Finance

Amazon India unveils Hindi website, app in battle with Flipkart

Amazon India unveils Hindi website, app in battle with Flipkart The global e-commerce giant plans to reach out to the next 100 million customers who might be more comfortable with Hindi than with English . The company says that for the first time customers will be able to enjoy the shopping of Diwali in Hindi. [Full Article...]

Student poster prank in Texas McDonald's goes unnoticed for nearly two months

They even found a McDonald's shirt at a thrift store and dressed up as employees. And judging by the response Jevh Maravilla and Christian Toledo are getting worldwide, a lot of people seem to be lovin' it. "I guess I did my part". In a statement obtained by DailyMail.com, Pearland McDonald's franchisee Mariselle Quijano said, "We take pride in highlighting diversity in every aspect of our r... [Full Article...]

US crude rises on Gulf of Mexico shut ins

US crude rises on Gulf of Mexico shut ins OPEC and its allies agreed in June to increase combined output by 1 MMbpd to meet consumer demand and prevent a sharp rise in prices. Meanwhile, the price of US WTI crude was 2.05% in the green at $71.23 per barrel. "The fundamental picture is the strongest I've seen in quite some time", Kilduff said. The reports said: "The impact of the sanctions will not be confined to the oil industry and w... [Full Article...]

Black woman ousts established Democrat in Boston vote

Black woman ousts established Democrat in Boston vote Another veteran congressman, Democratic Rep. Richard Neal, won a spirited primary showdown with Tahirah Amatul-Wadud, a black attorney from Springfield who had hoped to become the first Muslim to serve in Congress from MA. Pressley tapped into growing cries within the Democratic Party for newer, more diverse leadership. Neal, the dean of the state's House delegation, first was elected in 1989. [Full Article...]

Amazon Becomes Second Company To Hit $1 Trillion After Apple

Amazon Becomes Second Company To Hit $1 Trillion After Apple The company's success put its founder and chief executive Jeff Bezos top of the Forbes billionaires list this year. Interestingly, as The Verge points out, Amazon is only the third company internationally to hit a $ 1 trillion market cap. [Full Article...]

Amazon hits $1 trillion market value milestone

Amazon hits $1 trillion market value milestone By early afternoon, Amazon's stock was trading at $2,030 per share, up less than 1 percent, putting its market cap at $990 billion. The e-commerce giant's stock rose to a high of $2,050.50 on Tuesday morning. Last month, Apple became the first USA company to become a $1 trillion company. The company's blowout success has made its founder and CEO, Jeff Bezos, No. [Full Article...]

Petrol, diesel prices at highest-ever levels on rupee woes

Petrol, diesel prices at highest-ever levels on rupee woes Fuel prices have continued to march upwards touching new all-time highs on Monday. The latest numbers show that petrol price in China - a nationwide average - is Rs 78.95 (7.57 CNY). In a media statement, the department said that South Africa had witnessed "sustained increases in fuel prices for the past few months, which placed a strain on the consumers". [Full Article...]

California net neutrality bill clears key hurdle

California net neutrality bill clears key hurdle This bill proposed no telco or ISP would collect personally identifiable information from a customer as a result of the customer's use of the telecommunications or internet services without the customer's approval. Consumer groups, however, argued that the rules were vital to protect users at a time when internet providers are focused on buying up media companies and establishing Facebook-like... [Full Article...]

Tencent loses Billions after China fights myopia with gaming curbs

Tencent loses Billions after China fights myopia with gaming curbs The ramifications of the country's controversial approval process can be seen in China's largest video game operator, Tencent ( TCEHY ), which experienced a rare earnings drop due to an approval freeze of one of their major games. The government has also called parents, guardians, and educational institutions to limit children's access to gadgets, particularly those non-learning purposes, to... [Full Article...]

JD.com CEO released after U.S. arrest for alleged sexual misconduct

JD.com CEO released after U.S. arrest for alleged sexual misconduct The billionaire has been dubbed the "Jeff Bezos of China" and has been a prime challenger to Jack Ma's Alibaba e-commerce empire. The Minneapolis Police Department said the investigation remained active and would not confirm details of the arrest or the allegations against the 45-year-old Liu. [Full Article...]

Britain commits to free trade with Kenya

Britain commits to free trade with Kenya While speaking with the scouts, Ms May was led out to a music and dance performance - and joined in. And the internet mocked it all, by dubbing various songs over her dancing. The U.K. has become the third worldwide partner - after Switzerland and Jersey Island - to support Kenya's war on graft through the signing of agreements aimed at repatriation of assets and monies acquired through corrup... [Full Article...]

Chicago Board Options Exchange Plans To Launch Ethereum Futures

Chicago Board Options Exchange Plans To Launch Ethereum Futures Ether Futures are expected to be launched by the end of 2018. By this logic, ETH futures trading will provide an opportunity for bears to short Ether. This news immediately sparked speculation about the effect this vehicle would have on the market, with many optimists noting that this futures contract should help to propel the price, development, and maturation of Ethereum , and subsequently, ... [Full Article...]

Google and Mastercard in credit card data deal

Google and Mastercard in credit card data deal Google has reportedly approached many other companies about the platform, but there's no information on what or how many deals have been signed. The partnership is apparently one way Google can measure retail spending and boost its business as Amazon and other online companies continue to grow, according to the report. [Full Article...]

Newcomers score first round of SF scooter permits

Newcomers score first round of SF scooter permits After a thorough review of 12 applications and more than 800 pages of proposals received, the SFMTA will offer permits to Scoot and Skip . The controversial Bird electric scooters, which have become a national phenomenon, have landed in Birmingham, Ala. [Full Article...]

Brexit talks may miss Oct deadline

Brexit talks may miss Oct deadline After his latest talks with Barnier, Britain's Brexit minister Dominic Raab said he was "stubbornly optimistic" and "as confident as before, if not more" that there would be a deal. In terms of the prickly issue of the Irish border, Barnier sent out a clear warning to the UK. Politicians fear that a return to customs checks and police on the land frontier between Northern Ireland and the Irish... [Full Article...]

Ford Cancels China Exports Facing Trump Tariffs

Ford Cancels China Exports Facing Trump Tariffs The company decided it wasn't worth investing more money in a vehicle that would have had fewer than 50 ,000 unit sales a year in the U.S. The corporate sells 2.5 million vehicles a year, so the Focal level Spirited decision isn't vastly most important, however it is a ways most frequently a harbinger of different cuts by Ford or other American auto companies due to of tariffs , lowering sub... [Full Article...]

Agri, manufacturing, construction drive India's GDP at 8 2 pc

Agri, manufacturing, construction drive India's GDP at 8 2 pc This growth figure, released by the Central Statistics Office (CSO) under the aegis of Statistics and Programme Implementation Ministry, said that this was the highest growth in two years and strongest since the first quarter of 2016. In contrast to this backdrop, the GDP growth numbers for the first quarter are likely to bring some good news. In a double delight for the government, country... [Full Article...]

Argentina raises interest rate to 60 as peso plunges

Argentina raises interest rate to 60 as peso plunges The peso fell more than 13 percent against the dollar on Thursday, closing at an all-time low of 39.2 per greenback, after slipping about 7 percent the day before. The IMF said hours later that it was considering speeding up payments because of the financial meltdown, but that Argentina needed to adopt stronger fiscal and monetary policies. [Full Article...]

Warren Buffett: Apple Investing in Tesla a 'Very Poor Idea'

Warren Buffett: Apple Investing in Tesla a 'Very Poor Idea' With this deal, Buffett's investment firm joins Japanese giant SoftBank that had previous year bought a reported 20 percent stake in Paytm for an estimated $1.4 billion (over Rs 9,000 crore). His conglomerate, meanwhile, has been under pressure to find significant investments and whittle down a $108.6 billion stockpile of cash. This investment is expected to help Paytm strengthen its mark... [Full Article...]

Bitcoin and Ethereum Price Forecast - BTC Prices Consolidate

Bitcoin and Ethereum Price Forecast - BTC Prices Consolidate There is expectation in the market that CBOE may launch Ethereum (ETH) futures by the end of 2018 if U.S. regulators approve its product. The CME established BTC futures trading on 17th December after the launching of BTC futures by the CBOE . [Full Article...]


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