Money

India being considered for aerial taxi service: Uber

On August 30, Uber reportedly selected India as one of the five shortlisted countries that could be home to the first global "Uber Air City" in the next five ...


Canaccord Genuity Upgrades Cronos Group (NASDAQ:CRON) to "Hold"

Relative Volume (or RVOL) is a volume indicator, meaning it assists measure shareholder interest in a stock. ATR remains at 0.1829 while Beta component of the...


#FinancialBytes: What happens if you miss tomorrow's ITR filing deadline

The total number of income tax returns , filed electronically up to August 31, was 5.42 crore as against the previous year's 3.17 crore. As many as 1.17 cror...


Tencent's Value Falls $20B Due to New Chinese Gaming Regulations

Tencent has lost a staggering $164 billion in market value from its peak in January, chiefly on regulatory uncertainty, and now trails arch rival Alibaba Group...


Donald Trump Scraps Federal Employees' Planned Pay Raise, Calls It 'Inappropriate'

Trump also stated the pay increase would amount to over $ 25 billion , which he called "inappropriate". But Trump's pay freeze comes even as he touts a boomi...


Kentucky Fried Chicken will pay you to name your baby 'Harland'

The victor will get $11,000 towards the baby's college education. Why $11,000 you might ask? The contest is open from September 9 to October 9 and the prize...


Google and Mastercard in credit card data deal

She claimed that Google does not have access to any personal info of the credit card holders and they do not share any of it with their ad partners. Google em...


Agriculture GDP clocks 5.3% growth in Q1

Greater government spending has given households more money to buy consumer durables, which helped the manufacturing sector post 13.5 percent growth in June q...


Canada voices optimism as it rejoins negotiations — NAFTA talks

Trade Representative Robert Lighthizer. Some people weren't sure if it was a good meeting, but I was. The two sides agreed to stricter rules for Mexican auto ...


Nafta: US-Canada trade talks break up without deal

The administration had set a deadline of Friday for a deal with Canada. So it was on Friday morning when Freeland was asked-after the Toronto Star broke a...


Ford kills plan to import Chinese-made cars due to Trump tariffs

A Ford spokesman said the company would not reconsider its decision even if tariffs were eventually lifted. The auto was expected to be available in the U.S.i...


Rupee at 71: Indian rupee hits record low against United States dollar

Analysts pointed out that caution ahead of key macroeconomic data coupled with a rise in demand for United States dollars also dragged the rupee lower. "The rup...


Newsprint tariff nixed in win for U.S. newspapers

An ITC statement said a full report on the commission's findings will be released in a September 8 report. The five-member body voted unanimously to strike ...


Argentina appeals for early €50bn bailout from International Monetary Fund as peso crashes

The Argentine economy has experienced 30% inflation in July, one of the highest in the world . The International Monetary Fund said it was studying a reque...


Donald Trump threatens to pull USA out of World Trade Organization

The EU leaders agreed "in substance" on Thursday (28 June) on a set of proposals to improve the World Trade Organisation , which should pave the way for findin...


European Union citizens back plan to end twice-yearly clock changes

The European Union will respond in kind if U.S. President Donald Trump reneges on his pledge not to impose vehicle tariffs, European Commission President Jean...


Government proposes energy drinks ban for children

Professor Russell Viner , president of the Royal College of Paediatrics and Child Health, said: "There is no evidence that energy drinks have any nutritional va...


India’s GDP grows at 8.2%, cements its position as fastest growing economy

Even with the updated base year, experts had been estimating the GDP growth to remain in the range of 7.5-7.6 per cent during the June quarter. "Therefore, ...


China says trade talks with US should be based on 'equality'

The next stage of tariffs on US$16 billion of goods took hold in August. In an interview with Bloomberg News, Trump went back on his handshake agreement with...


Coca-Cola expands into coffee with $5.1 billion deal for Britain’s Costa

James Quincey, Coca-Cola president and chief executive, said: "Costa gives Coca-Cola new capabilities and expertise in coffee, and our system can create oppor...


Maker of James Bond’s favorite sports car eyes stock market

Palmer said the company will float at least 25 percent of shares in the initial offering. The 105-year-old company said it will file a registration document...


Another one bites the dust: Panasonic set to move headquarters to Amsterdam

Panasonic employs 20 to 30 people in its London office of whom 10 to 20 will make the move to Amsterdam. Panasonic is reportedly moving its European HQ from L...


International Monetary Fund studying Argentina request for early help as peso crashes

The central bank raised its policy rate to 60% from 45%, and pledged not to lower the interest rate at least until December. Argentina is crashing back into...


Trump Cancels Pay Raises For Federal Employees

Trump informed House and Senate leaders in a letter on Thursday. "In light of our Nation's fiscal situation, Federal employee pay must be performance-based, a...


Inventor James Dyson building EV development facility with test track

In all, Dyson expects to invest a whopping £550million in the 750-acre former RAF base, on which it will also build a sports centre, café and visitor centre whe...


Argentina Central Bank hikes interest rate to 60%

Earlier on Thursday the peso fell to a fresh record low of 40.00 per U.S. "Over the last week we have seen new expressions of lack of confidence in the market...


Tesla goes airborne, crash lands into school parking lot

Barrie Today reports‚ the driver has been charged with risky driving. Amazingly the driver and passenger of the auto, which sprayed sparks and tyre debris ac...


Warren Buffett buys stake in company behind India's Paytm digital payment brand

Berkshire has traditionally been very selective in the tech space, with Buffett stating recently that he was wrong for not having invested in companies such as ...


Five things to know about today's Trans Mountain pipeline court ruling

Kenney said he doesn't blame the federal government for the situation but said the courts appeared to continually change the definition of what constitutes me...


Turkey's President Erdogan to visit Iran on September 7

The administration of Turkish President Tayyip Erdogan has repeatedly called for Washington to extradite the movement's leader, Fethulla Gulen, who is in exile ...