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Highest-level rain alert issued for Japan's Ishikawa

Highest-level rain alert issued for Japan's Ishikawa

Sat, Sep 21, 2024

Japan's weather agency on Saturday issued its highest-level alert for heavy rain in parts of Ishikawa Prefecture, which was severely hit by the New Year's Day earthquake.

Hamas Leader Eliminated, Israel Braces for Major Retaliation

Hamas Leader Eliminated, Israel Braces for Major Retaliation

Wed, Jul 31, 2024

Hamas chief killed. Israel fears major attack. Haniya was under tight security. Citizens were asked to remain prepared in the shelter. See complete details in this video.

Paris Gears Up for the Grand Sports Extravaganza, Spectacular Opening Ceremony Awaits!

Paris Gears Up for the Grand Sports Extravaganza, Spectacular Opening Ceremony Awaits!

Fri, Jul 26, 2024

Paris ready for Mahakumbh of sports. Grand Opening Ceremony in Paris. Indian contingent of 117 athletes. Sindhu, Sharat Kamal will lead India

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Apple invests $390mn in US-made iPhone lasers

Apple invests $390mn in US-made iPhone lasers

Thu, Dec 14, 2017

The 700,000-square-foot manufacturing plant in Sherman, Texas, that was closed in 2012, is expected to begin shipping its products in the second half of 2018 and its output will make Sherman the VCSEL capital of the US.

Disney deal set to value Fox at more than $75 billion: source

Disney deal set to value Fox at more than $75 billion: source

Thu, Dec 14, 2017

Under the terms of the all-stock deal, Fox assets that will be sold to Disney, including the Twentieth Century Fox movie and TV studio, cable networks and international operations will be valued at around $29 per share, the source said on Wednesday.

Google opens AI centre in China as competition heats up

Wed, Dec 13, 2017

Artificial intelligence, especially machine learning, has been an area of intense focus for American tech stalwarts Google, Microsoft and Facebook, and their Chinese competitors Alibaba, Tencent and Baidu as they bid to master what many consider is the future of computing.

South Korea considers cryptocurrency tax as regulators grapple with 'speculative mania'

South Korea considers cryptocurrency tax as regulators grapple with 'speculative mania'

Wed, Dec 13, 2017

The world`s biggest and best known cryptocurrency, bitcoin, surged past $17,000 to new all-time highs this week, marking an almost dizzying 20-fold rise this year and feeding fears of a bubble.

WTO losing trade focus, too easy on some developing nations: US

WTO losing trade focus, too easy on some developing nations: US

Tue, Dec 12, 2017

US Trade Representative Robert Lighthizer, who has said he does not want major agreements out of the meeting, voiced concern that the WTO was becoming a litigation-centered organization.

Toshiba, Western Digital agree in principle to settle chip dispute: sources

Toshiba, Western Digital agree in principle to settle chip dispute: sources

Fri, Dec 08, 2017

Toshiba was forced to put the unit - the world`s no. 2 producer of NAND chips - on the block to cover billions of dollars in liabilities arising from its now bankrupt U.S. nuclear power unit Westinghouse.

IMF warns on brewing risks in China's financial system

IMF warns on brewing risks in China's financial system

Thu, Dec 07, 2017

The IMF report comes a day after regulators in Beijing drafted new rules to strengthen bank funding, and follows a number of alerts about a ballooning debt problem in the world's number-two economy.

Gold hovers near two-month lows as dollar firms

Gold hovers near two-month lows as dollar firms

Thu, Dec 07, 2017

Gold dipped slightly and held near a two-month low on Wednesday, under pressure from a firmer U.S. dollar ahead of a vote on the U.S. tax reform plan, but a potential government shutdown lent support to prices.

China's Sinopec looking to sell Nigeria business: Sources

China's Sinopec looking to sell Nigeria business: Sources

Wed, Dec 06, 2017

Sinopec and other oil groups including China National Petroleum Corporation and CNOOC made large acquisitions between 2009 and 2013 with the help of low-cost loans from Chinese state-owned banks.

German car lobby sees ''historic'' 2017 sales, small 2018 drop

German car lobby sees ''historic'' 2017 sales, small 2018 drop

Wed, Dec 06, 2017

New car registrations in Germany, Europe`s largest auto market, will grow to one of their highest-ever levels this year, fuelled by a strong economy and sales incentives for cleaner diesel models, the country`s main auto lobby said.

Global Markets: Tech tremors spread to financials to spoil global rally

Global Markets: Tech tremors spread to financials to spoil global rally

Wed, Dec 06, 2017

Investors concerned about high valuations took the top off the tech sector, where stocks such as Facebook, Alphabet, Tencent and Alibaba have reached prices some describe as "eye-watering".

Europe sucked into sell-off, sterling suffers Brexit blues

Europe sucked into sell-off, sterling suffers Brexit blues

Tue, Dec 05, 2017

US futures were pointing to another Nasdaq drop later too amid worries that Donald Trump`s long-promised tax cuts -- which took a big step forward on Monday -- could strip tech firms of some of their R&D tax breaks.

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.

YouTube to hire 10,000 people to root out bad content

YouTube to hire 10,000 people to root out bad content

Tue, Dec 05, 2017

YouTube along with Facebook, Google and Twitter have come under scrutiny over the availability of terrorist material and propaganda on their platforms.

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.

CVS Health to acquire Aetna for $69 billion in year's largest acquisition

CVS Health to acquire Aetna for $69 billion in year's largest acquisition

Mon, Dec 04, 2017

The deal comes after Aetna`s $37 billion plan to acquire smaller U.S. health insurance peer Humana Inc was blocked in January by a U.S. federal judge over antitrust concerns. A proposed combination of peers Anthem Inc and Cigna Corp was also shot down.

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.

Sale of the century? $300-billion Saudi state sell-off moves slowly

Sale of the century? $300-billion Saudi state sell-off moves slowly

Fri, Dec 01, 2017

Saudi Arabia`s $300-billion privatisation programme was billed as the sale of the century when Crown Prince Mohammed bin Salman unveiled his plan to great fanfare. Nineteen months later, it is moving at a snail`s pace, bankers, investors and analysts familiar with the process say.

Asian manufacturing buoyed by tech as focus shifts to regional rate hikes

Asian manufacturing buoyed by tech as focus shifts to regional rate hikes

Fri, Dec 01, 2017

The firm expansion in factory activity, seen in South Korea, Japan and Taiwan, has not been uniform, however, with Beijing`s war on pollution tempering growth in Chinese manufacturing in October.

Bitcoin loses over a fifth of its value in less than 24 hours

Bitcoin loses over a fifth of its value in less than 24 hours

Thu, Nov 30, 2017

The fall tempers an astronomical rise for the cryptocurrency in recent months - bitcoin was up almost 1100 percent year-to-date on Wednesday. As of 1400 GMT on Thursday, it was still up around 850 percent.

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