Stories about Finance

Apr 22 2017

Supreme Court gives nod to e-auction of Taj Mahal Hotel

Earlier, the civic body, which looks after areas pertaining to Lutyens' Delhi, also conducted the e-auction of Asian Hotel through MSTC, which resulted in more than 15 ti...

Apr 22 2017

Leaders of IMF and World Bank defend globalization

Ms Lagarde said it was vital that the world's two biggest economies had a "constructive, sustainable and solid" relationship going forward that would boost global growth ...

Apr 22 2017

Tesla recalls 53000 of its Model S, Model X cars

It will start with a midsize crossover, launching sometime before 2020. On that basis, Tesla is expected to lose more than $950 million."Cash flow should determine what...

Apr 22 2017

Indian officials to lose red beacon lights atop their cars

He said the red beacons were a symbol of arrogance and the decision to remove them was correct. But the red, or the coveted " lal batti ", has been drawing maximum ...

Apr 22 2017

Elon Musk's Neuralink aims to link brains with computers in 4 years

Musk, who was awarded 5,27m stock options in 2012 tied to Tesla operational and market value targets, has achieved six of the 10 operational goals to date, up from five...

Apr 22 2017

Delhi: Two killed, three injured in Kashmiri Gate car accident

Those injured - identified as Asif (30), Karan (26) and Sanjay (28) - have been admitted to Sushruta Trauma Centre. Deputy Commissioner of Police, North district, Jatin...

Apr 22 2017

Regulator Ofcom nails BT over rivals' access to telegraph poles

Ofcom has announced its grand plan for encouraging the deployment of full-fibre broadband (i.e. FTTP or "ultrafast") networks to the United Kingdom, and at the same time ...

Apr 22 2017

Crude oil little changed amid rising USA output, OPEC production cuts

The latest USA oil production and inventory data will be published later on Wednesday by the Energy Information Administration (EIA). In the report, OPEC pointed to a...

Apr 22 2017

Stocks end lower Wednesday

Declining issues outnumbered advancing ones on the NYSE by a 1.12-to-1 ratio; on Nasdaq, a 1.52-to-1 ratio favored advancers. US crude futures CLc1 fell 3.8 percent to ...

Apr 22 2017

FMCG, healthcare stocks pull Sensex down 82 points

The broader NSE Nifty closed lower by 17 points, or 0.19 percent, at 9,119.40 after shuttling between 9,183.65 and 9,088.75. The barometer 30-scrip sensitive index (Sen...

Apr 22 2017

$13 a pack? NYC mayor wants highest cigarette prices in US

The mayor says over 80 percent of children in New York City were accepted to the school of their choice. The initiative is a package of five bills. Other efforts will...

Apr 22 2017

Britain could see its first full day without coal

The amount of coal used in the United Kingdom has been declining since 2016, when coal power generation dropped to a record low in Q2, making up just 5.8 per cent of the ...

Apr 22 2017

Wells Fargo Board faults aggressive culture in sales scandal

The board said it held back the additional money from Stumpf and Tolstedt because it felt it had been misled about how long the sales abuses were going on and didn't ...

Apr 22 2017

Trump plans executive actions on finance, tax rules

President Donald Trump will sign three documents Friday to advance his administration's push to reduce tax and regulatory burdens, including a measure that could rollback...

Apr 22 2017

WestJet announces intent to launch ultra-low-cost carrier

Winnipeg-based discount airfare company New Leaf Travel styles itself as an ultra-low-cost carrier, but the company isn't actually an airline - it is a ticket reselle...

Apr 22 2017

United Airlines can't say if video has hit sales

Phyllis Brown told CNN is cutting up his United MileagePlus Card after Delta booted a man off an overbooked flight. She declined to say who would testify for United...

Apr 22 2017

Foreign Buyers to be Taxed in Ontario

A 15-per-cent tax will be applied to the purchase of a residential property in the Greater Golden Horseshoe area, in addition to the general land transfer tax. Housing Mi...

Apr 22 2017

Trump calls 100-day assessment 'ridiculous'

President Donald Trump said "a lot" has been accomplished on his watch and that the 100-day benchmark is 'ridiculous'. The coming days will be critical for the Trump ad...

Apr 22 2017

Japan says Pacific Rim pact offers best trade deals

After the first round of talks in Tokyo on Tuesday, Japan and the United States remained at loggerheads on how to frame the bilateral economic dialogue. Aso's comments un...

Apr 22 2017

Trump nominates Scott Brown as ambassador amid Fox News misconduct allegations

Brown was an early and fervent supporter of Trump's and was rumored to be in the running to head up the Veteran Affairs department. As a senator, Mr Brown supported the...