http://ste.india.com/sites/default/files/2018/09/20/721486-jet-passenger.jpg

Finance

This led to an imbalance in the cabin pressure and oxygen masks were deployed with which most passengers breathed. The Jet Airways flight to Jaipur had to turn back as the alarming symptoms became apparent, the airline said, with one traveller describing "panic" on board.
  • Alibaba co-founder and China’s richest man announces retirement

    Alibaba co-founder and China’s richest man announces retirement

    Finance

    While Ma has been serving as Alibaba's executive chairman after handing the CEO title to David Zhang in 2013, the New York Times reports that Zhang is a candidate to take over his chairman duties. "With political stability, social safety and 6 percent-plus economic growth, we have the best business environment". The New York Times reported on Friday that Ma would retire from the e-commerce company on Monday as the former English teacher seeks to focus on philanthropy in education.
  • Amazon joins Apple in $1 trillion club

    Amazon joins Apple in $1 trillion club

    Finance

    For graphic on Amazon vs Apple , click https://reut.rs/2PwtdRg Amazon also provides video streaming services and bought upscale supermarket Whole Foods. Amazon's share prices slightly receded after hitting the milestone, trading for $2036.95 at the time of writing. Now, just a month and change later, Amazon has done the same - however briefly.
  • Ayana Pressley: African-American woman wins MA primary

    Ayana Pressley: African-American woman wins MA primary

    Finance

    Pressley is backed by Alexandria Ocasio-Cortez, the leftist socialist who defeated Crowley in NY on a message of pushing to "Abolish ICE". Pressley won the Democratic nomination for Massachusetts' 7th Congressional District, defeating Democratic Rep.
  • Petrol, diesel prices hit fresh high, go up for 10th consecutive day

    Petrol, diesel prices hit fresh high, go up for 10th consecutive day

    Finance

    In Kolkata , the price of petrol has been increased to ₹82.22 per litre while the diesel price has gone up to ₹74.19 per litre. On September 3, 2018, the price of petrol in the city was Rs. Since August 16, petrol prices have risen by over Rs 2 per litre. OPEC (Organisation of the Petroleum Exporting Countries) had promised that it will raise production by one million barrels per day, which was not raised.
  • Mzwandile Mbeje on President Cyril Ramaphosa's visit to China

    Mzwandile Mbeje on President Cyril Ramaphosa's visit to China

    Finance

    It carried a central theme that a win-win cooperation was ideal and necessary. The Chinese projects in Africa include the Ethiopia-Djibouti railway and Kenya's standard gauge railway from Mombasa to Nairobi. "No country has done that for us". China welcomes Africa's participation in the Silk Road International League of Theaters, the Silk Road International Museum Alliance and the Network of Silk Road Art Festivals.
  • Trump threatens to end NAFTA

    Trump threatens to end NAFTA

    Finance

    In Charlotte, Trump added that if the USA does not reach a deal with Canada, "that's just fine", offering a variation of one of the lines leaked to the Toronto Star paper: "I say affectionately, we'll just have to tariff those cars coming in, that's a lot of money coming into the coffers of the United States ".
  • Pipeline limbo: Court halts Trans Mountain construction

    Pipeline limbo: Court halts Trans Mountain construction

    Finance

    The Federal Court of Appeal ruled that the National Energy Board (NEB) regulator wrongly narrowed its review of the project to exclude related tanker traffic. "The court decision was not a condition of the transaction between KML and the federal government". "We will analyze this decision and respond promptly", he said.
  • California Lawmakers Pass Net Neutrality Bill

    California Lawmakers Pass Net Neutrality Bill

    Finance

    Jerry Brown's desk, where a signature from the governor will restore tight internet regulations to the nation's most important market. Republicans on the California Assembly floor said the bill was "going too far" and overstepped its authority on something the federal government should deal with, reports the Los Angeles Times .
  • Notes Ban An Assault, Not Mistake, Says Rahul Gandhi, Targeting PM

    Notes Ban An Assault, Not Mistake, Says Rahul Gandhi, Targeting PM

    Finance

    This means that just Rs 10,720 crore of the junked currency notes did not return to the banking system. The demonetisation was hailed as a step that would curb black money, corruption and check counterfeit currency but RBI said, " Counterfeit notes detected in SBNs decreased by 59.7 and 59.6 per cent in the denominations of Rs 500 and Rs 1,000, respectively".
  • What's Next for Tesla as a Public Company?

    What's Next for Tesla as a Public Company?

    Finance

    Tesla's shares, already down almost 15 percent from a peak on August 7 when Musk tweeted that he had "funding secured" for a buyout at $420 a share, initially fell more than 5 percent in European and premarket trading in NY. In addition to its interest in Tesla, the Saudi sovereign wealth fund is considering an investment in aspiring US electric-car maker, Lucid Motors Inc., one of the people said.
  • Texas Exports More Oil Than It Imports for First Time in History

    Texas Exports More Oil Than It Imports for First Time in History

    Finance

    Distillate fuels stockpiles, which include diesel and heating oil, fell by 1.3 million barrels, compared with expectations for a 207,000-barrel gain, the API data showed. Oil prices rose 3%, with Brent crude futures hitting a three-week high. Iran is the third-biggest producer within the Organization of the Petroleum Exporting Countries (OPEC), exporting on average around 2.5 million barrels per day (bpd) of crude and condensate this year, equivalent to around 2.5 percent of global ...
  • Trump knocks former lawyer in tweet after Cohen’s guilty plea

    Trump knocks former lawyer in tweet after Cohen’s guilty plea

    Finance

    Although Manafort left Trump's campaign a couple of months before Election Day, it's still an embarrassment to be associated with him, as Trump invariably is. The investigation into Cohen focused on a $130,000 payment the lawyer facilitated to Stormy Daniels to keep her quiet about her allegation of a 2006 affair with Trump.
  • Australian prime minister could quit Friday

    Australian prime minister could quit Friday

    Finance

    If Dutton's supporters succeed, Turnbull is likely to be ousted without completing three years in power, and whoever replaces him will become Australia's seventh prime minister in a decade. Dutton late on Thursday published his own legal advice but should Australia's Solictor-General raise concerns, the leadership prospects for the senior Cabinet minister would be severely dented.
  • Trump asks SEC to let companies file financial reports every six months

    Trump asks SEC to let companies file financial reports every six months

    Finance

    The idea came from an unnamed "top business leader", Mr. Trump wrote, although the idea has been bandied around for decades. The president did not name the leaders. Still, Van Sinderen cautions, six months can be a long time for smaller companies - particularly those shouldering hard challenges - and can lead to other issues should those two reports differ drastically.
  • Turkey has more to ‘lose’ in Apple boycott

    Turkey has more to ‘lose’ in Apple boycott

    Finance

    Following the announcement, the lira firmed briefly to 5.8699 from 6.04 to the USA dollar, but later eased back to 6.0200 at 1538 GMT. Upholding a lower court's decision earlier this week , the higher court also ruled against lifting a travel ban imposed on Mr Brunson .
  • Turkey Increases Tariffs on US Products

    Turkey Increases Tariffs on US Products

    Finance

    Washington warned more economic pressures may be in store for Turkey if it refuses to release Brunson, a White House official said on Tuesday. The lira was trading at 6.3 to the dollar, a gain in value on the day of 0.8%. American pastor Andrew Brunson is being held on terrorism charges in Turkey, facing up to 35 years in prison for his alleged role in a failed coup in 2016.
  • U.S. sanctions on Iran to heat oil markets again: IEA

    U.S. sanctions on Iran to heat oil markets again: IEA

    Finance

    The futures markets were further weakened late in the session after data from industry group the American Petroleum Institute (API) showed that US crude stocks unexpectedly rose by 3.7 million barrels the week-ending August 10, compared with analysts' expectations for a drawdown of 2.5 million barrels.
  • Erdogan Vows to Boycott U.S. Electronic Goods Amid Pastor Spat

    Erdogan Vows to Boycott U.S. Electronic Goods Amid Pastor Spat

    Finance

    President Donald Trump tries to secure the release of Andrew Brunson , a 50-year-old American pastor being tried in Turkey on espionage and terrorism-related charges. Salim bin Mubarak Al Shafi, Qatar's ambassador to Turkey, said his country would continue to support Turkey, adding that the emir's visit demonstrated the "depth" of the two countries' relations.
  • Rupee breaches 70/$ as investors turn jittery over Turkish currency turmoil

    Rupee breaches 70/$ as investors turn jittery over Turkish currency turmoil

    Finance

    Lira is the national currency of Turkey , and a crisis has spooked investors, economists and policy makers, leaving them on a shaky ground. The rupee recovered from all-time low of 69.91, gaining 11 paise to 69.80 against the U.S. The US dollar exchange rate with the lira has traded between 6.6 and 6.8 for most of today's session after briefly spiking above 7 on Monday. However, soon afterwards, the Reserve Bank of India (RBI) is said to have intervened in the open market to curb the ...
  • Taiwanese firms in Turkey face risk as local currency crashes

    Taiwanese firms in Turkey face risk as local currency crashes

    Finance

    Turkey's central bank tightened liquidity Tuesday while local retail accounts sold dollars to take profit from the lira's slide, buoying the currency . "What do you want to do?" Erdogan has also urged Turks to extend their hospitality to tourists, who were bringing dollars into the country at a critical time.
  • Elon Musk says Saudi Arabia could finance bid to take Tesla private

    Elon Musk says Saudi Arabia could finance bid to take Tesla private

    Finance

    On Tuesday he tweeted that he had secured funding to buy all Tesla shares and take the company private . For Saudi Arabia , an investment in Tesla could act as a hedge against the long-term decline of oil. I will now continue to talk with investors, and I have engaged advisors to investigate a range of potential structures and options. Musk said he has continued to communicate with the sovereign fund's managing director since last week, and that the managing director has "expressed ...
  • Let’s double down on Turkey sanctions

    Let’s double down on Turkey sanctions

    Finance

    By noon Friday, it had fallen again, hovering around 6.15. In the past, the country has turned to conventional solutions, such as bailout loans and economic reforms through the International Monetary Fund (IMF), which has provided tens of billions in assistance .
  • Oil prices rise after USA renews sanctions against Iran

    Oil prices rise after USA renews sanctions against Iran

    Finance

    International Olympic Committee has signed a contract to buy about 6 million barrels of USA crude oil under single tender for delivery in November 2018 to January 2019, he said. USA sanctions on Iran's energy sector are set to be re-imposed after a 180-day "wind-down period" ending on November 4. Oil from American fields was among goods the Chinese had designated as subject to eventual tariffs on a list in June.
  • Elon Musk isn't kidding, Tesla board confirms TSLA could go private

    Elon Musk isn't kidding, Tesla board confirms TSLA could go private

    Finance

    The panel, which has stepped up its scrutiny and blocked some deals lately, could impose conditions, including limits on control of the company and information sharing. As a public company, we are subject to wild swings in our stock price that can be a major distraction for everyone working at Tesla, all of whom are shareholders.
  • China threatening tariffs on $60 billion worth of US goods

    China threatening tariffs on $60 billion worth of US goods

    Finance

    On June 18th, President Trump directed U.S. Trade Representative Robert Lighthizer to identify another $200 billion worth of Chinese goods for additional tariffs at a 10 percent rate. Concerns about the trade war have already affected China's currency, which has fallen nearly 9% against the dollar since April. The Chinese government calls its response 'rational'.
  • Conor McGregor to return against Khabib Nurmagomedov at UFC 229

    Conor McGregor to return against Khabib Nurmagomedov at UFC 229

    Finance

    Around this time a year ago, McGregor was in Los Angeles alongside Floyd Mayweather at a massive press event . McGregor also has resolved his legal troubles after throwing a hand truck at a bus containing UFC fighters during a one-man rampage last April at Brooklyn's Barclays Center.
  • Oil steadies to trade higher after losses Oil&Gas 09:55

    Oil steadies to trade higher after losses Oil&Gas 09:55

    Finance

    South Korea's imports of USA crude jumped more than fourfold to 14.1 million barrels in the first half of the year from a year ago, according to data from state-run Korea National Oil Corp. A supertanker arriving South Korea in October for SK Energy hold 500,000 barrels of Mars crude, along with other grades such as West Texas Intermediate (WTI) Midland, the sources said, while GS Caltex bought 2 million barrels of Mars.
  • Vietnam posts $3.1-billion trade surplus in Jan-July

    Vietnam posts $3.1-billion trade surplus in Jan-July

    Finance

    American companies have started to feel the pinch as well from global steel and aluminum tariffs and the first tranche of China-specific duties that cover just $34 billion of imports. Canada's absence from this week's talks raised suspicions that the United States was pursuing a divide-and-conquer strategy with its two trading partners, isolating Canada to pressure it into agreeing with whatever the USA and Mexico came up with.
  • Wisconsin sales tax holiday about to begin

    Wisconsin sales tax holiday about to begin

    Finance

    School supplies priced at $50 or less per item: includes textbooks, notebooks, paper, writing instruments, crayons, art supplies, rulers, book bags, backpacks, handheld calculators, graphing calculators , chalk, maps, and globes. There is no estimate of how much local governments lose from the weekend, but the cost to the state has been about $3.3 million to $3.4 million annually, according to data from the state Taxation and Revenue Department.
  • Hundreds Reportedly Get Sick At Ohio Chipotle, Restaurant Closes

    Hundreds Reportedly Get Sick At Ohio Chipotle, Restaurant Closes

    Finance

    Chipotle Mexican Grill Inc ( CMG .N) has shut a restaurant in OH following reports of customers falling sick after eating there, the burrito chain said on Monday. Wells Fargo & Company MN now owns 92,320 shares of the restaurant operator's stock valued at $29,830,000 after purchasing an additional 1,907 shares during the period.
  • Ready to meet Iranian President, says Trump

    Ready to meet Iranian President, says Trump

    Finance

    Iranian officials reacted skeptically on Tuesday to President Donald Trump's comments that he's willing to negotiate with his Iranian counterpart, saying instead that if Trump wants talks, he needs to rejoin the worldwide nuclear deal he unilaterally pulled out of earlier this year.
  • Apple is first public company worth $1 trillion

    Apple is first public company worth $1 trillion

    Finance

    Other technology companies with high-flying, trendy stocks are expected to join Apple in the $1 trillion club before long. Jobs, who died in 2011, was succeeded as chief executive by Tim Cook, who has doubled the company's profits but struggled to develop a new product to replicate the society-altering success of the iPhone , which has seen sales taper off in recent years.
  • Tesla shares rise despite biggest quarterly loss yet

    Tesla shares rise despite biggest quarterly loss yet

    Finance

    Musk also tweeted that developer applications must show prior work and that he's looking for games with "max playability & creativity". "It's not right", he told an analyst from RBC Capital Markets. The company said it has cut back on capital spending by changing its strategy to produce the Model 3 on existing assembly lines, one in a giant tent, rather than adding all-new lines.
  • Donald Trump, EU's Juncker agree to ease trade tensions

    Donald Trump, EU's Juncker agree to ease trade tensions

    Finance

    The commission, which manages trade relations on behalf of all 28 nations in the European Union , is preparing a list of retaliatory measures on American goods worth $20 billion should the US impose auto tariffs, Malmstrom said. Trump announced a similar reprieve with China in May , only to impose tariffs. "We have a number of areas on which to work together", he said. Earlier this year Trump introduced a 25pc tariff on steel imports, and 10pc on aluminium.
  • After Facebook Stock Plunge, Mark Zuckerberg Worth Less Than Warren Buffett

    After Facebook Stock Plunge, Mark Zuckerberg Worth Less Than Warren Buffett

    Finance

    Adding fuel to the fire, Facebook expects total revenue growth to decelerate in the second half of 2018, and revenue growth rates to decline by high single-digit percentages from prior quarters sequentially in both Q3 and Q4. Facebook's results prompted selling in other Nasdaq listings, including media and advertising rivals Amazon.com Inc, Netflix Inc and Alphabet Inc.
  • Trump administration plans $12 billion bailout for U.S. farmers hurt by tariffs

    Trump administration plans $12 billion bailout for U.S. farmers hurt by tariffs

    Finance

    The move, which includes several types of assistance, could strengthen Trump's political position ahead of his trade negotiations with European Commission President Jean-Claude Juncker on Wednesday. "And we as farmers are playing the dupes again in this whole process", said Wisconsin farmer Michael Slattery who grows soybeans, corn, wheat and alfalfa with his wife on 300 acres in Maribel, Wisconsin.