Business

Urjit Patel resigns as RBI Governor over 'personal reasons', PM Modi reacts

Urjit Patel resigns as RBI Governor over 'personal reasons', PM Modi reacts

PM Modi also said Patel "steered the banking system from chaos to order and ensured discipline". "No self-respecting scholar or academic can work in this government", said P Chidambaram , the forme...

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Ex-Nissan chief Ghosn set to be charged, face new allegations

Ex-Nissan chief Ghosn set to be charged, face new allegations

Prosecutors are also planning to rearrest Ghosn on new charges not yet made public, said the people. Ghosn has denied any wrongdoing, according to the spokesperson and Japanese media reports . ...

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Nissan plans another round of recall after hit by 'improper' test scandal

Nissan plans another round of recall after hit by 'improper' test scandal

However, the criminal investigation is also scrutinising the actions of the Japanese executive whose dramatic denunciation led to Mr Ghosn's arrest. Chief Executive Hiroto Saikawa signed other doc...

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Tumblr will start blocking adult content on December 17th

Tumblr will start blocking adult content on December 17th

The move comes after Tumblr's app was pulled from Apple's App Store mid-November because of images depicting child sex abuse. "Starting Dec 17, adult content will not be allowed on Tumblr ...

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'Uber is embroiled in a race to the fair'

'Uber is embroiled in a race to the fair'

Uber's most recent valuation was $76 billion, and could be worth $120 billion in an IPO . However, Uber's IPO brings a positive push that it may open up public debuts of highly valued companies lik...

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Fiat Chrysler: New plant for Jeeps planned for the Detroit area

Fiat Chrysler: New plant for Jeeps planned for the Detroit area

Shorter or longer timeframes used for alternately shorter or longer outlooks. The company shows Gross Margin and Operating Margin of 0 percent and 0 percent respectively. Institutions generally purch...

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Winter Weather Warnings, Advisories issued until Sunday morning

Winter Weather Warnings, Advisories issued until Sunday morning

Potentially heavy snow is also forecast for upstate SC, western North Carolina, southern Virginia and southern West Virginia. On the northern edge of the system, there is snow and ice occurring with...

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Cowboys RB Ezekiel Elliott responds to NFL over Salvation Army kettle penalty

Cowboys RB Ezekiel Elliott responds to NFL over Salvation Army kettle penalty

Salvation Army of Metro Detroit says it's always found around the same time frame and the same location , so it's believed to be the same mysterious person. Right now, we are at just 25% of that goa...

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Oil surges after 1.2mn bpd production cut agreement

Oil surges after 1.2mn bpd production cut agreement

After much back-and-forth between producers in Vienna , Opec and allies agreed to collectively cut production by 1.2 million barrels a day, with the cartel shouldering 800,000 barrels a day. OPEC off...

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Prince George unemployment rate rises in November

Prince George unemployment rate rises in November

By region, employment rose in six provinces and was led by gains in Quebec and Alberta. And the numbers got a notable boost from Canada's rapidly-growing cannabis sector. It now sits well below infl...

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Amazon targets airports for new checkout-free stores

Amazon targets airports for new checkout-free stores

The company has launched a handful of its cashierless stores in the USA, including in Seattle , Chicago , and San Francisco . However, if Amazon Go is to make the leap, it would need to convince co...

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Rise in payrolls and wages in November is less than forecast

Rise in payrolls and wages in November is less than forecast

The unemployment rate for men aged 20 and above fell last month to 3.3 percent, the lowest in 18 years. But with solid wage growth and an unemployment rate holding steady at 3.7 percent, the jobs rep...

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Altria buys 45% stake in cannabis producer Cronos for $2.4 billion

Altria buys 45% stake in cannabis producer Cronos for $2.4 billion

Richmond, Va. -based Altria said Friday in a media release that it agreed to pay $2.4-billion to acquire a 45-per-cent stake in Cronos. The move will help it tap into a customer base outside cigar...

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Yield curve inverts for first time in a decade

Yield curve inverts for first time in a decade

During an economic downturn, which is one reason why the yield curve inversion is spooking the market. The spread between the two-year and 10-year Treasury yields was at its flattest level in more...

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China confident of agreeing U.S. trade deal despite Trump's combative stance

China confident of agreeing U.S. trade deal despite Trump's combative stance

Chinese purchases for the aforementioned products have almost completely halted after Beijing imposed tariffs on them in response to the US tariffs on Chinese goods. The downside for China is that it ...

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The 50 best places to work in Britain

The 50 best places to work in Britain

Meanwhile, 29 tech companies made Glassdoor's list of the top 100 places to work, more than any other industry. Jobs and recruiting site Glassdoor has announced its annual list of The 100 Best P...

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Burger King is giving away 1-cent Whoppers...at McDonald's

Burger King is giving away 1-cent Whoppers...at McDonald's

The one-cent Whopper is available when ordering on the fast food app and the deal comes into place when you're standing in a McDonald's parking lot, considering the distance. Once the order is place...

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United States stocks tumble amid worries over possible economic slowdown

United States stocks tumble amid worries over possible economic slowdown

The Dow Jones Industrial Average slipped by 2.5pc mid-session on Tuesday, with industrial companies and financials leading the declines. At 1:16 pm ET the Dow Jones was down 565.16 points at 25,26...

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Canada arrests CFO of China's Huawei Technologies

Canada arrests CFO of China's Huawei Technologies

Geng told reporters on Thursday that neither Canada or the US had so far responded to China's concerns, reports the Associated Press. However, the arrest drew a swift response from China, which s...

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Reserve Bank of India Keeps Repo Rates On Hold

Reserve Bank of India Keeps Repo Rates On Hold

The RBI has previously projected inflation at 3.9-4.5 percent by the end of March and growth at 7.4 percent for the current fiscal year to March 31. In October, inflation eased to 3.31 percent. But,...

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President Trump pressuring OPEC to increase oil production ahead of crucial meeting

President Trump pressuring OPEC to increase oil production ahead of crucial meeting

The cuts would take September or October 2018 as baseline figures and last from January to June, Oman's oil minister Mohammed bin Hamad Al-Rumhy said on Wednesday. Iranian exports have plummeted aft...

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Ted Baker boss accused of

Ted Baker boss accused of "forced hugging" and leading culture of harassment

However Ted Baker told the Sunday Times that the allegations were at "odds with the values of the business and CEO". "Harassment at Ted Baker is well documented but wilfully ignored by those in char...

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Alberta to Cut Oil Production, Crude Prices Rise

Alberta to Cut Oil Production, Crude Prices Rise

Notley said that she expects the cuts to remain in place until the 35 million barrels of oil now sitting in storage because of what she describes as "unsustainable" transportation bottlenecks are ship...

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Canada arrests Huawei CFO on request of United States authorities

Canada arrests Huawei CFO on request of United States authorities

Canadian Justice Department press representative Ian McLeod confirmed Wanzhou's court hearing is scheduled for Friday. The ministry added it could not provide further details due to a publication ba...

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Xi G20 Meeting to Help Prevent Trade War Escalation - Business Lobby

Xi G20 Meeting to Help Prevent Trade War Escalation - Business Lobby

In exchange for putting on hold increased tariffs on Chinese imports worth US$250 billion which were penciled in for January 1, Beijing has promised to buy more U.S. However, he has faced fierce criti...

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Quora discloses major security breach that affects 100M users

Quora discloses major security breach that affects 100M users

The company is now in the process of logging out and invalidating users who may have been affected. The company has launched a link answering users' concerns. In a statement, Quora said the situat...

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New trade agreement a win for Montana agriculture

New trade agreement a win for Montana agriculture

Trump is threatening to kill the current NAFTA deal, which would set the clock running on a six-month window for the U.S. Congress either to ratify the USMCA deal as is or have no North American trade...

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Qualcomm says no plans to revisit NXP takeover

Qualcomm says no plans to revisit NXP takeover

The U.S. mentioned the Qualcomm-NXP deal in the statement it put out following the Xi-Trump meeting. In what was reportedly set to be "the biggest semiconductor deal globally", Qualcomm announc...

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White House backpedals on Trump's claim that China will drop auto tariffs

White House backpedals on Trump's claim that China will drop auto tariffs

We saw how that panned out with the North Korean denuclearization talks, where Trump appeared to believe he'd walked away with more than he actually got , so there's reason to be skeptical until more...

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Million Pounds Of Beef Recalled Over Salmonella Fears

Million Pounds Of Beef Recalled Over Salmonella Fears

Now, the number of cases has skyrocketed to 246 confirmed from 26 states with illness onset dates spanning July 26 to September 7. On Nov. 15, the CDC reported 254 people across 25 states had been...

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