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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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Microsoft, Facebook to build transatlantic subsea cable from US to south Europe

Microsoft, Facebook to build transatlantic subsea cable from US to south Europe

Fri, May 27, 2016

The 6,600 km cable, the first to connect the United States with southern Europe, will be operated and managed by Telefonica SA's telecoms infrastructure unit Telxius

Reliance Industries leads the pack of 56 Indian firms in Forbes list

Reliance Industries leads the pack of 56 Indian firms in Forbes list

Thu, May 26, 2016

Mukesh Ambani-led Reliance Industries leads the pack of 56 Indian firms in Forbes' annual list of the world's 2,000 largest and most powerful public companies, with the US leading the list with 586 companies.

PM Modi hopeful about passage of GST bill in 2016

PM Modi hopeful about passage of GST bill in 2016

Thu, May 26, 2016

Expecting the long-pending GST bill to get passed this year, Prime Minister Narendra Modi has said any efforts to amend this law at central level are "over now" and it is up to individual states to pursue any changes.

Rupee gains 4 paise against dollar in early trade

Rupee gains 4 paise against dollar in early trade

Thu, May 26, 2016

Forex dealers said weakness in the US dollar against other currencies overseas supported the rupee.

Monsanto to reject $62 billion Bayer bid, seek higher price: Sources

Monsanto to reject $62 billion Bayer bid, seek higher price: Sources

Tue, May 24, 2016

Monsanto Co will reject Bayer AG`s $62 billion acquisition bid and seek a higher price, two people familiar with the matter said on Tuesday.

Nokia likely to cut 10,000 to 15,000 jobs worldwide: Union

Nokia likely to cut 10,000 to 15,000 jobs worldwide: Union

Tue, May 24, 2016

Nokia kicked off the programme in April with a target to slash 900 million euros (nearly $1 billion or Rs 6,652.8 crore) of operating costs by 2018, but it has yet to give a figure for how many jobs will be reduced in total.

Oil prices little changed as dollar gains, US drawdown seen

Oil prices little changed as dollar gains, US drawdown seen

Tue, May 24, 2016

The US commercial crude oil stocks fell by around 2.5 million barrels to 538.8 million in the week ended May 20, a preliminary Reuters analysts' poll taken ahead of weekly industry and official inventory data showed on Monday.

German pharma firm Bayer announces $62 billion offer for Monsanto

German pharma firm Bayer announces $62 billion offer for Monsanto

Mon, May 23, 2016

Bayer said on Monday that the offer represented a 37% premium over the closing price of Monsanto shares on May 9, before rumours of a planned bid emerged.

Asian oil prices slip on strong dollar, firm global supplies

Asian oil prices slip on strong dollar, firm global supplies

Mon, May 23, 2016

In a further sign of abundant supply, the number of rigs operated by US drillers was steady last week for the first time this year.

Oil hits 2016 peaks on fading supply glut fears

Oil hits 2016 peaks on fading supply glut fears

Sat, May 21, 2016

"Production outages in Canada and Nigeria continue to support prices," wrote Capital Economics analysts Caroline Bain and Julian Jessop in a research note.

Lupin's Q4 net profit up nearly 48%, stock up 1.42%

Lupin's Q4 net profit up nearly 48%, stock up 1.42%

Thu, May 19, 2016

The company's net profit during the quarter was up by 47.55% to Rs 8,071 million as against Rs 5,470 million in the same period of the previous fiscal, Lupin said in a filing to the Bombay Stock Exchange (BSE) on Thursday.

Asian stocks edge down, take cue from Wall Street

Asian stocks edge down, take cue from Wall Street

Thu, May 12, 2016

MSCI's broadest index of Asia-Pacific shares outside Japan fell 0.2% in early trading, in the wake of the worst day for the US share markets since February, following downbeat quarterly retail reports.

Oil rises on outages; API reports big US crude build

Oil rises on outages; API reports big US crude build

Wed, May 11, 2016

The market pared gains briefly in post-settlement trade after the American Petroleum Institute (API), an industry group, said the US crude inventories rose by 3.45 million barrels to record highs of 543.1 million during the week ended May 6.

Won't accept UN court verdict on South China Sea, says China

Won't accept UN court verdict on South China Sea, says China

Fri, May 06, 2016

China on Friday said it will continue to exercise its sovereignty over the South China Sea regardless of the outcome of the ongoing case in a UN-appointed tribunal, which is widely expected to deliver its verdict favouring the Philippines.

Amazon's business marketplace generates $1 billion in sales in one year

Amazon's business marketplace generates $1 billion in sales in one year

Fri, May 06, 2016

The business marketplace, which Amazon has described as one of its important areas for growth, extends its role as a middleman for third-party vendors.

Uber to pay $2,25,000 in lawsuit over discrimination against blind riders in US

Uber to pay $2,25,000 in lawsuit over discrimination against blind riders in US

Sun, May 01, 2016

The settlement also requires Uber to notify drivers that they must provide transport to customers with service animals

Oil prices end slightly lower on profit-taking after solid gains

Oil prices end slightly lower on profit-taking after solid gains

Sat, Apr 30, 2016

The US oil surged about 20% in April, the largest monthly gain in a year, helped by a weaker US dollar and reduced US crude output.

India needs to seal FTA with EU even if it has to compromise: Amitabh Kant

India needs to seal FTA with EU even if it has to compromise: Amitabh Kant

Fri, Apr 29, 2016

"It is better to compromise on wine and cheese and on large vehicles to push for our apparel exports with Europe so that we can penetrate these global markets because this is one sector which will enable us to create large-scale jobs," said Niti Aayog CEO Amitabh Kant.

US House speaker invites PM Narendra Modi to address Congress meeting

US House speaker invites PM Narendra Modi to address Congress meeting

Fri, Apr 29, 2016

Modi will be the fifth Indian Prime Minister to visit Congress, and is the first announced foreign leader to address a joint convening of the House and Senate under Ryan's speakership, according to news report by the news channel.

Sensex falls 56 points as May derivative series starts on negative note

Sensex falls 56 points as May derivative series starts on negative note

Fri, Apr 29, 2016

The BSE Sensex fell about 56 points to trade at 25,547.45 in early trade on Friday on continued selling by participants as the May derivatives series began on a negative note amid a weak trend in the global market.

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