Money

Anil Ambani's RCom settles dues with Ericsson

Appearing for R Com, senior Advocates Kapil Sibal and Mukul Rohatgi had asked the court to accept Rs 118 crore towards outstanding dues to Ericsson India to est...


Trump calls GM's CEO in push to reopen OH auto plant

General Motors will also shut down the Oshawa facility in Ontario, Canada that now makes the Chevrolet Impala and Cadillac XT range. "She blamed the UAW Unio...


Powerball jackpot soars to $550 million

ET. The jackpot is now worth $550 million with a cash option of $335 million, according to the Powerball website . The last victor of over $100 million was D...


CBOE Cancels the Renewal of its Bitcoin Futures Contracts

The exchange is considering how it should approach the space with respect to its digital asset derivatives trading. According to the document, the now listed XB...


Brent crude hits 2019-high amid OPEC supply cuts

The WTI Crude Oil market broke higher during the week, clearing the little bit of resistance that we have been involved with for the last several weeks. Accord...


VW supervisory board criticizes CEO remark evoking Nazi slogan

The Volkswagen executive said: "It was a very unfortunate choice of words and if if I accidentally hurt feelings with it, I am extremely sorry. I would like t...


Jaguar Land Rover issues recall over emissions issue

Additionally, some of the affected vehicles will require physical repairs while others will just need software updates. JLR also declared that it shall be c...


Chinese Slowdown Deepens: Industrial Output at 17-Year Low

Growth in China's industrial output fell to a 17-year low in the first two months of the year, pointing to further weakness in the world's second-biggest econom...


HEXO stock soars after Newstrike acquisition

The estimation only accounts for the Canadian cannabis market. The company offers dried cannabis under the Time of Day and H2 lines; Elixir, a cannabis oil subl...


Debenhams to consider £150m loan

In a letter Sports Direct said: "You were clearly aware of the uncertainties in the market in January, yet you were still willing to make a statement that "th...


Cayman cleared, but concerns remain — European Union blacklist released

The expanded list includes five countries who have not met the EU's demands since the first blacklist-American Samoa, Guam, Samoa, Trinidad and Tobago and the U...


United Kingdom watchdog puts Brexit war chest at £26.6b

Brexit is casting a "cloud of uncertainty" over the British economy, Chancellor Philip Hammond admitted, after MPs rejected Theresa May's deal and the Budget w...


Happy Pi Day! Start Ciphering Or Eating, Whichever You Choose

Boston Market: Special buy-one-get-one deal on chicken pot pies on March 14. Pie is round, and pi is a mathematical ratio that represents a circle's circumfe...


Billionaire Peltz joins Aurora Cannabis to advise on partnerships, expansion

Peltz's investments are sometimes seen as adversarial by companies, as Trian's approach is to push for changes that will increase their market value. "I also ...


Uber plans to kick off IPO in April

Uber and SoftBank declined to comment to Reuters , while Toyota said it didn't have anything to announce. The Journal described the "late-stage" talks as flu...


Spotify files European Union antitrust complaint against Apple

Spotify has filed an antitrust complaint against Apple , complaining to the European Commission about the " Apple tax" and unfair behaviors by the Cupertino...


Interserve to go into administration after rescue deal rejected

The troubled outsourcer, which employs 45,000 people in the United Kingdom to clean schools and hospitals, run probation services and build roads and bridges, h...


Renault, Nissan, Mitsubishi Motors Announce New Board

The removal of Ghosn, credited for rescuing Nissan from near-bankruptcy in 1999, had caused much uncertainty about the future of the alliance and some specu...


Wells Fargo CEO faces bipartisan scolding, defends bank’s reputation

Sloan is testifying before the House Financial Services Committee, led by Rep. Maxine Waters (D-CA). "You will hear bipartisan criticism of the actions you ha...


Disney Expects 21st Century Fox Acquisition to Close Next Week

Adam Bankhurst is a news writer for IGN who offered $20 for 21st Century Fox but was turned down, sadly. Disney said Tuesday that 21st Century Fox shareho...


Tesla Reveals Model Y ‘Baby SUV’ Tonight

It is a product that Tesla founder Elon Musk first flagged back in 2015. Big excitement is brewing at Tesla's Design Studio in Hawthorne, California, tonight,...


Crude Inventories Pale, Oil Prices Extend Gains

OPEC sources have said an extension of the supply-cutting pact is the likely scenario. Overall Opec output fell by 221,000 bpd month-on-month to 30.55 milli...


Toyota announces $111 million investment, 123 new jobs at W.Va. plant

Toyota announced a year ago it would jointly build a new $1.6 billion plant with Mazda Motor Corp in Alabama. "But these decisions we're making today are really...


Johnson & Johnson to pay $42m in baby powder cancer payout

In 11 cases so far alleging asbestos contamination in talc, three have resulted in wins for plaintiffs, awarding damages as high as $4.69 billion in a July 20...


Elon Musk Argues Regulators Overstepped in Tweet Contempt Quest

Evidently, common sense prevailed and Tesla chose to drastically cut down on development and production costs of the Model Y by using one of its existing plat...


Facebook loses two important executives amid new privacy push

And just more than a week later, two of its biggest executives are leaving the company. Less than a year ago, he was put in charge of all of Facebook's apps, in...


US stock indexes end mostly higher, extending market's gains

In October, a Lion Air plane crashed into the sea off the Indonesian capital of Jakarta, killing all 189 people onboard. Boeing released a statement shortly a...


Windsor employers expect "cautiously optimistic" hiring climate

In the tech sector, we see a higher number of Java openings requiring computer science degrees than there are graduates. "As the Free State relies on its agri...


Telegram gains 3 million new users in 24 hours during Facebook outage

But the company said Thursday that it has fixed the problem and that its systems are "recovering". "We are 100 per cent back up and running and apologize for an...


Canadian Police Investigates Bitcoin ATM Frauds

The release stated that the Cybercrime Team of the Calgary Police Service received alarming reports of several fraudulent transactions involving Bitcoin i...