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Disney shares Fall over 3% after doubling park spending to $60 billion

Disney said it has seen record growth in customer spending at parks over past two years, and significant decrease in number of tickets it sells at a discount, compared with before pandemic

Disney shares Fall over 3% after doubling park spending to $60 billion
Updated On : 20 Sep 2023 | 10:32 PM IST

Amazon develops version of cashierless technology for clothing stores

The retail and cloud-computing giant on Tuesday said the latest iteration of its Just Walk Out technology uses radio frequency identification, or RFID, tags to keep track of apparel

Amazon develops version of cashierless technology for clothing stores
Updated On : 19 Sep 2023 | 8:24 PM IST

How India and Canada's relations crumbled after killing of Sikh leader

On June 18, unknown assailants shot and killed Hardeep Singh Nijjar, who supported the formation of an independent homeland - known as Khalistan - for Sikhs in northern India

How India and Canada's relations crumbled after killing of Sikh leader
Updated On : 19 Sep 2023 | 2:24 PM IST

Toyota Motor keeps up the push to prove it can embrace new technology

The world's largest carmaker invited a clutch of journalists on a tour of three factories in Aichi prefecture, near its headquarters in the city of Toyota, last week for another peek

Toyota Motor keeps up the push to prove it can embrace new technology
Updated On : 19 Sep 2023 | 7:49 AM IST

Morgan Stanley sued for $750 million by private equity firms claiming fraud

Morgan Stanley said in a statement, "The Firm does not believe the claims have merit and will defend itself vigorously."

Morgan Stanley sued for $750 million by private equity firms claiming fraud
Updated On : 19 Sep 2023 | 7:37 AM IST

Microsoft facing formal European Union complaint over Teams Video App

The European Commission is preparing a statement of objections to send to the company, which could come in the next few months, the people said

Microsoft facing formal European Union complaint over Teams Video App
Updated On : 19 Sep 2023 | 12:38 AM IST

Cut spend by 8%, build wall to avert October 1 shutdown: Kevin McCarthy

McCarthy immediately faced opposition from some GOP ultra-conservatives that could doom the plan

Cut spend by 8%, build wall to avert October 1 shutdown: Kevin McCarthy
Updated On : 19 Sep 2023 | 12:20 AM IST

JPMorgan sees India's share sale boom reaching $30 billion in 2024

Sales of additional shares in listed companies in the country have surpassed $10 billion this year, more than the tally for all of 2022, according to data compiled by Bloomberg

JPMorgan sees India's share sale boom reaching $30 billion in 2024
Updated On : 18 Sep 2023 | 10:04 PM IST

Ebanx to integrate India's UPI payments later this year, US IPO in works

Since its founding in 2012, Curitiba-based Ebanx has focused on cross-border transactions for clients like Spotify Technology SA, Airbnb Inc. and Alibaba Group Holding Ltd

Ebanx to integrate India's UPI payments later this year, US IPO in works
Updated On : 18 Sep 2023 | 7:45 PM IST

Disney India's streaming, TV biz sale talks draw firms including Reliance

Though Disney Star has seen declining subscriber numbers after losing the IPL streaming rights, it hasn't ceded the entire cricket business, securing the television rights through 2027

Disney India's streaming, TV biz sale talks draw firms including Reliance
Updated On : 18 Sep 2023 | 5:32 PM IST

Thailand eyes India to boost tourism recovery after waiving visa for China

Thailand PM Srettha said he plans to make a trip to India this year to meet his counterpart Narendra Modi and discuss increasing flight frequency between the two countries

Thailand eyes India to boost tourism recovery after waiving visa for China
Updated On : 18 Sep 2023 | 4:22 PM IST

Thailand eyes India to boost tourism recovery after waiving visa for China

Thailand may also mull other measures to boost Indian tourist arrivals, such as offering tax exemptions on jewelry imported for Indian weddings held in Thailand

Thailand eyes India to boost tourism recovery after waiving visa for China
Updated On : 18 Sep 2023 | 1:05 PM IST

Xi's security obsession turns ordinary Chinese citizens into spy hunters

As President Xi Jinping throws up a forcefield of security controls to repel perceived foreign threats to Communist Party rule, Beijing's message to the public is spooks are everywhere

Xi's security obsession turns ordinary Chinese citizens into spy hunters
Updated On : 18 Sep 2023 | 9:38 AM IST

How can you spot greenwashing in advertisements, product packaging?

Broadly speaking, it's when companies questionably claim environmental bona fides to attract more business or draw less scrutiny

How can you spot greenwashing in advertisements, product packaging?
Updated On : 18 Sep 2023 | 9:25 AM IST

Stocks euphoria in Indian market draws warning from top-performing fund

The chief investment officer at Nippon Life India Asset Management Ltd. says it's increasingly difficult to find opportunities in the $3.8 trillion market, where benchmarks have just hit record highs

Stocks euphoria in Indian market draws warning from top-performing fund
Updated On : 18 Sep 2023 | 9:23 AM IST

China's short-term economic prospects doesn't mean it is out of the woods

A healthy Chinese economy is a prerequisite for a solid and durable world expansion. Better a month of reasonably good data than another installment of doom and gloom

China's short-term economic prospects doesn't mean it is out of the woods
Updated On : 18 Sep 2023 | 9:13 AM IST

Global banks expand maternity benefits to retain women employees in India

India already mandates a minimum 26 weeks of maternity leave at full pay - among the most in the Group of 20 economies, according to the World Bank's Gender Data Portal

Global banks expand maternity benefits to retain women employees in India
Updated On : 18 Sep 2023 | 7:59 AM IST

Nearing $20 bn: Cocaine set to beat oil to be Colombia's main export

"From a purely economic standpoint, higher cocaine production and exports have supported short-term activity, domestic demand and external accounts," Bloomberg economist Felpi Hernandez said

Nearing $20 bn: Cocaine set to beat oil to be Colombia's main export
Updated On : 17 Sep 2023 | 11:10 PM IST

World's oil refiners are struggling to make enough diesel: Here's why

While oil futures are rocketing - on Friday they were just below $95 a barrel in London - the rally pales in comparison with the surge in diesel

World's oil refiners are struggling to make enough diesel: Here's why
Updated On : 17 Sep 2023 | 11:00 PM IST

France govt plans to allow selling fuel at loss to curb inflation

"With this unprecedented measure, we will get tangible results for French people without subsidizing fuel," Borne said. She ruled out the government cutting fuel duties

France govt plans to allow selling fuel at loss to curb inflation
Updated On : 17 Sep 2023 | 10:18 PM IST