Amazon joins Apple in the trillion-dollar club

For a short while Tuesday, Amazon joined Apple and hit a $1 trillion valuation. Indeed, it was less than a year ago in early October 2017 that Amazon shares first crossed the $1,000 mark. 'The difference between the two is that Amazon has room ... More..

by | Published more than a month ago
Amazon market value tops $1tn
by | Tuesday, September 04, 2018

Amazon market value tops $1tn

Apple was named as the first publicly listed U.S. company to be valued at $1,000,000,000,000 on August 2. It needed to reach $2,050.27 to cross the trillion-dollar threshold, based on the count of 487,741,189 s...More..

No increase in fuel prices for September
by | Tuesday, September 04, 2018

No increase in fuel prices for September

Diesel is being sold at Rs 71.15 in Delhi, Rs 74 in Kolkata, Rs 75.54 in Mumbai and Rs 75.19 in Chennai. As per sources, the fuel prices have increased by around Rs 5 per litre in the past 7 months. OPEC (Org...More..

China set to impose gaming curbs to save children’s eyesight
by | Monday, September 03, 2018

China set to impose gaming curbs to save children’s eyesight

The Chinese Government has announced plans to the approval of new games for release and the overall number of games available. Tencent Holdings Ltd.'s ( TCEHY ) share price closed down 4.87% in Hong Kong ...More..

President Trump threatens to withdraw United States from WTO
by | Monday, September 03, 2018

President Trump threatens to withdraw United States from WTO

By Benjamin Dressing It was announced this week that the USA and Mexico are very close to settling on the next version of their trade policy. In a breakthrough on Monday, the U.S. Sydney fell 0.5 percent, whi...More..

Chinese billionaire CEO Richard Liu arrested in United States, accused of sexual offence
by | Monday, September 03, 2018

Chinese billionaire CEO Richard Liu arrested in United States, accused of sexual offence

However Minneapolis Police Department spokesman John Elder said that an investigation was ongoing and declined to provide details of the arrest. Liu will continue his business trip as planned, the company sai...More..

by | Monday, September 03, 2018

CBOE might launch Ethereum futures this year, but ETH/USD bears unimpressed

With this, CBOE is expected to support its ETH futures on Gemini's underlying market. The exchange holding company previously based its Bitcoin futures on the Winklevoss's New York-based cryptocurren...More..

GDP growth accelerates to over 2-year high of 8.2% in Q1
by | Monday, September 03, 2018

GDP growth accelerates to over 2-year high of 8.2% in Q1

As India's GDP growth for the first quarter of 2018-19 accelerated to 8.2 per cent, former Finance Minister P. The growth is expected to be higher compared with the 13-quarter low of 5.6 percent for a yea...More..

Google's Secret Deal With Mastercard Tracks Offline Spending
by | Monday, September 03, 2018

Google's Secret Deal With Mastercard Tracks Offline Spending

The move is now raising privacy concerns about exactly how much information data technology companies like Google can tap into. Alphabet's Google and Mastercard brokered a business partnership during about ...More..

Russia's economy ministry: United States companies not to allow Trump to exit WTO
by | Monday, September 03, 2018

Russia's economy ministry: United States companies not to allow Trump to exit WTO

His trade envoy Robert Lighthizer has called the move to allow China into the WTO "a mistake" and accused the trade body's dispute settlement system of interfering with United States sovereignty. Worse, pro...More..

President Trump Cancels Pay Raise Due Federal Workers in January
by | Monday, September 03, 2018

President Trump Cancels Pay Raise Due Federal Workers in January

Trump also canceled "locality" pay increases - adjustments based on where an employee lives and separate from the across-the-board increase scheduled for 2019- that he said would average 25.7 percent and cost ...More..

British PM wraps up Africa tour with post-Brexit trade promises
by | Monday, September 03, 2018

British PM wraps up Africa tour with post-Brexit trade promises

Boris Johnson , the bicycle guy - Boris Johnson was here with ambulances, ' he stuttered. Johnson has been an outspoken advocate of cycling in London. "We are determined to work side by side with Nigeria to h...More..

Both sides claim Brexit progress but Irish border unresolved
by | Monday, September 03, 2018

Both sides claim Brexit progress but Irish border unresolved

The European Union's Michel Barnier says it's "possible" to get an agreement on Britain's withdrawal from the EU in time for a summit of the bloc's leaders in Brussels from October 18 to 19, but added that a ...More..

California goes tit for tat with FCC, passes state net neutrality bill
by | Sunday, September 02, 2018

California goes tit for tat with FCC, passes state net neutrality bill

Jerry Brown's desk in hopes that a signature will restore consumer protections that the Federal Communications Commission revoked in December. The legislation "requires publicly traded corporations to satisf...More..

Size Bugatti Chiron made from a million Legos ... and it actually drives
by | Saturday, September 01, 2018

Size Bugatti Chiron made from a million Legos ... and it actually drives

The carefully designed auto drives a just over 20km/h, a more sedate speed than the actual Bugatti Chiron's 420km/h - but it is impressive considering that the vehicle is powered by 2,304 Power Functions mo...More..

Donald Trump terminating NAFTA, negotiating with Canada
by | Saturday, September 01, 2018

Donald Trump terminating NAFTA, negotiating with Canada

The orange blob (our president) actually made it a point to say that the USA will only now start communicating with Canada about this new deal . Mexican Economy Minister Ildefonso Guajardo on why Canada sh...More..

Donald Trump's Canada Remarks Roil Trade Negotiations
by | Saturday, September 01, 2018

Donald Trump's Canada Remarks Roil Trade Negotiations

Officials had appeared to be on track to reach a deal that would rewrite the North American Free Trade Agreement, but in a weird twist, inflammatory comments from President Donald Trump angered Canadian off...More..

Beyer Rips Trump's Federal Pay Freeze
by | Friday, August 31, 2018

Beyer Rips Trump's Federal Pay Freeze

In a letter to Speaker of the House Paul Ryan, Trump said he is zeroing out both across-the-board pay increases as well as locality pay raises that are based on where federal employees live, which were set to g...More..

Coca-Cola to buy United Kingdom coffee chain Costa for $5.1B
by | Friday, August 31, 2018

Coca-Cola to buy United Kingdom coffee chain Costa for $5.1B

Whitbread, which had been in the process of demerging its coffee business from its hotel chain, acquired Costa in 1995 for 19 million pounds when it had only 39 shops. The deal, worth £3.9bn, has been unanimous...More..

JetBlue increases fees for checked bags
by | Thursday, August 30, 2018

JetBlue increases fees for checked bags

Now the latest round of baggage fee increases will no doubt offset rising fuel costs too. Approved carry-on bags and one personal item are still free. "As a matter of good business, we routinely review and ad...More..

TPG Telecom, Vodafone Hutchison Australia merge to battle Singtel's Optus, Telstra
by | Thursday, August 30, 2018

TPG Telecom, Vodafone Hutchison Australia merge to battle Singtel's Optus, Telstra

The merger will also bulk up Vodafone's 156 MHz of mobile spectrum with TPG's little-used 40 MHz slice, bringing it close to Telstra's 217 MHz (Optus is far out in front of the mobile market in spectrum holding...More..

Indians turned in nearly all the currency notes banned in 2016: RBI
by | Thursday, August 30, 2018

Indians turned in nearly all the currency notes banned in 2016: RBI

However, data from the central bank's annual report on Wednesday showed 15.3 trillion rupees, or 99.3 percent, of the banknotes were returned, suggesting there was hardly any unaccounted wealth held in cash. Th...More..

Elon Musk seems to revive 'pedo' claims against Thai cave rescue diver
by | Thursday, August 30, 2018

Elon Musk seems to revive 'pedo' claims against Thai cave rescue diver

The Tesla boss launched an astonishing attack on Unsworth in July after the acclaimed British diver dismissed a mini-submarine Musk's team built for the rescue effort as a " PR stunt ". The agency is reported...More..

US Government reacts to Trump calling Buhari
by | Thursday, August 30, 2018

US Government reacts to Trump calling Buhari "Lifeless"

The prime minister will also see British troops in training action and tour a business school, before concluding the trip at a state dinner hosted by Kenyatta. As Africa seeks to meet the needs of its growing p...More..

Toyota pours $500M into self-driving cars tieup with Uber
by | Wednesday, August 29, 2018

Toyota pours $500M into self-driving cars tieup with Uber

It will feature both Uber's autonomous driving system and the Toyota Guardian automated safety support system. A person briefed on the matter says Toyota will invest $500 million in ride-hailing service Uber,...More..

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