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  • Fed unshaken by US election, focused on rate hikes: Mester

    Fed unshaken by US election, focused on rate hikes: Mester  

    "The markets react and then they react again," she told Reuters on Wednesday. "You have to be careful about overreacting to them ... because they don't know more than anyone else about what the (fiscal) package will look like."

    17 Nov 2016, 8.00 am  |  Source: Reuters

  • Fed needs to assess how policies could change under Trump:Harker

    Fed needs to assess how policies could change under Trump:Harker  

    The Federal Reserve must take into account potential policy changes made by the incoming Trump administration which could affect the US central bank, Philadelphia Fed President Patrick Harker said on Wednesday.

    17 Nov 2016, 7.57 am  |  Source: Reuters

  • OPEC ready to reach `forceful` deal on cutting oil output:Maduro

    OPEC ready to reach 'forceful' deal on cutting oil output:Maduro  

    "There is sufficient will among OPEC countries to take the step we need to take in the month of November, (to reach) a forceful agreement to reduce production and construct new mechanisms to stabilise the market," Maduro said in a...

    17 Nov 2016, 7.56 am  |  Source: Reuters

  • Obama`s climate change targets won`t be reversed: John Kerry

    Obama's climate change targets won't be reversed: John Kerry  

    Without mentioning Donald Trump by name, Kerry's speech at the UN climate talks was partly aimed at the Republican president-elect who has called global warming a "hoax" and has pledged to "cancel" the Paris deal limiting greenhou...

    17 Nov 2016, 7.30 am  |  Source: PTI

  • GE CEO Immelt`s advice to Trump: `We have to engage globally`

    GE CEO Immelt's advice to Trump: 'We have to engage globally'   

    Immelt said policies that result in tax reform and improvements in infrastructure could help GE be more productive domestically, but growing internationally through exports is also key to his company's growth.

    16 Nov 2016, 9.00 pm  |  Source: CNBC

  • China`s forex sales sharply declined in September

    China's forex sales sharply declined in September  

    Chinese lenders bought USD 107.9 billion worth of foreign currency in October and sold 122.5 billion dollars, resulting in a 49-percent month-on-month decline in net forex sales, according to data from the State Administration of ...

    16 Nov 2016, 6.24 pm  |  Source: PTI

  • Immigration crackdown may affect Google`s future plans: Pichai

    Immigration crackdown may affect Google's future plans: Pichai  

    Google's Indian-origin chief Sundar Pichai today said the global tech giant remains committed to Britain and will go ahead with a new one-billion-pound London headquarters that will create 3,000 jobs by 2020, but warned that post-...

    16 Nov 2016, 6.24 pm  |  Source: PTI

  • `Dec rate hike may be enough to get US rates to neutral setting`

    'Dec rate hike may be enough to get US rates to neutral setting'  

    "A single policy-rate increase, possibly in December, may be sufficient to move monetary policy to a neutral setting," Bullard said at a UBS conference in London.

    16 Nov 2016, 1.55 pm  |  Source: Reuters

  • Informal OPEC meeting likely in Doha on Fri to build consensus

    Informal OPEC meeting likely in Doha on Fri to build consensus  

    At the September meeting, OPEC agreed on modest preliminary oil output cuts in the first such deal since 2008, with special conditions given to Libya, Nigeria and Iran, whose output has been hit by wars and sanctions.

    16 Nov 2016, 1.27 pm  |  Source: Reuters

  • Court documents allege clashes inside RBS over 2008 toxic assets

    Court documents allege clashes inside RBS over 2008 toxic assets  

    The claimants' filings allege senior managers were warned by internal risk experts for more than six months that overvalued toxic debt, including subprime mortgage bonds, had left the bank dangerously exposed to a collapse in US p...

    16 Nov 2016, 12.40 pm  |  Source: Reuters

  • Google launches photo scanning app

    Google launches photo scanning app  

    The free standalone app detects edges, straightens the image, rotates it to the correct orientation and removes glare, Google said in a statement.

    16 Nov 2016, 12.16 pm  |  Source: PTI

  • EU regulators seen clearing $25 bn Abbott, St Jude deal: Source

    EU regulators seen clearing $25 bn Abbott, St Jude deal: Source  

    A spokesman for the European Commission, which is due to decide on the deal by November 23, declined to comment. Abbott, which also makes prescription drugs and diagnostics, had no immediate comment. St. Jude officials could not b...

    16 Nov 2016, 11.12 am  |  Source: Reuters

  • Why Microsoft beat Salesforce to acquire LinkedIn

    Why Microsoft beat Salesforce to acquire LinkedIn  

    Salesforce CEO Marc Benioff was a class act throughout the negotiations, but at the end of the day it came down to dollars and cents, said Weiner.Salesforce CEO Marc Benioff was a class act throughout the negotiations, but at the ...

    16 Nov 2016, 10.47 am  |  Source: CNBC

  • Tech cos need to address role in election outcome: Executives

    Tech cos need to address role in election outcome: Executives  

    "It is incumbent upon all of Silicon Valley — anyone responsible for technology that can reach beyond historically what was possible — to think about the unintended of what we're doing," said Jeff Weiner chief executive office...

    16 Nov 2016, 10.47 am  |  Source: CNBC

  • WhatsApp suspends giving Facebook European user data

    WhatsApp suspends giving Facebook European user data  

    Conversations with officials in Europe over the past few months resulted in the social network deciding to only tapping into WhatsApp user data there for purposes such as fighting spam, according to the source.

    16 Nov 2016, 10.10 am  |  Source: PTI

  • Fed`s Fischer says not concerned US markets lack liquidity

    Fed's Fischer says not concerned US markets lack liquidity  

    Since the 2008 financial crisis, leading banks have had to hold more capital to brace for a future shock and those rules might be weighing on markets, Fischer said.

    16 Nov 2016, 8.39 am  |  Source: Reuters

  • Boeing to cut 500 jobs in defence and space unit

    Boeing to cut 500 jobs in defence and space unit  

    The company, which is shutting plants in El Paso, Texas and Newington, Virginia, said some jobs in Huntington Beach plant would move to El Segundo, Long Beach, and Seal Beach in Southern California.

    16 Nov 2016, 8.37 am  |  Source: Reuters

  • DHL eCommerce to invest Euro 70 mn to augment e-commerce

    DHL eCommerce to invest Euro 70 mn to augment e-commerce  

    Through its subsidiary Blue Dart Express, this investment will go into the expansion of its air hubs in Delhi and Mumbai which are part of its network of 13 air hubs in India, the company said in a statement.

    16 Nov 2016, 8.10 am  |  Source: PTI

  • Google, Facebook cut ad revenue to `fake` news sites

    Google, Facebook cut ad revenue to 'fake' news sites  

    "Moving forward, we will restrict ad serving on pages that misrepresent, misstate, or conceal information about the publisher, the publisher's content, or the primary purpose of the web property." Facebook is implementing a simila...

    16 Nov 2016, 7.48 am  |  Source: PTI

  • BoE boss warns of rising inflation on Brexit-hit pound

    BoE boss warns of rising inflation on Brexit-hit pound  

    Carney, addressing lawmakers on the influential Treasury Select Committee, cautioned that "inflation is going up (and) that's a consequence of a very large move" in the exchange rate.

    16 Nov 2016, 7.48 am  |  Source: PTI

  • Vladimir Putin fires economy minister over bribe charges: Report

    Vladimir Putin fires economy minister over bribe charges: Report  

    "Vladimir Putin has published a decree relieving Ulyukayev of his functions," Peskov said, adding that the president had "lost confidence" in the minister.

    16 Nov 2016, 7.48 am  |  Source: PTI

  • Google announces new London office, 3,000 jobs expected

    Google announces new London office, 3,000 jobs expected  

    Google announced it would add a new office building to a complex currently under development behind London's King's Cross train station, which the tech firm said would be its first wholly owned and designed building outside the US...

    16 Nov 2016, 7.44 am  |  Source: PTI

  • US joining AIIB under Trump would be `good`: China

    US joining AIIB under Trump would be 'good': China  

    "It would be a good thing if the United States, the world's largest economy, were to join the AIIB. We have held this attitude since the very beginning," Foreign Ministry spokesperson Geng Shuang told reporters here responding to ...

    15 Nov 2016, 5.50 pm  |  Source: PTI

  • UN chief voices `hope` Trump will understand climate urgency

    UN chief voices 'hope' Trump will understand climate urgency  

    A week after the election to the White House of Trump, who has called global warming a "hoax" and has threatened to "cancel" the global pact, Ban said: "I am sure he will make a good, wise decision".

    15 Nov 2016, 5.00 pm  |  Source: PTI

  • Tesco recovery gains pace with fastest sales growth in 3 years

    Tesco recovery gains pace with fastest sales growth in 3 years  

    Shares in the company climbed as much as 4 percent after market researcher Kantar Worldpanel said Tesco's sales grew by 2.2 percent year-on-year in the 12 weeks to Nov. 6, boosting its share of Britain's grocery market to 28.2 per...

    15 Nov 2016, 4.51 pm  |  Source: Reuters

  • `Battery cars better than fuel cell vehicles to cut emissions`

    'Battery cars better than fuel cell vehicles to cut emissions'  

    Cars with hydrogen infrastructure provide few additional energy benefits besides clean transportation, according to researchers from Stanford University in the US and the Technical University of Munich (TUM) in Germany.

    15 Nov 2016, 4.50 pm  |  Source: PTI

  • Britain has no Brexit plan, leaked memo claims

    Britain has no Brexit plan, leaked memo claims  

    Civil servants are struggling to cope with more than 500 Brexit-related projects and an extra 30,000 extra staff may be needed to handle the workload, according to the memo published by The Times, reportedly prepared for the gover...

    15 Nov 2016, 3.18 pm  |  Source: PTI

  • Employees are scared for their safety after Trump`s win: Nooyi

    Employees are scared for their safety after Trump's win: Nooyi  

    "Do you have a box of tissues here," Nooyi, a staunch Clinton supporter, said at the New York Times Dealbook Conference here when asked how she felt on the morning of November 9, when Trump won the presidential election.

    15 Nov 2016, 2.38 pm  |  Source: PTI

  • Global smartphone subscriptions almost doubling by 2022:Ericsson

    Global smartphone subscriptions almost doubling by 2022:Ericsson  

    The Swedish company said it expected there will be 6.8 billion smartphone subscriptions globally by the end of 2022, up from 3.9 billion in 2016.

    15 Nov 2016, 2.30 pm  |  Source: Reuters

  • Nokia sees network market down in 2017, modest growth in 2018

    Nokia sees network market down in 2017, modest growth in 2018  

    The Finnish company set out its outlook on Tuesday at an investor meeting in Barcelona, where it warned markets for networks equipment next year would decline in Europe, Greater China and Latin America, while remaining flat in Nor...

    15 Nov 2016, 2.30 pm  |  Source: Reuters

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