International News - Page 10

China can cut GDP growth target to 7 percent for 2015, says World Bank

China wants to grow its economy - the world's second largest - by around 7.5 percent this year, though many analysts expect annual growth to hit 7.4 percent, the lowest in 24 years.

Microsoft erases 'Nokia' from Lumia, calls it Microsoft Lumia

Six months after closing its acquisition of Nokia's device and services business, Microsoft said it is ready to sell smartphones under its own banner, and first Microsoft Lumia will hit the market soon.

IAF alert effect? Xiaomi to set up data centre in India to store local user data

The move by privately owned Xiaomi comes after it said last week saying it was migrating some data on non-Chinese customers away from its servers in Beijing due to performance and privacy considerations.

China's auto market growth may halve to 7 percent due to slowing economy

During the first nine months of the year, overall vehicle sales in China rose 7 percent from the same period a year earlier, according to CAAM data.

25 of 130 top Eurozone banks fail health checks, but most capital holes plugged

Painting a brighter picture than had been expected, the ECB found the biggest problems in Italy, Cyprus and Greece but concluded that banks' capital holes had since chiefly been plugged, leaving only a modest 10 billion euros ($12.7 billion) to be raised.

Google CEO gives Sundar Pichai keys to kingdom, puts him in charge of major products

Google Inc Chief Executive Officer Larry Page has put Sundar Pichai, one of his key lieutenants, in charge of the Internet company's products.

Driver of snowplow that crashed into Total CEO's plane was drunk, say officials

Russia's main investigative agency said Tuesday the driver of the snowplow was under the influence of alcohol.

Good karma? Microsoft's Satya Nadella gets $84.3 mn in pay

Microsoft has given its new CEO Satya Nadella a pay package worth $84.3 million, most of it in the form of long-term stock awards.

CEO of French oil giant Total killed after plane crashes into snow removal machine

The CEO of French oil giant Total SA was killed when his corporate jet collided with a snow removal machine Monday night at Moscow's Vnukovo Airport.

Property woes drag China's economic growth to 6-year-low

Beijing is expected to announce fresh support measures in response to the weak economic picture as China is on track to miss the official 7.5 percent growth target for the year.

Toyota recalls 2.47 lakh vehicles in US over potentially defective airbags

A Toyota spokeswoman said the automaker was not aware of any crashes, injuries or deaths related to the recall.<br />

After linking pay hikes to karma, Nadella says women get equal pay at Microsoft

Satya Nadella's latest comment is not backed up by numbers from job site Glassdoor, which show that men tend to earn more doing a similar job than women at Microsoft

Apple Pay: Revolutionary, but won't work in India any time soon

Apple Pay is designed to make swiping a credit card a thing of the past

Wal-Mart CEO promises to upgrade minimum wages

The act of upgrading minimum wage positions would be largely a symbolic move for Wal-Mart

Going healthy: New York's official state snack is Greek-style yogurt

Only a handful of states have official snacks. South Carolina has boiled peanuts, Texas has tortilla chips and salsa, Illinois has popcorn and Utah has Jell-O.

GM records best 3rd quarter results since 1980, global sales up by 2 percent

Germany's Volkswagen AG previously said it had sold 7.4 million vehicles through the first nine months, an increase of 5.3 percent. Those results did not include the company's MAN and Scania brands.

Chrysler recalls 184,215 SUVs worldwide for air bag defect

The recall involves the 2014 model year Dodge Durango and Jeep Grand Cherokee. Most are in the US, but 57,443 SUVs are in Canada, Mexico and elsewhere.<br />

Citigroup to shut consumer banking units in Japan, 10 other countries

The latest exits were the result of studies the bank began in early 2012 to figure out which countries were not profitable enough for retail banking.

Did you know? Google's biggest search engine rival is Amazon, and not Yahoo or Bing

Google boss Eric Schmidt said that while Amazon's main mission was "the commerce side of the equation", the company was essentially "answering users' questions and searches, just as we are".

Pricing out rivals: Saudi Arabia tells other producers it doesn't mind lower oil prices

The Saudis want the world to know that nobody should be surprised with oil under $90 a barrel, a source was quoted as saying.

After Nadella's 'karma' gaffe, Microsoft board to look at gender pay gap

About a third of Microsoft's 110,000 or so employees are women. But the company's pay practices and attitude toward women are still open to question and will likely be taken up at the board level

IS terrorist group threatened our employees: Twitter CEO

The IS has been occupying areas of Syria and Iraq and is considered a major threat by the US and other countries, which have been battling its forces.<br />

Microsoft CEO Nadella says women in tech shouldn't ask for raises, but trust in karma

"Was inarticulate re how women should ask for raise," Nadella tweeted on Thursday afternoon, several hours after his remarks.

Ripe for takeover? Symantec to split into security, data management units

Symantec's revenue growth has lagged the rest of the security software market in recent quarters

Repurchase more shares, Carl Icahn urges Apple

The investor, who owns about 53 million Apple shares, has in the past urged Apple to return more of its cash to shareholders and pressured the company to increase its stock buyback program and raise its dividend.<br />

Affordable Internet on agenda, Facebook's Mark Zuckerberg to meet Modi tomorrow

The Facebook founder will be meeting with the Prime Minister and other ministers as he discusses improving internet connectivity in the country.

AT&T agrees to pay $105 mn for putting unauthorised charges in customers' bills

The settlement comes after years of complaints from consumers about being charged for services, for example daily horoscopes or trivia, that they never requested.

Not just JP Morgan Chase: Fidelity Investments among 13 companies targeted by hackers

JPMorgan, the biggest U.S. bank by assets, said last week that the names, addresses, telephone numbers and emails of 76 million households had been compromised by a cyber attack

Near-zero interest rates to continue in US as Fed worried over $ rise, slowdown

The minutes expressed concern the rising dollar could slow a needed rebound in inflation

Twitter's news head steps down as company reshapes executive ranks

Twitter Inc,s news head Vivian Schiller becomes the latest executive to depart as the company reshapes its executive ranks.<br />