Money

Pakistan signs MoU with Alibaba to promote exports through e-commerce

Pakistan signs MoU with Alibaba to promote exports through e-commerce

Michael Evans, President of Alibaba Group, and Douglas Feagin, Senior Vice President of Global Business of Ant Financial, signed the Memorandum on behalf of Alibaba and Ant Financial , respectively. ...

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Amazon Alexa's skills will be buffed with notifications feature

At $49.99, Amazon's Fire tablet is super cheap, which brings with it some drawbacks, like a relatively grainy display. The price is upto $80 with an extended battery life of 12 hours and even more R...

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Analysts Concerns on: Vipshop Holdings Ltd - ADR (NYSE:VIPS)

Analysts Concerns on: Vipshop Holdings Ltd - ADR (NYSE:VIPS)

Granite Point Capital Management L.P. boosted its stake in shares of Vipshop Holdings Ltd - by 53.0% in the third quarter. The company reported an impressive total revenue of 56.59 Billion in the ...

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World's biggest wind turbines now generating power off United Kingdom coast

World's biggest wind turbines now generating power off United Kingdom coast

Wind turbines have already more than doubled in size since Dong Energy constructed the first phase of Burbo Bank in 2007 with 3.7MW structures. The company and its project partners were joined at th...

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Ottawa-Gatineau unemployment rate rises slightly in April to 5.3%

Ottawa-Gatineau unemployment rate rises slightly in April to 5.3%

Compared to a year earlier, the data showed that Canada added 275,700 jobs, 189,600 of which were full-time positions. Retailers added jobs in April after two monthly declines. More broadly, the U...

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Ford to cut 1400 jobs in North America, Asia

Ford has around 200,000 employees worldwide , half of which are in the USA. Michigan-based automobile giant Ford Motor Company (NYSE:F) may announce a substantial reduction, to the tune of 10%, i...

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China's first homegrown plane flies into skies

China's first homegrown plane flies into skies

A midsize passenger plane developed by China as a national project made its successful maiden flight on Friday after long delays, paving the way for its developer's attempt to break into the worldwide...

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Hackers behind ransomware attack threaten to release data on foreign nuclear programs

Members are being promised exploits for web browsers, routers, smartphones, operating systems (notably including Windows 10), compromised data from banks and Swift providers and, in a odd twist, sto...

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Red Robin Gourmet Burgers (NASDAQ:RRGB) 1Q17 earnings; Beats Street View

Red Robin Gourmet Burgers (NASDAQ:RRGB) 1Q17 earnings; Beats Street View

Now the shares of Red Robin Gourmet Burgers Inc. The highest EPS estimate is $0.80 and the lowest is $0.50. This was up from $402.13 million past year. The stock was trading on above-average volume. T...

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More US Republicans back independent probe of Trump-Russia ties

In a letter to acting FBI Director Andrew McCabe on Tuesday, the Republican chairman of a House oversight committee, Jason Chaffetz, set a May 24 deadline for the FBI to produce all relevant materia...

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At G7 ministerial, USA fails to reassure EU, Japan over 'Trumponomics'

At G7 ministerial, USA fails to reassure EU, Japan over 'Trumponomics'

During his presidential campaign, Trump charged that past administrations had failed to take a tough stand on enforcing trade agreements and this failure had cost millions of good-paying factory job...

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Boeing, Airbus Have Chinese Rival

The first C919 single-aisle aircraft which rolled off the assembly line in Shanghai in November 2016 took off from the fourth runway of the Pudong airport at 2pm and landed at 3:19pm smoothly. The pla...

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European Union says Philippines declines new EU grants

European Union says Philippines declines new EU grants

The EU ambassador to Manila , Franz Jessen, said the decision affected €250 million (Dh1.02 billion) in grants. "We will not beg for it", Duterte told the European Union in October 2016. The German...

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Macron to be sworn in as president on Sunday

Macron campaigned on a centrist platform that could reform labor market regulation and competition, but the former Socialist Party member formed his own political movement 13 months ago and is now not...

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Putin offers Congress record of Trump's meeting with Lavrov

Putin offers Congress record of Trump's meeting with Lavrov

On Wednesday, Putin denied that Lavrov had shared any intelligence with him or with Russia's secret service, instead declaring that a " political schizophrenia " had gripped the United States and th...

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EU fines Facebook over misleading information

EU fines Facebook over misleading information

European Union commissioner for competition, Margrethe Vestager, announced the decision via Twitter on Thursday morning, saying Facebook had given "wrong/misleading information" when it took over ...

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France's Macron appoints Edouard Philippe as new prime minister

France's Macron appoints Edouard Philippe as new prime minister

The prime minister's age reinforces the generational shift in France's corridors of power and the image of youthful vigor that Macron is cultivating. The socialist politician, who was prime minist...

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Stock Rating Update on the Shares of Ford Motor Company (NYSE:F)

Stock Rating Update on the Shares of Ford Motor Company (NYSE:F)

A total of 3.54 million shares exchanged at hands and its average trading volume is standing at 1.67 million shares. Vetr upgraded Ford Motor Company from a "buy" rating to a "strong-buy" rating and...

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Snapchat shares plummet as Snap Inc's first results are out

Snapchat shares plummet as Snap Inc's first results are out

It is also registered an increase of 36 per cent on the 122 million daily users the app had this time past year. There was a 5% increase of users from 158 million in the previous quarter to 166 mill...

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Come fly with me: Dutch king was guest pilot for 21 years

Come fly with me: Dutch king was guest pilot for 21 years

Tuesday was the last time King Willem-Alexander flew as co-pilot in the KLM Cityhopper which now operates flights by members of the Dutch government. The royal will now train to fly Boeing 737 passe...

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