Centre likely to announce Rs 8,000-crore relief package for sugarcane farmers

To be sure, a creation of buffer stock need not lead to the government buying sugar from the market, and might actually entail the government agreeing to bear a part of carrying cost of unsold inventories of sugar mills. Food ministry Ram Vilas Pasw... More..

by | Published more than a month ago
Heinz Salad Cream may become 'Sandwich Cream'
by | Wednesday, June 06, 2018

Heinz Salad Cream may become 'Sandwich Cream'

Parent group Kraft Heinz said it was working with brand design specialists Jones Knowles Ritchie on overhauling one of Britain's longest running kitchen staples, launched in 1914. But in the United Kingdom, the...More..

Oil Prices Slide on Potential Output Rise
by | Wednesday, June 06, 2018

Oil Prices Slide on Potential Output Rise

President Donald Trump complained about OPEC and high oil prices in April . Both benchmarks were pressured by the expectation that the Organization of the Petroleum Exporting Countries (OPEC), which has led o...More..

WWE confirms when The Undertaker will be returning to the ring
by | Wednesday, June 06, 2018

WWE confirms when The Undertaker will be returning to the ring

The Twitter account for Madison Square Garden broke the news on Monday morning. When John Cena challenged The Undertaker to a match at WrestleMania 34, everyone knew his return was likely. Not only is...More..

Concern after Qantas bows to Beijing pressure on Taiwan
by | Wednesday, June 06, 2018

Concern after Qantas bows to Beijing pressure on Taiwan

The demand has drawn criticism from the governments of the United States , Taiwan - and now Australia. Qantas will change its description of Taiwan from a country to a territory of China , after being pre...More..

Welsh rail services to get £5bn
by | Wednesday, June 06, 2018

Welsh rail services to get £5bn

KeolisAmey said 95 per cent of journeys will be on the new trains within five years. Six hundred new jobs will be created in order to deliver the contract, including 30 new apprenticeships each year, and the ...More..

Grayling urged to axe rail firms over timetable 'disaster'
by | Wednesday, June 06, 2018

Grayling urged to axe rail firms over timetable 'disaster'

GTR's disruptions were caused due to the timetable developed with Network Rail being "very late to be finalised", and train operators did not have enough time to roster sufficient staff or complete crew tra...More..

A Quarter Of U.S. Tesla Model 3 Reservations Reportedly Refunded
by | Wednesday, June 06, 2018

A Quarter Of U.S. Tesla Model 3 Reservations Reportedly Refunded

Since then, almost half a million people have put down deposits to reserve the cars. As of April, Tesla delivered just 8,180 Model 3s to customers, and none were actually sold for $35,000, according to the ...More..

IHOP really is changing name to IHOb
by | Wednesday, June 06, 2018

IHOP really is changing name to IHOb

The 60-year-old franchise's coy announcement was made on Twitter on Tuesday. "For 60 pancakin' years, we've been IHOP". Now, we're flippin' our name to IHOb. The Twitter bio for IHOP has even been changed...More..

ANZ, Citigroup, Deutsche Bank hit with criminal cartel charges
by | Wednesday, June 06, 2018

ANZ, Citigroup, Deutsche Bank hit with criminal cartel charges

The Australian Competition and Consumer Commission (ACCC) on Tuesday published the names of executives who had been charged, alongside their employers, over a 2015 share issue by ANZ Bank in which it raised $2....More..

DNA Testing Service MyHeritage Hacked
by | Wednesday, June 06, 2018

DNA Testing Service MyHeritage Hacked

If the hackers here had data of yours from a different data breach, and the email addresses and passwords are identical, they could easily access your MyHeritage account. Credit card information isn't stored on...More..

Hudson’s Bay to shutter 10 Lord & Taylor stores, including Manhattan flagship
by | Wednesday, June 06, 2018

Hudson’s Bay to shutter 10 Lord & Taylor stores, including Manhattan flagship

Boston-based e-commerce operator Rue La La, which is owned by billionaire Michael Rubin's Kynetic, said late on Monday it had agreed to buy Gilt, which Hudson's Bay acquired in January 2016 for $250 million...More..

Investors Are Anxious About Tesla’s Annual Meeting
by | Wednesday, June 06, 2018

Investors Are Anxious About Tesla’s Annual Meeting

Another matter facing Tesla is a call for the company to elect an independent board chairman on the grounds that Musk, who in addition to being Tesla's CEO and chairman also serves as CEO of SpaceX, isn't abl...More..

Google won't renew Pentagon AI project after employees protest
by | Wednesday, June 06, 2018

Google won't renew Pentagon AI project after employees protest

Google Cloud lead Diane Greene, reportedly told employees in a weekly update that the partnership will end with the current contract, in 2019. "And there will be no follow-on to Maven", Dianne Greene, Head of...More..

Trump Signals He Wants Separate Trade Deals With Canada and Mexico
by | Wednesday, June 06, 2018

Trump Signals He Wants Separate Trade Deals With Canada and Mexico

President Donald Trump's top economic adviser says the president now prefers to negotiate separately with Canada and Mexico over their three-country trade deal. On Friday, just after the metals tariffs were put...More..

Ottawa in talks with steel, aluminum industries about possible aid
by | Wednesday, June 06, 2018

Ottawa in talks with steel, aluminum industries about possible aid

According to the Mexican Ministry of Economy, the new tariffs are aimed at safeguarding Mexico's domestic output. What the Ross, Lighthizer and White House National Trade Council Director Peter Navarro team now...More..

Government clears way for Fox's Sky bid
by | Tuesday, June 05, 2018

Government clears way for Fox's Sky bid

Hancock said that if that condition is fulfilled, he would favour giving the deal the go-ahead as well. The bid valued the broadcaster at £18.5 billion. Sky News would have to be sold off to maintain a divers...More..

Qatar Airways boss says only a man could do his 'challenging' job
by | Tuesday, June 05, 2018

Qatar Airways boss says only a man could do his 'challenging' job

Asked whether he'd welcome a female executive as CEO, Al Baker said: "It will be my pleasure to have a female CEO candidate I could then develop to become CEO after me". The carrier made a "substantial loss" in...More..

by | Tuesday, June 05, 2018

Billionaire Koch brothers take on Trump over tariffs

May is expected to discuss the tariff with Trump at the summit this week. Unmentioned in the document is the detrimental impact that multinational free trade deals like the North American Free Trade Agreeme...More..

Petrol price cut by 13 paise per litre
by | Tuesday, June 05, 2018

Petrol price cut by 13 paise per litre

Unleaded shot up from 123.43p to 129.41p a litre, taking the cost of filling up a 55-litre family auto to £71.18, an increase of £3.29, data from RAC Fuel Watch shows. "Now that the price of oil has fallen away...More..

Everything You Need To Know From Apple’s WWDC 2018 Keynote
by | Tuesday, June 05, 2018

Everything You Need To Know From Apple’s WWDC 2018 Keynote

Seems like a useful function for quickly ascertaining the approximate size or width of an object or space when all you have to hand is your mobile. Boot up Safari on your iPhone or iPad and go to the link t...More..

Starbucks employees react to racial bias training on social media
by | Tuesday, June 05, 2018

Starbucks employees react to racial bias training on social media

She added, "This incident demonstrates how racism, racial profiling still exists in our community". One afternoon wouldn't really be "moving the needle on the biases", especially with a company that has as ma...More..

Global Markets in Turmoil as Italy Fails to Form New Government
by | Tuesday, June 05, 2018

Global Markets in Turmoil as Italy Fails to Form New Government

Spain's bond-yield spread with Germany also went to its widest this year at almost 1.35 percentage points ES10YT=RR and Madrid's IBEX bourse .IBEX closed down 2.5 percent. The dollar was up 0.8% against the y...More..

Howard Schultz to Step Down as Starbucks' Executive Chairman
by | Tuesday, June 05, 2018

Howard Schultz to Step Down as Starbucks' Executive Chairman

Schultz's journey began in 1981, when he walked into the first Starbucks store, located in Seattle's iconic Pike Place Market. Howard Schultz , who helped build Starbucks into a global food industry powerh...More..

Gone: 30-year-old man evicted from parents' house moves out
by | Monday, June 04, 2018

Gone: 30-year-old man evicted from parents' house moves out

In a brief phone interview with Agencies, Michael Rotondo said he left the house because "I had to be out by today". He said his parents had said goodbye, "more or less", and got his rumbling station wagon ...More..

China threatens to abandon trade deal if USA imposes tariffs
by | Monday, June 04, 2018

China threatens to abandon trade deal if USA imposes tariffs

Ross said at the start of the event that they had discussed specific United States exports China might purchase, but the talks ended with no joint statement and neither side released details. Last month, T...More..

Bayer to strip Monsanto of its name with acquisition this June
by | Monday, June 04, 2018

Bayer to strip Monsanto of its name with acquisition this June

German pharmaceutical company Bayer AG said Monday that it plans to complete its purchase of USA seed and weed-killer maker Monsanto Co. this week after receiving all the required approvals from regulators. The...More..

William Blair Comments on Lululemon Athletica inc.'s FY2019 Earnings (LULU)
by | Monday, June 04, 2018

William Blair Comments on Lululemon Athletica inc.'s FY2019 Earnings (LULU)

Sold All: 35 Reduced: 102 Increased: 94 New Position: 68. The hedge funds in our partner's database now own: 105.01 million shares, up from 101.36 million shares in 2017Q4. Morgan. Vanguard Grp Inc has 0.03% in...More..

House of Fraser rescue 'is on track'
by | Monday, June 04, 2018

House of Fraser rescue 'is on track'

It has not said how many stores are earmarked for closure under its CVA or which stores are likely to be closed. It is not known which stores are at risk but it is thought up to 20 could face closure. "I am con...More..

Google won't renew controversial drone project with Pentagon amid employee backlash
by | Monday, June 04, 2018

Google won't renew controversial drone project with Pentagon amid employee backlash

The military project uses artificial intelligence to increase defense capabilities, including using artificial intelligence (AI) to analyze aerial drone imagery. Greene, who pledged yesterday not to renew t...More..

American Airlines flight from San Antonio makes emergency landing in El Paso
by | Monday, June 04, 2018

American Airlines flight from San Antonio makes emergency landing in El Paso

He said at one point it dropped "like a rollercoaster". "We commend the great work of our pilots, along with our flight attendants, who safely landed the Airbus A319 at 8:03 p.m. The plane landed safely at 9 ...More..

Two winning lottery tickets in Saskatchewan after Friday's Lotto Max
by | Monday, June 04, 2018

Two winning lottery tickets in Saskatchewan after Friday's Lotto Max

Tony Bitonti, senior manager, media relations, in an email. Friday's Lotto Max will feature the $60-million main prize, along with 50 draws for 50 $1-million prizes - making for a $110-million night. The bo...More..

Buffalo Wild Wings apologizes for vulgar tweets
by | Monday, June 04, 2018

Buffalo Wild Wings apologizes for vulgar tweets

BWW went on to release a statement assuring that the tweets did not come from their end and that they'd be working to track down the individual (s) responsible. They also sent out a tweet apologizing for the "a...More..

by | Monday, June 04, 2018

Clydesdale raises offer for Branson's Virgin Money

CYBG now has until 17:00 on 18 June to make a firm offer or walk away from Virgin, under rules set down by Britain's Takeover Panel. They believe it would bring significant savings by removing overlap between t...More..

Fifteen killed in Nicaragua protests, including Mother's Day march attack
by | Monday, June 04, 2018

Fifteen killed in Nicaragua protests, including Mother's Day march attack

A witness who requested anonymity said the victims were semi naked, one of them still alive, and was taken to hospital by a woman on a motorcycle. The statement also said that the US condemns "beatings of jou...More..