Economy

SBI launches share sale to raise Rs11,000 crore

SBI launches share sale to raise Rs11,000 crore

Last year, SBI had received Rs7,575 crore from the government as part of the centre's capital infusion plan. State Bank of India , biggest public sector bank in the country has raised ₹15000 crores...

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Qatar flight ban begins, first efforts seen to resolve crisis

Qatar flight ban begins, first efforts seen to resolve crisis

They have jobs and a stable life here with their families. Private-sector workers were not anxious about deportations, saying they did not think it was in the interest of their companies to take s...

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Equatorial Guinea signs production-sharing deal with ExxonMobil for block EG-11

Equatorial Guinea signs production-sharing deal with ExxonMobil for block EG-11

Irish oil exploration company Clontarf Energy has been awarded offshore acreage of roughly 5,052km sq by the government of Equatorial Guinea. The production-sharing contract with Exxon is for a bl...

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Apple Introduces Amazon Rival: Siri Smart Speaker/Home Pod

Buried beneath all the music-related announcements was what we'd expected all along: home and life management via Siri . And these are compatible with other AirPlay 2 speakers. I'm sure HomePod wil...

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Trump Administration Seeking Permits For Seismic Air Gun Surveys In Atlantic

Trump Administration Seeking Permits For Seismic Air Gun Surveys In Atlantic

The Trump Administration is set to bring the Atlantic coast one step closer to energy exploration and development, as the National Marine Fisheries Service is expected to request five Marine Mammal ...

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Bloomberg leads mass coalition declaring support for Paris climate deal

Bloomberg leads mass coalition declaring support for Paris climate deal

The firms who were noticeably absent were Oracle, IBM, and all the major telecommunications providers. They came as Nikki Haley, the USA ambassador to the United Nations, ended days of confusion to ...

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Lyft Adds NuTonomy as Another Driverless-Car Partner

Lyft Adds NuTonomy as Another Driverless-Car Partner

The cars, which will be Renault Zoe electric cars like those used in the Singapore program, will be owned by nuTonomy, which has a separate partnership with Renault's parent company, the PSA Group. ...

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Latest Stocks: Regentatlantic Capital LLC Increases Position in JPMorgan Chase & Co. (JPM)

The stock decreased 0.51% or $0.42 on June 2, reaching $82.64. (NYSE: JPM ) insider Ashley Bacon sold 6,514 shares of the firm's stock in a transaction dated Thursday, May 11th. (NYSE:VZ) on Monday, F...

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South Africa's economy falls into recession

South Africa's economy falls into recession

Gross domestic product receded an annualized 0.7 percent in the first quarter from a contraction of 0.3 percent in the previous three months, Statistics South Africa said in a report released on Tue...

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Apple just updated its thinnest, lightest MacBook - here's what's new

Apple still pitches the MacBook to people who are okay with good enough performance in a package that's easy to take on the go. Ternus added that the SSD storage options are now up to 50 percen...

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Snap Inc acquires location analytics startup for $200 mn

Snap Inc acquires location analytics startup for $200 mn

Shim will continue to lead the team and report to Snap Chief Strategy Officer Imran Khan , the report noted. Though the terms of the deal were not disclosed in the Monday announcement, Geekwire ...

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British Airways orders independent probe into systems meltdown

British Airways orders independent probe into systems meltdown

British Airways parent International Consolidated Airlines Group (LON:IAG) has announced an independent investigation into the IT crash at the British flag carrier which recently disrupted the journe...

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Bristol-Myers Squibb Co (BMY) Shares Bought by Portland Global Advisors LLC

Bristol now has $91.29 billion valuation. In the last 90 days, insiders sold 190,501 shares of company stock valued at $10,690,203. (NYSE:DKS) trades at $41.01 having a market capitalization of $4.67 ...

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Hands-on with iOS 11 features on the new 10.5-inch iPad Pro

If the speculation pans out, the speaker would be Apple's first new product since its smartwatch in 2015, Sunday, June 4, 2017. The new iOS will now synchronize messages across iOS and macOS aut...

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Can analysts adopt a bullish outlook for Sophos Group PLC (LON:SOPH)?

The company reported $0.99 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $0.38 by $0.61. Fedex Corp now has $53.03 billion valuation. The rating was upgraded b...

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Reasons Not to Install iOS 11 Beta & 5 Reasons You Should

You can start using the speaker by saying the wake phrase "Hey Siri" and then ask it to do things, such as play music. Unlike those other smart speakers, Apple is positioning the HomePod primarily a...

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China Hit With First Credit Downgrade In Decades

Moody's expects China's economy, the world's second biggest, to continue gradually slowing, with potential economic growth declining to close to 5 percent over the next five years. Triple A is the hi...

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Graphic Packaging Corp (NYSE:GPK) Stock Price Up as Sentiment Improves

Bronfman E.L. Rothschild L.P. now owns 8,039 shares of the industrial products company's stock worth $103,000 after buying an additional 116 shares in the last quarter. The company also recently decla...

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Nurse Killed in London Bridge Terror Attack 'Ran Towards Danger'

Nurse Killed in London Bridge Terror Attack 'Ran Towards Danger'

Australian television reported that Ms Boden, who worked as a nurse in London, had been killed after she had run to help someone who had been injured in the attack. Ms Zelenak's stepfather Mark Wallac...

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Final WhatsApp message of London Bridge terrorist Khuram Butt

LONDON (AP ) - An Australian newspaper says a 34-year-old Brisbane woman is recovering from the London attacks after being stabbed in the neck. Le Drian confirmed that one French citizen died in...

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WWDC 2017: Apple HomePod, Siri-powered smart speaker, promises fantastic sound quality

Amazon Echo and Google Home work the same way, maintaining active mics (unless disabled by the user) that supposedly don't transmit data until the invocation phrase has been detected. HomePod owne...

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IAG shares fall as BA schedules recover from IT failure

IAG shares fall as BA schedules recover from IT failure

British Airways said about 75,000 passengers had flights canceled Saturday and Sunday though most eventually made it to their destinations. The newspaper reported that City analysts had already sta...

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Uber and Lyft get subpoenas from San Francisco

Uber and Lyft get subpoenas from San Francisco

No Uber Oakland' campaign seeks to keep Uber out of cityIn a statement, that office made clear: "The city attorney aims to ensure that the two companies' estimated 45,000 vehicles in San Francisco c...

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Willie Walsh breaks silence on British Airways fiasco

Willie Walsh breaks silence on British Airways fiasco

The IT engineer involved is reportedly from contractor CBRE Global Workplace Solutions, who are helping the airline with its investigation. Experts said that companies would usually expect to have a...

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Oil prices slide amid glut concerns, US withdrawal from climate deal

Jeffrey Halley, a senior market analyst at OANDA [Foreign exchange company] says that this could lead to a drilling free for all in the U.S. Production cuts by OPEC and its partners are taking l...

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Datatec to sell Westcon-Comstor for $830 million

Datatec to sell Westcon-Comstor for $830 million

The deal will allow Westcon-Comstor International to better align its regional resources and seek new opportunities for growth, the company said. Synnex Corp. Until the transaction is completed, the...

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US State Department approves $1.4 billion in military sales to Saudi

On the morning of June 5, Saudi Arabia , Egypt, Bahrain and the United Arab Emirates announced that they had cut all ties with Qatar. The move comes on the heels of President Donald Trump's vis...

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Champions Trophy: New Zealand v Australia rained off after Kane Williamson ton

Champions Trophy: New Zealand v Australia rained off after Kane Williamson ton

The Blackcaps will consider themselves a little unlucky as they seemed to have the upper hand with Australia - chasing a revised target of 235 in 33 overs - reduced to 53/3 in nine overs. He played ...

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Qatar says ready for mediation to ease Gulf rift

Qatar's population is smaller than Houston's, but it's the world's biggest seller of liquefied natural gas and has a sovereign wealth fund with stakes in global companies from Barclays Plc to Credit S...

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Ameritas Investment Partners Inc. Raises Position in Valley National Bancorp (VLY)

Capital Fund Management S.A. purchased a new stake in shares of Valley National Bancorp during the first quarter worth $138,000. Bank of New York Mellon Corp now owns 3,030,358 shares of the bank's st...

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