Twitter shares fall 18% as number of monthly users slips

Twitter shares fall 18% as number of monthly users slips

Image copyright Reuters A fall in user numbers of public messaging platform, Twitter, sent its shares down 17%. The fall, in pre-market trading, came despite record quarterly profits. The number of people using Twitter on a monthly basis was down...
read more
Dash to drop cash comes under review

Dash to drop cash comes under review

Image copyright Getty Images As the use of cash declines and digital payments increase, a new independent review has been set up to look at the impact on consumers. The Access to Cash Review will look at the impact of...
read more
Sensex at record high of 37,000 is just an illusion; rally led by just top 10 stocks, say analysts

Sensex at record high of 37,000 is just an illusion; rally led by just top 10 stocks, say analysts

The Sensex hit dizzying heights, reaching the 37,000-level for the first time on Thursday on widespread buying in capital goods, FMCG, realty and banking stocks by domestic institutional investors. The benchmark index also gained on positive global cues. The N...
read more
Trump and EU’s Juncker pull back from all-out trade war

Trump and EU’s Juncker pull back from all-out trade war

Media playback is unsupported on your device Media captionDonald Trump: “This was a very big day for free and fair trade” The US and EU have agreed to avoid an all-out trade war and work to lower tariffs, in talks...
read more
Airbus shares soar on higher profits

Airbus shares soar on higher profits

Image copyright Getty Images Image caption Some Airbus A320 models have been hit by delivery delays Profits at Airbus, Europe’s largest aerospace company, more than doubled in the second quarter despite a sputtering start to 2018. Bottlenecks of undelive...
read more
Cloud computing firm 8K Miles close to buying US healthcare firm; sees FY19 margin rising to 45%

Cloud computing firm 8K Miles close to buying US healthcare firm; sees FY19 margin rising to 45%

Mumbai: Cloud computing firm 8K Miles is planning to acquire a US-based healthcare player in the cloud space and is likely to close the deal over the next few months, a top company official has said. The Silicon Valley-based company,...
read more
Fiat ex-boss Marchionne dies at 66

Fiat ex-boss Marchionne dies at 66

Image copyright Getty Images The former chief executive of carmaker Fiat-Chrysler, Sergio Marchionne, has died in hospital in Zurich aged 66. He was replaced four days ago when his health worsened following complications from surgery on his right shoulder. Mr....
read more
FCA suggests ‘basic savings rate’ to boost returns

FCA suggests ‘basic savings rate’ to boost returns

Image copyright PA Banks could be forced to set a minimum interest rate on their savings accounts, the Financial Conduct Authority (FCA) has suggested. The FCA said it was concerned that savers who stay with the same bank or building...
read more
Indian money stashed in Swiss banks fell by 80% between 2014 and 2017, claims Piyush Goyal

Indian money stashed in Swiss banks fell by 80% between 2014 and 2017, claims Piyush Goyal

Mumbai: Finance minister Piyush Goyal on Tuesday claimed that the amount deposited in Swiss banks reduced by 80 percent between 2014 and 2017, according to a media report. Goyal, who was replying to a question on so-called black money deposited...
read more
Supermarket sales boosted by World Cup and sun

Supermarket sales boosted by World Cup and sun

Image copyright AFP Supermarket sales have grown at their fastest rate this year with demand stimulated by the World Cup and the warm weather, research suggests. Market research firm Kantar Worldpanel said food and drink sales in the 12 weeks...
read more
1 19 20 21 22 23 46