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Finance

In states, petrol cost Rs 82.76 a litre in Hyderabad and in Bangalore Rs 79.40 a litre. In Mumbai and Chennai, petrol was sold at Rs 85.93 and Rs 81.11 a litre, respectively, up from Rs 85.78 and Rs 80.95 per litre on Saturday. Meanwhile, a State Bank of India (SBI) report on Monday said that states can cut petrol price by Rs 2.65 per litre and diesel by Rs 2 a litre if they decide to forego potential additional gains out of high crude oil rates.
  • Brazil Reaches a Pact in Truck Strike, but Big Union Rejects It

    Brazil Reaches a Pact in Truck Strike, but Big Union Rejects It

    Finance

    Store managers complained of shortages of several foods, and several airports said they had run out of fuel. The shutdown comes at a time when Brazil is struggling to recover from a deep recession and many people are furious at much of the political class because of a massive corruption scandal that involved inflated construction contracts and billions of dollars in kickbacks.
  • CP Rail workers issue strike notice, could walk off job Tuesday

    CP Rail workers issue strike notice, could walk off job Tuesday

    Finance

    The Teamsters Union says negotiations with the company will resume immediately in an attempt to achieve an agreement and avoid a work stoppage. Teamsters Canada said 77 per cent of the eligible workers participated in the electronic vote administered by the Canadian Industrial Relations Board.
  • Airline Passenger Screamed, Spat Blood After He Was Refused Beer

    Airline Passenger Screamed, Spat Blood After He Was Refused Beer

    Finance

    Felix refused to calm down and can be heard calling a passenger a "f*ggot". Chaos broke out on a plane, after witnesses said a flight attendant wouldn't give a passenger more beer. He was so enraged that a flight attendant asked the officer to move to another seat, so the men couldn't see each other. Upon arrival in Miami, Felix was escorted off the plane by police.
  • Amidst Uncertainties, US-North Korea Singapore Meeting Not Canceled

    Amidst Uncertainties, US-North Korea Singapore Meeting Not Canceled

    Finance

    The leader of North and South Koreas Kim Jong-Un and Moon Jae-In are to negotiate in the demilitarized zone between the states. South Korean officials released photos of the two leaders shaking hands and in embrace. On Sunday ( Seoul time), the USA leader said a June 12 summit was still a possibility. "Based on the tremendous anger and open hostility displayed in your most recent statement, I feel it is inappropriate, at this time, to have this long-planned meeting", Trump wrote in ...
  • Under pressure from Trump, Saudis put brakes on oil's rally

    Finance

    Raising production would ease 17 months of strict supply curbs amid concerns that a price rally has gone too far, with oil having hit its highest since late 2014 at $80.50 a barrel this month. Oil prices fell the most in 11 months in NY as Saudi Arabia said it expects OPEC and its partners to boost supplies later this year, easing restraints intact since early 2017.
  • Uber Self-Driving SUV Saw Pedestrian, Did Not Brake

    Uber Self-Driving SUV Saw Pedestrian, Did Not Brake

    Finance

    The report said the self-driving system determined that emergency braking was needed 1.3 seconds before impact but that by then it was too late. In the report , federal investigators say Uber's modified, self-driving 2017 Volvo XC90 had its brakes designed for this type of unsafe situation disabled.
  • Record high Lotto Max prize up for grabs

    Record high Lotto Max prize up for grabs

    Finance

    Two Maxmillions prizes, worth $500,000 each, were sold in Toronto and Sault Ste. If only one person wins the $60 million - that can pretty much get you six Westmount mansions, or eight top-of-the-line Ferraris. The chances of winning the main jackpot are one in 28 million, but recent history suggests a Quebecer may be the lucky victor. Players can purchase tickets at authorized OLG retailers or buy online at PlayOLG.ca until 10:30 p.m.
  • Service dog gives birth to 8 puppies at Florida airport gate

    Service dog gives birth to 8 puppies at Florida airport gate

    Finance

    Photos and a video of the incident were uploaded on the fire department's Twitter page under the hashtag "AirportPuppies". With the help of paramedics "Ellie" delivered eight puppies, seven males, and one female. A round of applause - and a few barks - echoed through the terminal after Puppy 8 (a girl!) was successfully delivered. James was talking to the Tampa Bay Times by phone from the airport when people started cheering in the background.
  • President Trump's letter to Kim Jong-un brutally mocked

    President Trump's letter to Kim Jong-un brutally mocked

    Finance

    Moon and Kim met just north of the heavily militarised border in the afternoon to exchange views to pave way for a summit between North Korea and the United States, South Korea's presidential office said . In April, North Korea's Kim Jong-un and South Korea's Moon Jae-in held a historic summit in the "truce village" of Panmunjom. " President Trump left a little opening door [for the meeting] at the end of his letter".
  • Amazon Is Banning People If They Return Too Many Items

    Amazon Is Banning People If They Return Too Many Items

    Finance

    According to Amazon Ex-employee the company kick out buyers who request too many refunds, return dodgy items or often violate policies, including paid reviews. Fortune reached out to Amazon but did not receive an immediate response. #BadCustomerExperience #onlineshopping #Horrible #ShopLocal #BoycottAmazon, ' she said on Twitter.
  • Dodd-Frank rollback will save bank 'tens of millions'

    Dodd-Frank rollback will save bank 'tens of millions'

    Finance

    Such banks are subject to stricter capital and planning requirements. Under the new law, banks with more than $50 billion in assets would no longer be automatically subject to the toughest federal regulations, including a yearly stress test to prove they could survive another onslaught of economic turmoil.
  • Fiat Chrysler recalls 4.8 million USA cars

    Fiat Chrysler recalls 4.8 million USA cars

    Finance

    In the event that cruise control can not be disengaged while driving, owners should firmly and steadily apply the brakes and shift the transmission to Neutral, placing the vehicle in Park once it has stopped. The firm said it planned to contact affected customers. The recall includes 15 Jeep, Dodge, Chrysler and Ram models from six model years. 'We have a remedy and a widespread network of engaged dealers who are preparing to deliver service.
  • Elon Musk Pitches 'Pravda,' Site to Rate Journalists' Credibility

    Elon Musk Pitches 'Pravda,' Site to Rate Journalists' Credibility

    Finance

    Production of Tesla Model 3s began in July of previous year and the first regular customers only received their cars in December after some Tesla employees. Additionally, Musk announced orders for all-wheel-drive and performance-variant Model 3 sedans are now open. Tesla Inc .'s ( TSLA ) Model 3 vehicle was the best-selling vehicle in the overall mid-size premium sedan segment during the first quarter based on the number of new registrations, reports the premier clean energy auto portal ...
  • Stepmom led investigator to child's body

    Stepmom led investigator to child's body

    Finance

    Ramsay says Marshburn contacted police. Police believe the remains of Lucas Hernandez, a 5-year-old Wichita, Kansas, boy missing for more than three months have been found. Police say the stepmother of a 5-year-old boy missing since February led a private investigator to a body that detectives believe is the missing child.
  • For a moment, Netflix was worth more than Disney and Comcast

    For a moment, Netflix was worth more than Disney and Comcast

    Finance

    Disney rallied late Thursday to regain its leading position, finishing the day down less than 1% with a market cap of $152.1 billion, according to FactSet data. Whilst Disney has accepted the Fox deal in principle, this may yet put a spanner in the proverbial works. Though Netflix has obviously become ubiquitous with entertainment the past decade or so, it's still startling to see a company so young surpass one of the biggest (arguably the biggest) company in media - the gatekeeper of two of ...
  • US Department of Justice probes cryptocurrency manipulation

    US Department of Justice probes cryptocurrency manipulation

    Finance

    According to the tipsters, the DOJ has teamed with the Commodity Futures Trading Commission ( CFTC ) to determine whether some traders have or had been manipulating the price of cryptocurrencies like bitcoin. In April, Gemini announced a partnership with Nasdaq to fight cryptocurrency trading fraud on its platform. The investigation is aimed at manipulation techniques including " spoofing " and "wash-trading".
  • Millions Of Americans Hitting The Roads, Skies For Memorial Day Weekend

    Millions Of Americans Hitting The Roads, Skies For Memorial Day Weekend

    Finance

    According to GasBuddy, a gas price tracking website, consumers nationwide are expected to pay $2.95 per gallon through the holiday weekend, a 50 cent increase from the same time previous year. It remains unclear exactly how much Iranian oil will get knocked offline, but it's safe to say the Iran decision has supported oil and gas prices. The average price of gas in the state is $2.73, a 52 cent increase from the $2.21 Memorial Day price in 2017.
  • Fed minutes: Gradual rate hikes on track | AP business

    Fed minutes: Gradual rate hikes on track | AP business

    Finance

    Moreover, the minutes also showed the board members generally agreed to make a small adjustment in its policy implementation by raising the interest rates on its excess reserves by 20 basis points, rather than by a widely anticipated 25 basis points.
  • SpaceX's Elon Musk Proposes Media Company That Rates Journalists. Is He Serious?

    SpaceX's Elon Musk Proposes Media Company That Rates Journalists. Is He Serious?

    Finance

    It also means "truth". The man who says he's been sleeping at the Tesla factory in Fremont, Calif., to work on Model 3 production problems, who recently trolled Warren Buffet over candy and who recently dismissed as "boring" questions from Wall Street analysts, began his latest Tweet storm Wednesday following a report about a recent string of critical coverage of the electric carmaker and its effect on Tesla's stock price.
  • Homebase sold to owner of HMW for £1

    Homebase sold to owner of HMW for £1

    Finance

    Rob Scott, Wesfarmers managing director, admitted Homebase had been hampered by his company's "poor execution" after the takeover, compounded by a consumer slump that has swept the retail industry in recent months. Wesfarmers - which will participate in a value share mechanism under which it would be entitled to 20% of any equity distributions from the business, with the obligation not limited by time - has advised that the divestment is expected to be completed by June 30.
  • Half A Million Consumer Wi-Fi Routers Infected By Malware Globally

    Half A Million Consumer Wi-Fi Routers Infected By Malware Globally

    Finance

    In April, US and United Kingdom officials warned about Russian hackers targeting millions of routers around the world , with plans to carry out massive attacks leveraging the devices. "The behaviour of this malware on networking equipment is particularly concerning, as components of the VPNFilter malware allows for theft of website credentials and monitoring of Modbus SCADA protocols", the researchers wrote.
  • Oil Prices Fall As Saudis See Likely Supply Boost

    Oil Prices Fall As Saudis See Likely Supply Boost

    Finance

    Inventories rose in part due to a sharp 1.4 million-barrels-per-day hike in net crude imports. "OPEC and Russian Federation may consider easing their production cuts before, or no later than, their joint meeting", Ole Hansen, head of commodity strategy at Saxo Bank A/S, said in a note to clients.
  • Deutsche Bank reportedly set to lay off 10,000 workers

    Deutsche Bank reportedly set to lay off 10,000 workers

    Finance

    The bank said it would reduce global staffing levels from just over 97,000 to "well below 90,000". The reductions will reduce the investment bank's leverage exposure by €100-billion, or 10 per cent, but KBW analysts said the moves were disappointing and its shares closed 4.8 per cent lower, marking a almost 35 per cent decline this year.
  • How will the new European Union law affect the UAE?

    How will the new European Union law affect the UAE?

    Finance

    In the past month, Kirsten Thompson, a lawyer with McCarthy Tétrault who specializes in data issues, has been inundated with calls from Canadians clients scrambling to understand what the rules mean for them. The new lawsuits mark a fresh round of legal tug-of-war between the Austrian campaigner, Facebook and the Irish data protection commission (DPC), which began in 2011 and are ongoing.
  • Self-driving SUV in fatal Arizona crash says pedestrian but didn't brake

    Self-driving SUV in fatal Arizona crash says pedestrian but didn't brake

    Finance

    Previous reports have indicated that self-driving cars can brake or swerve erratically for bicyclists traveling in roadways or other small road hazards. The report confirmed some of the details that had previously been reported about the crash, some of which show Herzberg was taking big risks. The NTSB's initial report doesn't assign probable cause or fault in the accident, and the agency notes it's still gathering data from the vehicle and the driver's cell phones.
  • Moscow says no Russian missile involved in MH17 plane crash

    Moscow says no Russian missile involved in MH17 plane crash

    Finance

    A Dutch Safety Board investigation concluded in an October 2015 report the jet was brought down by a Russian-made Buk missile. The worldwide team running the criminal investigation appealed for help from witnesses who can testify about the involvement of the Russian military's 53rd anti-aircraft missile brigade.
  • Trump leaves open possibility of June 12 summit with North Korea

    Trump leaves open possibility of June 12 summit with North Korea

    Finance

    Before taking action, Trump made a decision to sleep on it. He dictated a letter to Kim that at times felt like a wistful plea for what might have been. "China actually has played the role of hidden guarantor for the North Korea-United States summit, so China will continue to promote this meeting", Sun Xingjie, an expert on North Korea at the Jilin University, said in comments to the People's Daily Overseas Edition, an official Communist Party paper.
  • Trump welcomes NK 'warm' response to canceled summit

    Trump welcomes NK 'warm' response to canceled summit

    Finance

    He told reporters Friday that "everybody plays games". South Korea scrambled to salvage the diplomatic process that began with the North's agreement to participate in the Olympics earlier this year and culminated in President Moon Jae-in's high-profile summit with Kim in the heavily fortified border area last month.
  • Congress not sure USOC has done enough to prevent sex abuse

    Congress not sure USOC has done enough to prevent sex abuse

    Finance

    Kerry Perry is also set to tell the House Subcommittee on Oversight and Investigations that USA Gymnastics is in mediation talks with women and girls who have sued the organization over Nassar's abuse. Shellie Pfohl , the president and CEO of the Center for SafeSport, said her office receives roughly 20-30 reports about abuse every week. A background document posted on the subcommittee's website said that SafeSport had received nearly 500 complaints or reports of sexual abuse from its ...
  • Will Kent stores close as M&S confirms 100 shops to shut?

    Will Kent stores close as M&S confirms 100 shops to shut?

    Finance

    M&S today announced the next tranche of United Kingdom stores proposed for closure or set to close as it reshapes its United Kingdom store estate in line with its target to take at least a third of sales online. Tuesday's announcement https://corporate.marksandspencer.com/media/press-releases/2018/m-and-s-uk-store-estate-update represents a further step-up of the plan.
  • Rajasthan Board Not Releasing RBSE 12th Merit List 2018

    Rajasthan Board Not Releasing RBSE 12th Merit List 2018

    Finance

    The candidates can check their RBSE results on rajeduboard.rajasthan.gov.in official website. The Rajasthan Board of Secondary Education (RBSE) is likely to announce the Rajasthan Board Result 2018 of the Class 12th board examinations today (23 May), according to reports.
  • A very brief Battlefield 5 teaser hints at World War II setting

    A very brief Battlefield 5 teaser hints at World War II setting

    Finance

    You can tune in via Battlefield's YouTube channel , the official Battlefield website , Twitch or Mixer .com. The live-stream reveal will be hosted by comedian Trevor Noah and will showcase the development team's vision for the game, more details about it, and hopefully some actual gameplay.
  • Award-winning novelist Philip Roth dead at 85

    Award-winning novelist Philip Roth dead at 85

    Finance

    After receiving an M.A.in English literature from the University of Chicago, Roth published his first story in The New Yorker in 1958 and achieved his first measure of fame with the publication of his debut short story collection, Goodbye, Columbus , in 1959.
  • Trump legal team seeking to limit scope of Mueller interview

    Trump legal team seeking to limit scope of Mueller interview

    Finance

    On Monday, Trump campaign adviser Michael Caputo told Fox News there might be at least two informants and said that he was also approached. Their rhetoric intensified after Trump suggested on Friday that the Federal Bureau of Investigation might have planted or recruited an informant in his presidential campaign for political purposes.
  • Facebook CEO Dodges Tough Questions by EU Lawmakers

    Facebook CEO Dodges Tough Questions by EU Lawmakers

    Finance

    He conceded that Facebook hasn't "done enough to prevent these tools from being used for harm...and that goes for fake news, foreign interference in elections and developers misusing people's information". Some of the sharpest queries came from Belgian member Guy Verhofstadt, who called out Zuckerberg for Facebook's long history of apologizing for its mistakes and then failing to actually correct them.