Monday 17th June 2019,
Radio Metta

Business

Russians tease Trump for canceling his G-20 meeting with Putin, blame US politics, not Ukraine

Russians tease Trump for canceling his G-20 meeting with Putin, blame US politics, not Ukraine

Mikhail Svetlov | Getty Images Russian President Vladimir Putin (L) looks at U.S. President Donald Trump during the welcoming ceremony prior to the G20 Summit’s Plenary Meeting on November 30, 2018 in Buenos Aires, Argentina. Senior Russian officials publicly chided U.S. President Donald Trump following his announcement on Thursday that he would no longer meet [...]

December 1, 2018 Loknath Das Business Comments Off on Russians tease Trump for canceling his G-20 meeting with Putin, blame US politics, not Ukraine

An evening walk down Dalal Street | Indices off to a flying start; Sensex up 373 pts; HUL up 5%

An evening walk down Dalal Street | Indices off to a flying start; Sensex up 373 pts; HUL up 5%

Shares were off to a flying start on Monday, thanks to a sharp rally among consumption names in the last couple of hours. These, combined with a positive move on the rupee helped the indices end on a strong note. The Nifty closed above 10,600-mark. Recovery in prices of crude oil too failed to have [...]

November 26, 2018 Loknath Das Business Comments Off on An evening walk down Dalal Street | Indices off to a flying start; Sensex up 373 pts; HUL up 5%

Amazon warehouse workers in Europe protest on Black Friday, calling working conditions ‘inhuman’

Amazon warehouse workers in Europe protest on Black Friday, calling working conditions ‘inhuman’

  On the biggest shopping day of the year, U.K.-based trade union GMB is organizing a protest against Amazon for what it calls “inhuman” conditions for warehouse workers. Amazon has been under a microscope recently as it gets ready to bring 25,000 jobs to each of two new “headquarters” locations in New York and Arlington, [...]

November 24, 2018 Loknath Das Business Comments Off on Amazon warehouse workers in Europe protest on Black Friday, calling working conditions ‘inhuman’

Trump is telling people he wants to replace Commerce Secretary Wilbur Ross by the end of the year

Trump is telling people he wants to replace Commerce Secretary Wilbur Ross by the end of the year

President Donald Trump is telling people he wants to replace Commerce Secretary Wilbur Ross by the end of the year, according to three people familiar with the matter who are close to the president. Trump favors Linda McMahon to replace Ross in the role, said these people, who spoke on the condition of anonymity. He [...]

November 10, 2018 Loknath Das Business Comments Off on Trump is telling people he wants to replace Commerce Secretary Wilbur Ross by the end of the year

Richard Branson suspends $1 billion Virgin investment talks with Saudi Arabia over missing journalist

Richard Branson suspends $1 billion Virgin investment talks with Saudi Arabia over missing journalist

Virgin Group founder Richard Branson suspended discussions with Saudia Arabia about a proposed $1 billion investment in Virgin’s space companies following allegations that journalist Jamal Khashoggi was murdered in the country’s consulate in Istanbul. “What has reportedly happened in Turkey around the disappearance of journalist Jamal Khashoggi, if proved true, would clearly change the ability [...]

October 12, 2018 Loknath Das Business, News Comments Off on Richard Branson suspends $1 billion Virgin investment talks with Saudi Arabia over missing journalist

Tech is getting wrecked — three experts weigh in on whether the turmoil will continue

Tech is getting wrecked — three experts weigh in on whether the turmoil will continue

Technology is the second-worst-performing sector in the S&P 500 in the last week, with names such as Applied Materials, Nvidia, Adobeand PayPal among the group’s biggest losers in that time. Here’s what three market watchers said about tech stocks’ next move: Timothy Lesko, principal and partner at Granite Investment Advisors, said the recent downside isn’t all due to rising interest [...]

October 10, 2018 Loknath Das Business, Real Estate Comments Off on Tech is getting wrecked — three experts weigh in on whether the turmoil will continue

A new study on the side effects of wind energy is almost begging to be misused by climate change deniers

A new study on the side effects of wind energy is almost begging to be misused by climate change deniers

Using wind power to generate the electricity the US needs could cause a surprising amount of local warming, according to a new study. But wind power would still help the world stop pumping carbon dioxide into the atmosphere, which would fight climate change and global warming. There’s concern that fossil fuel interests might misuse this idea to argue [...]

October 5, 2018 Loknath Das Business Comments Off on A new study on the side effects of wind energy is almost begging to be misused by climate change deniers

Volvo says US-China trade war will hit the brand

Volvo says US-China trade war will hit the brand

Volvo Car Group’s billionaire owner warned of the looming trade war’s adverse effects, saying consumers and automakers such as his will be among those hurt by the dispute involving the US and China. Li Shufu, whose Zhejiang Geely Holding Group Co. owns the Swedish carmaker, said both Volvo and his Chinese Geely brand would be [...]

June 30, 2018 Loknath Das Business Comments Off on Volvo says US-China trade war will hit the brand

Spotlight: Fireball Approves Aims to Protect Online Buyers from Scams

Spotlight: Fireball Approves Aims to Protect Online Buyers from Scams

The sharing economy and online selling platforms have brought about many new opportunities for entrepreneurs and consumers. But it has also led to new opportunities for scammers. Sometimes, spotting a scam can be difficult for an individual. That’s where Fireball Approves comes in. The company’s owner was once almost a scam victim herself. And the experience led [...]

June 14, 2018 Loknath Das Business Comments Off on Spotlight: Fireball Approves Aims to Protect Online Buyers from Scams

94% of Diners Will Choose a Restaurant Based on Online Reviews

94% of Diners Will Choose a Restaurant Based on Online Reviews

What goes into the decision-making process when a diner is looking for a restaurant? According to the new TripAdvisor “Influences on Diner Decision-Making” survey, 94% of US diners are influenced by online reviews. The numbers are also quite high in other countries, with French, Spanish, and Italian diners coming in at 90, 91 and 93% [...]

June 14, 2018 Loknath Das Business Comments Off on 94% of Diners Will Choose a Restaurant Based on Online Reviews

TCS shares rise over 2%, gain Rs 16,539 crore in market cap on share buyback plan

TCS shares rise over 2%, gain Rs 16,539 crore in market cap on share buyback plan

Shares of Tata Consultancy Services (TCS) ended with over 2% gains on Wednesday, adding Rs 16,539 crore to its market valuation, on the company’s plan to buy back shares at its board meeting later this week. The stock gained 2.43% to end at Rs 1,824.20 on the BSE. During the day, it rose by 2.86% [...]

June 13, 2018 Loknath Das Business Comments Off on TCS shares rise over 2%, gain Rs 16,539 crore in market cap on share buyback plan

PC Jeweller shares continue recovery, shares gain 44%

PC Jeweller shares continue recovery, shares gain 44%

Shares of PC Jeweller skyrocketed nearly 44% Friday, extending its rally for the second straight session, as value buying continued at the counter. The stock soared 43.72% to end at Rs 174.55 on the BSE. Intra-day, it zoomed 48.41% to Rs 180.25. At the NSE, shares of the company rose sharply by 43.80% to close [...]

May 7, 2018 Loknath Das Business Comments Off on PC Jeweller shares continue recovery, shares gain 44%