The internet has revolutionized our world and made it possible to communicate, spread ideas, play games and more with people thousands of miles away. It’s allowed people who would never have been able to communicate to do so easily. In high-income countries access to the internet is taken for granted […]
Asian stock markets are trading in the green on Monday, following the broadly positive cues from Wall Street on Friday, reacting to U.S. Federal Reserve Chairman Jerome Powell’s remarks at the Jackson Hole symposium on Friday. However, the upside is limited as traders remain anxious amid the coronavirus situation in […]
The pace of job growth slowed considerably in August, in what was seen as a sign of the impact of a new uptick in Covid-19 cases throughout the country. The U.S. added 235,000 jobs during the month, while the unemployment rate fell to 5.2%, a drop of 0.2 from July. […]
In its appeal before the NCLAT, PNB – the largest shareholder in Jet Airways – argued that NCLT should have heard its application on the issue of reduction of its claim by Rs 202 crore before passing an order on the revival plan. Challenging the “illegal” reduction in its claim […]
But use of that word — privatisation — is not encouraged.This seems to be a classic case of reforms through subtle signals, observes A K Bhattacharya. A few days before his Independence Day address from the ramparts of Red Fort, Prime Minister Narendra Modi had delivered an important speech at […]
A major investment bank is avoiding Chinese stocks, but buying its bonds. J.P. Morgan's Joyce Chang believes the country's regulation crackdown is heating up and will create downward pressure on major market groups and industries. "We really recommended [investors] to stay sidelined for the time being," the firm's chair of […]
Latest figures and outlook suggests investors rolled over too cheaply, delivering takeover bargain in 2018 The grumble here in 2018 about Melrose’s controversial £8bn hostile takeover of GKN didn’t relate to the buyer’s supposed status of private equity-style vulture. That easy caricature has never quite fitted Melrose, a company that, […]
Varney: A crisis of confidence for Biden, Harris FOX Business’ Stuart Varney slams the Biden-Harris administration, arguing the V.P. doesn’t ‘inspire confidence.’ In his latest "My Take" Thursday, Stuart Varney questioned the whereabouts of Vice President Harris as "a crisis of confidence washes over President Biden." The "Varney & Co." […]
"Shang-Chi and the Legend of the Ten Rings" does not have a release date in China, which could be detrimental to its global box office haul. It is the first Marvel movie that has not been approved by the Chinese government for distribution in the country. Since 2013, Marvel movies […]
New York state lawmakers have voted to extend an eviction ban until Jan. 15, following the Supreme Court's decision last month to overturn the national moratorium. In addition to New York, at least four other states are also still limiting the proceedings. New York state lawmakers have voted to extend […]
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