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Economy

It was 2007 terror attack in Hyderabad's Mecca Masjid during the Friday Prayers that claimed nine lives, yet the accused walked out freely. Notably, the five accused were connected with a right-wing organisation, Abhinav Bharat, which allegedly also had a hand in similar cases earlier, including the Malegaon bombing, the Samjhauta Express and the Ajmer Sharif blasts.
  • Crude Gains as Trade Tensions Ease

    Crude Gains as Trade Tensions Ease

    Economy

    Geopolitical concerns elevated crude prices on Tuesday after President Donald Trump canceled his scheduled trip to multiple South American countries to focus on the US response to developments in Syria. OANDA's Innes said the API report had "temporarily taken a bit of wind out of the market". "The EIA said that U.S. crude oil output is chiefly the function of price".
  • Split ties a feature on Davis Cup day one

    Split ties a feature on Davis Cup day one

    Economy

    Holders France took a 2-1 lead in their tie with Italy as Pierre-Hugues Herbert Nicolas Mahut comfortably beat Simone Bolelli and Fabio Fognini 6-4 6-3 6-1. Croatia also made it into the last four as Australian Open runner-up, Marin Cilic , crushed Kazakhstan's Mikhail Kukushkin 6-1 6-1 6-1 to seal their tie 3-1.
  • Tiger Global among top Spotify holders with $1.9 billion stake

    Tiger Global among top Spotify holders with $1.9 billion stake

    Economy

    Spotify's stock market listing was unusually low key for a 10-year-old company that has 157 million active users including 71 million subscribers, but is still loss-making due to the huge royalties it pays music companies. Spotify owns about 9% of Tencent Music, a stake valued at €910 million ($1.1 billion), according to a regulatory filing with the US Securities and Exchange Commission.
  • Trade war with China: What you need to know

    Trade war with China: What you need to know

    Economy

    The US said it would put 25 percent duties on Chinese industrial, transportation and medical equipment and information technology. It is also important to remember that the US economy is more open (i.e. Beijing imposes tariffs on United States imports worth around $ 3 billion , including a 15% duty on 120 American products including fruits, nuts, wine and steel pipes and a 25% tax on eight others, like recycled aluminum and pork.
  • Boston could see more spring snow later this week

    Boston could see more spring snow later this week

    Economy

    While the National Weather Service's winter weather advisory predicted a troublesome morning commute, it also said rising temperatures through the day would mean melting off of any accumulation in what would be a snowy/sleet/rain mix. Temperatures for the remainder of the week will be in the upper 40's and 50's, with a possible 60 degree temp on Wednesday . A chance of rain between 2am and 5am, then rain and snow likely.
  • Gender pay gap at Lewes District Council revealed

    Gender pay gap at Lewes District Council revealed

    Economy

    Companies that miss the deadline could face legal action including court orders and fines, but only after being given more than a month's grace period. EasyJet CEO Johan Lundgren even took a pay cut this year to promote gender equality. Although not specifically video game focussed, Microsoft had a pay gap of just 6.6%, while Sony Interactive Entertainment Europe had a gap of 12.8%.
  • Breakingviews - Disney and Fox open door to higher Sky bid

    Breakingviews - Disney and Fox open door to higher Sky bid

    Economy

    The deal, announced in December, is expected to take up to two years to secure approval from regulators. Disney is interested in acquiring Sky News regardless of whether its larger US$52.4 billion takeover of most of Fox goes through, a move that would guarantee the editorial independence of the operation, Fox said in a submission to the U.K.'s Competition and Markets Authority .
  • Trump's DACA decision elevates the debate over illegal immigration, NAFTA

    Trump's DACA decision elevates the debate over illegal immigration, NAFTA

    Economy

    President Donald Trump declared as "dead" on Monday a program that protects immigrants brought to the United States illegally as children and pressed Congress to "immediately" pass legislation to secure the US border with Mexico. It refers to the practice of releasing immigrants apprehended at or near the border, expecting them to appear at a later date before a USA immigration judge.
  • Why the Postal Service doesn't need Amazon

    Why the Postal Service doesn't need Amazon

    Economy

    The largest online retailer has been a favorite target of Trump since his campaign, with the president blasting the company on Twitter for paying what he says are unfairly low taxes, damaging other retailers, and allegedly getting a sweetheart deal from the U.S.
  • Widow of Orlando gunman acquitted by United States court

    Widow of Orlando gunman acquitted by United States court

    Economy

    During the trial, prosecutors said Mateen, who was born in NY to Afghan immigrants, meant to attack Disney World's shopping and entertainment complex by hiding a gun in a stroller but became spooked by police and instead chose the gay club as his target.
  • Tim Cook's Advice for Mark Zuckerberg Regarding Facebook Isn't Very Helpful

    Tim Cook's Advice for Mark Zuckerberg Regarding Facebook Isn't Very Helpful

    Economy

    However, he went on to say: "But from our point of view, we didn't want to create this contest". I think it's - privacy to us is a human right. The remarks echoed what he said in China over the weekend , when Cook described Facebook's current predicament as "dire" and suggested "some well-crafted regulation is necessary".
  • Saudi Arabia, Softbank, sign $200bn deal to build world's largest solar park

    Saudi Arabia, Softbank, sign $200bn deal to build world's largest solar park

    Economy

    The deal is just the latest in a number of announcements from Saudi Arabia, promising to scale up its access to renewable energy. The sale of about 5% of the oil giant Saudi Aramco is expected to provide additional funds. "If even part of that were to be built, it would drastically shift the trajectory of the solar market in Saudi Arabia", he said. Although the kingdom has been endeavoring to enter the clean energy sector for years, it started working on the first projects only in 2017, ...
  • Shanghai crude oil futures roar into action

    Shanghai crude oil futures roar into action

    Economy

    Despite this, Brown said there were concerns over regulatory interference, as seen in other Chinese financial commodity markets , including iron ore and coal. shale production. In Asia, crude oil is mainly priced against the Dubai, Oman and dated Brent benchmarks or Oman crude futures on the Dubai Mercantile Exchange.
  • Census 2020: U.S. adds controversial citizenship question

    Census 2020: U.S. adds controversial citizenship question

    Economy

    He added: "For the approximately 70 per cent of non-citizens who already answer this question accurately on the ACS [American community survey], the question is no additional imposition since census responses by law may only be used anonymously and for statistical purposes".