trump's comment comes after China's commerce ministry said August 29 that the two si...

India’s GDP growth slows to 5%, more stimulus expected

The economic survey report mentioned stable macroeconomic conditions as the reason behind the higher growth forecast for this fiscal. Huge political mandate a...

Bug Bounty Program Launched by Libra Association Will Reward Security Experts

This trade-off-a permissioned blockchain where only Libra Association members operate a limited number of nodes-heightens already paramount security concern...

India's GDP growth slows to 5% in April-June

The growth numbers could prompt the Reserve Bank of India's monetary policy committee to cut interest rates by at least 25 basis points in October. Sunil Sinh...

Cash transactions up by 17%, says RBI report

The transfer from its surplus reserves followed recommendation from a panel named by the RBI. During the year, the central bank also made gains of ₹29,143 cro...

Saudi Aramco board sees too many risks for New York IPO

In a blow to the United Kingdom, the world's biggest company is said to have lost its enthusiasm for the City because of the rising chance of a No Deal Brexit. ...

Court Rules Against Legal Challenge To Stop Boris Johnson Suspending Parliament

However, Roddy Dunlop QC, representing the UK Government, called on the judge to reject the request, as the Queen has already prorogued Parliament and there is ...

China rotates new batch of troops into Hong Kong

Any request would have to go first to China's Cabinet and then to the Guangzhou military command that is in charge of the Hong Kong garrison, she said. The offi...

PNB, Oriental Bank and United Bank to be merged: FM Nirmala Sitharaman

The liquidity support to NBFCs and housing finance companies has improved as the partial credit guarantee scheme has been executed. While PNB will retain its id...

Economic Growth in Second Quarter Revised Down to 2%

Despite the resilience consumers are showing, the overall economic picture is weakening. The recovery became the longest in USA history last month but analysts ...

Toyota takes a slice of Suzuki

Suzuki is one of the world's leading small auto maker while Toyota is known for its bigger variants. "It appears to be very similar to the mutual investments ma...

Bell’s self-flying cargo drone completes its first flight

The drones also come as Japan's labor shortages in the transportation sector grow more severe. Autonomous Pod Transport 70 was tested at Bell's proving ground...

U.S. yields extend rise after weak 7-year auction

Stocks have been whipsawed over the past few weeks as trade rhetoric between the United States and China has ranged from combative to conciliatory. "If there'...

Alberta cannabis retailer Four20 bought by Tilray for $110 million

Tilray said it would use Four20's retail expertise to help expand in other provinces. "Strategic retail partnerships that enable us to build direct relationsh...

PM Narendra Modi launches 'Fit India Movement'

And to take the stairs, you have to be fit, PM Modi said, addressing a large gathering of ministers, schoolchildren, celebrities and others in Delhi's Indira...

Bolivia's president welcomes int'l aid to put out wildfires

Bolivia has begun to coordinate worldwide aid to put out fires eating away at its Amazon rainforest, Minister of Foreign Affairs Diego Pary said on Monday. B...

Popeyes sells out of chicken sandwiches... at ALL locations

This whole thing has made Popeyes lots of money. Popeyes' officially launch of chicken sandwich on august 12 was a big bang event and touted as the firs...

Peace offering: Chick-fil-A worker hands out sandwiches to Popeyes employees

I can't think straight ", he told the Press on Thursday. North Carolina resident Jené Walker was stopping by a local Popeyes for lunch on August 26 when she...

Whirlpool Recalls 26,000 Glass Cooktops

Whirlpool encourages consumers who have the appliances in their home to contact the company immediately to arrange a free replacement. The CPSC says Whirpool ...

Oil prices rise as hopes grow for U.S.-China trade breakthrough

Oil prices are being hit "in large part because of worries about a severe global economic slowdown and potentially even a US recession", said Stephen Innes, ma...

Forever 21 prepares for potential bankruptcy filing

Now the company is believed to be looking to secure a so-called "debtor-in-possession loan" which would allow it to file for Chapter 11 bankruptcy protection. I...

Former Google worker charged with stealing self-driving secrets sold to Uber

Meanwhile, lawyers representing Levandowski in this latest case said their client stole nothing and that they looked forward to proving his innocence at trial. ...

Continued tourist spending slump weighs on Tiffany’s results

Revenue declined by 3% from a year earlier to reach $1.05 billion. The net income saw a drop of $136.3 million or $1.12 a share. Tiffany expects worldwide ...

Mitsubishi adds off-grid solar assets in Africa with stake in BBOXX

The cash injection will enable Bboxx to continue with its worldwide expansion. BBOXX and its rivals use mobile money to charge customers a monthly fee for...

Virgin Australia set to lose 750 jobs

In addition to job losses at head office, Scurrah has also unveiled a new, simplified organisational structure for his executive leadership team created to bein...

Oil prices hold gains after USA inventory drawdown

The weekly report published by the US Energy Information Administration (EIA) revealed that commercial crude oil inventories in the US decreased by 10 million...

Govt Relaxes FDI Norms For Several Sectors To Boost Growth

From now on, total sourcing including by group companies will be considered for meeting the 30% local sourcing norm. Welcoming the move, Janne Einola, Country...

China isn’t planning immediate retaliatory tariffs

Pat Toomey, an outspoken critic of Trump's tariffs, told Politico in a story published Thursday that "there's no question" the President's trade war is weighi...