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Reuters

Reuters

Reuters

The news and media division of Thomson Reuters is one of the world's largest international multimedia news providers

The news and media division of Thomson Reuters is one of the world's largest international multimedia news providers

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Trump raises questions about TikTok-Oracle deal if ByteDance ties remain

Trump had previously threatened to ban the app unless its US operations were sold to a US company and the US government received a share of the proceeds

Trump raises questions about TikTok-Oracle deal if ByteDance ties remain
Updated On : 18 Sep 2020 | 1:50 AM IST

Asian airlines turn to 'flights to nowhere' to get travellers back in skies

Tough border restrictions to keep the coronavirus under control have led to a 97.5% plunge in international travel in the region, according to the Association of Asia Pacific Airlines

Asian airlines turn to 'flights to nowhere' to get travellers back in skies
Updated On : 17 Sep 2020 | 9:44 AM IST

Huawei smartphone prices soar up in China on fears of chip shortage

By David KirtonThe Porsche design model of Huawei's flagship Mate 30 was selling for 14,000 yuan ($2,067), from 10,000 yuan in January, one vendor said

Huawei smartphone prices soar up in China on fears of chip shortage
Updated On : 17 Sep 2020 | 9:43 AM IST

Oil steady as demand worries revive, crews return to US Gulf rigs

rent crude futures gained 5 cents, or 0.1%, to $42.27 a barrel, after climbing 4.2% on Wednesday

Oil steady as demand worries revive, crews return to US Gulf rigs
Updated On : 17 Sep 2020 | 9:15 AM IST

Electric vehicle charge network ChargePoint nears deal to go public: Report

The deal for ChargePoint could value the company at more than $2 billion and be announced as early as next week

Electric vehicle charge network ChargePoint nears deal to go public: Report
Updated On : 17 Sep 2020 | 8:35 AM IST

Buffett-backed Snowflake's value doubles in market's largest software debut

Snowflake shares started trading at $245 apiece on Wednesday, more than double its $120 IPO price, and closed up 111% at $253.93 to value it at over $70 billion

Buffett-backed Snowflake's value doubles in market's largest software debut
Updated On : 17 Sep 2020 | 8:22 AM IST

New Zealand economy in deepest recession as second-quarter GDP shrinks

The Reserve Bank of New Zealand had forecast a quarterly and annual GDP decline of 14% in its August statement

New Zealand economy in deepest recession as second-quarter GDP shrinks
Updated On : 17 Sep 2020 | 8:21 AM IST

BOJ to hold fire, signal resolve to work closely with Suga's new cabinet

The BOJ board may also debate how the Federal Reserve's recent shift towards a policy focusing more on jobs

BOJ to hold fire, signal resolve to work closely with Suga's new cabinet
Updated On : 17 Sep 2020 | 8:21 AM IST

Chances of Brexit deal fading every day, EU Commission chief says

Brussels wants Boris Johnson to scrap what is known as the Internal Market Bill, saying it could sink talks on future trade arrangements

Chances of Brexit deal fading every day, EU Commission chief says
Updated On : 17 Sep 2020 | 6:23 AM IST

Chances of Brexit deal fading every day: European Commission chief

The British government unveiled draft legislation last week which it acknowledges would violate its international legal obligations

Chances of Brexit deal fading every day: European Commission chief
Updated On : 17 Sep 2020 | 4:01 AM IST

Federal Reserve vows to keep interest rates near zero until inflation rises

The Fed's decision drew two dissents, one from a policymaker who thought it went too far, and the other from one who thought it didn't go far enough

Federal Reserve vows to keep interest rates near zero until inflation rises
Updated On : 17 Sep 2020 | 2:27 AM IST

Flipkart plans overseas listing in 2021, seeks $50 bn valuation: Report

Flipkart is likely to choose between Singapore, or the United States for the initial public offering

Flipkart plans overseas listing in 2021, seeks $50 bn valuation: Report
Updated On : 16 Sep 2020 | 11:52 PM IST

After decade-low in July, Reliance Industries oil import up 58% in August

Reliance's oil imports in August rose about 58 per cent from July to 1.22 million barrels per day

After decade-low in July, Reliance Industries oil import up 58% in August
Updated On : 16 Sep 2020 | 11:32 PM IST

Hong Kong formally objects to US demand for 'Made in China' export label

Commerce Secretary Edward Yau said he formally asked the US consulate to relay Hong Kong's request for withdrawal of the new regulations to US trade officials

Hong Kong formally objects to US demand for 'Made in China' export label
Updated On : 16 Sep 2020 | 10:29 PM IST

Oil refiners shut plants fearing lost demand may never come back

Consumption has not returned to pre-pandemic levels and lower travel may be here to stay, leading to the possibility plants may shut permanently

Oil refiners shut plants fearing lost demand may never come back
Updated On : 16 Sep 2020 | 10:18 PM IST

India's African oil imports hit 10-month high in August: Shipping data

India's oil imports from Africa jumped to their highest in 10 months in August as refiners switched out more expensive crude from the Middle East, shipping data shows

India's African oil imports hit 10-month high in August: Shipping data
Updated On : 16 Sep 2020 | 8:32 PM IST

Russia to sell Covid-19 vaccine to India's Dr. Reddy's Laboratories

The Russian Direct Investment Fund added that it had agreed to cooperate on clinical trials and the distribution of the vaccine with the Indian firm

Russia to sell Covid-19 vaccine to India's Dr. Reddy's Laboratories
Updated On : 16 Sep 2020 | 3:09 PM IST

Fraud-hit PMC approaches other banks for possible merger: Administrator

PMC has "tried to engage with the major banks of the country to request for a merger", the bank's administrator said in a Sept 10 filing at the Delhi High Court

Fraud-hit PMC approaches other banks for possible merger: Administrator
Updated On : 16 Sep 2020 | 2:54 PM IST

Global net zero emissions goal would require $1-2 trn investment/yr: Study

To limit global warming to 1.5 degrees Celsius this century, global greenhouse gas emissions will need to reach net zero

Global net zero emissions goal would require $1-2 trn investment/yr: Study
Updated On : 16 Sep 2020 | 1:03 PM IST

Alibaba Group opens China factory as part of new manufacturing initiative

Alibaba Group Holding Ltd unveiled a pilot factory in the eastern Chinese city of Hangzhou as part of its "smart manufacturing" business initiative

Alibaba Group opens China factory as part of new manufacturing initiative
Updated On : 16 Sep 2020 | 12:50 PM IST