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World News

  • Germany pledges at least 100 mn euros in aid for dairy farmers

    Germany pledges at least 100 mn euros in aid for dairy farmers  

    The German government will put atleast 100 million euros (USD 111 million) on the table to help milk producers cope with plunging prices that are threatening their livelihoods, the minister for agriculture said

    30 May 2016, 8.56 pm  |  Source: PTI

  • Cameron`s leadership challenged over EU referendum

    Cameron's leadership challenged over EU referendum  

    As the June 23 referendum deadline nears, British Prime Minister David Cameron is facing a major challenge to his leadership of the ruling Conservative party as rebel MPs began speaking out openly against him over his handling of...

    30 May 2016, 4.00 pm  |  Source: PTI

  • ONGC Videsh, Azerbaijan`s SOCAR to jointly trade oil: Sources

    ONGC Videsh, Azerbaijan's SOCAR to jointly trade oil: Sources  

    OVL, the overseas acquisition arm of India's biggest explorer Oil and Natural Gas Corp , plans to initially sell its share of oil from the large Azeri, Chirag and Guneshli (ACG) group of fields in Azerbaijan through the new ventur...

    30 May 2016, 2.00 pm  |  Source: Reuters

  • US firms keen to invest in India: USIBC

    US firms keen to invest in India: USIBC  

    "There is a sense of hope among US companies that Indian market is going to be a good market. That's why they are investing into it and we see the momentum picking up from the US companies," Mukesh Aghi, president of US India Busi...

    30 May 2016, 1.50 pm  |  Source: PTI

  • India to drive world growth for next 10 yrs: Goh Chok Tong

    India to drive world growth for next 10 yrs: Goh Chok Tong  

    "India is a hope for us. India is at a stage China was 10 years ago to amend slack in the economy," he said speaking at the Future of Asia Conference organised by Nikkei here.

    30 May 2016, 12.46 pm  |  Source: PTI

  • China bets on duty-free paradise to keep luxury spenders at home

    China bets on duty-free paradise to keep luxury spenders at home  

    Firms such as the owner of the world's biggest duty-free shopping centre, China International Travel Service Corp Ltd (CITS), are capitalising on a relaxation of duty-free spending restrictions in February, with HNA Group Co Ltd r...

    30 May 2016, 12.15 pm  |  Source: Reuters

  •  Global markets seem well-prepared for rate hike: Fed`s Bullard

    Global markets seem well-prepared for rate hike: Fed's Bullard  

    Bullard added a rebound in US GDP growth seems to be materialising in the second quarter, but reserved his opinion on whether the Fed should hike in June or July for the next policy meeting at the US central bank.

    30 May 2016, 12.14 pm  |  Source: Reuters

  • AirAsia has had $1 bn takeover offer for leasing unit: Report

    AirAsia has had $1 bn takeover offer for leasing unit: Report  

    AirAsia intends to divest the business, Asia Aviation Capital Ltd, at some point, Fernandes told Bloomberg on Monday but added that the offer needs to be discussed further with the board.

    30 May 2016, 8.45 am  |  Source: Reuters

  • Noble Group`s CEO resigns, to sell US energy unit

    Noble Group's CEO resigns, to sell US energy unit  

    Alireza, a former Goldman Sachs banker had steered Asia's biggest commodity trader to sell assets, cut business lines and take big writedowns as it battled weak commodity markets and the fallout from an accounting dispute.

    30 May 2016, 8.33 am  |  Source: Reuters

  • UK unlikely to exit EU but see pound selloff if it does: Experts

    UK unlikely to exit EU but see pound selloff if it does: Experts  

    World over, traders and investors are awaiting a key economic event with the some trepidation.

    28 May 2016, 3.05 pm  |  Source: CNBC-TV18

  • WHO rejects calls to move Olympics over Zika fears

    WHO rejects calls to move Olympics over Zika fears  

    The UN health body outlined its stance in a statement late yesterday after a group of 150 international doctors, scientists and researchers sent an open letter outlining fears that the arrival of half a million tourists for the Ga...

    28 May 2016, 2.50 pm  |  Source: PTI

  • Medical experts want Rio Olympics delayed or moved due to Zika

    Medical experts want Rio Olympics delayed or moved due to Zika  

    On Thursday, Dr. Tom Frieden, director of the US Centers for Disease Control and Prevention, declared there was no public health reason to cancel or delay this summer's Games.

    28 May 2016, 12.56 pm  |  Source: CNBC

  • Trump supporters, protestors clash in San Diego, 35 arrested

    Trump supporters, protestors clash in San Diego, 35 arrested  

    The clash between pro and anti-Trump groups occurred after the Republican leader ended his speech in San Diego in the western California state yesterday, with several people throwing stones and plastic bottles, some that hit polic...

    28 May 2016, 12.50 pm  |  Source: PTI

  • Automakers recall 12 million US vehicles over Takata air bags

    Automakers recall 12 million US vehicles over Takata air bags  

    Honda Motor Co is recalling 4.5 million US vehicles while Fiat Chrysler Automobiles NV is recalling 4.3 million, according to the documents. The new recall is focused on passenger-side air bag inflators, while prior recalls were f...

    28 May 2016, 12.45 pm  |  Source: Reuters

  • Uber appeals Pennsylvania utility regulator`s $11 mn fine

    Uber appeals Pennsylvania utility regulator's $11 mn fine  

    The Public Utility Commission fined San Francisco-based Uber in April for operating in the state for six months in 2014 without the required approval.

    28 May 2016, 12.24 pm  |  Source: PTI

  • Donald Trump raises $6 million in first fund raising event

    Donald Trump raises $6 million in first fund raising event  

    Trump, who self-funded his primary election campaign by putting more than USD 40 million from his own pocket has said that he intends to raise USD 1 billion for the November general elections which would include funding for the va...

    28 May 2016, 12.22 pm  |  Source: PTI

  • Yellen: Rate rise probably appropriate in coming months

    Yellen: Rate rise probably appropriate in coming months  

    Federal Reserve Chair Janet Yellen said that given the pace of US economic growth, a Fed decision to increase interest rates could be on the cards soon

    28 May 2016, 11.58 am  |  Source: PTI

  • Japan shares G7 push for inclusive growth with Asia, Africa

    Japan shares G7 push for inclusive growth with Asia, Africa  

    Japanese Prime Minister Shinzo Abe is sharing a push by the Group of Seven advanced industrial nations to promote inclusive growth across the globe in meetings with leaders of seven developing countries

    28 May 2016, 11.58 am  |  Source: PTI

  • G7 leaders pledge action on terrorism, refugees, slow growth

    G7 leaders pledge action on terrorism, refugees, slow growth  

    The G-7 leaders claimed a "special responsibility" for beefing up policies to stimulate and sustain growth of their sluggish economies.

    27 May 2016, 9.38 pm  |  Source: PTI

  • Google boss Schmidt: I use iPhone too, but Samsung`s better

    Google boss Schmidt: I use iPhone too, but Samsung's better   

    During a "fireside chat" with CNBC at Startup Fest in Amsterdam on Tuesday, Eric Schmidt, Executive Chairman of Alphabet (parent of Google) said he was an iPhone user, but also has a Samsung Galaxy S7, which runs Android.

    27 May 2016, 8.51 pm  |  Source: CNBC

  • 300 passengers evacuated from Korean plane at Tokyo airport

    300 passengers evacuated from Korean plane at Tokyo airport  

    TV footage from the airport showed the plane, which was bound for South Korea's Gimpo International, surrounded by red fire trucks and with the area around its left wing doused in foam. The plane's inflatable emergency evacuation ...

    27 May 2016, 7.22 pm  |  Source: PTI

  • Ready for `loose cannon` Trump`s fantasy campaign: Clinton

    Ready for 'loose cannon' Trump's fantasy campaign: Clinton  

    Describing Donald Trump as "an unqualified loose cannon", Democratic presidential frontrunner Hillary Clinton has warned that every American should be concerned that the most important job in the world was within the reach of her ...

    27 May 2016, 5.34 pm  |  Source: PTI

  • Trump vows to cancel Paris Climate Agreement

    Trump vows to cancel Paris Climate Agreement  

    Donald Trump has vowed to cancel the historic 'Paris Climate Agreement' and stop US donations for UN global warming programme as the Republican presidential candidate outlined his plan to accomplish "complete American energy i...

    27 May 2016, 5.14 pm  |  Source: PTI

  • Obama pays tribute at Hiroshima nuclear memorial

    Obama pays tribute at Hiroshima nuclear memorial  

    Obama looked sombre as he offered the wreath, lowering his head and pausing for a moment with his eyes closed before withdrawing and watching Japanese Prime Minister Shinzo Abe lay his flowers.

    27 May 2016, 4.58 pm  |  Source: PTI

  • Apple considered buying Time Warner: Report

    Apple considered buying Time Warner: Report  

    The discussions, according to the sources, however, didn't proceed beyond the preliminary stages and also didn't include Apple CEO Tim Cook or his Time Warner counterpart Jeff Bewkes.

    27 May 2016, 3.04 pm  |  Source: NEWS18.com

  • China approves $8.34 billion in infrastructure projects: NDRC

    China approves $8.34 billion in infrastructure projects: NDRC  

    The projects include a 134-kilometre (83-mile) highway in the northeastern province of Jilin and a 362-kilometre high-speed railway that will run through northern Shanxi province and neighboring Henan province.

    27 May 2016, 2.49 pm  |  Source: Reuters

  • Japan PM hints at tax delay with economic `crisis` comment

    Japan PM hints at tax delay with economic 'crisis' comment  

    Tokyo is scheduled to raise the sales tax from eight to 10 percent in April 2017 to help pay down one of the biggest debt loads among rich nations.

    27 May 2016, 2.10 pm  |  Source: PTI

  • GM venture to recall over two million cars in China

    GM venture to recall over two million cars in China  

    The venture between GM and Shanghai-based SAIC will recall 2.16 million Buick and Chevrolet branded vehicles because their engine valves could corrode after extended use, the company said yesterday.

    27 May 2016, 1.50 pm  |  Source: PTI

  • Global steel oversupply must be `urgently addressed`: G7

    Global steel oversupply must be 'urgently addressed': G7  

    Beijing has been in the firing line over claims Chinese steel exports were forcing plant closures and job losses in some countries, as the sector grapples with soft prices and limp demand.

    27 May 2016, 1.50 pm  |  Source: PTI

  • Microsoft`s upgrade push irritates Chinese users

    Microsoft's upgrade push irritates Chinese users  

    Computers running older versions of Windows will automatically start the upgrade at the recommended time if users ignore the pop-up without selecting the easy-to-miss option to delay or cancel the update.

    27 May 2016, 11.58 am  |  Source: PTI

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