Finance Ministry declares truce, but signals displeasure at RBI's behaviour

Asking the government to stop arm-twisting the central bank, the letter said both should talk and sort out the issues, instead of trying to ride roughshod over RBI and warned that "what they (government) are trying is at the expense of the nation". More..

by | Published 18 days ago
IBM buys Linux giant Red Hat to thrive in the cloud
by | Monday, October 29, 2018

IBM buys Linux giant Red Hat to thrive in the cloud

This prevents portability of data and applications across multiple clouds, data security in a multi-cloud environment and consistent cloud management. Whitehurst also will join IBM's senior management team an...More..

2 winning tickets sold for $750 million Powerball jackpot
by | Sunday, October 28, 2018

2 winning tickets sold for $750 million Powerball jackpot

The $750 million prize refers to the annuity option, paid annually over 29 years. The drawing Saturday night will come four days after someone won a $1.537 billion Mega Millions jackpot, the second-largest pr...More..

Asia facing sharp falls after Wall Street wipes out 2018 gains
by | Saturday, October 27, 2018

Asia facing sharp falls after Wall Street wipes out 2018 gains

As markets opened on Thursday, the colour was red: China's Shanghai Composite Index lost as much as 2.8%, and Hong Kong's Hang Seng Index 2.4%. The Dow tumbled 2.4 per cent to 24,583.42. The Australian dollar...More..

Tesla Model 3 production reportedly being investigated by the Federal Bureau of Investigation
by | Saturday, October 27, 2018

Tesla Model 3 production reportedly being investigated by the Federal Bureau of Investigation

Higher tariffs have hit demand for Model S sedans and Model X crossovers imported into the country. He then went online again and changed his payment method from a bank loan to cash. However, depending on the d...More..

China suggests Trump use Huawei phone to avoid spying
by | Friday, October 26, 2018

China suggests Trump use Huawei phone to avoid spying

She denounced the Times report as " fake news" for good measure. "American spy agencies, the officials said , had learned that China and Russian Federation were eavesdropping on the president's cellphon...More..

Saudi Arabia Now Says Khashoggi Killing Was Premeditated
by | Friday, October 26, 2018

Saudi Arabia Now Says Khashoggi Killing Was Premeditated

TASI, the largest Arab bourse, is 8.4 percent higher on the year. Language in the bill stated that President Trump could request exceptions to the arms sale ban if he also submitted a report on a US inves...More..

Winning numbers for $1B Mega Millions jackpot announced
by | Monday, October 22, 2018

Winning numbers for $1B Mega Millions jackpot announced

When is the next Mega Millions drawing? Powerball holds its drawing Saturday night, with a potential prize of $470 million. California Lottery officials said there were no jackpot winners in the state o...More..

Fall in crude oil prices brings solace
by | Monday, October 22, 2018

Fall in crude oil prices brings solace

Brent crude, on the other hand, slumped to $1.31, or 1.6 percent, at $80.10 a barrel by mid-afternoon of Wednesday, barely registering gains of $1.15 per barrel from the previous three sessions. Oil traded near...More..

US Mega Millions jackpot hits $1.6bn
by | Monday, October 22, 2018

US Mega Millions jackpot hits $1.6bn

Powerball , which held the record for the largest USA lottery prize of £1.213 billion ($1.586 bn) in 2016, will hold a separate draw on Saturday. The Mega Millions lottery jackpot has reached a record-bre...More..

Why Trump doesn't want to punish Saudi Arabia
by | Friday, October 19, 2018

Why Trump doesn't want to punish Saudi Arabia

U.S. Secretary of State Mike Pompeo listened to an alleged audio recording of the "murder" of missing Saudi journalist Jamal Khashoggi , ABC News reported Thursday , citing a senior Turkish official. "But...More..

YouTube back online after brief outage
by | Thursday, October 18, 2018

YouTube back online after brief outage

Given the scale of the problem, it is unknown how long we will can expect a fix to take. YouTube tweeted that they apologized for the inconvenience and would keep users updated at 8:41 p.m. Be it YouTube, ...More..

U.S. crude slumps below $70/bbl after large stock build
by | Thursday, October 18, 2018

U.S. crude slumps below $70/bbl after large stock build

The unhinged bullishness at the end of September and early October was stoked by fears that Saudi Arabia and Russian Federation won't be able to fill in the gap that US sanctions on Iranian oil have been ...More..

No winning Mega Millions jackpot ticket; jackpot climbs to $868M
by | Thursday, October 18, 2018

No winning Mega Millions jackpot ticket; jackpot climbs to $868M

The jackpot keeps swelling because nobody has won since July 24, when 11 workers in a California office shared $543 million. In New Jersey, seven tickets were sold that matched four of the five white balls an...More..

Forensic teams look for evidence after Khashoggi disappearance
by | Thursday, October 18, 2018

Forensic teams look for evidence after Khashoggi disappearance

The US secretary of state had talks with President Recep Tayyip Erdogan, too. Asked aboard his airplane whether he had heard any audio of Khashoggi's capture, Pompeo declined to comment, but his spo...More..

Softbank 'anxiously' monitoring Saudi Arabia situation - executive
by | Thursday, October 18, 2018

Softbank 'anxiously' monitoring Saudi Arabia situation - executive

However, a column published in English a short time later by the general manager of the Saudi-owned Al-Arabiya satellite news network suggested Saudi Arabia could use its oil production as a weapon. "The Ki...More..

Lotteries offer $1B in jackpots as Mega Millions nears record
by | Tuesday, October 16, 2018

Lotteries offer $1B in jackpots as Mega Millions nears record

The last Powerball jackpot, which totaled $245.6 million, was won August 11 by a man in Staten Island, New York. Unfortunately, even as the big prize for Tuesday night's Mega Millions drawing increases to...More..

Saudi preparing report to admit Khashoggi was killed
by | Tuesday, October 16, 2018

Saudi preparing report to admit Khashoggi was killed

Khashoggi , a Saudi national and USA resident who became increasingly critical of powerful Crown Prince Mohammed bin Salman , has not been seen since he walked into the Istanbul consulate to sort out marriag...More..

'Rogue Killers' May Have Murdered Saudi Journalist, Trump Suggests
by | Tuesday, October 16, 2018

'Rogue Killers' May Have Murdered Saudi Journalist, Trump Suggests

The Saudi government, it said, would shield the prince by blaming an intelligence official for the bungled operation. Trump also announced he'd dispatched Secretary of State Mike Pompeo to the kingdom - a...More..

Mega Millions winning numbers announced for $548 million jackpot
by | Monday, October 15, 2018

Mega Millions winning numbers announced for $548 million jackpot

Friday night and you can buy tickets up until 10:45 p.m.at retailers or online . The jackpot has grown since July, the last time a winning ticket was sold. There were 37 tickets that matched four white balls...More..

China trade surplus with U.S. widens to record $34.1 billion
by | Saturday, October 13, 2018

China trade surplus with U.S. widens to record $34.1 billion

China has responded by imposing counter tariffs, which the Trump administration alleges show political interference by targeting products from key states in next month's congressional elections. Treasury Secret...More..

China should prepare ‘more powerful’ steps to support economy - state media
by | Friday, October 12, 2018

China should prepare ‘more powerful’ steps to support economy - state media

Sixteen strategists see the yuan weakening to 7 to the dollar or higher at some point over the 12-month period, the highest number of respondents in the Reuters poll predicting that since August 2017. China's ...More..

Wall Street plunges as investors seek safety
by | Friday, October 12, 2018

Wall Street plunges as investors seek safety

At the closing bell in the New York Stock Exchange on Wednesday, the Dow Jones Industrial Average had lost 3.1 percent or 830 points to finish at 25,613.35, in the biggest fall in eight months. The Nasdaq ...More..

Fresh leaks in Khashoggi case Turkish press runs new pictures
by | Friday, October 12, 2018

Fresh leaks in Khashoggi case Turkish press runs new pictures

The fallout could reshape alliances in the region, where the U.S.is seeking to stabilize Syria, contain Iranian weapons development and support a Saudi-led coalition in Yemen's civil war. Turkish officials clai...More..

The Truth Behind Viral Facebook Message About Cloned Accounts
by | Tuesday, October 09, 2018

The Truth Behind Viral Facebook Message About Cloned Accounts

And people still do get hacked. "Occasionally Facebook accounts are cloned and the hackers will send your friend's phishing emails to dupe them into clicking on a link that will infect them", he explained. "I...More..