Indian online payment firm Paytm says it has added 8 million new users in the two weeks since the government announced the replacement of the country’s highest-denomination bank notes. In a bid to root out corruption, counterfeit money and tax evasion, Prime Minister Narendra Modi on Nov. 8 announced the replacement of notes worth 500 rupees ($7.30) and 1,000 rupees ($14.60). That move has resulted in a […]
Here are the big questions we are asking at FT Markets into the week when the calendar flips over into December. Will Opec deliver a meaningful production cut? All eyes are on Vienna and Opec’s annual gathering with a keenly awaited decision on production levels. An Opec deal on Wednesday that delivers a concrete supply reduction of at least 1m barrels a day, with non-members such as […]
“We have lost everything, our infrastructure, and we have nothing left to lose,” he said. “Now it is a long war of attrition.” Photo A nonfunctioning cement factory in Amran, Yemen, that was bombed twice by the Saudi-led coalition. Credit Tyler Hicks/The New York Times The Houthis’ control of such key territory has made them essential to international efforts to end the conflict, leaving policy makers and […]
Hajime Tabata Opens Up About Final Fantasy XV (Video Videos) Hajime Tabata Opens Up About Final Fantasy XV We chat with the game’s director about the inspiration behind Final Fantasy XV, competing with World of Final Fantasy, and the hardest decision he had to make.Final Fantasy XV releases on November 29 on PS4 and Xbox One. HOME Videos Ad Source link
Sweden-based telecommunications company TeliaSonera said it received notice from Swedish prosecutors it could face fines and possible forfeiture related to an investigation of former employees under investigation in an alleged bribery and money laundering case in Uzbekistan. Bloomberg News Telia-branded flags and an illuminated logo are seen through a window at a Telia phone store, operated by TeliaSonera AB, in Stockholm, Sweden. “Due to the current preliminary […]
COLUMBUS, Ohio — Generations of Ohio State and Michigan fans will debate the latest episode of one of college football’s most impassioned rivalries, a 30-27 Ohio State victory in two overtimes on Saturday, the Buckeyes’ fifth straight win over the Wolverines. What if Michigan quarterback Wilton Speight — who generally played well, completing 23 of 36 passes for 219 yards and two touchdowns — had not fumbled […]
Nov 24, 2016 10:02 am IST President-elect Donald Trump has chosen the first women for posts in his administration, picking South Carolina Gov. Nikki Haley to serve as the U.S. ambassador to the United Nations and school-choice advocate Betsy DeVos as his secretary of education, his transition team said Wednesday. Ms. Haley long held reservations about Mr. Trump’s candidacy during the GOP primary, and endorsed both Sens. […]
Scientists have developed a new perovskite material with unique properties that can be used to build next-generation hard drives. (via WSJ)
With violence escalating in Aleppo and elsewhere across war-ravaged Syria, the United Nations said Saturday that the number of children trapped in besieged areas had doubled in less than a year to half a million. A report by Unicef, the United Nations Children’s Fund, said the children were among hundreds of thousands of civilians in 16 areas under siege across the country who had been “almost completely […]
Every presidential election brings with it a renewed debate on taxes: should tax rates be increased or decreased (which in turn forces economists to break out their textbooks to brush up on their Laffer curve definitions)? Traditionally, the question eventually boils down to one thing: what should the tax treatment of the “rich” be: should the wealthy pay more or less in taxes? Why the particular focus […]
Sales and traffic at U.S. brick-and-mortar stores on Thanksgiving Day and Black Friday declined from last year, as stores offered discounts well beyond the weekend and more customers shopped online. Internet sales rose in the double digits on both days, surpassing $3 billion for the first time on Black Friday, according to data released on Saturday. Data from analytics firm RetailNext showed net sales at brick-and-mortar stores […]
Pokémon GO fans will probably have a delightful Christmas as rumors point to a massive update happening in December. This could include the previously announced plan to allow card trading among players. What is even more awesome is how the new update could reportedly unleash more than 100 new normal and legendary Pokémon. More Than Just A Pokémon GO Rumor Certainly, the details of the December update can […]
By Alexandra Ulmer | CARACAS CARACAS Venezuela’s ruling socialists mourned former Cuban leader Fidel Castro, while opposition hardliners exulted over the death of a man they call a dictator who helped wreck the economy and whose country has for years got an easy ride with subsidized oil. The two leftist Latin American governments became intimate allies under Castro and his younger disciple, the late Venezuelan leader Hugo […]
Nov 24, 2016 10:04 am IST NEW DELHI—Unable to spend or deposit their sackfuls of large bank notes amid India’s crackdown on hoarding cash, business owners across the country are paying employees months of salary in advance, ringing up bogus sales and even buying gold they can smuggle overseas to get rid of stashed money or conceal its source. Such illegal workarounds are threatening to undercut Prime […]
Resident Evil 7 players will be able to transfer their saves between versions of the game bought on Xbox One and the PC Windows Store, raising questions as to whether the game will be part of Microsoft’s Xbox Play Anywhere scheme. In an article about features present in each format of the game, Dengeki (as translated by IGN Japan) reports that “the Windows Store version can share play data with […]
Photo Residents of the Tahir district of Mosul, which had been liberated from the Islamic State a few hours before, on Nov. 16. Credit Sergey Ponomarev for The New York Times CHICAGO — The ancient Assyrians considered the Tigris River the division between East and West, and the city I come from in Iraq is called Mosul — connection point, in Arabic — because it connects these […]
By Noel Randewich | SAN FRANCISCO SAN FRANCISCO Wall Street expects consumers to open their wallets a little wider this holiday shopping season but bargains among red-hot retail stocks could be hard to find, especially as profit growth proves elusive for many big names. Retailers, including Best Buy, Kohls Corp and Macy’s, that were pummeled in last year’s disappointing holiday quarter have seen their shares surge recently […]
Prime Minister Narendra Modi’s request for feedback on his move to scrap large denomination notes has sent his app to the top of the charts. Mr. Modi on Tuesday asked users of his app, which allows citizens share their views and get news about the leader of the world’s largest democracy, to rate his decision to replace 500 and 1000-rupee notes that was aimed at cutting corruption […]
Saudi Arabia pulled out of planned talks with non-OPEC nations including Russia as disagreements about how to share the burden of supply cuts stood in the way of a deal to boost prices just days before a make-or-break meeting in Vienna. OPEC officials were scheduled to meet with non-members including Russia on Monday before a ministerial meeting in Vienna two days later. The meeting was later canceled […]
Gold pared a third weekly drop as the dollar halted a rally that sent bullion prices to a nine-month low and pushed silver into a bear market. Bullion’s first gain in four days cut this week’s loss to 2 percent. Prices have tumbled as strong economic data and the prospect of more spending after Donald Trump’s U.S. election win boosted bets for higher interest rates. Investors are […]
By Rachael King Pacific Gas and Electric said it has cleared a new hurdle toward meeting government safety recommendations issued in the wake of a deadly pipeline explosion in September 2010. Many of the steps the company took in meeting those safety recommendations were accomplished with the help of the utility’s IT department, says Karen Austin, PG&E’s CIO. PG&E received a letter from the National Transportation Safety […]
By Alexandria Sage | LOS ANGELES LOS ANGELES Volvo’s North American CEO, Lex Kerssemakers, lost his cool as the automaker’s semi-autonomous prototype sporadically refused to drive itself during a press event at the Los Angeles Auto Show. “It can’t find the lane markings!” Kerssemakers griped to Mayor Eric Garcetti, who was at the wheel. “You need to paint the bloody roads here!” Shoddy infrastructure has become a […]
Nov 25, 2016 11:33 am IST Another day, another set of late-evening twists in India’s experiment in warp-speed currency replacement. Indians can no longer exchange their voided 500- and 1,000-rupee bills for newly minted currency at banks and post offices, after the Ministry of Finance tightened its crackdown on cash Thursday night. Ever since Prime Minister Narendra Modi abruptly invalidated the big bank notes this month, millions […]
Last month, Google officially introduced Android 7.1 Nougat, which, at that point, had already been running on its pair of Pixel phones and other handsets via developer previews. At the same time as the announcement, Google also included a December rollout schedule for Android 7.1 Nougat to Google’s somewhat overlooked flagships. Now, to the delight of Nexus owners, the exact release date has been confirmed. Android 7.1 Release […]
