Business
6 top tips on how to sell your house fast in winter
Have you been trying to sell your property with no luck? Traditionally, winter can be a difficult time to sell your home. From bad weather discouraging people from going out to view houses, to the gloomy winter atmosphere making prospective homes look less appealing, lots of factors can put potent
Bangladesh economy shows early signs of pandemic recovery
rebound in garment orders after demand crashed during spring shutdowns is helping to revive the Bangladesh economy.Apparel makers, the country’s main export industry, say they are looking ahead to Christmas orders from the US and other major markets.Remittances from Bangladeshi workers emplo
UK retail sales shoot past pre-virus levels as shoppers migrate online
British shoppers continued to increase spending last month, taking sales further above pre-COVID levels, as strong online demand helped much of the sector enjoyed a faster rebound than the rest of the economy.Retail sales volumes rose by 0.8 percent in August, the Office for National Statistics sa
Including 7 Arabs .. List of 15 richest people in Africa
The 15 richest people in Africa have made their fortunes by investing in industries such as diamonds, oil and retail, with a combined net worth of $ 73.3 billion, according to Business Insider citing the Bloomberg Billionaires Index. Patrice Mozebi, a South African with a fortune of $ 2.2 billion
Dollar set for weekly loss; Kiwi dollar hits 18-month high
The dollar was unable to shake off the previous session’s lows on Friday and was set for a weekly fall, losing out to the Japanese yen in particular, which hit a seven-week high as investors sought the safe-haven currency. Data released on Thursday showed that the number of people in the Un
Tesla wins case against former employee accused of hacking, transferring data
U.S. electric carmaker Tesla Inc won its case against a former employee, who was fired for hacking and transferring company data to third parties, according to court documents filed on Thursday. Tesla had filed a lawsuit against Martin Tripp, who formerly worked at the Tesla Gigafactory in
Bruised dollar may bounce if U.S. election gets chaotic
Some investors are betting that a bout of election-induced volatility may be just the thing to give the battered dollar a reprieve from its months-long decline. The dollar stands near its lowest level in 16 months after falling more than 9% from its March peak on lower U.S. yields and expectation
Tech sell-off hits Wall Street as jobless claims remain elevated
Wall Street's main indexes fell on Thursday after data showed high levels of weekly jobless claims, while technology-related stocks resumed their slide with Apple Inc AAPL.O and Amazon.com Inc AMZN.O among the biggest drags on the Nasdaq. Nine out of the 11 major S&P
Banks drag Sensex, Nifty lower as China tensions, Fed weigh
Indian shares closed lower on Thursday, weighed down by banking stocks, as China tensions remained in focus and the lack of new stimulus measures from the U.S. Federal Reserve further disappointed stock markets. The blue-chip Nifty closed 0.76% lower at 11,516.10, while the benchmark Sensex
Huawei phone prices rise in China on fears of chip shortage
Chinese consumers are rushing to buy smartphones from Huawei Technologies Co Ltd [HWT.UL] featuring its high-end Kirin chips, fearing curbs on the firm’s access to U.S. technology will soon cut off production of its premium handsets. Phone vendors in Huaqiangbei, the world’s largest e
Hitachi scraps plans for British nuclear plant
Japan's Hitachi Ltd is scrapping plans to build a nuclear power plant in Wales, it said on Wednesday, dealing a blow to UK hopes to replace its ageing plants. The move leaves only France's EDF and China's CGN with building plans in Britain where nearly half the nuclear plants are set to shut down
India's coal-fired power output picks up as industrial use rises
India's coal-fired electricity generation rose 9.4% in the first half of September, provisional government data showed, as demand from industrial western states rose for the first time since coronavirus lockdowns were enforced. The country's overall electricity generation rose 1.6% during t
BMW to use software from Israel's Tactile Mobility in vehicles
Israel's Tactile Mobility said on Tuesday its software will be embedded into the BMW Group’s BMWG.DE next-generation vehicles beginning in 2021. The collaboration will equip BMW vehicles with the ability to analyse the road surface attributes under their tires, enabling detection
UK financial watchdog reviews 'scandal-hit' consumer investments
The UK’s Financial Conduct Authority has issued a “call for input” to the country’s consumer investment industry as it looks to overhaul the scandal-hit sector. The watchdog’s feedback request will help “shape its work” over the next three years as it mak
Oil markets to remain fragile for the rest of 2020, IEA says
Oil markets are set to remain “even more fragile” for the rest of the year as Covid-19 infections increase globally, the International Energy Agency said in its latest monthly market report. The Paris-based agency expects demand to fall even further by 8.4 million barrels per day in 2
Amazon to hire 100,000 more workers in its latest job spree this year
Amazon.com Inc on Monday said it is recruiting 100,000 more workers - the fourth hiring spree it has announced for the United States this year - to keep pace with e-commerce demand that jumped during the pandemic. The world’s biggest online retailer said the positions are for full and part-
KAPSARC develops 3 models for Saudi energy system
The King Abdullah Petroleum Studies and Research Center (KAPSARC) has developed three models and tools for the economy and energy system in Saudi Arabia, in an effort to boost and diversify Saudi Arabia’s economic and energy prosperity and achieve its Vision 2030 goals. The center&rsq
SoftBank sells chip designer Arm to Nvidia in $40 billion deal
SoftBank Group Corp. said on Monday it has agreed to sell chip designer Arm to Nvidia Corp. for as much as $40 billion in a deal set to reshape the semiconductor landscape.The deal puts a vital supplier to Apple Inc. and others across the industry under the control of a single player and wil
