Business News

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Trump says he will have dinner with Apple CEO Cook on Friday

Trump told Cook that the U.S. government would not levy tariffs on Apple iPhones assembled in China.

Aug 11, 2018

By Reuters

IKEA opens store in India with shocking sales record in just 2 days

The Swedish furniture giant has opened its first store India at Hyderabad. The day-1 and day-2 sales are just mindblowing.

Aug 11, 2018

By Priyanka K

An oil tanker unloads crude oil at a crude oil terminal in Zhoushan, Zhejiang province, China July 4, 2018.

China move to drop crude off tariff list a relief for Sinopec

Dropping crude oil from the final tariff list on $16 billion in U.S. goods announced late on Wednesday.

Aug 10, 2018

By Reuters

Victoria's Secret opens first Southeast Asia flagship store in Singapore

Trade war threatens reign of luxury stocks

Some investors already put off by lofty valuations in a sector powered by shoppers in the two countries.

Aug 10, 2018

By Reuters

U.S. curbs on Russian banks would be act of economic war: PM

Medvedev said Moscow would take economic, political or other retaliatory measures against the United States if Washington targeted Russian banks.

Aug 10, 2018

By Reuters

Jet Airways' Naresh Goyal apologises to shareholders for losses and plummeting shares in glum Q1

Naresh Goyal, the chairman and founder, spoke to the company's shareholders during the annual general meeting and said that he was unhappy as a lot of shareholders had lost their money amid Jet Airways' financial issues.

Aug 10, 2018

By Vanilla Sharma

The new Samsung Galaxy Note 9 is seen during a product launch event in Brooklyn, New York, U.S., August 9, 2018

Samsung eyes young buyers with gaming, music-friendly Galaxy Note 9

Samsung's new focus marks a shift away from its previous positioning of the Note as a multi-tasking device popular with graphic designers and artists.

Aug 10, 2018

By Reuters

Samsung

Apple's mettle in India tested in squabble over anti-spam app

The app has been available on the Android store since 2016, but Apple in March told Reuters that TRAI's app "as envisioned violates the privacy policy of the App Store."

Aug 9, 2018

By Reuters

Japan says Mazda, Suzuki, Yamaha Motor carried out improper testing

The findings were the results of internal investigations ordered at Japanese automakers by the ministry after improper testing at Subaru Corp and Nissan Motor Co.

Aug 9, 2018

By Reuters

Trade tensions torpedo oil, U.S. sanctions hammer Russian rouble

China's state broadcaster said China must counteract U.S. tariffs and Beijing had the confidence to protect its own interests as well as the means to do so.

Aug 9, 2018

By Reuters

Japan's Orix in $2.2 billion deal with HNA for stake in aircraft lessor Avolon

Avolon is currently fully owned by Bohai Capital Holding Co. Ltd (000415.SZ), which is in turn controlled by HNA.

Aug 8, 2018

By Reuters

Why Facebook is seeking bank details of customers from major US banks?

Facebook might have clarified it has no intention of using the personal bank data for anything apart from offering a smooth banking experience via Messenger.

Aug 8, 2018

By Shweta Prabhu

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