Business news

Brazil: BTG Pactual CEO, Senate leader arrested for blocking bribery investigation

Brazil's currency fell as much as 2% because of the scandal.

Nov 26, 2015

Sony sells more than 30 million PlayStation 4 during holiday season

The console helped Sony book its highest Q2 operating profit in 8 years.

Nov 26, 2015

Big brands use Periscope app to reach millennials in spite of glitches

BMW, Benefit Cosmetics, Royal Caribbean International have used Periscope to promote their product.

Nov 26, 2015

Mudra Bank, Start up India to shore up MSMEs

While loans to larger businesses have increased 4%, small business loans have decreased 20%.

Nov 25, 2015

OPEC to keep pumping oil despite fears of price falling to $20

Some member states see a return to twenty-dollar-oil, last seen at the turn of the millennium.

Nov 25, 2015

Tech world raids Wall Street talent; Uber grabs bankers

The bankers are the latest to leave Wall Street banks for Silicon Valley startups.

Nov 25, 2015

US repurchase rate rises to highest level in one-and-a-half weeks

US financial markets will remain closed on Thursday.

Nov 25, 2015

Google's Accelerated Mobile Pages to arrive early next year

A preview version of AMP was rolled out in 7 October, 2015.

Nov 25, 2015

Toyota issues recall for 1.61 million vehicles sold in Japan

The recall notice was reissued on more than 20 Toyota models including the highly popular Vitz hatchback.

Nov 25, 2015

China: Police crack $4.5 billion worth underground bank network

14 gangs, each of whose daily illegal transactions were more than $100,000, were arrested.

Nov 25, 2015

Issue of sovereign gold bond postponed to November 30

Subscription for the sovereign gold bonds was open from November 5 to 20.

Nov 25, 2015

Apple acquires facial animation tech developer Faceshift

The technology can create animated avatars in games or characters in movies.

Nov 25, 2015

YouTube Kids app draws flak for advertising junk food

The app is positioned as a repository of children-appropriate content.

Nov 25, 2015

Microsoft: Key changes under Satya Nadella leadership backfire

The new change comes as a shock to the developers who have spent years working on new code.

Nov 25, 2015

Amazon Studios to pull Nazi inspired-ads promoting 'The Man In The High Castle' from NYC subways

New York City Mayor Bill deBlasio reportedly had called the advertisements "irresponsible and offensive".

Nov 25, 2015

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Business news

Brazil: BTG Pactual CEO, Senate leader arrested for blocking bribery investigation

Sony sells more than 30 million PlayStation 4 during holiday season

Big brands use Periscope app to reach millennials in spite of glitches

Mudra Bank, Start up India to shore up MSMEs

OPEC to keep pumping oil despite fears of price falling to $20

Tech world raids Wall Street talent; Uber grabs bankers

US repurchase rate rises to highest level in one-and-a-half weeks

Google's Accelerated Mobile Pages to arrive early next year

Toyota issues recall for 1.61 million vehicles sold in Japan

China: Police crack $4.5 billion worth underground bank network

Issue of sovereign gold bond postponed to November 30

Apple acquires facial animation tech developer Faceshift

YouTube Kids app draws flak for advertising junk food

Microsoft: Key changes under Satya Nadella leadership backfire

Amazon Studios to pull Nazi inspired-ads promoting 'The Man In The High Castle' from NYC subways

Congress gives clean chit to Gehlot; serves show cause notice to his close aides [details]

Deepika Padukone's health: Actress hospitalised after complaints of uneasiness; feeling better now

Sweden's defence major Saab to manufacture Carl-Gustaf M4 in India; what it means for Army [details]