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USA blacklists more than 60 Chinese firms, including SMIC and DJI

As Reuters reports , the US Department of Commerce has added China's SZ DJI Technology Co., Ltd to the entity list. SMIC is a key champion of China's e...

Country is With the Enterprise and Wealth Creators, Says PM Modi

We have to increase our domestic investments in order to sustain this confidence: PM Narendra Modi . I want farmers' lives to improve. "The new agriculture...

At Covid deal impasse, US Congress agrees stopgap to avert shutdown

Among the unresolved issues in the COVID-19 relief negotiations are a Republican push to shut down the Treasury Department's and Federal Reserve's credit lendin...

Mass. unemployment rate falls to 6.7 percent, matching the United States figure

ME typically sees unemployment claims rise in mid-December as seasonal industries such as construction and landscaping lay off workers, the department said. U...

Wall St opens higher on stimulus hopes

Help for the US economy is seen as crucial for the global economy and the many exporters that rely on American demand to keep their own factories running. Retai...

United States blacklists top Chinese chipmaker, alleging military ties

While not as high-profile as Huawei , perhaps the most prominent member of the Entity List , SMIC has faced its share of scrutiny from the USA government in...

Dollar drops as progress on USA stimulus, Brexit deals sour safety bid

Stocks rose to record highs around the world on Wednesday as drugmakers rolled out COVID-19 vaccines and US congressional leaders expressed optimism about a sti...

Australia to File Complaint Against China at World Trade Organization

While some have said Australia should seek a truce with China, Canberra's conservative government is under growing pressure from farmers who face five years w...

Oil prices rise on vaccine optimism, weaker dollar

The West Texas Intermediate ( WTI ) for January delivery rose 63 cents to settle at 47.62 US dollars a barrel on the New York Mercantile Exchange, its highest...

European Union reveals plan to toughen rules for tech giants

One set of rules called the Digital Markets Act calls for fines up to 10 percent of annual turnover for online gatekeepers found breaching the new rules, a pe...

MacKenzie Scott announces sizable donations - Full show on CBS All Access

Scott, who divorced Jeff Bezos past year and received a reported $35 billion settlement, said in a Medium post that she and a team had looked at thousan...

Fed keeps rate near zero and sees brighter economy in 2021

By the end of 2021, the Fed expects the unemployment rate to fall to 5% from the current 6.7% - lower than the 5.5% rate it had forecast in September. "The ongo...

United States government labels Vietnam, Switzerland currency manipulators

Washington dropped the designation in January after the two countries reached trade agreements, but Beijing's yuan has remained on the Treasury Department's lis...

Crown Resorts (ASX:CWN) shareholders launch class action

The lawsuit also alleges that the casino and resorts business mislead investors and engaged in deceptive conduct, while also conducting its affairs in way which...

Expect big move if Nifty crosses 13,700: Manish Hathiramani

The BSE Sensex has hit a fresh high of 46,599.02 and the Nifty50 on the National Stock Exchange (NSE) touched a new record level of 13,666.45 points. The Nift...

US Commerce Confirms It Was Hacked; Treasury Reportedly Breached As Well

The company works widely with the federal government and hundreds of large US companies. Many use SolarWinds' Orion software to monitor their computer network...

In Mark Zuckerberg's Chat With Mukesh Ambani, Praise For Dhirubhai

Zuckerberg , whose WhatsApp Pay was finally given the nod to roll out payments last month after waiting for over two years in beta mode, said he would aim to ...

Aussie $14b coal industry in jeopardy as Chinese ban kicks in

The S&P/ASX 200 index fell 0.4% to 6,631.3, its lowest close in almost two weeks, after Chinese media outlets reported that the country's top economic planner h...

China's consumer spending gains steam to underpin growth

The country's better-than-expected exports in November surged 21.1 percent year on year to $268 billion, the fastest pace since February 2018, with global marke...

Amazon’s Zoox unveils robotaxi for future ride-hailing service

The company is yet to say when it will have a service open to the public. In October, Alphabet Inc.'s self-driving unit Waymo started a fully driverless taxi se...

Man arrested after climbing on wing of airplane at Las Vegas airport

As officers slowly approached him, the man slid down and fell onto the tarmac. Passengers recorded on their phones from inside the plane as the man then climbed...

European Union diplomat says 'narrow path' to a Brexit trade deal is 'visible'

The European Union and Britain said on Sunday they will " go the extra mile " to clinch a post-Brexit trade agreement that would avert New Year's chaos and c...

Retail inflation decreases to 6.93% in Nov from 7.61% in Oct

For instance, retail inflation for vegetables dropped to 15.63 per cent from 22.51 per cent while for fruits it came down to 0.27 per cent from 0.34 per cent. I...

Tata Sons to File Expression of Interest for Air India Today

These include bids from the Tata Group and a consortium comprising several of the airline's employees and a US-based investment firm, sources told The Indi...

Brexit talks pushed beyond deadline in bid to avoid no-deal scenario

On Sunday, British Prime Minister Boris Johnson and European Commission President Ursula von der Leyen ditched their latest self-imposed deadline, one of sever...

Ontario to administer first COVID-19 vaccines today

He added that while it's good news, the fight against COVID-19 is not over and Canadians must keep up their vigilance when it comes wearing masks and social dis...

Oil tanker off Saudi Arabia hit by blast in suspected attack

The Singapore-flagged ship, the BW Rhine, was conducting discharging operations when it was struck at 12:40 a.m. local time, according to Hafnia, the ship's ow...

Oil prices inch higher on hopes over Covid-19 vaccine

Brent crude rose $1.39, or 2.8%, to settle at $50.25 a barrel, gaining for a third day. Brent declined 20 cents to $50.05 per barrel, while West Texas Inter...

Virgin Galactic Aborted A Major Test Flight In Midair

Virgin Galactic's first attempt to reach suborbit from Spaceport America in southern New Mexico failed Saturday morning after the VSS Unity spaceship's rocket e...

£14bn class action suit against Mastercard to go ahead | London Business News

Today, Mastercard disagreed with the court's decision. The Supreme Court has today (11 December) dismissed Mastercard's efforts to thwart former financial...

Hyundai Motor Group to acquire controlling interest in Boston Dynamics from SoftBank

This transaction will unite capabilities of Hyundai Motor Group and Boston Dynamics to spearhead innovation in future mobility. After almost a quarter-century...

AstraZeneca buying drug developer in £30bn deal

Elliott first invested in Alexion in 2017 when the share price was only slightly lower than Friday's close of $120.98. It expects more growth from introducing...

Brexit Trade Hopeful But Unlikely

Shrewsbury and Atcham MP Daniel Kawczynski urged Prime Minister Boris Johnson to protect UK's waters from "illegal French fishing" in the case of a no-deal Berx...

Sanofi/GSK announce delay in Covid-19 vaccine project

But the drugmakers noted the efficacy of the vaccine in other age groups, saying that it "showed an immune response comparable to patients who recovered from CO...

Local pharmacists will be instrumental in rolling out COVID-19 vaccines

As California recorded a record of almost 35,500 positive coronavirus cases on Friday, Dec. 11, 2020, there is a glimmer of hope. The county expects to receive ...