by | February 17, 2018 | 09:48

He grew up in Belgium, dropped out of Wharton School at 19 to join the diamond business and his flagship company Firestar Diamond sources and distributes diamonds. Modi (46), who had figured in the Forbes' list of richest Indians, was booked by the CBI for cheating after PNB sent a complaint to it alleging that the jewellery firm owner, his brother, wife and Choksi entered into a criminal conspiracy with the officials of the bank and cheated it, causing a "wrongful loss".

by | February 16, 2018 | 02:08

Alleghany Corp increased its stake in Comcast Corp New (CMCSA) by 15.39% based on its latest 2017Q3 regulatory filing with the SEC. The fund owned 157,505 shares of the oil and gas company's stock after selling 1,390 shares during the period.

by | February 14, 2018 | 18:00

Economists said the stubbornly high inflation in January meant United Kingdom households were faced in the near-term with falling living standards and rising mortgage bills. Digestive enzymes and antacids, which have a 0.22 per cent in IIP , continued to be the top contributors for the IIP growth in December, followed by cement, electricity, diesel and two-wheelers.

by | February 10, 2018 | 02:58

The Dow Jones Industrial Average dropped by 1,032 points on Thursday , or 4.15 percent, closing at 23,860.46. The Dow Jones Industrial Average fell 19.42 points, or 0.08 percent, to 24,893.35. Bulls are saying that strong United States corporate earnings, including a boost from President Donald Trump's tax cuts, will result in the continued growth of U.S.

by | February 10, 2018 | 02:57

Germany's embattled Social Democratic leader Martin Schulz abruptly dropped his bid to become Chancellor Angela Merkel's next foreign minister, saying an outcry over his claim to the post endangers a critical membership vote to end the country's political impasse.

by | February 05, 2018 | 05:21

At the same time, USA shale drillers won't be able to meet all the growing demand, the bank says. Production has beaten its previous peak even though there are fewer than half the number of rigs drilling for oil compared with before the slump.

by | February 04, 2018 | 00:58

The Dow Jones Industrial Average plunged more than 500 points on Friday as a strong report boosted bond yields and bolstered expectations that the U.S. The Standard & Poor's 500 index gave up 19 points, or 0.7 percent, to 2,802. The stock added $6.20 to $193.09. Stocks were lifted earlier by a surge in Boeing (BA.N) which forecast better-than-expected full-year profits and said it expects to deliver a record number of commercial aircraft in 2018, sending its shares up 4.9%.

by | February 02, 2018 | 12:20

As part of the study, 25 people were exposed to varying levels of nitrogen dioxide for three hours to investigate the possible health effects of the chemical compound in concentrations below the limit for workplaces, Uniklinik RWTH Aachen said in a statement .

by | February 01, 2018 | 00:19

The stock of Nordstrom, Inc. Easterbrook said the company will continue to emphasize affordability and convenience in an effort to maintain customers. Canaccord Genuity maintained the stock with "Hold" rating in Friday, January 5 report. Credit Suisse maintained it with "Outperform" rating and $128 target in Wednesday, November 11 report.

by | January 31, 2018 | 04:14

Bitcoin's value skyrocketed from just under $1000 to almost $14,000 per coin in 2017, prompting a wave of new investors and alternative cryptocurrencies coupled with a wave of opportunists looking to take advantage of crypto neophytes. The company has issued a strong statement with this new ad policy which bans cryptocurrencies. Facebook allows ads for sensitive financial topics, with some restrictions.

by | January 28, 2018 | 01:59

Activists in the United Kingdom are calling on British Prime Minister Theresa May to withdraw an invitation to Saudi Crown Prince Mohammed Bin Salman, who is expected to visit within a few weeks, Al Jazeera reported. With a fortune of United States dollars 18 billion according to the Bloomberg Billionaires index, Bin Talal controls the Kingdom Holding investment firm, and owns major stakes in News Corp, Citigroup, Twitter and many other worldwide corporations.

by | January 28, 2018 | 02:02

Shares of Intel Corp ( INTC.O ) jumped more than 10 percent and hit their highest level since October 2000 a day after the company reported quarterly results. Shortly after the opening bell, the Dow Jones Industrial Average added 112.60 points, or 0.43 per cent, to 26,364.72, reports Xinhua. The dollar was last down 0.44 percent against a basket of currencies ().

by | January 27, 2018 | 16:45

The parents of 13 children who lived in the "house of horrors" allegedly fed their two dogs better than they fed their children. "Being molested, watching my mom being beaten and raped and being abused myself as a child combined to cause the fear of people, especially men".

by | January 25, 2018 | 01:14

Mobile payment processor Stripe has announced it will be dropping its support for bitcoin in April. The median bitcoin transaction fee soared to a high of $34 in late December and remained above $10 until the last few days, according to bitinfocharts .

by | January 23, 2018 | 01:34

The production cuts, introduced by OPEC and 10 non-member oil producers, have reportedly become the major price driver. Venezuela saw a sharp drop in production, to the tune of 89,000 barrels per day. The agency said: "This represents, after the downturn in 2016 and the steady recovery in 2017, a return to the heady days of 2013-2015 when US-led growth averaged 1.9 million bpd".

by | January 20, 2018 | 03:41

The new price works out to almost $156 a year. Subscribers who pay annually won't see an increase as the yearly rate of $99 remains in effect. The cost of Amazon's monthly Prime program for students will also reportedly increase from $5.49 to $6.49, but the price of other monthly Prime services like Prime Video will stay the same.

by | January 19, 2018 | 01:43

Gov. Andrew Cuomo on January 16 unveiled the state's 2019 executive budget, which he said realizes "the promise of progressive government". Cuomo pointed out that NY sends $48 billion more in revenues to the federal government than it receives back.

by | January 14, 2018 | 00:05

The flight will depart every day from Jomo Kenyatta International Airport hub in Nairobi at 23:25 arriving at JFK airport in NY at 06:25 the following day. Speaking while making the announcement in Thursday, Kenya Airways chief executive officer Sebastian Mikosz said the airline will be targeting business and leisure travelers.

by | January 14, 2018 | 00:06

There's a lot of talk right now about the high price of stocks and the length of the current rally, but even expert investors usually can't time the market. Yields slipped and bond prices clawed back their earlier losses after a solid 30-year bond auction. But Erlam says it is too "early to speculate" on the likelihood that China will "suddenly" reduce its holdings.

by | January 14, 2018 | 00:04

The move comes after Marriott International Inc. was reported to have listed Hong Kong , Macau , Taiwan and Tibet as individual countries in an email to members, as well as on its app's registration page. The Shanghai government said it had asked Marriott to "take down all relevant content, conduct a thorough check on all contents it posted on its website and online application to prevent anything similar, and address the public's concern in a timely fashion to eliminate a negative ...

by | January 13, 2018 | 00:28

The nickname for the tool, meanwhile, is said to be inspired by a quote from Ellen Ripley, the heroine played by Sigourney Weaver in the Alien film franchise. Uber granted access to the relevant files once issued with a second, more specific search warrant. According to Uber the software is necessary to protect company data, along with the privacy of passengers, drivers and Uber employees.

by | January 13, 2018 | 00:24

That compares to the national average which is up.4 cents to $2.48 per gallon. In 2013, it cost Americans an average of $3.26 per gallon to fill up. The nation's current average is $2.49 a gallon, according to GasBuddy data. The national gas bill is expected to increase to $364.4 billion. The average dropped 1 cent to $2.39 in the Jacksonville area. In November 2016, the Measure L half-cent sales tax passed in Stanislaus County with 71 percent approval.

by | January 13, 2018 | 00:16

Snow started falling on Tallahassee Wednesday around 8 a.m. EST, according to the National Weather Service . At least 16 deaths were blamed on dangerously cold temperatures that for days have gripped wide swaths of the USA from Texas to New England.

by | January 12, 2018 | 00:20

An increase in Walmart's starting wage rate to $11 an hour, effective in the February 17, 2018, pay cycle. First, Walmart employees are eligible for the $1,000 bonus only if they've worked at the company for 20 years . CEO Doug McMillon said in prepared statement that recently enacted tax legislation "gives us the opportunity to be more competitive globally and to accelerate plans for the U.S".

by | January 11, 2018 | 00:25

Warren Buffett's Berkshire Hathaway is adding Gregory E. Abel and Ajit Jain as directors, boosting the size of its board to 14 members. "They are the key figures", Buffett said to CNBC . JPMorgan's Sarah DeWitt described Abel as Buffett's most likely successor, saying he "would be a strong allocator of capital and the earning power of the underlying businesses would remain strong after Buffett", viewing Jain's age as weighing on his chances.

by | January 10, 2018 | 00:30

EST and earlier in the session touched $68.29, its highest since May 2015. "You're so long this market at this point, you could certainly get more interest at these levels", said Rob Haworth, senior investment strategist at U.S. Only top producers Russian Federation and Saudi Arabia produce more. Some analysts have said a rise in USA shale oil production could discourage OPEC and Russian Federation to maintain their deal to curb supply until the end of the year for fears of losing market ...

by | January 05, 2018 | 11:42

Apple explains that, since exploiting this issue requires a malicious app to be loaded onto your device, it recommends users only download software from "trusted sources such as the App Store". According to the tech giant, despite the issues being present, there have been no known exploits to hit any Apple product users so far. An update from Apple on what is needed for its Mac computers and iOS devices is expected.

by | December 30, 2017 | 00:35

But while the bride's film industry had some notable absentees with two of the Khans Aamir and birthday boy Salman missing, the who's who of Indian cricket checked in to greet the Indian captain . Also, he went to accompany Anushka on the dance floor and started dancing with her as gently. Wearing a shimmery gold lehenga , Anushka looked elegant as she completed her look with a neck piece and earrings, while Virat looked dapper in an Indigo velvet bandhgala and silk blend Jodpuri trouser.

by | December 22, 2017 | 00:13

Secretary of State Rex Tillerson has reached out numerous times to North Korea pushing diplomatic negotiations, but Trump admonished him publicly on Twitter and has repeatedly threatened North Korea and insulted its leader, Kim Jong Un . Britain's National Cyber Security Center (NCSC) has also reportedly attributed WannaCry to North Korea, as well. In reality, analysts agree that North Korea would see any attack as the start of a full-scale war of regime change, and standing military ...

by | December 20, 2017 | 00:40

The bill represents the first major legislative victory for President Donald Trump . Middle-income taxpayers would pay about $930 less than under current law, or about 1.6 percent of after-tax income, the Tax Policy Center says. Speaker Ryan was not concerned about the bill's unpopularity. The House was expected to vote around 2 p.m. This story will be updated with the latest developments in the U.S.