Ashwani Lohani to assume charge of Railway Board chairman today

The head of India's railways has quit after a series of deadly accidents on the crumbling network, an official said Wednesday. "Either prime minister should sack the minister or he should accept his resignation", Congress' chief spokesperson Randee... More..

by | Published 27 days ago
Could Dwyane Wade reunite with LeBron James in Cleveland?
by | Thursday, August 24, 2017

Could Dwyane Wade reunite with LeBron James in Cleveland?

Given the internal issues that faced the team last season, the trust between Wade and his younger teammates was broken at some point. "As of right now, people close to James are fairly confident that, at some...More..

Sempra Energy to buy Oncor for $9.45B, beating Buffett
by | Tuesday, August 22, 2017

Sempra Energy to buy Oncor for $9.45B, beating Buffett

Representatives for Sempra, Oncor and Elliott declined to comment. As part of the transaction, Sempra Energy has committed to support Oncor's plan to invest $7.5 billion over a five-year period to expan...More..

Aamir Khan launches song Main Kaun Hoon from Secret Superstar
by | Tuesday, August 22, 2017

Aamir Khan launches song Main Kaun Hoon from Secret Superstar

The music is by Amit Trivedi and lyrics are penned by Kausar Munir. Both Aamir Khan and Zaira Wasim were last seen together in blockbuster film " Dangal ". Trailer of Secret Superstar is already out ...More..

Solution sought for supply ship unit as Maersk sells oil business
by | Tuesday, August 22, 2017

Solution sought for supply ship unit as Maersk sells oil business

The move is the latest in a wave of consolidation that has gripped the sector in recent years in response to the low oil price . Maersk Oil is the first of the four energy companies in AP Moller-Maersk for w...More..

Khairy regrets mistake over Indonesian flag
by | Tuesday, August 22, 2017

Khairy regrets mistake over Indonesian flag

President Joko "Jokowi" Widodo also called for an apology but cautioned against exaggerating the incident. The mistake, which makes the red-and-white Indonesian flag resemble Poland's, has caused anger in In...More..

How Trump's business councils imploded
by | Monday, August 21, 2017

How Trump's business councils imploded

Grandstanders should not have gone on. After his remarks, a fifth member of his manufacturing panel resigned: AFL-CIO president Richard Trumka , who said in a statement , "We can not sit on a council fo...More..

South Korea proposes joint inquiry with North into Japanese colonial rule
by | Sunday, August 20, 2017

South Korea proposes joint inquiry with North into Japanese colonial rule

North Korea's threats against Guam and its advancing missile capabilities, highlighted by a pair of intercontinental ballistic missile flight tests in July, have raised concern in South Korea , where some bel...More..

Australia to join military drills with US, South Korea
by | Sunday, August 20, 2017

Australia to join military drills with US, South Korea

North Korea has repeatedly called for an end to large-scale joint military exercises between the allies in exchange for a freeze on its nuclear and missile programmes. China gives a lifeline to North Korea desp...More..

US Fed can 'be patient' in raising rates: minutes
by | Sunday, August 20, 2017

US Fed can 'be patient' in raising rates: minutes

Wall Street closed slightly firmer on Wednesday but off the day's highs after Federal Reserve minutes suggested policymakers are anxious about weak inflation but eager to commence an unwind of its $4.5 trillion...More..

Indian IT company Infosys CEO Vishal Sikka resigns
by | Sunday, August 20, 2017

Indian IT company Infosys CEO Vishal Sikka resigns

Vishal Sikka has resigned as the Chief Executive Officer & Managing Director of Infosys with immediate effect. We don't want another drastic change in culture or functioning", Seshasayee said . He will repo...More..

Foot Locker, Inc. (NYSE:FL) Trading Volume Significantly Higher
by | Saturday, August 19, 2017

Foot Locker, Inc. (NYSE:FL) Trading Volume Significantly Higher

Zacks Investment Research cut shares of Foot Locker from a "buy" rating to a "hold" rating in a research report on Monday, April 24th. ( NYSE: FL ), down 27 percent, and Genesco Inc . Lingohr & Partner Asse...More..

UBS AG Analysts Give Sky Plc (BSY) a GBX 1310 Price Target
by | Saturday, August 19, 2017

UBS AG Analysts Give Sky Plc (BSY) a GBX 1310 Price Target

Severfield PLC ( LON:SFR ) opened at 71.00 on Wednesday. Beaufort Securities lowered their target price on shares of BT Group PLC from GBX 390 ($5.06) to GBX 340 ($4.41) and set a buy rating for the company in...More..

Sensex jumps 154 points in early trade
by | Friday, August 18, 2017

Sensex jumps 154 points in early trade

The company said it will consider the share buyback at a board meeting on August 19. The Asian market was more or less upbeat. Along with this, value buying on the back of decline on Wednesday could have boos...More..

'Angry Birds' Maker Rovio Could Launch IPO Next Month
by | Thursday, August 17, 2017

'Angry Birds' Maker Rovio Could Launch IPO Next Month

Though, it seems that a final decision has yet to be made, meaning Rovio may decide to stay private for longer. Mobile game makers often struggle to replicate the success of initial blockbusters. Rovio, based...More..

Uber official apologises for 'misunderstanding' in Philippines
by | Thursday, August 17, 2017

Uber official apologises for 'misunderstanding' in Philippines

This episode in the saga didn't last long either. Senator Grace Poe, chairperson of the Senate Committee on Public Services, said Uber's offer was "very generous", but when pressed for an amount, she said i...More..

German Economic Growth Robust Despite Slowdown in Second Quarter
by | Thursday, August 17, 2017

German Economic Growth Robust Despite Slowdown in Second Quarter

Euro zone gross domestic product (GDP) expanded by 0.6 percent in the second quarter compared to the first, as previously estimated, but the annual figure was upgraded to 2.2 percent growth, compared to 2.1 per...More..

John's vigil planned in honour of Charlottesville victims
by | Wednesday, August 16, 2017

John's vigil planned in honour of Charlottesville victims

Scroll through his photos. About 200 people gathered in Market Square late Sunday afternoon for songs and reflections on a town that saw the uglier side of hate played out on TV. "But that is not the name of ...More..

Air Berlin Files for Insolvency as Etihad Pulls Funding Plug
by | Wednesday, August 16, 2017

Air Berlin Files for Insolvency as Etihad Pulls Funding Plug

At the time Air Berlin said it planned to add four times weekly service between Toronto and Dusseldorf starting May 1, 2018. Etihad announced on Tuesday that the company was "informed that Air Berlin has ...More..

Blancco Technology Group Plc (BLTG.L) Pull in Gains For the Week
by | Tuesday, August 15, 2017

Blancco Technology Group Plc (BLTG.L) Pull in Gains For the Week

The SI to Koppers Holdings Incorporated's float is 0.95%. This represents a dividend yield of 3.16%. 948,188 shares of the stock traded hands. The stock decreased 2.62% or $0.93 on August 11, reaching $34.54. T...More..

Tesla Model 3: Buyers & Cancelled Orders Suffer Lengthy Delays
by | Monday, August 14, 2017

Tesla Model 3: Buyers & Cancelled Orders Suffer Lengthy Delays

We know a pretty decent amount about the Tesla Model 3 so far, but until just recently we didn't know a ton about what kind of batteries those cars will pack out of the gate. A performance focused variant...More..

Amit Shah invites Nitish Kumar to join NDA; Bihar politics heats up
by | Monday, August 14, 2017

Amit Shah invites Nitish Kumar to join NDA; Bihar politics heats up

He, however, launched a scathing attack on rebel party leader Sharad Yadav, saying that he should not forget that the in the Bihar Assembly election of 2015, the mandate was for Nitish Kumar's good governance. ...More..

by | Sunday, August 13, 2017

Global stocks selloff stops at Wall Street; gold, yen tick up

The dollar remained under pressure, although activity was curbed by a market holiday in Tokyo. The Swiss franc, the other traditional safety-play among currencies, has benefited too. "It's not healthy if th...More..

United States stocks close slightly lower, trimming earlier losses
by | Saturday, August 12, 2017

United States stocks close slightly lower, trimming earlier losses

There is keen anxiety in the marketplace after U.S. President Donald Trump on Tuesday warned North Korea there would be " fire and fury like the world has never seen" if the Asian nation keeps threatening ...More..

BC Government vows to fight Kinder Morgan TransMountain Pipeline expansion project
by | Saturday, August 12, 2017

BC Government vows to fight Kinder Morgan TransMountain Pipeline expansion project

The province's NDP government has hired former judge Thomas Berger to provide legal advice to the government as it seeks intervener status in legal challenges to the federal government's approval of the pipel...More..

Lego appoints new CEO to replace interim boss
by | Friday, August 11, 2017

Lego appoints new CEO to replace interim boss

The India-born British national Bali Padda was the first non-Danish leader of the toy brick giant and will remain as an adviser once Niels Christiansen, 51, a Dane, takes over on October 1, the company said . ...More..

Trump calls North Korea 'growing direct threat' to most of world
by | Wednesday, August 09, 2017

Trump calls North Korea 'growing direct threat' to most of world

It was the first high-level encounter between the two Koreas since South Korea President Moon Jae-in took office in May and comes after the United Nations Saturday approved the "strongest sanctions ever impos...More..

U.S. court finds 'Pharma Bro' guilty of fraud
by | Sunday, August 06, 2017

U.S. court finds 'Pharma Bro' guilty of fraud

Martin Shkreli , who became a national symbol of pharmaceutical company villainy after massively increasing the price of a drug, has been convicted on securities fraud charges, according to CNBC. Outside court ...More..

Economy Adds 209000 Jobs in July
by | Saturday, August 05, 2017

Economy Adds 209000 Jobs in July

As was reported in April, Pew Research showed that more people have a positive view of the economy than negative for the first time since the 2008 economic crisis. Still, global sales were generally higher th...More..

Toyota takes stake in Mazda, links up for $1.6 bln U.S. plant
by | Saturday, August 05, 2017

Toyota takes stake in Mazda, links up for $1.6 bln U.S. plant

The plant when completed will produce at full capacity 300,000 vehicles per year with its production divided amongst the two Japanese automakers. The Republican president also threatened to impose a hefty fee o...More..

BCC comments on Bank of England's 'Super Thursday'
by | Friday, August 04, 2017

BCC comments on Bank of England's 'Super Thursday'

This comes at a time when United Kingdom households are already seeing their purchasing power diminish as a result of the weakening sterling following last year's vote to exit the European Union blog of natio...More..

RBI rate cut important step for sustained growth: FinMin
by | Thursday, August 03, 2017

RBI rate cut important step for sustained growth: FinMin

The RBI is expected to cut repo rates by 25 basis points which could make way for cheaper loans . "The MPC ( monetary policy committee ) remains focused on its commitment to keeping headline inflat...More..

Dow closes at another record high
by | Thursday, August 03, 2017

Dow closes at another record high

SPDR Dow Jones Industrial Average ETF (DIA) opened at 219.37 on Wednesday. "It allows the market to be patient about fiscal reform", said Steven Chiavarone, portfolio manager at Federated Investors in NY, who...More..

This teen jumped from a plane, landed in police net
by | Thursday, August 03, 2017

This teen jumped from a plane, landed in police net

SFO spokesperson Doug Yakel confirmed that at around 2:30 p.m. a 17-year-old male USA citizen on Copa Airlines flight 208 from Panama City that had landed at the airport left the aircraft through the overwing e...More..

British Gas is to hike electricity prices by 12.5%
by | Wednesday, August 02, 2017

British Gas is to hike electricity prices by 12.5%

And that means, if, (as is possible) we see another batch of rises this coming winter, its customers will feel like they been price-slapped twice in rapid succession. Claire Osborne, energy expert at price comp...More..