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20th of April 2018
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Business and finance
An American ban puts China’s ZTE in peril
2018-04-19 10:48:20
TALK of restricting the use of Chinese telecoms equipment in the West is growing. This week the curbs went the other way, when America banned its comp
ESPN starts a streaming service
2018-04-19 10:48:20
THE first week for ESPN+, a sports streaming service that Disney, owner of ESPN, launched in America on April 12th, had none of the razzmatazz associa
Sir Martin Sorrell leaves WPP in a sorry state
2018-04-19 10:48:20
DURING his spectacular rise from London beancounter to the globe-trotting boss of WPP, the advertising powerhouse he created out of a backstreet wire-
Business writer
2018-04-19 10:48:20
The Economist is looking for a business correspondent to work at its headquarters in London. An ability to write informatively, succinctly and wittily
Amazon is not the only threat to legacy post offices
2018-04-19 10:48:20
The Pony Express, British styleIT MAY be hard to imagine a world without cheap postal services, but 200 years ago sending mail was a luxury. Posting a
How Heineken beer survives in Congo
2018-04-19 10:48:20
THE Bralima brewery in Kinshasa, the capital of the Democratic Republic of Congo (DRC), is an island of modernity in a city where chaos is the norm. I
A potential merger between IAG and Norwegian should worry flyers
2018-04-19 10:48:20
WHEN flag carriers such as British Airways (BA) ruled the skies, only the rich could afford to fly across the Atlantic. That was until Freddie Laker,
A new bankruptcy code is reshaping Indian business
2018-04-19 10:48:20
ENRIQUE IGLESIAS, a Spanish pop singer, plays an unlikely part in the story of Indian capitalism. His presence at a party to mark Vijay Mallya’s
Some American startups are borrowing ideas from China
2018-04-19 10:48:20
Hipster Hells Angel“WHEN you enter [the marketplace] with that level of hubris and arrogance, you don’t create trust.” So declared a
Should one of the world’s largest banks be wound down?
2018-04-19 10:48:19
DEUTSCHE BANK is one of the financial industry’s hardest problems. It is not a viable business when judged by any sensible yardstick, because it
Tax cuts and higher interest rates help boost banks’ earnings
2018-04-19 10:48:19
SO THIS is how normality feels. Between April 13th and April 18th America’s biggest banks reported a strong set of first-quarter earnings, with
America’s Treasury refrains from naming any currency manipulators
2018-04-19 10:48:19
MOST governments are happy when foreigners want their bonds, especially when those foreigners are long-term holders, like central banks. But America i
Reuters: Business News
BlackRock wants regulators to address unequal voting rights
2018-04-19 12:27:07
BOSTON (Reuters) - BlackRock Inc on Thursday called on securities regulators to set international standards for shareholder voting rights, suggesting
Trump launches effort to boost U.S. weapons sales abroad
2018-04-19 12:12:17
WASHINGTON (Reuters) - The Trump administration rolled out a long-awaited overhaul of U.S. arms export policy on Thursday aimed at expanding sales to
European utilities retrench as cross-border deals lose appeal
2018-04-19 12:09:43
PARIS/FRANKFURT (Reuters) - European utility companies are retrenching in their home markets and looking to unwind debt-financed cross-border mergers
TSMC's smartphone warning points squarely at Apple: analysts
2018-04-19 12:02:28
(Reuters) - Shares in Apple Inc and its suppliers fell on Thursday after a raft of analysts read a prediction of softer smartphone sales from Taiwan
Apple, Philip Morris, chip stocks lead Wall Street slide
2018-04-19 11:43:59
(Reuters) - U.S. stocks dropped on Thursday, weighed down by a broad-based decline in technology stocks from Apple to chipmakers as well as a tumble i
GM Korea, union fail to reach agreement before Friday deadline
2018-04-19 11:15:56
SEOUL (Reuters) - Wage talks between General Motors' South Korean unit and its labor union ended without an agreement on Thursday, a day before the
Allergan moves in as Shire rebuffs $63 billion Takeda bid: sources
2018-04-19 10:18:15
NEW YORK/LONDON (Reuters) - Drugmaker Shire has rejected a third takeover bid worth nearly $63 billion from Japan's Takeda Pharmaceutical , although
The great Russian oil game in Iraqi Kurdistan
2018-04-19 10:12:29
LONDON (Reuters) - Last October, at the height of a political crisis in Iraq's Kurdistan region, a letter arrived at the Iraqi oil ministry in Baghda
U.S. ban on sales to ZTE triggers patriotic rhetoric in China
2018-04-19 08:37:04
HONG KONG (Reuters) - A U.S. ban on sales of American components to ZTE Corp has unleashed a patriotic backlash in China's cyberspace, highlighting
Exclusive: China looks to speed up chip plans as U.S. trade tensions boil - sources
2018-04-19 08:36:09
BEIJING (Reuters) - China is looking to accelerate plans to develop its domestic semiconductor market amid a fierce trade stand-off with the United St
P&G to buy German Merck's consumer health unit for $4.2 billion
2018-04-19 03:54:59
(Reuters) - Procter & Gamble Co will acquire the consumer health business of Merck KGaA for about 3.4 billion euros ($4.2 billion), giving it vita
As GM mulls options for unit, how does bankruptcy work in South Korea?
2018-04-19 03:35:19
SEOUL (Reuters) - General Motors has said its loss-making South Korean operation would file for bankruptcy if its union failed to agree to cut labor
Business News - UPI.com
Pentagon awards $67.8M contract for Ballistic Missile Defense System
2018-04-19 13:28:31
MacAulay-Brown Inc. was awarded a $67.8 million contract by the Missile Defense Agency for development and services for the Ballistic Missile Defense
HII contracted for repairs, upgrades on USS Gerald R. Ford
2018-04-19 13:13:00
Huntington Ingalls was awarded a $10.7 million contract by the Navy for repairs and upgrades on the USS Gerald R. Ford following sea trials of the ves
Lockheed awarded $928M for hypersonic strike weapon
2018-04-19 11:01:14
Lockheed Martin has been awarded a contract by the Air Force for development, engineering, testing and integration of the hypersonic conventional stri
Oil prices rally in spite of darker economic clouds
2018-04-19 10:22:00
Crude oil prices continued their rally to test multi-year highs Thursday amid signs of higher demand, despite concerns about future economic growth.
BP sees $6 billion in gas investments in India
2018-04-19 09:09:48
British energy company BP said Thursday it signed off on the development of deepwater gas projects in India for a total investment of $6 billion.
Oil-rich North Dakota expecting budget issues
2018-04-19 08:34:01
Facing tariff headwinds, and despite its vast crude oil resources, North Dakota may have to cut back because of a shortage of general funds, the gover
No quick fix on sanctions, Russia says
2018-04-19 07:46:43
There are no quick remedies to help support companies like Gazprom that are the target of U.S. sanctions, a Russian presidential spokesman said.
Funding emerges for company with a Cuban energy footprint
2018-04-19 06:31:49
Melbana Energy, an Australian company with operations in Cuba and New Zealand, said it secured a $2.5 million loan to help finance its operations.
Amid trade tensions, Alaska's governor plans Chinese trade mission
2018-04-19 06:06:52
A trade mission to China will showcase the prospects for investment opportunities in Alaska, the governor of the northern U.S. state said.
Norway's oil and gas production declines
2018-04-19 05:56:12
Technical problems were to blame for a drop in average daily oil production from Norway, one of Europe's main suppliers, the government said.
Dynetics to develop Gremlins UAV system for DARPA
2018-04-18 13:51:46
Dynetics Inc. was awarded a $32 million contract for phase III of the Gremlins program, small unmanned aerial systems used for combat and non-combat r
Raytheon wins contract for Barracuda counter-mine system
2018-04-18 13:25:23
Raytheon has been awarded an $83 million contract by the U.S. Navy for the design, testing and deployment of Barracuda mine neutralization systems.
Home Page
News digest: HUL data controversy, Jaypee Infra, bank directors, and more
2018-04-15 17:29:00
BS brings you up to date with the latest news
Business as usual: RBI crackdown fails to deter bitcoin traders
2018-04-15 17:24:00
RBI directive proved opportune for a lot of traders who used dip in bitcoin and other virtual currency prices to their advantage by buying even more a
Insurers set fresh terms for liability insurance for bank boards' directors
2018-04-15 17:19:00
The controversies linked to Chanda Kochhar, Shikha Sharma and others are forcing insurance firms to renegotiate rates for directors' indemnity
Trials in Kathua rape and murder case begin today against 8 accused
2018-04-15 17:18:00
The chief judicial magistrate of Kathua will be committing one of the charge sheets, in which seven people have been named, to the sessions court for
By buying stake in Flipkart, Walmart wants to achieve these 3 lofty targets
2018-04-15 17:14:00
To counter Amazon, the world's biggest retail chain is likely to take Flipkart's e-commerce model to US
PM Modi sets off for Britain with eye on post-Brexit trade
2018-04-15 17:11:00
India's trade with Britain will also be affected if volatility hits the British currency, the pound
Uber steps up India play as Ola looks overseas market
2018-04-15 16:55:00
With present CEO Dara Khosrowshahi pronouncing India a 'core market', the company plans to go all out
Q4 results: Infosys stock could dip today on lower margin guidance
2018-04-15 16:31:00
The main reason for the lower margin guidance is investments in the digital business
Kerala rejects state Finance Commission's views on tax devolution
2018-04-15 16:26:00
This comes after the state government delayed the presentation of the State Finance Commission report in the legislative assembly by two years
Intra-state e-way bill rolled out in five states from Sunday
2018-04-15 16:17:00
From midnight till 5 pm on Sunday, about 0.24 million e-way bill (both inter state and intra-state) was generated on the portal, an official said
To participate in stake sale process, IFC may underwrite Air India debt
2018-04-15 16:10:00
Rs 333-bn debt on Air India's books has upset many potential bidders
Right to debar some promoters but SMEs deserve relaxed rules: UCO Bank MD
2018-04-15 16:03:00
'Frauds have been happening in banks, but now the magnitude has gone up substantially,' says R K Takkar
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