World News

  • Northern Ireland votes in fractious snap election

    Northern Ireland votes in fractious snap election  

    Northern Ireland goes to the polls today for the second time in 10 months but there is little prospect that the outcome will fix the province's bitter political divisions.

    02 Mar 2017, 11.38 am  |  Source: PTI

  • 7 Indian-American students nominated for Truman scholarship

    7 Indian-American students nominated for Truman scholarship  

    Seven Indian-American students have been nominated for the prestigious Harry S Truman Scholarship, which is given to college juniors for demonstrating leadership potential and a commitment to public service.

    02 Mar 2017, 11.38 am  |  Source: PTI

  • Theresa May faces first Brexit bill defeat

    Theresa May faces first Brexit bill defeat  

    The House of Lords voted yesterday 358 to 256 for an amendment requiring ministers to protect the rights of EU nationals based in the UK following Brexit.

    02 Mar 2017, 9.48 am  |  Source: PTI

  • Brexit bill delayed as Lords back EU nationals` rights

    Brexit bill delayed as Lords back EU nationals' rights  

    The House of Lords voted today to amend and thereby delay a bill empowering Prime Minister Theresa May to begin Brexit negotiations, demanding guarantees for EU nationals living in Britain.

    02 Mar 2017, 8.02 am  |  Source: PTI

  • Trump budget plan draws strong opposition from Republicans

    Trump budget plan draws strong opposition from Republicans  

    Senate Majority Leader Mitch McConnell, R-Ky., who once headed the panel responsible for the foreign assistance budget, told reporters that Trump's cuts to foreign aid probably couldn't pass muster on Capitol Hill.

    02 Mar 2017, 8.00 am  |  Source: PTI

  • Hershey expects to cut 15% of global workforce

    Hershey expects to cut 15% of global workforce  

    The Pennsylvania-based chocolate company also lowered its forecast for long-term sales growth to between 2 and 4 per cent, down from the previous 3 to 5 per cent, J.P. Morgan analyst Ken Goldman noted.

    01 Mar 2017, 9.30 pm  |  Source: PTI

  • Trump pledges $1 trillion to rebuild infrastructure

    Trump pledges $1 trillion to rebuild infrastructure  

    US President Donald Trump today pledged to bring one trillion dollars in public and private investment to rebuild what he called America's crumbling infrastructure.

    01 Mar 2017, 9.30 pm  |  Source: PTI

  • Wilbur Ross resigns from ArcelorMittal Board

    Wilbur Ross resigns from ArcelorMittal Board  

    "ArcelorMittal's Board of Directors has taken note of Wilbur Ross' resignation from the Board as a consequence of his confirmation as US Secretary of Commerce. The Board congratulates Ross on his new role," the company said in a s...

    01 Mar 2017, 7.40 pm  |  Source: PTI

  • China to cut five lakh jobs in coal, steel sector

    China to cut five lakh jobs in coal, steel sector  

    China today said it will cut five lakh jobs from steel, coal and other heavy industries to reduce excess production capacity amid slowdown of the world's second largest economy.

    01 Mar 2017, 5.16 pm  |  Source: PTI

  • Greece aims to be among top 5 European destination for Indians

    Greece aims to be among top 5 European destination for Indians  

    To tap the Indian outbound travel segment, Greece is planning to position itself in the top 5 list of European destinations and promote as a holiday site that can be visited all around the year.

    01 Mar 2017, 4.22 pm  |  Source: PTI

  • China to cut 500,000 heavy industry jobs: Minister

    China to cut 500,000 heavy industry jobs: Minister  

    Yin Weimin said today the government will provide support for the laid-off workers to transfer to other jobs, start their own companies or retire.

    01 Mar 2017, 2.58 pm  |  Source: PTI

  • Foxconn `confident` it can buy into Toshiba chip business

    Foxconn 'confident' it can buy into Toshiba chip business  

    Gou was speaking as Foxconn, formally known as Hon Hai Precision Industry Co Ltd, broke ground for a 61 billion yuan (USD 8.87 billion) flat-screen display factory in Guangzhou province, southern China.

    01 Mar 2017, 2.55 pm  |  Source: Reuters

  • Euro zone factory activity touches 6-yr high on weaker euro: PMI

    Euro zone factory activity touches 6-yr high on weaker euro: PMI  

    IHS Markit's final manufacturing Purchasing Managers' Index for the euro zone rose to 55.4 in February, the highest since April 2011, from January's 55.2. It was revised down slightly from a flash estimate of 55.5 but remained far...

    01 Mar 2017, 2.46 pm  |  Source: Reuters

  • Uber CEO writes an apology letter after misconduct with driver

    Uber CEO writes an apology letter after misconduct with driver  

    A video recently surfaced on the Internet showing Kalanick getting into an argument with a driver, on his way back from Superbowl Sunday.

    01 Mar 2017, 12.33 pm  |  Source: NEWS18.com

  • Trump condemns Indian techie`s killing in address to Congress

    Trump condemns Indian techie's killing in address to Congress  

    Srinivas Kuchibhotla, 32, was killed and Alok Madasani, another Indian of the same age, injured in the shooting by navy veteran Adam Purinton, who yelled "terrorist" and "get out of my country" before opening fire on them.

    01 Mar 2017, 11.36 am  |  Source: PTI

  • New Trump order drops Iraq from travel ban list: Officials

    New Trump order drops Iraq from travel ban list: Officials  

    Four officials say the administration's decision follows pressure from the Pentagon and State Department.

    01 Mar 2017, 10.40 am  |  Source: PTI

  • Donald Trump calls for `merit-based` immigration system

    Donald Trump calls for 'merit-based' immigration system  

    Trump, during his first address to Congress, noted that "nations around the world, like Canada, Australia and many others have a merit-based immigration system".

    01 Mar 2017, 10.34 am  |  Source: PTI

  • Read Trump`s full prepared remarks for his first address to Cong

    Read Trump's full prepared remarks for his first address to Cong  

    That torch is now in our hands. And we will use it to light up the world. I am here tonight to deliver a message of unity and strength, and it is a message deeply delivered from my heart.

    01 Mar 2017, 10.21 am  |  Source: CNBC

  • The Fed is sending a strong message about a March rate hike

    The Fed is sending a strong message about a March rate hike  

    Four Fed presidents spoke Tuesday, and all indicated an interest rate hike could be considered in March. "All are on the same page, including hawks and doves, and especially Dudley," said Tom Simons, money market economist at Jeff...

    01 Mar 2017, 9.48 am  |  Source: CNBC

  • BOJ`s Sato calls for raising yield targets flexibly

    BOJ's Sato calls for raising yield targets flexibly  

    Sato also said the BOJ should not persist in maintaining the current pace of government bond purchases and consider reducing its massive holdings of treasury discount bills, since it now targets interest rates and not the pace of ...

    01 Mar 2017, 9.17 am  |  Source: Reuters

  • China Feb factory growth beats expectations as orders pick up

    China Feb factory growth beats expectations as orders pick up  

    Growth in both output and orders accelerated last month, according to official and private factory surveys on Wednesday, giving the government more room to focus on tackling financial risks to the economy as debt continues to rise...

    01 Mar 2017, 9.12 am  |  Source: Reuters

  • Trump condemns Kansas shooting, says US stands united against

    Trump condemns Kansas shooting, says US stands united against  

    "Recent threats targeting Jewish Community Centers and vandalism of Jewish cemeteries, as well as last week's shooting in Kansas City, remind us that while we may be a nation divided on policies, we are a country that stands unite...

    01 Mar 2017, 8.56 am  |  Source: PTI

  • Trump sees `New Chapter of American Greatness` in big speech

    Trump sees 'New Chapter of American Greatness' in big speech   

    Ahead of his signing of a revamped order, Trump said, "Those given the high honor of admission to the United States should support this country and love its people and its values."

    01 Mar 2017, 8.28 am  |  Source: Moneycontrol.com

  • Volkswagen has spent $2.9 bn on US buybacks: Court document

    Volkswagen has spent $2.9 bn on US buybacks: Court document  

    The report by an independent claims supervisor said the German automaker is buying back and terminating leases on about 15,000 vehicles a week. VW has made offers to buyback vehicles or cancel leases to 323,179 US consumers totall...

    01 Mar 2017, 7.54 am  |  Source: Reuters

  • Fed officials jolt market with talk of pending rate hike

    Fed officials jolt market with talk of pending rate hike  

    New York Fed President William Dudley, among the most influential US central bankers, said on CNN that the case for tightening monetary policy "has become a lot more compelling" since the election of President Donald Trump and a R...

    01 Mar 2017, 7.50 am  |  Source: Reuters

  • Nooyi meets Fadnavis, to skill food processing unit workers

    Nooyi meets Fadnavis, to skill food processing unit workers  

    The agreement was signed after Pepsico chair Indra Nooyi met Maharashtra Chief Minister Devendra Fadnavis here today, Pepsico said in a statement.

    01 Mar 2017, 7.50 am  |  Source: PTI

  • Donald Trump says he`s open to `compromise` immigration bill

    Donald Trump says he's open to 'compromise' immigration bill  

    The president, in a lunch with news anchors ahead of his address to Congress yesterday night, said, "The time is right for an immigration bill as long as there is compromise on both sides." A person with knowledge of the discussio...

    01 Mar 2017, 7.24 am  |  Source: PTI

  • JPMorgan expects 2017 expenses to rise about 3.4 %

    JPMorgan expects 2017 expenses to rise about 3.4 %  

    JPMorgan Chase & Co, the biggest U.S. bank by assets, said it expected 2017 expenses to rise about 3.4 percent as it spends more on technology and in signing up new credit card accounts.

    28 Feb 2017, 8.46 pm  |  Source: Reuters

  • Pak government cautioned over CPEC use by Chinese trucks

    Pak government cautioned over CPEC use by Chinese trucks  

    Head of a Pakistani parliamentary panel has cautioned the government against allowing Chinese trucks to ply along the strategic China-Pakistan Economic Corridor (CPEC) without getting "something" in return.

    28 Feb 2017, 8.16 pm  |  Source: PTI

  • US fourth-quarter economic growth unrevised at 1.9%

    US fourth-quarter economic growth unrevised at 1.9%  

    US economic growth slowed in the fourth quarter as previously reported, with robust consumer spending offset by downward revisions to business and government investment.

    28 Feb 2017, 7.33 pm  |  Source: Reuters

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