Ottawa: Lawyers for Huawei executive Meng Wanzhou alleged in court documents released Wednesday that she was unlawfully detained and questioned by Canadian border agents in Vancouver last year. Border agents detained her under the pretense of an immigration matter and never alerted her to a US warrant for her arrest, questioning her for hours before […]
(Bloomberg) – Amazon.com Inc. today opened its largest campus building globally in the south Indian city of Hyderabad as it prepares for a furious expansion and battle with nemesis Walmart Inc. in one of the world’s fastest-growing retail markets. The Seattle-headquartered company is making an ambitious push in India, the last major retail frontier still […]
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Residents must understand that the additional tax “is a small price to pay for the larger good of our society”.
Tehran: Iran’s president sent a bill to parliament Wednesday that would cut four zeroes from the value of the Islamic Republic’s sanctions-battered currency, the rial, as tensions remain high between Tehran and Washington. By sending the bill to lawmakers, President Hassan Rouhani’s government shows it is serious about an idea mulled for some time in […]
LAUSANNE: Philip Morris International Inc. (PMI) on Wednesday released a white paper titled “Unsmoke: Clearing the Way for Change” based on findings from a major international study conducted for the company by independent research firm Povaddo. There is no question that, while the best choice is to quit cigarettes and nicotine altogether, the reality is that […]
New Delhi: The micro-blogging platform Twitter on Wednesday evening went down in most parts of the world including in India, according to the website tracking portal DownDetector. Some users were unable to see and share tweets on both mobile and web, with a message running on their timeline: “Something went wrong.” Some users received the […]
New York: Alibaba Group Holding Ltd may launch its mega share sale in Hong Kong as soon as October, Reuters reported, kicking off what could be the city’s biggest listing in a decade. The e-commerce giant had intended to float its stock in August before protests spread across the city and clouded sentiment, Reuters cited […]
WASHINGTON: President Donald Trump resumed his attacks on Federal Reserve Chair Jerome Powell on Wednesday, blaming him for keeping the economy from growing much faster. In yet another Twitter screed, Trump said: “The only problem we have is Jay Powell and the Fed. He’s like a golfer who can’t putt, has no touch.” Trump appointed […]
Mumbai: India’s markets regulator on Wednesday allowed credit rating agencies to obtain details of clients’ existing and future debt, in a bid to help them identify defaults in a timely way, amid a severe credit crunch and a slowdown in the economy. The Securities and Exchange Board of India (SEBI) said it enabled rating agencies […]