Reuters•19 minutes agoGoogle to invest $550 million in China e-commerce giant JD.com
The two companies described the investment announced on Monday as one piece of a broader partnership that will include the promotion of JD.com products on Google's shopping service. JD.com's U.S.-listed shares rose 1.2 percent to $44.10 on the Nasdaq on Monday. JD.com's investors include
Reuters•19 minutes agoGoogle to invest $550 million in China e-commerce giant JD.com
The two companies described the investment announced on Monday as one piece of a broader partnership that will include the promotion of JD.com products on Google's shopping service. JD.com's U.S.-listed shares rose 1.2 percent to $44.10 on the Nasdaq on Monday. JD.com's investors include
Reuters•23 minutes agoPeace, economy pose challenges for Colombia's new president
Colombian President-elect Ivan Duque has promised to unite a divided country behind his plans to toughen a peace accord with Marxist rebels and rekindle economic growth, but he will face major challenges when he takes office in August. The right-wing former senator comfortably won Sunday's election
- NewsBytes•44 minutes ago
Airtel offers unlimited calls for 168-days with Rs. 597 plan
In a bid to take on Reliance Jio's long-term Rs. 999 prepaid recharge pack, Bharti Airtel has introduced a new Rs. 597 recharge pack in various circles across India. With its latest pack, Airtel is offering long-term calling benefits by providing a 168-days validity on this plan. Additionally, users
- Bloomberg Quint•47 minutes ago
Stocks To Watch: ICICI Bank, IDBI Bank, Titan, Borosil Glass Work
Stocks to watch out for in Tuesday’s trade.
- Yahoo India Finance•51 minutes ago
Diversity in workplace can be a game changer. Here’s how
Diversity and inclusion in workplace has come under the scanner like never these days. Large MNCs are scrambling to achieve diversity goals and have even created departments to ensure their employee hiring and rewarding procedures are egalitarian enough. Google’s just released annual diversity report
Reuters•1 hour agoOil rises ahead of OPEC, China tariffs loom over U.S. prices
Oil prices rose on Monday in volatile trade as this week's OPEC meeting raised the specter of production increases and as investors assessed the impact of a trade dispute between the United States and China. U.S. crude's discount to Brent widened to as much as $9.73 a barrel, after narrowing
Reuters•1 hour agoOil rises ahead of OPEC, China tariffs loom over U.S. prices
Oil prices rose on Monday in volatile trade as this week's OPEC meeting raised the specter of production increases and as investors assessed the impact of a trade dispute between the United States and China. U.S. crude oil edged up 43 cents a barrel to $65.49 by 1:15 p.m. EDT (1715 GMT). U.S. crude
Reuters•1 hour agoU.S. top court mulls Apple's App Store commissions in antitrust case
The U.S. Supreme Court on Monday agreed to take up Apple Inc's bid to escape a lawsuit accusing it of breaking federal antitrust laws by monopolizing the market for iPhone software applications and causing consumers to pay more than they should. The justices said they would hear Apple's appeal
Reuters•1 hour agoEU antitrust regulators to rule on Blackstone's F&R deal by July 20
EU antitrust regulators will decide by July 20 whether to clear U.S. private equity firm Blackstone Group's US$20 billion acquisition of a majority stake in Thomson Reuters' Financial and Risk (F&R) unit, a filing on the EU competition watchdog's website showed on Monday. Blackstone sought
- Reuters•1 hour ago
EU antitrust regulators to rule on Blackstone's F&R deal by July 20
EU antitrust regulators will decide by July 20 whether to clear U.S. private equity firm Blackstone Group's US$20 billion acquisition of a majority stake in Thomson Reuters' Financial and Risk (F&R) unit, a filing on the EU competition watchdog's website showed on Monday. Blackstone sought
Reuters•1 hour agoJPMorgan to pay $65 million to settle charges of attempted ISDAFIX manipulation
WASHINGTON (Reuters) - JPMorgan Chase Bank NA will pay a $65 million civil penalty to settle charges that it attempted manipulating ISDAFIX benchmark swap rates between 2007 and 2012, the U.S. Commodities Futures Trading Commission said on Monday.
Reuters•1 hour agoUK accounting watchdog says KPMG audits show "unacceptable deterioration"
KPMG, one of the world's "Big Four" accounting firms, has shown an "unacceptable deterioration" in how it audits top British firms and will be first to undergo special supervision, Britain's accounting watchdog said on Monday. The Financial Reporting Council (FRC) said the
- Moneycontrol•1 hour ago
Bank of International Settlements to publish two chapters on cryptocurrency
The report will follow the bank's most recent quarterly review, which warned that "many cryptocurrencies are ultimately get-rich-quick schemes."
- Bloomberg Quint•2 hours ago
Second Tranche Of Bharat-22 ETF Tomorrow; Government Eyes Up To Rs 8,400 Crore
The issue will open for anchor investors on June 19 and other institutional and retail investors the next day.
- Reuters•2 hours ago
Singapore's OCBC plans China wealth management business to boost profits
Oversea-Chinese Banking Corp Ltd (OCBC) plans to set up a wealth management business in China as part of a strategy to double its profit in five years in the country's so-called Greater Bay Area, its chief executive said. The Greater Bay Area aims to bring together Hong Kong, Macau and nine southern
Reuters•2 hours agoSingapore's OCBC plans China wealth management business to boost profits
Oversea-Chinese Banking Corp Ltd (OCBC) plans to set up a wealth management business in China as part of a strategy to double its profit in five years in the country's so-called Greater Bay Area, its chief executive said. The Greater Bay Area aims to bring together Hong Kong, Macau and nine southern
Reuters•2 hours agoFujifilm sues Xerox for well over $1 billion after aborted merger
Fujifilm Holdings Corp sued Xerox Corp on Monday for well over $1 billion, faulting the printer and copier company for succumbing to pressure from activist investors Carl Icahn and Darwin Deason in calling off a proposed merger. In a complaint filed with the U.S. District Court in Manhattan, Fujifilm
Reuters•2 hours agoFujifilm sues Xerox for well over $1 billion after aborted merger
Fujifilm Holdings Corp sued Xerox Corp on Monday for well over $1 billion, faulting the printer and copier company for succumbing to pressure from activist investors Carl Icahn and Darwin Deason in calling off a proposed merger. In a complaint filed with the U.S. District Court in Manhattan, Fujifilm
- Bloomberg Quint•2 hours ago
AAP Vs L-G: Congress Maintains Distance
AAP Vs L-G: Congress Maintains Distance
Reuters•2 hours agoTrump orders creation of U.S. force to dominate space
U.S. President Donald Trump on Monday said he was ordering the establishment of a sixth branch of the military to clear the way for American dominance of space. The United States, however, is a member of the Outer Space Treaty, which bars the stationing of weapons of mass destruction in space and only
- Moneycontrol•2 hours ago
Top selling drugs face patent expiration between 2018 and 2024, sales worth $251 bn at stake: Report
This news is a setback for big pharma companies as they were getting over the patent cliff but could be music for Indian drug makers who are in a race to launch copycat drugs.
Reuters•2 hours agoHead of VW's Audi arrested in Germany over diesel scandal
Volkswagen was holding crisis talks on Monday to find a stand-in boss for its Audi brand, a source familiar with the discussions said, after German authorities arrested Audi CEO Rupert Stadler as part of a probe into emissions test cheating. Stadler's arrest throws Volkswagen (VW) into turmoil as
Reuters•2 hours agoWall Street trades lower, but off session lows
U.S. President Donald Trump said last week he was pushing ahead with hefty tariffs on $50 billion of Chinese imports, prompting a swift response from Beijing, which said it would slap duties on several American commodities. Boeing, the single largest U.S. exporter to China, fell nearly 1 percent, while
Reuters•2 hours agoWall Street trades lower, but off session lows
U.S. President Donald Trump said last week he was pushing ahead with hefty tariffs on $50 billion of Chinese imports, prompting a swift response from Beijing, which said it would slap duties on several American commodities. Boeing, the single largest U.S. exporter to China, fell nearly 1 percent, while
