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Axis Bank’s stock broking arm becomes first in India to offer commodity derivatives trading
The stock-broking arm of India’s Axis Bank on Monday began offering commodity derivatives trading on the Multi Commodity Exchange platform, making it the first subsidiary of a bank to offer the service.
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Billion dollar IPOs! Chinese bitcoin mining equipment makers aim Hong Kong stock market to raise money
Three of the world’s largest bitcoin mining equipment makers plan to raise billions of dollars with initial public offerings in Hong Kong, even as other companies report plunging demand for the chips needed to make bitcoin and a halving in the price of the cryptocurrency.
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Elon Musk’s U-turn on Tesla deal could intensify his legal, regulatory woes
It was on August 7 that Musk first surprised investors with his plan by tweeting that he had “funding secured” for a go-private deal, which would have had a value of $72 billion.
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Mass shooting reported in Jacksonville, Florida
There was a mass shooting in Jacksonville Landing, Florida, on Sunday, the local sheriff’s office said, adding the public should avoid the area.
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Magnitude 6.1 quake hits Iran, felt in Baghdad: Report
A shallow, magnitude 6.1 earthquake struck about 55 miles (88 km) west-northwest of Kermanshah, in western Iran early on Sunday
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Maersk sends first container ship through Arctic route
A Maersk vessel loaded with Russian fish and South Korean electronics will next week become the first container ship to navigate an Arctic sea route that Russia hopes will become a new shipping highway.
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Volunteers step forward: Belgian scientists look for poo donors
Belgian scientists are looking for people to donate their faeces to help with research into illnesses ranging from bowel disorders and allergies to neurological diseases.
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Peru earthquake: Deep magnitude 7.1 strikes northwest of Puerto Maldonado
A magnitude 7.1 quake struck nearly 250 km (155 miles) northwest of Puerto Maldonado, Peru, in the early hours of Friday at a depth of 610 km, the U.S. Geological Survey said.
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Pakistan disputes US account of call between Pompeo and Imran Khan, says it is factually incorrect
Pakistan has called for the United States to amend what its foreign ministry described as a “factually incorrect” account of a phone call between U.S. Secretary of State Michael R. Pompeo and new Prime Minister Imran Khan.
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India, China agree to expand military ties after defence talks
India and China have agreed to expand their military ties and enhance interaction to ensure peace on their common border, India said after a meeting between the old rivals’ defence ministers.
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Alibaba revenue beats on strength in e-commerce, cloud businesses
Alibaba Group Holding Ltd , the world’s biggest online retailer, topped first-quarter revenue estimates on Thursday, driven by growth in its core e-commerce business.
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World Bank launches world-first blockchain bond
The World Bank has priced the world’s first public bond created and managed using only blockchain in a A$100 million ($73.16 million) deal designed to test how the technology might improve decades-old bond sales practices.
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US tariff fears: Asian shares fall as deadline for fresh taxes on China looms
Asian shares slipped on Thursday as a deadline loomed for fresh U.S. tariffs on China and amid speculation U.S. President Donald Trump’s political position could be threatened by the legal woes of two former advisers.
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US, China officials meet as tariff deadline looms
US and Chinese officials met for the first time in more than two months to try find a way out of their deepening trade conflict.
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US Federal Reserve suggests interest rate hike could come soon
US central bankers discussed raising interest rates soon to counter excessive economic strength.
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Afghanistan not to attend peace talks in Moscow with Taliban
Afghanistan will not attend peace talks hosted by Russia, two senior government officials said on Wednesday, a decision that could scupper Moscow’s plans for a multinational conference also involving the Taliban to discuss the future of the country. The decision not to attend the Moscow conference scheduled for Sept. 4 came just hours after Afghanistan’s […]
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Donald Trump slams Michael Cohen, lauds Manafort after twin legal blows
US President Donald Trump, in tweets about the stunning legal setbacks involving two of his former lieutenants, on Wednesday attacked the one who has turned on him and defended the one who has remained loyal.
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Jet Airways to discuss turnaround at Monday board meeting
Cash-strapped Indian carrier Jet Airways will discuss ways to cut costs and turn its business around when its board of directors meets on Monday, the airline said on Wednesday.
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China Xiaomi’s Q2 revenue soars 68 pct, driven by smartphones, internet devices
Chinese smartphone maker Xiaomi Inc reported its second-quarter revenue surged 68.3 percent, as strong smartphone sales complemented a jump in revenue at its smaller, but fast-growing connected devices business.
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NASA chief excited about prospects for exploiting water on the moon
NASA Administrator Jim Bridenstine has a vision for renewed and “sustainable” human exploration of the moon, and he cites the existence of water on the lunar surface as a key to chances for success.
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PM Narendra Modi meets Chinese defence minister as relations between India-China warm further
Chinese Defence Minister Wei Fenghe praised relations with India, describing them during a meeting with Prime Minister Narendra Modi as a friendship dating back to ancient times, as relations between the two countries warm further.
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Dollar weakness lingers, US-China trade talks in focus
The dollar sagged on Wednesday, as US President Donald Trump’s comments on monetary policy continued to weigh on the greenback.
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Powerful quake hits Venezuela coast, damage limited so far
A major earthquake of magnitude 7.3 struck Venezuela’s eastern coast, home to largely poor fishing communities.
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Donald Trump’s ex-aide Paul Manafort found guilty on eight of 18 charges
Former Trump campaign chairman Paul Manafort was found guilty on Tuesday on eight charges of tax and bank fraud
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Tesla-rival Lucid might be funded out of Saudi as well
With recent news of Tesla’s privatisation, it would seem that more Electric vehicle manufacturers are looking to Saudi Oil money for funds to continue their manufacture
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PepsiCo puts fizz into healthy drinks with $3.2 bln SodaStream purchase
PepsiCo will pay $144 per SodaStream share in cash, representing a 10.9 percent premium to Friday’s closing price of SodaStream’s U.S.-listed stock and a 32 percent premium to its 30-day average.
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Multiple earthquakes rock Indonesia’s Lombok island, two dead
Multiple earthquakes — including a powerful and shallow 6.9-magnitude tremor — struck Indonesia’s Lombok, killing at least two people and sending fresh panic coursing through the already battered island.
