RBI intervenes as rupee breaches 72.5 to dollar

The American credit rating agency's report on the weakening rupee was published on the day the Indian currency touched a new low of 72.67 on Monday, depreciating by nearly a rupee from its previous close of 71.73 per United States dollar. The Indian ... More..

by | Published more than a month ago
Despite Trump's Suggestion, Ford Won't Produce This Vehicle In The US
by | Tuesday, September 11, 2018

Despite Trump's Suggestion, Ford Won't Produce This Vehicle In The US

On August 31, Ford announced it was canceling plans to ship the Focus Active to the USA from China - citing new tariffs on Chinese imports. President Trump has a solution for how Ford and Apple can ...More..

Apple: China tariffs will hit Apple Watch, Air Pods, cables and chargers
by | Tuesday, September 11, 2018

Apple: China tariffs will hit Apple Watch, Air Pods, cables and chargers

Ford Motor Company announced more than a week ago that it is canceling plans to produce the auto in China and sell it in the USA, citing the financial toll of the Trump administration's tariffs on vehicles...More..

by | Tuesday, September 11, 2018

Fox News Actually Corrects Donald Trump's Embarrassingly Blatant Economy Lie

Trump also tweeted - falsely - that GDP growth had surpassed the unemployment rate "for the first time in over 100 years". While the two rates are related in the sense they're indicators of how well the economy...More..

Rise in fuel price not because of BJP: Ravi Shankar Prasad
by | Tuesday, September 11, 2018

Rise in fuel price not because of BJP: Ravi Shankar Prasad

According to petroleum dealers in the State, compared to Friday's price, petrol on Saturday cost 41 paise more while diesel price rose 48 paise a litre. Since May 2014 , the excise duty on petrol has seen a ...More..

by | Monday, September 10, 2018

China vows to respond if US takes new steps on trade

Late last month, Ford announced it won't bring the rugged Focus Active hatchback and wagon to the United States, due to the President Donald Trump Administration's tariffs on Chinese imports. It's a recur...More..

by | Monday, September 10, 2018

China's Record Trade Surplus With US Adds Fuel to Trade War Fire

But disagreements between the two major economic powers run deeper than just the trade balance and tensions remain over limits on USA firms' access to Chinese markets, intellectual property protection, technolo...More..

Petrol, Diesel prices hiked again, rates at record high
by | Monday, September 10, 2018

Petrol, Diesel prices hiked again, rates at record high

Andhra Pradesh government announced a cut of Rs 2/ litre. Naidu, the chief of the Telugu Desam Party that was part of the ruling National Democratic Alliance till recently, made the announcement in the state ...More..

Alibaba chairman Jack Ma to step down in 2019: company
by | Monday, September 10, 2018

Alibaba chairman Jack Ma to step down in 2019: company

The billionaire co-founded Alibaba in 1999 and has seen it become one of the world's biggest internet companies. Ma, who also controls Alibaba payment affiliate Ant Financial [ANTFIN.UL], is stepping back ami...More..

Lyft Launches Its Own Electric Scooters in Denver
by | Monday, September 10, 2018

Lyft Launches Its Own Electric Scooters in Denver

The City of Louisville told WHAS11 it has offered a 30 day extension to its temporary agreement with Bird Rides, Inc , which placed the motorized dockless scooters in Louisville and other communities across t...More..

Apple says United States tariffs on China would hit 'wide range' of products
by | Monday, September 10, 2018

Apple says United States tariffs on China would hit 'wide range' of products

Trade Representative Robert LighthizerRobert (Bob) Emmet LighthizerMcConnell urges GOP senators to call Trump about tariffs Companies brace for trade war MORE . The Mac Mini, cables and adapters, chargers an...More..

Tesla Stock Takes A Hit - After Elon Musk Does The Same
by | Monday, September 10, 2018

Tesla Stock Takes A Hit - After Elon Musk Does The Same

However, Musk admitted that "the electric airplane isn't necessary right now", as he is focusing on other things, including the many issues he's dealing with at Tesla right now. "This caused me to reconside...More..

Unemployment climbs in Windsor for third month in a row
by | Monday, September 10, 2018

Unemployment climbs in Windsor for third month in a row

By comparison, London's jobless rate was 5.9 per cent in August, unchanged from July. Some workers moved from part-time employment to full-time work; there was an increase in the number of full-time positions...More..

Time’s Up Slams CBS, Demands Moonves Not Receive Payout
by | Monday, September 10, 2018

Time’s Up Slams CBS, Demands Moonves Not Receive Payout

Six extra women are now accusing Moonves of abusing his power between the 1980s and early 2000s to force oral sex, expose himself and wield both physical and verbal intimidation. All of them said they believe...More..

US job growth surges; wage gain largest since 2009
by | Monday, September 10, 2018

US job growth surges; wage gain largest since 2009

Economists surveyed by Bloomberg expected 195,000 payroll gains. Wholesale trade added an additional 22,000, transportation and warehousing added 20,000 and mining gained 6,000. The US and China have slappe...More..

Region's unemployment rate down slightly
by | Sunday, September 09, 2018

Region's unemployment rate down slightly

Nationally the news wasn't as good. But it's a different story for B.C., with data released Friday (Sept. 6) from Statistics Canada revealing the province added 9,900 jobs to the labour force compared with th...More..

CBS Board Reportedly Offering $100M to Oust Embattled CEO Les Moonves
by | Sunday, September 09, 2018

CBS Board Reportedly Offering $100M to Oust Embattled CEO Les Moonves

Even more rudely, the network wants the right to take back some of that money if it turns out that Moonves committed even more sexual misconduct . The board of USA television giant CBS is negotiating a multi...More..

by | Sunday, September 09, 2018

Twarit FULL 09.09.2018: Fuel price hiked again

Petrol price was Sunday raised by 12 paise a litre and diesel by 10 paise per litre, according to the price notification issued by state fuel retailers. However, Finance Minister Arun Jaitley denied the re...More..

Lindsey Graham: Obama criticism of Trump bound to backfire
by | Sunday, September 09, 2018

Lindsey Graham: Obama criticism of Trump bound to backfire

As Mr Obama spoke, Mr Trump told reporters aboard Air Force One that he believed Mr Sessions should investigate the identity of the author of an anonymous New York Times opinion piece that was sharply critical...More..

CFO Says Goldman Sachs is Not Ditching Bitcoin Trading Desk
by | Sunday, September 09, 2018

CFO Says Goldman Sachs is Not Ditching Bitcoin Trading Desk

But according to CNBC , its plan for the initiative has never been very clear. Goldman Sachs Chief Financial Officer Martin Chavez told the Tech Crunch Disrupt conference in San Francisco on Thursday t...More..

How the energy price cap could leave some customers worse off
by | Sunday, September 09, 2018

How the energy price cap could leave some customers worse off

Britain's regulator on Thursday proposed a price cap on default dual fuel energy bills of 1,136 pounds a year, which it hopes to implement by the winter, following a government promise to tackle "rip-off" price...More..

Ford recalls 340,000 pickup trucks in Canada over fire-causing seatbelts
by | Saturday, September 08, 2018

Ford recalls 340,000 pickup trucks in Canada over fire-causing seatbelts

No injuries were reported in those incidents. Affected F-150s include those built at the Dearborn Assembly Plant from March 12, 2014 to Aug. 23, 2018, and the Kansas City Assembly Plant from Aug. During a cra...More..

Trump administration considering sanctions over Chinese hackers
by | Saturday, September 08, 2018

Trump administration considering sanctions over Chinese hackers

Then he added: "I hate to say this, but behind that there is another $267bn ready to go on short notice if I want. That changes the equation". If the president follows through, the threatened tariffs and thos...More..

Burberry ends bonfire of the luxuries after waste outcry
by | Saturday, September 08, 2018

Burberry ends bonfire of the luxuries after waste outcry

For Riccardo Tisci's debut collection for Burberry later this September, there will be no real fur products, and Burberry's statement said the company will "phase out" existing products that do have real fur. B...More..

Texas Students Hang Poster of Themselves in Local McDonald's, Where It Remains
by | Saturday, September 08, 2018

Texas Students Hang Poster of Themselves in Local McDonald's, Where It Remains

If you haven't noticed, there isn't a lot of Asians represented in media. But getting the poster into the McDonald's and on the wall took some planning and chicanery, which began with a trip to a local thrift...More..

Obama steps into midterm battle with IL speech
by | Friday, September 07, 2018

Obama steps into midterm battle with IL speech

Former President Obama stepped off the political sidelines on Friday and delivered a fiery rebuke to his successor, President TrumpDonald John TrumpTrump: Lincoln's Gettysburg Address was ridiculed by the "fa...More..

Diesel and petrol prices rise by around 50 paise per litre
by | Friday, September 07, 2018

Diesel and petrol prices rise by around 50 paise per litre

Since mid-August, petrol price has risen by Rs 2.85 a litre and diesel by Rs 3.3 per litre as rupee hit record low against the U.S. dollar , making imports costlier. Despite record increase in oil prices, ...More..

Sanders Bill Would Tax Big Companies For Workers' Public Assistance
by | Friday, September 07, 2018

Sanders Bill Would Tax Big Companies For Workers' Public Assistance

The proposed bill would target companies with 500 or more employees, including some of America's largest corporations such as Amazon , Apple and Walmart . The company argues it spends money to "upskill" i...More..

Goldman Sachs Not Ditching Bitcoin Trading Desk, Market Still Stagnant
by | Friday, September 07, 2018

Goldman Sachs Not Ditching Bitcoin Trading Desk, Market Still Stagnant

At the time, Circle was built specifically to allow bitcoin trading, but the company has since become a payments enterprise and recently acquired cryptocurrency exchange Poloniex. Do let us know your views on...More..

NAFTA talks resume in Washington with Oct. 1 deadline looming
by | Thursday, September 06, 2018

NAFTA talks resume in Washington with Oct. 1 deadline looming

Freeland sounded upbeat as she emerged from a day of talks with top US trade negotiator Robert Lighthizer , although she cautioned that no trade deal was done until the last issue was nailed down. She said tha...More..