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India-US relations will be on a very firm footing with Trump's victory: Jyotiraditya Scindia

India-US relations will be on a very firm footing with Trump's victory: Jyotiraditya Scindia

Wed, Nov 06, 2024

India and US relationship will be on "a very firm footing" with Donald Trump returning to the White House, as the cooperation between the two nations extends from environment to technology, space and defence, Union Minister Jyotiraditya Scindia said Wednesday.

China's exports grow 7% in July, less than forecasts, while imports pick up pace

China's exports grow 7% in July, less than forecasts, while imports pick up pace

Wed, Aug 07, 2024

Imports climbed 7.2% to $215.9 billion, picking up momentum on stronger trade with other Asian countries that now supply many industrial components, materials and consumer products to China. Exports to the United States rose 2.4% year-on-year while shipments to Southeast Asian countries, now Beijing's biggest trading partner overall, jumped 11%.

Shortages key to copper's upward price trajectory to new peaks

Shortages key to copper's upward price trajectory to new peaks

Tue, Apr 23, 2024

A pick-up in manufacturing activity, particularly in top consumer China where surveys of purchasing managers have started to show expansion has also contributed to enthusiasm for copper which this week hit a two-year peak at $9,988 a ton for a gain of 25 per cent since early October.

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2017 safest year on record for commercial passenger air travel: Groups

2017 safest year on record for commercial passenger air travel: Groups

Tue, Jan 02, 2018

In 2016, 412 people were killed in the United States in aviation accidents - nearly all in general aviation accidents and none on commercial passenger airlines.

Apple suppliers drop on report of weak iPhone X demand

Apple suppliers drop on report of weak iPhone X demand

Wed, Dec 27, 2017

Apple will slash its sales forecast for the iPhone X in the quarter to 30 million units, the newspaper said on Monday, citing unidentified sources, down from what it said was an initial plan of 50 million units.

Gold hovers below 3 week high amid firm dollar

Gold hovers below 3 week high amid firm dollar

Wed, Dec 27, 2017

Gold prices slipped on Wednesday, after hitting a more than three-week high in the previous session, amid a firmer dollar.

India to leapfrog UK and France in 2018, Britain's Cebr predicts

India to leapfrog UK and France in 2018, Britain's Cebr predicts

Tue, Dec 26, 2017

India looks set to leapfrog Britain and France next year to become the world`s fifth-largest economy in dollar terms, a report showed on Tuesday.

US hails UN budget cuts as 'step in right direction'

US hails UN budget cuts as 'step in right direction'

Mon, Dec 25, 2017

The General Assembly adopted a budget of USD 5.396 billion for 2018-2019, slightly below the USD 5.4 billion that UN Secretary-General Antonio Guterres had sought.

Oil market capped as US output fast approaches 10 million bpd

Oil market capped as US output fast approaches 10 million bpd

Thu, Dec 21, 2017

Oil prices were stable on Thursday, supported by falling crude inventories in the United States but capped by output that is fast approaching 10 million barrels per day, a level only surpassed by Saudi Arabia and Russia.

Oil rises on UK pipeline outage but US supply caps gains

Oil rises on UK pipeline outage but US supply caps gains

Tue, Dec 19, 2017

Oil edged up towards $64 a barrel on Tuesday, helped by a North Sea pipeline outage, OPEC-led supply cuts and jitters about threats to Middle East supplies after a missile was fired by a Yemeni group at the Saudi capital.

BMW electric cars hit 100,000 sales target

BMW electric cars hit 100,000 sales target

Tue, Dec 19, 2017

A pioneer in electric cars, BMW launched the i3 hatchback in 2013 but sales have been relatively low and management has wrestled with whether to go all-out for electrification.

Uber paid 20-year-old Florida man to keep data breach secret: Sources

Uber paid 20-year-old Florida man to keep data breach secret: Sources

Thu, Dec 07, 2017

A 20-year-old Florida man was responsible for the large data breach at Uber Technologies Inc last year and was paid by Uber to destroy the data through a so-called "bug bounty" program normally used to identify small code vulnerabilities, three people familiar with the events have told Reuters.

Farming startup Indigo raises $203 million with help from Dubai fund

Farming startup Indigo raises $203 million with help from Dubai fund

Wed, Dec 06, 2017

By Heather Somerville SAN FRANCISCO (Reuters) - Farming technology startup Indigo has raised more than $200 million from investors to fund its efforts to reform how crops including wheat, soybeans, cotton and corn are grown around the world.

UK's Cineworld targets US expansion with $3.6 billion deal to buy Regal Entertainment

UK's Cineworld targets US expansion with $3.6 billion deal to buy Regal Entertainment

Tue, Dec 05, 2017

Britain`s Cineworld Group Plc sealed an agreement to buy larger U.S. peer Regal Entertainment Group on Tuesday for $3.6 billion in cash, a deal that would create the world`s second largest movie theatre operator.

Gold dips as dollar shines after US Senate clears tax bill

Gold dips as dollar shines after US Senate clears tax bill

Mon, Dec 04, 2017

Higher rates tend to boost the dollar, making the greenback-denominated gold more expensive for buyers using other currencies. An increase in rates also reduces the incentive for investors to hold onto the non-interest-bearing metal.

Oil prices fall after US drillers add rigs

Oil prices fall after US drillers add rigs

Mon, Dec 04, 2017

The latest agreement allows for producers to exit the deal early if the market overheats. Russian officials had expressed concern that extending the output cuts might encourage rival U.S. shale oil firms to pump more crude.

Jet Airways, Air France-KLM announce tie-up on routes

Jet Airways, Air France-KLM announce tie-up on routes

Wed, Nov 29, 2017

The "enhanced cooperation agreement" with Air France-KLM, signed on Wednesday in India`s financial capital Mumbai, is designed to route more traffic and expand the number of flights to Europe and then onwards to the United States.

Black Friday: Europe's retailers chase sales boost with offers

Black Friday: Europe's retailers chase sales boost with offers

Fri, Nov 24, 2017

In the UK the annual promotional event, which has historically focused on electrical goods, has been mainly online since 2014 when it was marred by chaos and scuffles in stores.

Asian markets consolidate gains as investors eye Xi Jinping's speech

Asian markets consolidate gains as investors eye Xi Jinping's speech

Wed, Oct 18, 2017

President Xi Jinping kicked off the week-long event with a wide-ranging speech in which he said the market would be allowed to play a decisive role in allocating resources.

12 teens from US invent solar-powered tent for homeless

12 teens from US invent solar-powered tent for homeless

Tue, Jun 20, 2017

To solve the homelessness issue in the Los Angeles, about 12 teenage girls from San Fernando High School in the US have invented a solar-powered tent for the homeless people.

Sun Pharma says sales may fall in 2018 as US market gets tougher for generic drugs

Sat, May 27, 2017

Sun Pharmaceutical Industries MD Dilip Shanghvi has said on Friday that the US sales might fall in 2018 because of pressure on drug prices, signalling tough market conditions in the United States (US) for generic drugmakers.

H-1B Visa: US Congress introduces bill seeking exemption for foreigners with American PhD

H-1B Visa: US Congress introduces bill seeking exemption for foreigners with American PhD

Sat, May 27, 2017

US Congressmen Erik Paulsen and Mike Quigley have introduced a bill that seeks exemption for foreign-born persons with an American PhD in science, technology, engineering or mathematics from the limits on the number of employment-based green cards and H-1B visas awarded annually.

Samsung Electronics to launch Galaxy S8 in New York today; here's how you catch the event live

Samsung Electronics to launch Galaxy S8 in New York today; here's how you catch the event live

Wed, Mar 29, 2017

Samsung Electronics will live stream the phone Galaxy S8 launch event titled 'Samsung Galaxy Unpacked 2017' on its website starting at 8:30 pm on Wednesday as per Indian Standard Time (IST).

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