uk inflation rate blunders to 3 percent first drop in the last six months

UK inflation rate blunders to 3%; first drop in the last six months

World Mohit Shah - Jan 16, 2018

The inflation rate slipped to 3% in December, lower from November's rate of 3.1%; this slowing rate of growth is seen as a compensation partly by higher tobacco prices. 

facebook planning to make changes in news feed for people well being

Facebook Planning to Make Changes in News Feed for People "well-being"

Technology Mohit Shah - Jan 12, 2018

Facebook CEO Mark Zuckerberg says that the company plans to transform News Feed that will show you more content from friends & family and less from publishers.

oil prices surge to three year high reaching close to dollar 70 a barrel

Oil prices surge to three-year high reaching close to $70 a barrel

Market Mohit Shah - Jan 11, 2018

On Wednesday, the price of Brent crude oil has been reported at $69.37; this has brought good news for oil producers after a gap of three rough years.

huaweis deal with us takes a quick fall

Huawei’s deal with U.S. takes a quick fall

Company Mohit Shah - Jan 10, 2018

China’s telecommunication major, Huawei, revealed that the firm’s desire to sell smartphones in the U.S. has collapsed due to security concerns. 

samsung estimates record profits in fourth quarter however figures fall short of anticipations

Samsung estimates record profits in fourth-quarter; however, figures fall short of anticipations

Company Mohit Shah - Jan 09, 2018

On Tuesday, Samsung Electronics said it was anticipating record operating profit close to 15.1 trillion Korean won ($14.1 billion) considering the December quarter.

chinas electric start up firm byton unveils smart car with futuristic features

China’s electric start-up firm, Byton, unveils smart car with futuristic features

Technology Mohit Shah - Jan 08, 2018

Byton has revealed its first concept car model at the Consumer Electronics Show (CES) which took place in Las Vegas; the manufacturing firm has been financially supported by China itself.

uber former ceo plans to sell 29 percent stake in company

Uber Former CEO Plans to sell 29% Stake in Company

Company Mohit Shah - Jan 05, 2018

Travis Kalanick plans to sell the stake of about $1.4 billion in the tender offer for Uber shares by a SoftBank-led consortium, the people involved in the matter said on Thursday. 

us restricts sale of moneygram to chinas ant financial

US restricts sale of Moneygram to China’s Ant Financial

Company Mohit Shah - Jan 04, 2018

The United States has choked the deal for money transfer firm Moneygram worth $1.2bn (£880m) to China's Ant Financial, Alibaba’s digital payments wing.

security faults in intel chips create risk for phones and computers

Security faults in Intel chips create risk for phones and computers

Technology Mohit Shah - Jan 04, 2018

On Wednesday, security researchers unveiled a set of security flaws which they mentioned can allow hackers steal vital information from almost every modern phone and computer that contains chips from

elon musk announces teslas plan to launch a pick up truck

Elon Musk announces Tesla’s plan to launch a pick-up truck

Technology Mohit Shah - Dec 29, 2017

As a response to all the questions asked frequently, Elon Musk has delivered a promise regarding the pick-up truck being made "right after" Tesla’s Model Y crossover launches during 20

china aircraft confirms to buy 50 airbus jets valued 542 bn

China Aircraft Confirms to Buy 50 Airbus Jets Valued $5.42 Bn

Company Mohit Shah - Dec 29, 2017

China Aircraft Leasing Group Holdings Ltd. agreed to buy 50 Airbus SE single-aisle airliners that have a combined list price of $5.42 billion.

apple apologizes for iphone slowing down issue in older models

Apple Apologizes for iPhone slowing Down Issue in Older Models

Technology Mohit Shah - Dec 29, 2017

Apple’s chief executive Tim Cook apologized to customers Thursday for not being clear that the company slows down phones with aging batteries.

hyundai heavy industries group moving forward by selling new shares

Hyundai Heavy Industries Group Moving Forward by Selling New Shares

Company Mohit Shah - Dec 26, 2017

South Korea's Hyundai Heavy Industries Group, plans to raise about 1.29 trillion won by selling new shares for working capital amid decreasing orders in the global industry.

aston martin plans to recall more than 5500 vehicles in the united states

Aston Martin plans to recall more than 5,500 vehicles in the United States

Company Mohit Shah - Dec 26, 2017

British sportscar manufacturer, Aston Martin, is set to recall over 5,500 vehicles in the U.S. as a result of faults detected with powertrains and battery cables.

apple charged with lawsuits over its slower iphones

Apple charged with lawsuits over its slower iPhones

Market Mohit Shah - Dec 26, 2017

As per active reports, the tech giant Apple has been charged with two class action lawsuits in the U.S. following the company’s admittance that the older iPhone models are slowed down with age.

gold demand in asia become softer due to higher prices slow holiday trade

Gold demand in Asia Become Softer Due to Higher Prices, Slow Holiday trade

Market Mohit Shah - Dec 22, 2017

The demand for gold across major centers in Asia were unresponsive ahead of the holiday weekend as a modest bounce in prices weighed on investor desire.

amazon prime might face serious investigation due to delivery criticisms

Amazon Prime might face serious investigation due to delivery criticisms

Technology Mohit Shah - Dec 21, 2017

Amazon's service offering next-day deliveries might be investigated as a result of customer complaints regarding the e-commerce giant’s failure to fulfill the promise.

boeing bombardier trade dispute comes into spotlight

Boeing-Bombardier trade dispute comes into spotlight

Company Mohit Shah - Dec 19, 2017

On Monday, U.S. planemaker Boeing claimed that Bombardier Inc. has profited billions of dollars through illegal government subsidies.

cme group initiates bitcoin trading

CME Group initiates Bitcoin trading

Market Mohit Shah - Dec 18, 2017

Last night, Bitcoin futures acquired a huge boost as CME Group, the world’s biggest futures exchange, initiated its trading concerned with the financial futures market.

china will cut export taxes on few steel products and fertilisers

China will Cut Export taxes on Few Steel Products and Fertilisers

World Mohit Shah - Dec 15, 2017

China will stop export taxes for some steel products and import tariffs on steel slag from Jan. 1 2018, as part a series of changes announced by the Ministry of Finance.

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