• Centre merges Bank of Baroda, Vijaya Bank, Dena Bank
Centre merges Bank of Baroda, Vijaya Bank, Dena Bank

This is the third major restructuring in the public sector banking space undertaken by this government. Moreover, all the three banks work on the same technological platform, which eases integration and the banks will also enjoy complementary geographies as Bank of Baroda has a stronghold in the western part of India while Vijaya Bank is stro...

Read more

  • Coca-Cola, Aurora in talks about making cannabis-infused drinks
Coca-Cola, Aurora in talks about making cannabis-infused drinks

The Bloomberg report follows other deals between USA beverage companies and pot producers in Canada , where recreational use of marijuana becomes legal next month across the country, followed by consumable forms of the drug next year. American companies interested in making a play in the cannabis space can try things out in Canada without risk...

Read more

  • Chinese goods on USA radar, India braces for shockwave
Chinese goods on USA radar, India braces for shockwave

President Trump intends to impose tariffs on $ 200 billion of China's exports to the us this week, according the Wall Street Journal . China has previously stated if America imposed this new larger set of taxes, China would place tariffs on American imports that total $60 billion.

Read more

  • Amazon's CEO Starts $2 Billion Fund for Schools, Homeless
Amazon's CEO Starts $2 Billion Fund for Schools, Homeless

Bezos is the world's richest person, with an estimated worth of $164 billion. Bezos said he selected these two areas of his new fund after getting thousands of ideas from an appeal he launched on Twitter past year. The most notable involving more than $40 million to the local nonprofit FareStart - a hospitality training program and restaurant b...

Read more

  • Oil prices steady after pull-back, up on the week
Oil prices steady after pull-back, up on the week

It's uncertain whether Saudi Arabia and other producers will fill any shortfall, or how far they're able to do so, the agency said . If those estimates are right, it would mark the first time since 1973 that the USA has led the world in output, according to government figures.

Read more

  • Canada's Freeland says US NAFTA talks still constructive, productive
Canada's Freeland says US NAFTA talks still constructive, productive

Wednesday was the first day that negotiations between the two countries resumed after four intensive days of talks last week ended without a deal on Friday after the mood soured. What trade scholars like me know is that Trump does not have the upper hand in these negotiations. What should Canada do at the NAFTA negotiating table? "At the end ...

Read more

  • Screenshots show Apple Watch Series 4 will feel much less cramped
Screenshots show Apple Watch Series 4 will feel much less cramped

The report also suggests that the native resolution of the next generation Apple Watch will be 384×480 pixels on the 42mm model. Apple will be launching its new line of iPhones on September 12 at an event in California. With the help on miniaturization, wearable technology has added cool new features into otherwise boring accessories,...

Read more

  • Increasing Continuously Fuel prices reach new high
Increasing Continuously Fuel prices reach new high

Petrol and diesel prices scaled new all-time highs on Monday as the prices of the two fuels were jacked up by another 23 paise and 22 paise per litre, respectively. Fuel prices continued to inch up on Tuesday despite the opposition's Monday's Bharat Bandh against rising petrol and diesel prices. Meanwhile, Andhra Pradesh assembly passed a resolut...

Read more

  • Barack Obama Is Finally Honest About What Obamacare Was
Barack Obama Is Finally Honest About What Obamacare Was

More often it's manufactured by the powerful and the privileged, who want to keep us divided, keep is angry and keep us cynical, because it helps them maintain the status quo and keep their power and keep their privilege". Republicans say voters will not find Mr Obama's argument appealing. Obama unloaded on Trump for a litany of supposed misdee...

Read more

  • Help, I Can’t Stop Looking at These Elon Musk Smoking Memes
Help, I Can’t Stop Looking at These Elon Musk Smoking Memes

His past jokes about tweeting after taking Ambien and drinking wine didn't seem so amusing anymore, and he defended his use of the prescription sleep aid in a New York Times interview. Morton and Toledano, whose departures come shortly after the U.S. Securities and Exchange Commission opened an inquiry into Musk's aborted privatisation plan, join...

Read more

  • Trump poised to tax an additional $200bn Chinese imports
Trump poised to tax an additional $200bn Chinese imports

Tech companies are also weighing in, with HPE , Cisco, Dell, and Juniper penning a letter to US Trade Rep Robert Lighthizer asking him to hold off on imposing additional tariffs on networking gear, arguing the penalties would only serve to hurt their business in the US.

Read more

  • British Airways breach sees hackers take-off with customers' payment details
British Airways breach sees hackers take-off with customers' payment details

BA said it is in the process of contacting all affected customers. "We are 100 per cent committed to compensate them", BA chief executive Alex Cruz told BBC radio. Will I have to get a new card? According to Reuters , the customer data, including personal and financial information involving 3,80,000 transactions, was stolen between August 2...

Read more

  • Oil Prices Jump As Gulf Of Mexico Rigs Evacuated
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. It was only about three months ago that India's foreign minister said that the country won't adhere to unilateral restrictions and will continue buying Iranian crude.

Read more

  • China’s Xi says African investments come with ‘no strings’
China’s Xi says African investments come with ‘no strings’

It is a vision of an integrated, prosperous and peaceful Africa, driven by its own citizens and representing a dynamic force in the worldwide arena. China is investing billions of dollars in aid and projects, making Africa the most focused destination under the BRI.

Read more

  • Donald Trump terminating NAFTA, negotiating with Canada
Donald Trump terminating NAFTA, negotiating with Canada

So did Canada really think that the US and Mexico were going to sign something alone, or did they see this as a bluff? Foreign Affairs Minister Chrystia Freeland, emerging Wednesday evening from her second meeting of the day with her USA counterpart, said officials would be working late into the night - and possibly all night - on potential "land...

Read more

  • 4 takeaways from the U.S.-Mexico trade deal
4 takeaways from the U.S.-Mexico trade deal

The costs for the United States would also be high, as America's auto sector uses parts that are manufactured in Canada . The Trump White House will have to start trying to build support in Congress for its bilateral approach. The president invited a host of reporters into the Oval Office to watch him call his Mexican counterpart, President Enri...

Read more

  • Trump’s path to a new NAFTA deal runs through Canada, lawmakers say
Trump’s path to a new NAFTA deal runs through Canada, lawmakers say

As Trump blithely repeated his threat to dump Canada , Mexican President Enrique Pena Nieto repeatedly stressed - four times his disembodied voice permeated the Oval Office via speaker phone - that bringing Canada into the deal was the next move.

Read more

  • Mexico, US close to a deal on NAFTA overhaul
Mexico, US close to a deal on NAFTA overhaul

Trump has threatened to withdraw from the 24-year-old trade pact between the United States , Mexico and Canada if it is not reworked to the advantage of US workers. The three countries have been negotiating for a year to save the free trade agreement that US President Donald Trump considers disastrous for his country.

Read more

  • Fed officials ponder the yield curve signal
Fed officials ponder the yield curve signal

On Thursday, two top Fed officials made clear Thursday that Trump's criticism won't affect their decisions on whether to continue raising rates. However, he noted the U.S. "It has to be the bearer of bad news during good times and tighten in order to avoid sharp upticks in inflation", he said. The Fed chief has addressed the issue of central ba...

Read more

  • Verizon slowed internet speed for first responders to fire
Verizon slowed internet speed for first responders to fire

But in this case, officials have emphasized, homes and even lives were at stake. It provides a separate network, used only by first responders, and offers data plans with no limits or throttling. Krekorian's motion also raised concerns about members of the general public being throttled during emergencies and said that although Verizon has changed ...

Read more

  • Oil edges up on Iran sanctions, but US-China row mutes trading
Oil edges up on Iran sanctions, but US-China row mutes trading

Oil prices rose 3%, with Brent crude futures hitting a three-week high. "Crude stocks drew due to sharply lower crude imports and near-record refinery crude runs". A key index of the dollar versus a basket of other currencies.DXY fell on Friday, boosting the price of oil and other dollar denominated commodities.

Read more

  • Sears Is Closing 46 More Stores -- Including In Michigan
Sears Is Closing 46 More Stores -- Including In Michigan

One location in MI is on the chopping block: Sears at the Jackson Crossing Shopping Center off I-94 in Jackson. Liquidation sales for the Kmart and Sears stores will begin as early as August 30. Store closures contributed to almost two thirds of the decline. ESL submitted a bid for the store's Kenmore and Sears Home Improvement businesses at ...

Read more

  • Korea Sanctions at Anchor in Busan
Korea Sanctions at Anchor in Busan

Rostec claims its Avtomatika unit, which specializes in encryption and secure communications, supplies the White House with technology that allows Trump and Putin to communicate privately. His speech later on Tuesday will also outline other threats that Britain sees to the global order, including telling China that "with economic power comes politi...

Read more

  • U.S. And China Impose Fresh Tariffs As Trade War Escalates
U.S. And China Impose Fresh Tariffs As Trade War Escalates

U.S. President Donald Trump has threatened to put duties on nearly all of the more than $500 billion in Chinese goods exported to the United States annually unless Beijing agrees to sweeping changes to its intellectual property practices, industrial subsidy programs and tariff structures, and buys more U.S.

Read more

  • Trump ignites Wall Street debate with his tweet on earnings
Trump ignites Wall Street debate with his tweet on earnings

In a Twitter post Friday, Trump wrote: "In speaking with some of the world's top business leaders I asked what it is that would make business (jobs) even better in the U.S. Even former President Barack Obama spoke out against the short-term nature of the reporting requirements in 2015. Some investors on Friday said quarterly disclosures are e...

Read more