HSBC Laying Off British IT Workers, Sending Jobs To China, India, Poland As Part Of Restructuring Plan
Europe’s largest bank is in the process of cutting a fifth of its global workforce, including thousands of U.K.-based jobs.
Warren Buffett’s Berkshire Hathaway Buys Apple Inc. (AAPL) Stake, Raises Position In IBM (IBM)
The legendary billionaire investor has traditionally shunned investments in the technology sector.
Apple’s Tim Cook To Meet Indian PM Narendra Modi During India Visit This Week: Report
The news comes the same day the Apple CEO visited China after suffering a series of setbacks in its biggest overseas market.
Climate Change-Induced Floods Would Affect Over A Billion People By 2060, Report Warns
By 2060, people living in low-lying coastal areas, mainly in the U.S., China and India, could be affected by an “irreversible and unavoidable” sea level rise, a new report warns.
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India Successfully Test-Fires Indigenously Developed Supersonic Interceptor Missile
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Global Oil Markets Heading Toward Balance On The Back Of ‘Dramatic Reduction’ In Stocks, IEA Says
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Conflicts, Disasters Displaced Nearly 28 Million People Worldwide In 2015, Report Shows
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Xiaomi Mi Max: Can 6.4-Inch Smartphone Turn Chinese Company's Fortunes Around?
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Saudi Aramco Preps For IPO With Global Expansion, Increased Oil Output Plans
The CEO of the world’s largest oil company said Tuesday it is eyeing expansion around the world and is planning “significant growth” in output in 2016.
Uber, Lyft Lose Austin, Texas, Referendum After Spending Millions To Change Ride-Hailing Rules
The ride-hailing companies poured millions into an effort to change the Texas capital's ordinances on taxi services.
The Cost Of Donald Trump Deporting Every Undocumented Immigrant? Economists Worry, Report Finds
Deporting everybody living illegally in the United States and preventing every future unlawful entry would cost more than some have let on.
Tim Cook Is Wrong: The Problem For Apple Inc. (AAPL) In India Is Not LTE, It’s Price
Despite year-on-year growth of 56 percent in the last quarter, Apple holds just 2.5 percent of the Indian smartphone market.
‘Uber-Lyft Ordinance’: Ride-Booking Companies Have Spent $8.1M To Ban Fingerprinting Drivers In Texas State Capital
After being bombarded by $8 million in spending from the ride-sharing companies, voters will decide Saturday on an ordinance that could see the companies leave Austin.
India, US In Talks Over Anti-Submarine Warfare Amid China’s Growing Undersea Activities In Indian Ocean
The move comes amid growing concerns over China’s increased undersea activities in the Indian Ocean, a report said.
Will The World Have Enough To Eat In 2050? Study Suggests Urban Growth Could Cause Problems In Developing World
A recent report shows that as the urban population swells in the coming decades, there could be problems with the food supply.
Valve Begins Accepting Bitcoin As Payment Method On Steam
Steam, the digital distribution platform developed by Valve, will accept bitcoin as payment, an important option in countries where access to credit cards is limited.
South China Sea Row: Beijing Working On 5-Year Plan For International Cooperation In Disputed Region
Beijing is engaged in a long-standing territorial dispute in the South China Sea with several countries including the Philippines, Taiwan and Vietnam.
Global Stocks Fall After Bank Of Japan Fails To Provide Stimulus Boost
Stock markets traded broadly lower Thursday as investors reeled under the Bank of Japan’s decision to hold fire on stimulus.
Xiaomi Hopes Smart Home Products Can Replace Falling Smartphone Sales
The Chinese internet company is looking to double smart home sales in 2016 amid a slowing smartphone market.
Ford Motor Co. (F) Q1 2016 Earnings: Look For Automaker To Address Cooling China Market, North America Profit, Ongoing Rebound In Europe
The U.S. automaker has turned around its European operation, and demand for its trucks is offsetting weakness in South America.
India’s Supreme Court Wants To Know If Condom Ads Are Too Sexy, Obscene
A long-running case has reached the country’s highest court, which has sought the government’s views on whether the images breach obscenity laws.
Asia Stocks Slip, Europe Subdued Ahead Of BOJ, US Fed Meetings; Oil Surges Amid Prospects Of Easing Glut
The U.S. Federal Reserve will make its monetary policy announcements Wednesday, while the Bank of Japan will review its policy Thursday.
Libya’s Rebel Government’s First Crude Oil Shipment Runs Into Trouble In Malta
The ship, reportedly destined for a buyer in the United Arab Emirates, was barred entry by Malta and is currently anchored in international waters off the Mediterranean island.
Exiled Tibetans Re-Elect Leader To Spearhead Autonomy Drive
Lobsang Sangay, who has led the 150,000-odd Tibetan diaspora since 2011 when the Dalai Lama relinquished his political power, won 57 percent of the almost 60,000 votes cast.
Apple (AAPL) Q1 Earnings: Better-Than-Expected iPhone Sales Fail To Stop Revenue Decline
The tech company's revenue and profits were both down for the quarter ending in March, as sales of iPhones and iPads both declined.
India Orders Panic Button On Mobile Phones Amid Women’s Safety Fears
Beginning in January 2018, mobile phones must also have built-in GPS, the country's ministry of communications and technology said.
‘Game Of Thrones’ Season 6 Ratings: Live Viewership Slips, Legal Streaming Rises, Free Torrents Abound
Just under 8 million people tuned in for the premiere of the HBO mega-hit, but pirates and streamers rose the bar.
Global Stock Markets, Boosted By Earnings, Remain Wary Ahead Of Central Bank Meetings
Investors are still treading cautiously ahead of meetings of the U.S. Federal Reserve Wednesday and the Bank of Japan Thursday.
India, Pakistan Diplomats Meet After Months-Long Hiatus
Dialogue between the two countries had been derailed by a raid in January on an Indian army base that killed seven troops.
Chinese Billionaire Jia Yueting Calls Apple Obsolete, Says LeEco Plans To Surpass Tesla
Jia Yeuting, the billionaire entrepreneur behind Chinese conglomerate LeEco, has taken aim at Apple and Tesla.
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