US suspends fast processing of high-tech H-1B visa applications
Washington: Foreigners aiming for temporary jobs at high-tech U.S. companies will undergo a longer visa approval process after the Trump administration announced it will temporarily suspend expedited applications for H-1B visas. The U.S. Citizenship and Immigration Services (USCIS) said on Friday that starting April 3 it will suspend “premium processing” for up to six months. […]
China's LeEco not planning to quit Indian market, but cuts jobs
By Samantha Kareen Nair and Arnab Paul BENGALURU (Reuters) – Chinese electronics maker LeEco has no plans to exit operations in India, it said on Friday, refuting a media report that the company was preparing to leave the market although it has cut almost 80 percent of its workforce. “India is one of the most […]
Google Pixel XL: Real, direct competition to the Apple iPhone 7
When Google launched artificial intelligence (AI)-powered premium devices Pixel and Pixel XL earlier this month, the message was clear: The device with the personal Google Assistant built right in sounded the threat bugle for Apple iPhone 7 and 7 Plus. When Google launched artificial intelligence (AI)-powered premium devices Pixel and Pixel XL earlier this month, […]
Uber used secret tool to evade authorities
Ride services company Uber Technologies Inc for years has used a secret tool to avoid authorities in markets where its service faced resistance by law enforcement or was banned, the company confirmed on Friday. The New York Times first reported the existence of the programme, called Greyball, which uses data from the Uber app and […]
Market Review: Selling pressure breaks bull streak, dips indices
Profit booking after five-weeks of a bull streak pulled the key equities markets down during the just concluded weekly trade session.The key indices closed on a flat-to-negative note, as investors’ risk taking appetite got eroded due to a likely US interest rate hike.However, positive global cues, coupled with upbeat domestic macro-data and inflows of foreign […]
Market Outlook: Election results, rupee to guide equities markets
Crucial state election results, combined with upcoming macro-economic industrial production data and cues on a likely US interest rate hike will determine the movement of the equities indices in the week beginning on Monday.”The coming week for the markets will be largely dominated by global sentiments especially the US markets and the domestic flows which […]
Market Outlook: Industry data, US interest rate to guide equities markets
Upcoming macro-economic industrial production data and cues on a likely US interest rate hike will determine the movement of the equities indices in the week beginning on Monday.”The coming week for the markets will be largely dominated by global sentiments, especially the US markets, and the domestic flows which have been gaining prominence in the […]
Weekly Wrap: Sensex, Nifty end marginally down on profit taking
Despite some upbeat economic data, the Indian stock market saw some weak spells during the week ended 3 March 2017, as mostly weak global markets and fears about U.S. interest rate hikes prompted investors to take profits. Recording losses on four out of five sessions, the BSE benchmark Sensex ended down 60.52 points or 0.21% […]
Week Ahead: Market to track, global cues, economic data for direction
After staying highly lackluster for most part of the week ended 3 March 2017, the Indian stock market is unlikely to be any different in the coming week.Economic data from domestic and global front will set the trend for stocks. Investors will also track crude oil prices and the rupee’s performance against the U.S. dollar […]
Trump to Sign New Executive Order on Travel Ban Monday
Washington, March 05 (QNA) – US President Donald Trump is expected to sign on Monday a new executive order on his controversial travel ban at the Department of Homeland Security, according to senior government officials familiar with the matter. It is unclear how significant the changes to the current order will be or whether the […]
