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To soften Covid-19 blow, India plans to extend MGNREGA to the cities

The program, when approved, may be rolled out in smaller cities and initially cost about 350 billion rupees ($4.8 billion), said Sanjay Kumar, a joint secretary

To soften Covid-19 blow, India plans to extend MGNREGA to the cities
Updated On : 02 Sep 2020 | 11:29 AM IST

Won't let Australians share news, threatens FB, sends warning to the world

The Australian government has drafted legislation to force the US tech giant and Google to compensate publishers for the value their stories generate for the platforms

Won't let Australians share news, threatens FB, sends warning to the world
Updated On : 02 Sep 2020 | 7:21 AM IST

Ford Motor to cut 1,000 North American salaried jobs amid overhaul

The job cuts are aimed at improving the automaker's efficiency and are not related to rising costs from the coronavirus pandemic, said people familiar with the action

Ford Motor to cut 1,000 North American salaried jobs amid overhaul
Updated On : 02 Sep 2020 | 2:29 AM IST

Malaysia restricts entry of Indian, Philippine citizens amid Covid-19

The restrictions will affect those with long-term passes, students, expatriates, permanent residents as well as family members of Malaysians, Defense Minister Ismail Sabri Yaakob told reporters

Malaysia restricts entry of Indian, Philippine citizens amid Covid-19
Updated On : 02 Sep 2020 | 2:25 AM IST

Nippon Kayaku replaced by SoftBank Corp in Nikkei 225 Stock Average

The change will take effect Oct. 1. The replacement is part of an annual review, with NGK Spark Plug Co. displacing Nippon Sheet Glass Co. in the Nikkei 300, according to the announcement

Nippon Kayaku replaced by SoftBank Corp in Nikkei 225 Stock Average
Updated On : 02 Sep 2020 | 2:14 AM IST

Euro-area inflation rate goes negative for first time since 2016

The inflation rate came in at -0.2%, missing economists' median estimate for a reading of +0.2%. Core inflation hit a record low

Euro-area inflation rate goes negative for first time since 2016
Updated On : 02 Sep 2020 | 2:08 AM IST

McDonald's faces discrimination suit by 52 black former franchisees

The 52 franchisees are seeking as much as $5 million in damages for each of the more than 200 stores that they operated

McDonald's faces discrimination suit by 52 black former franchisees
Updated On : 02 Sep 2020 | 1:58 AM IST

Can block, take down content even if it isn't illegal, says Facebook

Updates terms of service to avoid regulatory impact on the company

Can block, take down content even if it isn't illegal, says Facebook
Updated On : 02 Sep 2020 | 1:47 AM IST

JPMorgan says investors should prepare for rising odds of Donald Trump win

People giving inaccurate answers could artificially skew polls in favour of Biden by 5-6%

JPMorgan says investors should prepare for rising odds of Donald Trump win
Updated On : 02 Sep 2020 | 1:43 AM IST

Slowdown: India's Gen Z risks getting left out of formal jobs, says study

Prime Minister Narendra Modi imposed one of the world's most restrictive lockdowns from March 25, leading to a loss of about 122 million jobs

Slowdown: India's Gen Z risks getting left out of formal jobs, says study
Updated On : 01 Sep 2020 | 1:09 PM IST

You think FAANG is distorting the S&P? Consider Alibaba, Tencent, Meituan

In China, however, the competitive landscape is a lot murkier. Alibaba continues to face fierce competition from JD.com Inc. and Pinduoduo Inc

You think FAANG is distorting the S&P? Consider Alibaba, Tencent, Meituan
Updated On : 01 Sep 2020 | 1:06 PM IST

Ladakh standoff: Latest India-China border row points to long-term conflict

The defense ministry in New Delhi said on Monday its soldiers were able to stop a push by Chinese troops to claim more ground late Saturday in violation of existing agreements

Ladakh standoff: Latest India-China border row points to long-term conflict
Updated On : 01 Sep 2020 | 1:06 PM IST

Economic contraction: India paid the price of lockdown for little reward

The country reported Monday its worst slump since quarterly numbers began publication in 1996: Gross domestic product shrank 23.9% in April to June

Economic contraction: India paid the price of lockdown for little reward
Updated On : 01 Sep 2020 | 12:53 PM IST

Sudan govt signs historic peace deal with rebel groups, says report

The agreement inked Monday with five rebel groups paves the way to fold insurgents into the army and grant them government roles

Sudan govt signs historic peace deal with rebel groups, says report
Updated On : 01 Sep 2020 | 2:28 AM IST

Wirecard AG inquiry probes why Germany missed fraud of century

If the closed-door hearings go badly, parliament may trigger a deeper investigation as the country prepares for the post-Merkel era with an election due next year

Wirecard AG inquiry probes why Germany missed fraud of century
Updated On : 01 Sep 2020 | 2:19 AM IST

Emirates gets $2-billion injection from Dubai amid Covid-19 pandemic

Emirates was particularly hard hit by the pandemic because its business model is built around the biggest category of jets -- Airbus SE A380s and Boeing Co. 777s

Emirates gets $2-billion injection from Dubai amid Covid-19 pandemic
Updated On : 01 Sep 2020 | 2:14 AM IST

Lebanon establishment tasks Mustapha Adib with forming new govt

Mustapha Adib, an academic and Lebanon's ambassador to Germany, has received 90 nominations from parliamentarians so far

Lebanon establishment tasks Mustapha Adib with forming new govt
Updated On : 01 Sep 2020 | 2:01 AM IST

Israel eyes $6.5 billion in annual bilateral trade as UAE peace talks begin

Israel's Finance Ministry sees potential for annual bilateral trade starting at $2 billion and building up to $6.5 billion once cooperation matures

Israel eyes $6.5 billion in annual bilateral trade as UAE peace talks begin
Updated On : 01 Sep 2020 | 1:56 AM IST

Credit Suisse Group plans to double headcount in China in 5 years

Credit Suisse will add to its China workforce as it targets a 100 per cent increase in revenue there

Credit Suisse Group plans to double headcount in China in 5 years
Updated On : 01 Sep 2020 | 1:52 AM IST

Australian journalist and television anchor Cheng Lei detained in China

Cheng has not been charged, according to the ABC, but is being held in detention under a 'residential surveillance at a designated location.'

Australian journalist and television anchor Cheng Lei detained in China
Updated On : 01 Sep 2020 | 1:47 AM IST