Finance

Intel boss Brian Krzanich ousted for violating 'fraternisation policy'

The Intel board said it accepted Krzanich's resignation, noting all employees are expected to respect Intel's values and code of conduct. Krzanich start...


The 2019 Volvo S60 Sedan

Some of the US -built cars will be exported to markets outside the United States, Volvo executives said. In a move away from other saloons on the market, Volvo ...


Germany tells Trump to stop lying about their crime rate

So Seehofer "graciously" gave her two more weeks, upon which Merkel stated that if her minister acted unilaterally, she would tell him where to get off. "It i...


China hits back at Pompeo; accuses United States of blackmail tactics

In an editorial, the English language China Daily, often used by Beijing to get its message out to the rest of the world, said the United States had failed to h...


Head of VW's Audi arrested in Germany over 'dieselgate'

And The Associated Press reports that Stadler, who has spent almost 30 years working for Audi, is under investigation for "fraud and indirect improprieties with...


Trump's policies have caused high oil prices

A senior Iranian official said on Wednesday that Opec should maintain its existing deal to cut oil supply until the end of 2018, maintaining Iran's opposition...


Telstra hit by another mobile outage

Australian mobile customers have been dealt another blow with reports the company is facing another wide-sweeping outage. "There was a vendor platform issue t...


European Union to begin counter trade tariffs against United States on Friday

The EU tit-for-tat tariffs will hit about 200 US products that include steel and aluminum, corn, rice, orange juice, cigarettes, peanuts, cigars, T-shirts, cosm...


Silicon Valley couple raises millions to reunite immigrant families

With that, the next day she and her husband set out to help change the circumstances of the almost 2,000 immigrant children who have been separated from their...


European Union says retaliatory tariffs on U.S. to kick in Friday

The European Union has announced a new range of retaliatory tariffs against the United States, in response to the us revoking the EU's exemption from steel an...


What Amazon’s ‘Alexa For Hospitality’ Means For Hotels, Guests, And Marketers

Amazon said data from hotel guests will be deleted daily, and Marriott said those who don't want an Echo device in their room can ask to have it removed....


Starbucks announces it's closing 150 stores in 2019

It says it generally averages closing up to 50 stores a year. "We must move faster to address the more rapidly changing preferences and needs of our customers"....


CEA Arvind Subramanian has resigned, to return to U.S.: Jaitley

Speaking to reporters, the CEA said that 'it has been the best job I ever had or will ever have. The minister, however, did not say as to when Subramanian wil...


Trump tariffs: Markets fall as trade war fears mount

Targeting petroleum puts US President Donald Trump administration's "energy dominance" agenda in Beijing's cross hairs as US shale has grabbed share from Mi...


Disney increases bid for Murdoch's Fox assets

Disney ( DIS ) had initially bid $52.4 billion for Fox in December. But it comes with one key change created to stave off Comcast's all-cash offer: a provision ...


South Korea's Bithumb loses $32 million in digital money heist, bitcoin falls

The company said it would compensate customers for all lost assets. Enthusiasm for virtual currencies has waned this year partly due to a string of cyber heis...


Telstra to axe 8000 jobs in company restructure

The announcement comes less than a month after Telstra warned that its 2017/18 earnings will likely be at the bottom of its guidance range of $10.1 billion to...


Australian telecom giant Telstra to axe 8,000 jobs

Telstra will cut 8,000 jobs to "simplify its operations and product set" as part of a $1billion cost-cutting plan. "In the future, our workforce will be a sm...


Rats nibble cash worth Rs 12 lakh inside Assam's Tinsukia ATM

To get the machine repaired, the authorities had brought in ATM engineers from Kolkata and they found the currency notes shredded into pieces on Sunday when the...


Microsoft employees demand cancellation of contracts with ICE

In its statement , Microsoft noted that it is not directly working with ICE or U.S. Customs and Border Protection on these immigration policies and is "not...