Friday January 28-th, 2022

United States revokes visas of over 1,000 Chinese students, citing security concerns United States revokes visas of over 1,000 Chinese students, citing security concerns

The State Department, offering its first figures on the effects of Trump's order, said that more than 1,000 visas have been revoked since it began implementing the proclamation on June 1. These accounts were purely anecdotal, as the State Department ...

Disney faces heat for filming 'Mulan' in China's Xinjiang Disney faces heat for filming 'Mulan' in China's Xinjiang

The company's remake of " Mulan " launched on its Disney+ streaming service on Friday, where eagle-eyed viewers noticed the film's credits thanked several Chinese entities, including the Public Security and Tourism bureaus for Turpan and the Xinjian...

Reliance Offers Amazon $20 Billion Stake in Retail Arm Reliance Offers Amazon $20 Billion Stake in Retail Arm

The shares of Mukesh Ambani-led Reliance Industries surged to a new high on Thursday, a day after American private equity firm Silver Lake invested almost a billion dollars (Rs 7,500 crore) Reliance Retail . Mumbai-based Reliance has approached ...

Forbes lists Pakistan-born Shahid Khan as 66th richest man in US Forbes lists Pakistan-born Shahid Khan as 66th richest man in US

Forbes estimates that Trump's real estate licensing business, which is further limited by his pledge not to do foreign deals while in office, is worth about $80 million today, down from $170m a year ago. Julia Koch, the wife of the late David Koch, ...

Gold prices today hold steady, near Rs 51,500 per 10 gram Gold prices today hold steady, near Rs 51,500 per 10 gram

Gold and silver prices in India edged higher but the gains remained muted. Multi Commodity Exchange ( MCX ) gold futures, due for an October 5 delivery - closed 0.83 per cent (Rs 425) lower at Rs 50,928, having dropped to as low as Rs 50,914 during...

U.S. shares sink as tech slide extends U.S. shares sink as tech slide extends

Tesla Inc's shares jumped 8.8 per cent after shedding about a fifth of their value in the previous session following its surprise exclusion from the S&P 500 . Analysts expect the Nasdaq to remain under pressure for a while. Equity markets were clos...

186,000 Aussies data leaked in ‘criminal attack’ 186,000 Aussies data leaked in ‘criminal attack’

Letters are being sent out by registered mail to the thousands impacted and forensic specialists hired by Service NSW are continuing their investigation. The agency said it has employed further security measures to protect against this kind of atta...

Amazon seeks to hire 33000 people Amazon seeks to hire 33000 people

Beth Galetti, Amazon senior vice president human resources said, "We've created more jobs in the USA over the past decade than any other company - and we are continuing to hire people from all backgrounds and at all skill levels". And Lord & Taylor, ...

Northern Ireland judge criticises United Kingdom plan to break law Northern Ireland judge criticises United Kingdom plan to break law

On Tuesday, Northern Ireland Secretary Brandon Lewis admitted that the Internal Market Bill would break global law in a " very specific and limited way " and allows London to ignore parts of the hard-fought Northern Ireland protocol. "She came across...

Belarus: High-profile opposition figures arrested in 'security' probe

Kolesnikova was put into custody on the Belarusian side of the border. 'We still don't know where Maria is and what is happening to her, ' said lawyer Maxim Znak, a member of the Coordination Council , in a video blog on Monday evening.

Vince McMahon No Longer On Forbes’ List Of The 400 Richest Americans Vince McMahon No Longer On Forbes’ List Of The 400 Richest Americans

Combined, their net value has dropped about $124 million. Of his nine properties in NY, just one saw an increase. Trump World Tower, with a net value of $27 million, increased by $2 million over the previous year, Forbes reported . The Chairman of...

Dollar hangs on as traders turn to ECB; Brexit wobbles hit sterling Dollar hangs on as traders turn to ECB; Brexit wobbles hit sterling

On Wall Street, the Dow Jones Industrial Average .DJI fell 632.75 points, or 2.25%, to 27,500.56, the S&P 500 .SPX lost 95.14 points, or 2.78%, to 3,331.82 and the Nasdaq Composite .IXIC dropped 465.44 points, or 4.11%, to 10,847.69. After an underpe...

Tech sector extends slump, dragging stock market lower again Tech sector extends slump, dragging stock market lower again

The S&P 500 index was down 28.10 points at 3,426.96, while the Nasdaq composite was down 144.97 points at 11,313.14. There was little going on regionally to alter the market's trajectory after the US benchmark S&P 500 gave up 3.5%, its biggest lo...

XFL Bankruptcy keeps Vince McMahon off Forbes 400

Combined, their net value has dropped about $124 million. The president's golf properties have also seen their net value drop, falling about $137 million since last September. The only two members of the top 10 who did not make their fortune from t...

Boeing says new problem to delay deliveries of 787 Dreamliner Boeing says new problem to delay deliveries of 787 Dreamliner

Boeing does not believe that it is an immediate safety issue, but that it could lead to premature aging of the fuselage, and it is delaying some 787 deliveries while determining whether repairs are needed on planes that have already been delivered.

Indian Economy Projected To Contract 11.8%, Fitch Domestic Arm Says Indian Economy Projected To Contract 11.8%, Fitch Domestic Arm Says

India Ratings and Research (Ind-Ra), the India arm of Fitch Ratings , revised down its estimate to an 11.8 per cent contraction for 2020-21 from an earlier estimate of (-) 5.3 per cent. "The PMI balances have bounced back but they imply that th...

Tesla Shares Slump as S&P 500 Inclusion Remains Elusive Tesla Shares Slump as S&P 500 Inclusion Remains Elusive

Softbank lost $10 billion following weekend reports that the Japanese conglomerate made a huge bullish bet on tech stocks , but after a rollercoaster of a day it ended on the higher side of flat. Volume on USA exchanges was 10.48 billion shares, com...

SoftBank stock tumbles on foray into options trading SoftBank stock tumbles on foray into options trading

The newspaper said that the options generated an exposure of about $50 billion. SoftBank CEO Masayoshi Son pivoted to investing in public companies as well as private businesses earlier this year . Futures are down sharply on Tuesday. Son's care...

General Motors Is Building the Badger After Investing $2BN in Nikola General Motors Is Building the Badger After Investing $2BN in Nikola

General Motors is acquiring an 11pc stake in Tesla rival Nikola, worth about $2bn (£1.5bn), and will team up with the company to make a pick-up truck. General Motors CEO Mary Barra said that she sees this as another path to deploy GM's battery and...

Fitch revises India GDP forecast for FY21 to -10.5% from -5% earlier Fitch revises India GDP forecast for FY21 to -10.5% from -5% earlier

Besides Fitch, the fall in Q1FY21 GDP has seen most forecasters cut India's economic growth projection for calendar year 2020 (CY20) and FY21. Coulton said Fitch now expects the U.S. Furthermore, high inflation has added strains to household in...

When will Australia have access to a COVID-19 vaccine? When will Australia have access to a COVID-19 vaccine?

Visit Business Insider Australia's homepage for more stories . It will take possession of the first 3.8 million doses of the AstraZeneca vaccine in January and February 2021, and then receive a further 30 million doses, Morrison will say in extract...

Google, Facebook to Let Employees Work from Home Through 2020

The extension of working from home is firstly to benefit employees but has also served as a barometer for the rest of the industry. Naficy notes: " Facebook is showing true leadership by letting their staff work from home". The social networking gia...

The Pentagon reveals outcome of Amazon vs Microsoft JEDI contract review The Pentagon reveals outcome of Amazon vs Microsoft JEDI contract review

Amazon , meanwhile, railed against the decision. "The JEDI Cloud contract is a firm-fixed-price, indefinite-delivery/indefinite-quantity contract that will make a full range of cloud computing services available to the DoD". Trump told Mr. Mattis t...

Biden says Trump lives by 'code of lies, greed' Biden says Trump lives by 'code of lies, greed'

The event is scheduled to include the president's son, Donald Trump Jr., his top campaign fundraiser, Kimberly Guilfoyle, and former Florida Attorney General Pam Bondi. "The story is a hoax", Trump said. Several news organizations, including Fox Ne...

ED arrests Deepak Kochhar in a money laundering case ED arrests Deepak Kochhar in a money laundering case

In his letter sent to Prime Minister Narendra Modi among others, Gupta had accused Kochhars of 'amassing wrongful personal gains by deceiving stakeholders, shareholders, public / private sector banks and Indian Regulatory Agencies for unjust and il...

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