International Business
Cybersecurity company Tortuga Logic raises USD 2 mn in seed funding

Software-based cybersecurity company Tortuga Logic on Friday raised USD 2 million in seed funding from Eclipse Ventures to help maintain chip-level system security.

18 Nov 2017, 06:09 PM IST

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Putin, Trump to meet during APEC summit in Vietnam

Russian President Vladimir Putin will meet his US counterpart Donald Trump at the Asia-Pacific Economic Cooperation (APEC) summit in Vietnam, a top official said here on Thursday.
09 Nov 2017, 03:03 PM IST

Oil up two percent, Brent hits USD 60/bbl on support for extending curbs

Oil prices jumped about 2 percent on Friday, with global benchmark Brent crude rising above $60 per barrel, on support among the world’s top producers for extending a deal to rei
28 Oct 2017, 03:09 PM IST

Wall St. powered higher by tech, Amazon results

Wall Street climbed on Friday as a surge in the tech sector and a rally in Amazon shares helped push the Nasdaq to its best day in nearly a year.
28 Oct 2017, 03:06 PM IST

Auf Wiedersehen Air Berlin: carrier lands for the final time

Air Berlin’s (AB1.DE) last flight landed in its home city on Friday night, greeted by a traditional water cannon salute and bringing to an end almost four decades of flying.
28 Oct 2017, 02:52 PM IST

EasyJet clinches parts of Air Berlin for German expansion

EasyJet has strengthened its position in Germany by agreeing to buy part of Air Berlin’s operations at Berlin Tegel airport, ending uncertainty over the fate of the failed airlin
28 Oct 2017, 02:45 PM IST

President Trump leaning towards Powell as next Fed chair: sources

President Donald Trump is leaning towards nominating Federal Reserve Governor Jerome Powell to be the next head of the U.S. central bank, two sources familiar with the matter said
28 Oct 2017, 02:32 PM IST

Brazil's Temer sees $30 billion pre-salt investments, USD130 billion in royalties

Brazilian President Michel Temer said Friday’s auction of pre-salt offshore oil blocks will generate investments of more than 100 billion reais ($30.8 billion) in Brazil by the w
28 Oct 2017, 02:30 PM IST

Rosy White House tax cut forecast clashes with independent analysis

The White House promoted President Donald Trump’s tax cut plan on Friday with a forecast of faster U.S. economic expansion and wage growth, as independent analysts said the plan
28 Oct 2017, 02:01 PM IST

Twitter losses dip, adds 4 mn users in Q3

Twitter has announced that it has significantly cut down its losses and added nearly four million users in the third quarter of 2017 that ended in September.
27 Oct 2017, 12:54 PM IST

Airbus to Take Majority Stake in Bombardier C-Series Jet Programme

Airbus will take a majority stake in Bombardier's marquee C-Series airliner programme, the companies announced, as the Canadian firm battled against a stiff tariff ruling in the US
17 Oct 2017, 03:12 PM IST

Pakistan Needs USD 17 Billion to Cover Rising Current Account Deficit: World Bank

Pakistan needs around USD 17 billion to cover rising current account deficit and debt payments in the year 2018, the World Bank has said reiterating that it would continue to suppo
17 Oct 2017, 02:57 PM IST

Diamonds - the new gold for rich investors?

Diamonds can at last be an investor's best friend, the Singapore Diamond Investment Exchange (SDIX) said on Tuesday, as it launched a new standardised form of the precious stones t
10 Oct 2017, 05:43 PM IST

Asian shares droop, yen gains as Korean tensions rise

Asian shares slumped on Tuesday while the dollar remained off recent highs against the yen against the backdrop of rising tensions on the Korean Peninsula.
26 Sep 2017, 07:52 AM IST

Thyssenkrupp raises 1.4 billion euros via share sale

Thyssenkrupp AG (TKAG.DE) raised almost 1.4 billion euros ($1.66 billion) from institutional investors on Monday in a share sale to bolster its balance sheet ahead of a planned mer
26 Sep 2017, 07:20 AM IST

BOJ's Kuroda says limits to how deeply rates can go negative

Bank of Japan Governor Haruhiko Kuroda said on Monday there were limits to how much central banks can deepen negative interest rates, highlighting the need to maintain the BOJ’s
25 Sep 2017, 03:24 PM IST

Oil holds gains as producers say market rebalancing

Oil prices came under pressure from a strong dollar, but kept most of their gains from the previous session as major producers meeting in Vienna said the market was well on its way
25 Sep 2017, 03:23 PM IST