Markets

Iran hopes India stands up to United States pressure on curbs..

Iran hopes India stands up to United States pressure on curbs.. On the U.S. sanctions, the government has been maintaining that it will go by what is in the country's national interest. The United States in certain cases will consider waivers for countries that need more time to wind down imports of oil from Iran as it seeks to avoid disrupting global oil markets while reimposing sanctions against Tehran , U.S. [Full Article...]

EU, Japan sign major trade deal in 'message against protectionism'

The EU will abolish tariffs on Japanese cars in return for Tokyo eliminating tariffs on European cheese and wine. He continued: "Let me say that today is a good day not only for all the Japanese and Europeans but for all reasonable people of this world who believe in mutual respect and cooperation.We are putting in place the largest bilateral trade deal ever". [Full Article...]

Poundworld closes another 80 stores with loss of 1,024 jobs

Poundworld closes another 80 stores with loss of 1,024 jobs It will leave Poundworld with just 230 open branches. Deloitte said that with discussions are continuing with interested parties with offers received for a significant number of stores, the head office and distribution centre. 'We would like to thank all the employees for their continued support and commitment'. The Press Association has since revealed that the founder of rival Poundland, St... [Full Article...]

International Monetary Fund warns US vulnerable in escalating trade fight

International Monetary Fund warns US vulnerable in escalating trade fight The IMF added in its latest World Economic Outlook update for this month: "The balance of risks has shifted further to the downside, including in the short term". Nigeria is expected to be the standout performer amid recovery in oil prices. The dollar has already appreciated broadly since April, and financial conditions facing emerging and frontier economies had become somewhat more restrict... [Full Article...]

Netflix shares dive as subscriber growth falls short

Membership in the quarter grew 5.2 million to a total of 130m, matching the same period past year but a million shy of what Netflix forecast, according to a letter released along with earnings figures. Looking ahead to the next quarter, Netflix is already anticipating additional challenges to subscriber growth. Competition in the streaming television market includes YouTube, a platform under t... [Full Article...]

While Amazon's Prime Day website glitches, other retailers offer competing deals

While Amazon's Prime Day website glitches, other retailers offer competing deals Other than the annual subscription of Rs 999 a year, you can subscribe to Amazon Prime by paying just Rs 129 a month. Some Amazon customers were frustrated by crashes during the site's Prime Day sales event, according to posts on Twitter from across the United States. [Full Article...]

Apple Loses Key Sales Executives as India Strategy Stumbles

Apple Loses Key Sales Executives as India Strategy Stumbles The sources said the executives who have quit include Rahul Puri, who was head of national sales, distribution and operator business; Jayant Gupta (head of iPhone sales, modern trade and Apple Premium Retail stores); and Manish Sharma (national sales head for telecom). [Full Article...]

CVS workers lose jobs after calling cops on black customer

CVS workers lose jobs after calling cops on black customer In the video , the manager, identified as Morry Matson , is seen shaking as he speaks with police on the phone. Officers did not generate a police report and "peace was restored", the spokesperson said. The company says the two staffers involved are no longer employed. The cops took no action and Hudson eventually left the store without incident but made a decision to post the cell phone video ... [Full Article...]


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