International News - Page 6

Modi's 'successful' Japan visit disappointing on failed nuclear deal: Who said what
Japan has also offered financial, technical and operational support to India for the Shinkansen system or the bullet trains.

Tariff revision issue: Blackout hit states urge Piyush Goyal to resolve power crisis
Adani Power has shut down six generating units at its 4,620 MW plant at Mundra in Gujarat citing payment default by Haryana, while Tata Power has closed down two units of its 4,000-MW plant there due to technical snags.<br />

Want to kill that junk food craving? Try this green drink
A spinach extract containing green leaf membranes called thylakoids decreases "hedonic hunger" - eating for pleasure rather than to satisfy a biological need - by up to 95 percent and increases weight loss by 43 percent, new research indicates.<br />

100 days of Modi govt: Jan Dhan is a hurried revolution in banking; it could backfire
There is always a danger in offering freebies and if not handled properly, the yojana could be a major mistake in Modi's prime ministership

From 'bucket list' to 'to-do list': Malaysia Airlines tweaks insensitive PR campaign
Malaysia Airlines launched the campaign asking Australian and New Zealand customers to describe "What and where would you like to tick off on your bucket list, and explain why?"

Sky war begins: Google moves into drone deliveries with 'Project Wing', to take on Amazon's Prime Air
The drone Google showed in the video Thursday was equipped with rotors to allow for vertical takeoff and landing, as well as a fixed wing for plane-like flying. The drone flew about 40 meters above the treeline, Google said, and dropped a package of chocolate bars to a farmer in Queensland, Australia.

'Wish we could say more': Apple plans 9 Sept event, new iPhones expected
Apple uses its September events to showcase its most important products. The iPhone accounts for half its business and is gaining more prominence as tablet sales falter.<br />

Apple may be planning a 12.9-inch iPad for 2015
The report comes as Apple struggles with declining sales of its 10-inch and 7.9-inch tablets, which are faltering as people replace iPads less frequently than expected

Snapchat valued at $10 bn, gets $20 mn funding from venture capital firm
Snapchat, a so-called ephemeral messaging service popular with teenagers, turned down a $3 billion acquisition offer from Facebook Inc last year.

Forget the six-pack: Texas brewery launches beer in 99-pack
The 7-foot-long (2.13-meter-long) pack consists of three rows of 33 cans that tip the scales at 37 kg.

After flight disaster, Malaysia Airlines staff brace for job cuts, leadership change
The 19,500 staff of Malaysia Airlines (MAS) now face a new ordeal - a quarter of them may lose their jobs at the unprofitable airline, hit by two jet disasters this year. Flight MH370 remains untraced since its disappearance en route from Kuala Lumpur to Beijing in March.<br />

IMF chief Christine Lagarde grilled in French corruption case
Christine Lagarde made no comment to reporters as she entered the Court of Justice of the Republic, a special court that probes cases of ministerial misconduct, but has previously denied any wrongdoing.<br />

Goldman Sachs agrees to $1.2 bn settlement with US mortgage giants
Goldman Sachs has agreed to a settlement worth $1.2 billion to resolve claims that it misled U.S. mortgage giants Fannie Mae and Freddie Mac about risky mortgage securities it sold them.

Fed chief Janet Yellen offers no hints on when interest rates will rise
Yellen offered no clarity on the timing of the first interest rate increase, which most economists still expect by mid-2015.<br />

Amazon plans software to take on Google's AdWords for online advertising
Amazon's system would resemble Google's AdWords, and is planned to make it easier for marketers to reach the company's users.

China's plans to revive its economy? Double domestic spending on tourism by 2020
China, home to wonders like the Great Wall and Forbidden City, has seen an explosion in tourist numbers in recent years, both domestic and foreign, but infrastructure has struggled to keep up.<br />

BoE minutes stun markets, global stocks fall as investors brace for rate hike
World stocks fell on Wednesday as investors braced for the possibility that a major central bank could raise interest rates this year after Bank of England minutes showed two of the bank's nine rate-setters voted for a hike earlier this month.

Buffett's Berkshire Hathaway now has a m-cap of over $333 bn
Berkshire's share price has more than doubled since it first crossed the $100,000 barrier on 5 October, 2006.

China invites India to join ambitious Silk Road project
Stated to be the most ambitious project of its kind, China's plans included revival of the ancient Silk Road, starting from Xian and possibly to Constantinople through parts of Pakistan, central Asia and Turkey.<br />

Ex-Microsoft senior manager sentenced to 2 years in jail for insider trading
Brian Jorgenson was a senior manager in Microsoft Corp.'s Treasury Group when he provided the information to his friend Sean Stokke.

Nike sponsors more European football teams but Adidas has the ones that matter
Sports marketing research group Repucom said Nike had outpaced Adidas in Europe for the first time since the 2009/10 season to supply 26 of the region's top clubs, up five compared with last year. Adidas is supplying 18, down four from last year.<br />

About-turn: Rupert Murdoch withdraws $80 bn offer to buy Time Warner
Murdoch, who is Fox's chairman and CEO, cited Time Warner's management and its board's refusal to engage with Fox as one reason for the stunning turnabout.<br />

iPhone 6 alert: Apple to hold 'big' media event on 9 Sept
Apple usually launches the newest version of its iPhone in September.<br />

ECB says contact data stolen from database, market-sensitive data unaffected
The ECB said it discovered the theft when it received an anonymous email seeking money for the data.

Manchester United tops sponsor's league despite miserable football season
United, majority owned by the American Glazer family and listed on the New York Stock Exchange, are determined to ensure that last season was a one-off failure and have replaced manager David Moyes after a short and unhappy tenure.

Brazil bandits rob Samsung smartphones, tablets worth $36 mn
Bandits attacked a Samsung Electronics Co Ltd factory near Sao Paulo late Sunday and held workers hostage while they robbed truckloads of smartphones, tablets and notebook computers that police valued at $36 million.

M&A activity expected to pick-up as SE Asia e-commerce market soars
In Southeast Asia, there is no one company with the number one position in two markets. Therefore the region is ripe for M&A activity and we expect to see market developments in the near future, says Frost & Sullivan.

Banks shouldn't offer customers bitcoin accounts: EU banking authority
Bitcoin, the best known of the 200 or so computer-generated currencies, started circulating in 2009, and acceptance has been growing as more merchants allow customers to pay for goods and services in the currency.<br />

Facebook buys LiveRail in bid to boost video ads
Facebook Inc is acquiring video advertising company LiveRail in the Internet social network's latest step to make video ads a bigger part of its business.

General Motors recalls another 8.23 mn cars, to compensate for ignition switch deaths
General Motors Co on Monday widened the list of older models it is recalling for potentially deadly ignition switches, adding 8.23 million compact and midsize cars that it has linked to seven crashes and three fatalities.