Amazon India unveils Hindi website, app to take on Flipkart

This new language support signifies the importance of the Indian market and its large pool of customers to the e-commerce. If the Hindi versions of its site and apps are successful, Amazon plans to quickly add options to shop in other major I... More..

by | Published more than a month ago
by | Wednesday, September 05, 2018

McDonald's customers create fake poster to hang in restaurant promoting racial diversity

This week, they finally showed the world their culture-jamming masterpiece-an image of themselves eating beneath a poster of themselves eating, as though they'd always been at this McDonald's, a couple of non-i...More..

Explainer: What does the recession mean for South Africa?
by | Wednesday, September 05, 2018

Explainer: What does the recession mean for South Africa?

The ANC has called for a collective action in pursuit of economic growth and job creation to help avoid full blown recession. He says government's confident it can turn the situation around. Africa's most dev...More..

Iran moving main oil export terminal out of Gulf
by | Wednesday, September 05, 2018

Iran moving main oil export terminal out of Gulf

U.S. light crude traded at $70.60 a barrel by 7.45am GMT, up 80c from its close on August 31. Investors are looking ahead to later this year when USA sanctions are expected to curb exports from Iran, the thir...More..

by | Wednesday, September 05, 2018

Nene: South Africans must not panic over slide into recession

A recession is widely defined as two or more consecutive quarters of contraction. Massive declines in the agricultural, transport and retail sectors have dragged the South African economy into recession after...More..

Amazon is now a $1 trillion company
by | Wednesday, September 05, 2018

Amazon is now a $1 trillion company

According to the World's Billionaires list from Forbes , which tracks the net worth of billionaires in real time based on stock market fluctuations, Bezos added as much as $2 billion to his fortune on Tues...More..

Amazon becomes world's second $1tn company
by | Tuesday, September 04, 2018

Amazon becomes world's second $1tn company

As soon as one company has reached that $1 trillion mark, you know it won't be long until another follows in suit - only weeks after it happened for Apple, Amazon has joined the ranks in the "trillion-dollar cl...More..

Turkish lira further weakens, nearing record low - 8/30/2018 8:48:22 AM
by | Tuesday, September 04, 2018

Turkish lira further weakens, nearing record low - 8/30/2018 8:48:22 AM

Analysts say a hike is needed to stop the lira crisis but Erdogan, who once called interest rates "tool of exploitation", is opposed to any such move not to undermine growth. Senior sources in the Central Bank...More..

by | Tuesday, September 04, 2018

Oil prices jump as Gulf of Mexico rigs evacuated

US President Donald Trump in May pulled out of a 2015 nuclear deal with Iran and last month began reimposing sanctions that block other countries from trading with Iran. Iran may resort to various ways of reduc...More..

NITI Aayog vice-chairman blames Raghuram Rajan for economy slowdown
by | Tuesday, September 04, 2018

NITI Aayog vice-chairman blames Raghuram Rajan for economy slowdown

Comparing the values of NPAs during the UPA and NDA's term, he said NPAs were only Rs 2,83,000 crore which were controllable but after 4 years i.e. when BJP is in power, the NPAs are touching Rs 12 lakh crore...More..

Brexit feud between May and Johnson
by | Tuesday, September 04, 2018

Brexit feud between May and Johnson

Stephen Gethins MP, SNP Europe spokesman at Westminster, said: "As the deeply damaging consequences of a 'no deal" Brexit become clearer, as Scotland's economy continues to outperform the United Kingdom and a...More..

Sasol ready for Solidarity's 'clever strike'
by | Tuesday, September 04, 2018

Sasol ready for Solidarity's 'clever strike'

According to Solidarity's chief executive, Dirk Hermann, the strike action is a result of a newly introduced 10-year staff share scheme, Khanyisa, which excludes white workers and foreign nationals. Solidarit...More..

Australian Instagram influencer Sinead McNamara found dead on billionaire’s yacht in Greece
by | Monday, September 03, 2018

Australian Instagram influencer Sinead McNamara found dead on billionaire’s yacht in Greece

The young Australian woman who died mysteriously onboard a super yacht in the Greek Islands was on the final day of her job as part of the yacht's crew. She traveled to Greece to pursue career opportunities...More..

Petrol, diesel prices at highest-ever levels on rupee woes
by | Monday, September 03, 2018

Petrol, diesel prices at highest-ever levels on rupee woes

In Chennai, the price is Rs 75.19 litre and Rs 74 per litre in Kolkata, according to daily price notification issued by state-owned oil firms . In Mumbai petrol touched Rs 86.56 per litre while diesel increase...More..

John McCain’s Funeral: Barack Obama Blasts Donald Trump’s ‘Bombast & Phony’ Controversies
by | Monday, September 03, 2018

John McCain’s Funeral: Barack Obama Blasts Donald Trump’s ‘Bombast & Phony’ Controversies

Trump and McCain were at odds during the 2016 campaign and for much of Trump's presidency. " John's voice will always come as a whisper over our shoulder - we are better than this, America is better than thi...More..

Europe's biggest coffee chain Costa bought by Coca-Cola in £4 billion deal
by | Monday, September 03, 2018

Europe's biggest coffee chain Costa bought by Coca-Cola in £4 billion deal

Whitbread had acquired Costa in 1995 and it said that it was planning to use the money from this sale of the coffee chain to Coke to expand its other major brand, the Premier Inn hotel chain. The deal was coden...More..

JD.com head Liu briefly held in U.S. for sexual misconduct
by | Monday, September 03, 2018

JD.com head Liu briefly held in U.S. for sexual misconduct

The businessman has been released pending complaint. Later Sunday, Elder confirmed Liu was released from custody around 4 p.m. Saturday. Minneapolis police said they were releasing no further information on...More..

California net neutrality bill clears key hurdle
by | Monday, September 03, 2018

California net neutrality bill clears key hurdle

Without strong rules, say companies such as Eventbrite and Vimeo, internet providers could engage in anticompetitive behavior that harms smaller online companies, reducing consumer choices. Santiago, who stee...More..

Trade uncertainties bog down Wall Street, Apple offers some relief
by | Monday, September 03, 2018

Trade uncertainties bog down Wall Street, Apple offers some relief

The U.S. and Canada were unable to reach an agreement by Friday with the U.S. and Mexico agreement announced earlier in the week. Trade talks between Canada and the United States had yet to clear some remaini...More..

Cboe to Launch Ethereum Futures Before the End of 2018
by | Monday, September 03, 2018

Cboe to Launch Ethereum Futures Before the End of 2018

If this is true, it could mean a lot for Ethereum . Cboe Global Markets is approaching with fast steps to the launch of Ether futures. As Cboe's bitcoin futures were based on the NY crypto-exchange run...More..

President Kenyatta criticises Theresa May's 'rushed and belated' Africa visit
by | Sunday, September 02, 2018

President Kenyatta criticises Theresa May's 'rushed and belated' Africa visit

The pact was signed during a meeting between President Kenyatta and UK Prime Minister Theresa May , who is on a one-day visit to Kenya. During a visit to Nigeria, May announced a new plan to support victims ...More..

Bird scooters make landing near Oceanfront, city leaders didn't grant permit
by | Sunday, September 02, 2018

Bird scooters make landing near Oceanfront, city leaders didn't grant permit

People ride shared electric scooters in Santa Monica on July 13, 2018. Neither has the company secured a business license to operate in the city. Dockless electric scooters have been in controversy in the pas...More..

Trump Trade War Toll: Ford Focus Crossover Wrecked For U.S. Consumers
by | Sunday, September 02, 2018

Trump Trade War Toll: Ford Focus Crossover Wrecked For U.S. Consumers

The company decided it wasn't worth investing more money in a vehicle that would have had fewer than 50 ,000 unit sales a year in the United States. which had asked for an exemption from the tariffs for its ...More..

Sterling soars after EU's Barnier opens door to softer Brexit
by | Sunday, September 02, 2018

Sterling soars after EU's Barnier opens door to softer Brexit

With seven months to go until Britain leaves, the government has been ramping up its no-deal preparations, and negotiators on both sides increasingly expect an informal October deadline for reaching an agreemen...More..

3m Crossrail opening delayed by nine months
by | Sunday, September 02, 2018

3m Crossrail opening delayed by nine months

ExCeL London acting CEO Jeremy Rees has expressed his disappointment about the delay to the opening of the new Elizabeth Line (previously known as Crossrail). Crossrail, the organisation in charge of building...More..

CMA provisionally clears SSE and Npower merger
by | Sunday, September 02, 2018

CMA provisionally clears SSE and Npower merger

Britain's competition regulator has given its provisional approval to the merger between the retail power units of SSE SSE.L and Innogy's IGY.DE Npower, judging the two groups do not compete heavily on stan...More..

New trade deal a win-win for Indonesia and Australia, says PM
by | Sunday, September 02, 2018

New trade deal a win-win for Indonesia and Australia, says PM

Sofyan Wanandi, a senior official in the office of Indonesian Vice President Jusuf Kalla, told Fairfax Media the finalisation of the free trade agreement was "very good news for both countries". The Australia I...More..

Japan's Panasonic to move European headquarters to Amsterdam in October: Nikkei
by | Sunday, September 02, 2018

Japan's Panasonic to move European headquarters to Amsterdam in October: Nikkei

Panasonic, the £55 billion ($71 billion) Japanese electronics giant, has announced plans to move its European headquarters out of the United Kingdom as Brexit uncertainty continues to weigh on the minds of majo...More..

by | Sunday, September 02, 2018

Trump says Canada "will be out" of trade deal unless it’s "fair"

U.S. and Canadian negotiators worked throughout the week on adding Canada to Friday's notice, but the negotiations failed to produce an agreement ahead of Mr Trump's own Friday deadline. Trump is not", he said ...More..

Donald Trump Scraps Federal Employees' Planned Pay Raise, Calls It 'Inappropriate'
by | Sunday, September 02, 2018

Donald Trump Scraps Federal Employees' Planned Pay Raise, Calls It 'Inappropriate'

Meanwhile, the largest union representing government workers is rejecting the move to eliminate the pay increase for fiscal 2019 and calling for Congress to follow the Senate's lead. Why it does matter: This b...More..