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Joe Biden holds bilateral meeting with Chinese President Xi Jinping in San Francisco

Joe Biden holds bilateral meeting with Chinese President Xi Jinp...

Thu, Nov 16, 2023

US President Joe Biden on November 16 held a bilateral meeting with China President Xi Jinping in San Francisco in the USA. The meeting was held on the sidelines of the Asia-Pacific Economic Cooperation (APEC). The purpose behind the meeting was for both sides to make efforts to increase high-level communication amid continued tensions.

Chinese President Xi Jinping Arrives in San Francisco for Crucial Talks with Biden

Chinese President Xi Jinping Arrives in San Francisco for Crucial...

Wed, Nov 15, 2023

Chinese President Xi Jinping arrived in San Francisco. This marked the commencement of his first visit to the United States in six years. Jinping is due to meet US President Joe Biden at an undisclosed location in the San Francisco Bay Area. He will also attend the annual summit of the Asia Pacific Economic Cooperation (APEC) forum.

US stock market falls drastically, S&P 500 falls by 7%

US stock market falls drastically, S&P 500 falls by 7%

Mon, Mar 09, 2020

Trading was halted this morning on the major stock exchanges after the S&P 500 fell by 7%, one of the so-called circuit breakers to block an absolute market path.

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British American Tobacco agrees terms to buy Reynolds for $49.4 billion

British American Tobacco agrees terms to buy Reynolds for $49.4 billion

Tue, Jan 17, 2017

British American Tobacco (BAT) has agreed a $49.4 billion (nearly Rs 3,28,645.9 crore) takeover of US rival Reynolds American Inc, creating the world`s biggest listed tobacco company after it nudged up an earlier offer by more than $2 billion (nearly Rs 13,305.5 crore).

Hyundai Motor to boost U.S. investment as automakers respond to Trump

Hyundai Motor to boost U.S. investment as automakers respond to Trump

Tue, Jan 17, 2017

The Hyundai Motor Group said it plans to boost U.S. investment by 50 percent to $3.1 billion over five years and may build a new U.S. factory - the latest auto firm to announce fresh investment after threats from President-elect Donald Trump to tax imports.

Brexit worries push gold prices to highest in over 7 weeks

Brexit worries push gold prices to highest in over 7 weeks

Tue, Jan 17, 2017

Gold prices hit their highest in more than seven weeks on Tuesday, boosted by safe-haven buying ahead of a speech in which British Prime Minister Theresa May is expected to discuss plans for a "hard Brexit".

Air India to soon start direct flights to Washington, Copenhagen

Air India to soon start direct flights to Washington, Copenhagen

Mon, Jan 16, 2017

Outlining its network expansion plans which include new flights and increase in frequencies to the existing domestic and international destinations, Air India on Monday said it expects to roll out non-stop services to Washington and Copenhagen from the national capital in next fiscal.

India's fuel consumption to hit 200 million tonnes in 2016-17: Oil Ministry

India's fuel consumption to hit 200 million tonnes in 2016-17: Oil Ministry

Mon, Jan 16, 2017

India's fuel consumption is likely to hit 200 million tonnes in 2016/17, an oil ministry executive said on Monday, in what would be the highest such level in at least 16 years.

Toyota adds 543,000 vehicles to Takata air bag recalls in United States

Toyota adds 543,000 vehicles to Takata air bag recalls in United States

Fri, Jan 13, 2017

Toyota Motor Corp says it is recalling another 543,000 vehicles in the United States (US) for defective front passenger air bag inflators made by Japan's Takata Corp.

China posts worst export fall since 2009 as fears of US trade war loom

China posts worst export fall since 2009 as fears of US trade war loom

Fri, Jan 13, 2017

China`s massive export engine sputtered for the second year in a row in 2016, with shipments falling in the face of persistently weak global demand and officials voicing fears of a trade war with the United States (US) that is clouding the outlook for 2017.

Funding to VC-backed start-ups declines by 23% globally in Q4 2016

Funding to VC-backed start-ups declines by 23% globally in Q4 2016

Thu, Jan 12, 2017

The deal count for start-ups too dropped below 2,000 for the first time since Q4 2013.

Apple grabs 31.3% phone sales in US, Android on the decline

Apple grabs 31.3% phone sales in US, Android on the decline

Thu, Jan 12, 2017

Apple`s iPhone 7, iPhone 7 Plus and iPhone 6s were the three most popular smartphones in the US at the beginning of the three-month holiday period last year, making a combined share of 31.3%, media reported.

Mobile advertising accounted for more than half of digital ad spends in 2016

Mobile advertising accounted for more than half of digital ad spends in 2016

Wed, Jan 11, 2017

As video consumption on mobile phones increases, more marketers are increasing the mobile ad spends.

Honda adds 772,000 vehicles to ongoing air bag recall

Honda adds 772,000 vehicles to ongoing air bag recall

Wed, Jan 11, 2017

Honda Motor Co is recalling 772,000 additional Honda and Acura vehicles in the US for defective front passenger seat air bag inflators made by Japanese supplier Takata Corp.

Will complete investment of Rs 1.25 lakh crore in Gujarat by March: Mukesh Ambani

Will complete investment of Rs 1.25 lakh crore in Gujarat by March: Mukesh Ambani

Tue, Jan 10, 2017

Mukesh Ambani, India's richest person, on Tuesday said his Reliance Industries will complete investment of Rs 1.25 lakh crore in refinery and petrochemical expansion projects in Gujarat by March, exceeding commitments made by Rs 10,000 crore.

Financial technology will be important for India's future: PM Modi

Financial technology will be important for India's future: PM Modi

Mon, Jan 09, 2017

Financial technology will be important for India's future, Bloomberg reported quoting Prime Minister Narendra Modi as saying on Monday while inaugurating India International Exchange at Gujarat International Finance Tec-City (GIFT) in Gandhinagar in Gujarat.

Demonetisation just a bump; India to maintain 7% GDP growth: Cisco

Demonetisation just a bump; India to maintain 7% GDP growth: Cisco

Mon, Jan 09, 2017

Describing demonetisation as only a "bump", Cisco Executive Chairman John Chambers on Monday said India is well-positioned to maintain gross domestic product (GDP) growth rate of over 7% for the next few years and it should be a "top ally" for the US in the Asia Pacific region.

Volkswagen to keep Mexico factories, executive says

Volkswagen to keep Mexico factories, executive says

Mon, Jan 09, 2017

The head of the Volkswagen (VW) brand of cars said his company would continue to manufacture in Mexico and pledged to produce electrified vehicles in the United States (US).

India to suffer damage due to US-China trade war: Assocham

India to suffer damage due to US-China trade war: Assocham

Sun, Jan 08, 2017

India may suffer collateral damage to its economy if it finds itself in the crossfire in the escalating trade war triggered by US President-elect Donald Trump with Mexico and China, industry chamber Assocham said on Sunday.

Global economy week ahead: Investors all ears as Trump set to break silence

Global economy week ahead: Investors all ears as Trump set to break silence

Sun, Jan 08, 2017

U.S. and Chinese data and an expected news conference by U.S. President-elect Donald Trump in the coming week may shed some light on the state of the world`s two biggest economies - and the outlook for relations between them.

US job growth slows, but wages rebound strongly

US job growth slows, but wages rebound strongly

Fri, Jan 06, 2017

US employment increased less than expected in December but a rebound in wages pointed to sustained labour market momentum that sets up the economy for stronger growth and further interest rate increases from the US Federal Reserve this year.

IT stocks slump 4% on concerns over H1-B visa

IT stocks slump 4% on concerns over H1-B visa

Fri, Jan 06, 2017

IT stocks fell as much as 4% on Friday amid concerns that a bill backing key changes in the H1-B Visa programme, that allows skilled workers from countries like India to fill high-tech jobs in the US, has been re-introduced in the US Congress.

Citi India reduces home loan rates by 0.7% to 8.80%; effective January 9

Citi India reduces home loan rates by 0.7% to 8.80%; effective January 9

Fri, Jan 06, 2017

In a bid to provide competitive housing loan interest rates to home buyers, Citi India announced revision of its home loan rate by 0.7% on Friday.

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