• Importance of Iranian oil for India
Importance of Iranian oil for India

In August the production by Iran dropped by 150,000 barrels per day to a total of 3.62 million, marking its lowest level in over two years, as buyers stopped ordering due to impending penalties by the U.S. "The last couple of weeks have seen the expected squeeze on Iranian crude flows taking shape, with overall outflows down markedly", consultanc...

Read more

  • Dena Bank, Vijaya Bank and Bank of Baroda to be merged
Dena Bank, Vijaya Bank and Bank of Baroda to be merged

This will create the country's third-largest bank, and capital support will be provided to the merged entity by the government. In early 2017, plans for State Bank of India (SBI), India's largest bank, to absorb five associate banks got underway.

Read more

  • Coke may move into cannabis-infused drinks
Coke may move into cannabis-infused drinks

Coca-Cola , the Atlanta-based soft drink giant, is reportedly in talks about creating a CBD-infused soft drink. While recent events have seen adult-beverage makers jump into the infused-beverages space, some believe the non-alcoholic infused-beverage markets may hold the key.

Read more

  • China tariffs: What's behind them, who stands to be hurt?
China tariffs: What's behind them, who stands to be hurt?

China had in August said it would retaliate with $US60 billion in tariffs on U.S. goods, but has since gone quiet on the threat. The lack of unity within the U.S. The lack of progress and collapse of that deal have made future negotiations more hard, as it's unclear who speaks for the USA administration and there's a lack of confidence that any d...

Read more

  • Amazon's Jeff Bezos unveils $2 billion philanthropic fund
Amazon's Jeff Bezos unveils $2 billion philanthropic fund

It was the result, he said in a statement , of a months-long campaign to solicit philanthropic ideas from the public. "If our own great grandchildren don't have lives better than ours, something has gone very wrong", Bezos said in a tweet on Thursday.

Read more

  • USA likely has taken over as the worlds top oil producer
USA likely has taken over as the worlds top oil producer

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 . Concerns over the U.S. The number of rigs drilling for oil in Saudi Arabia has been on the rise since April but is still only back where it was in the spring of 2017, when the kingdom's focus was on cutting, no...

Read more

  • U.S., Canada slug it out as deadline looms to clinch NAFTA
U.S., Canada slug it out as deadline looms to clinch NAFTA

As the two nations' chief negotiators prepared to resume their talks in Washington Tuesday, dairy producers suggest this deal is a line in the sand for them. Trudeau, who over the previous year has faced increasing criticism for backtracking on promises, ordering endless consultations on major topics and failing to fulfill many of his campaign ...

Read more

  • Apple Watch might be getting an always-on display feature
Apple Watch might be getting an always-on display feature

The upcoming iteration of the smartwatch is now expected to arrive with a larger edge-to-edge display and support a higher resolution than previous editions. Apple's big launch event at Steve Jobs theatre, California, is just about a week away, and it is widely rumoured that the company will launch a new generation of iPhone , as well as a smart...

Read more

  • Bharat Bandh Successful And Peaceful In BJP-Ruled Rajasthan
Bharat Bandh Successful And Peaceful In BJP-Ruled Rajasthan

Fuel prices across the country continue to rise relentlessly. Touching a new high, in Mumbai , the prices of petrol threatened to touch Rs 90-per-litre mark at Rs 88.26 today whereas a litre of diesel is available for Rs 77.47. Union Minister Ravi Shankar Prasad said, "Diesel, petrol price rise is out of our hands because oil-producing coun...

Read more

  • Obama Calls Trump the Product of a Republican Party Gone Mad
Obama Calls Trump the Product of a Republican Party Gone Mad

The award is named for Senator Paul H. Thomas, who represented IL from 1949 to 1967, according to the school's website. Mr Pence said it was "very disappointing" to see Obama "become so political", when other former presidents have shied away from being too involved once out of office.

Read more

  • Could 'soon' impose tariffs on $200bn in Chinese goods, says Trump
Could 'soon' impose tariffs on $200bn in Chinese goods, says Trump

Earlier on Friday, White House economic adviser Larry Kudlow told Bloomberg Television the administration would evaluate public comments before making decisions on the $US200 billion tariff list. Washington has long criticised China's huge trade surplus with the United States and has demanded Beijing reduce it. In light of such a US agenda...

Read more

  • British Airways hack: Cyber attack and compensation details revealed
British Airways hack: Cyber attack and compensation details revealed

Chief executive Alex Cruz says the company is "100% committed" to compensating customers who have had financial information stolen. Consumer advice website MoneySavingExpert says affected customers should first seek advice from their bank, then monitor bank and credit card statements closely for signs of possible fraudulent activity.

Read more

  • Japan's oil distributors plan to stop importing Iranian crude in October
Japan's oil distributors plan to stop importing Iranian crude in October

Oil prices fell on Thursday as emerging market woes weighed on sentiment, while a deadline neared for a potential new round of US tariffs on another $200 billion of Chinese goods. For 2020, it said it expected Brent to average $75 a barrel, up from its previous forecast of $55. Speaking to CNBC, energy expert John Kilduff said the price of oi...

Read more

  • Trump attacks union leader on Labor Day
Trump attacks union leader on Labor Day

We have had some very intense periods of working together and Ambassador Lighthizer and his team are very experienced professionals. "We will only sign a good deal and we will not negotiate in public". A major sticking point for Canada is that the deal eliminated the settlement system for anti-dumping disputes, NAFTA's Chapter 19. "It probably wi...

Read more

  • China raises fears of 'new colonialism' with $60 billion investment across Africa
China raises fears of 'new colonialism' with $60 billion investment across Africa

The leaders "refute the view that a new colonialism is taking hold in Africa, as our detractors would have us believe", he told the forum. "The rapid growth in Sino-African trade made China Africa's largest trading partner, he said". He further disclosed that China will also get involved in governance and stay committed to the vision of consultat...

Read more

  • Canada's Freeland sits down with United States negotiators for tough NAFTA talks
Canada's Freeland sits down with United States negotiators for tough NAFTA talks

Pete Ricketts said Monday after President Donald Trump announced the countries have reached a preliminary deal to replace NAFTA . "We recognize that there is a possibility of getting there by Friday, but it is only a possibility, because it will hinge on whether or not there is ultimately a good deal for Canada ", he said at a news conf...

Read more

  • Toyota to Invest $500 Million in Uber
Toyota to Invest $500 Million in Uber

Dr. Gill Pratt, Toyota Research Institute CEO, says that the Guardian system, coupled with Uber's automated driving tech, will "independently monitor the vehicle environment and real-time situation, enhancing overall vehicle safety for both the automated driver and the vehicle".

Read more

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

The Trump White House will have to start trying to build support in Congress for its bilateral approach. This gives Canadian negotiators a much better understanding of the USA bottom line. With the USA holding its mid-term elections on November 6, Heyman said the likelihood of Trump's trade threats toward Canada becoming reality is slim.

Read more

  • Trump, Justin Trudeau Had
Trump, Justin Trudeau Had "Constructive Conversation" On Trade: Canada

Canadian Foreign Minister Chrystia Freeland will travel to Washington on Tuesday to continue negotiations. "Maybe the largest trade deal ever made". "It is nothing more than an agreement between only two of the three countries party to NAFTA to just begin renegotiating trade relations and hopefully end the trade war Republicans created and have d...

Read more

  • The Mexican peso is jumping on hope for NAFTA progress
The Mexican peso is jumping on hope for NAFTA progress

Ohio-based trade lawyer Dan Ujczo said the bilateral U.S. -Mexico talks are necessary because the two countries' one-on-one issues are more significant at this point in the year-long negotiations - but he added that leaving Canada on the sidelines has an added effect.

Read more