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Daily Archives: August 1, 2016

European gas pipeline group defends record
Business

European gas pipeline group defends record

Saheli 01 Aug 2016 426 Views

– A report calling for European scrutiny over a pipeline slated to run through southern Europe is riddled with inaccuracies, a gas pipeline consortium said. A report this week from the non-governmental organizations Re: Common and Counter Balance called on European financial organizations to avoid writing blank checks to the ... Read More »

Making case against Zakir Naik, officials list 55 terror accused he ‘inspired’
News

Making case against Zakir Naik, officials list 55 terror accused he ‘inspired’

Saheli 01 Aug 2016 499 Views

Tasked by the Union Home Ministry to examine whether any legal action can be initiated against controversial televangelist Zakir Naik, security agencies have drawn up a list of 55 terror accused, arrested from across the country over the past decade, who have claimed to be influenced by or to have ... Read More »

Amazon posts record quarterly profits, CEO Jeff Bezos becomes world’s third richest person
Business

Amazon posts record quarterly profits, CEO Jeff Bezos becomes world’s third richest person

Saheli 01 Aug 2016 393 Views

Amazon.com posted record second-quarter earnings Thursday of $857 million, or $1.78 per share, on $30.4 billion in revenue, surpassing early profit estimates of $1.2 per share on $29.5 billion in revenue. The company said the earnings report was boosted by record sales on the second Prime Day, the “biggest day ... Read More »

Nitish’s new prohibition law: Not just offender, his family, village too will be punished
News

Nitish’s new prohibition law: Not just offender, his family, village too will be punished

Saheli 01 Aug 2016 451 Views

Brushing aside objections from partner RJD and main opposition BJP, the Nitish Kumar government is bringing in several amendments to tighten the prohibition law in Bihar, including one that will make culpable all adults of a family if any member is found drinking, possessing or selling liquor from the premises ... Read More »

Exxon’s earnings down 60 percent
Business

Exxon’s earnings down 60 percent

Saheli 01 Aug 2016 410 Views

Estimated quarterly earnings for Exxon Mobil Corp. were down about 60 percent from last year, the company said, pointing to sharply lower energy prices. Exxon reported second quarter earnings at $1.7 billion, compared with $4.2 billion during the same quarter for 2015. “While our financial results reflect a volatile industry ... Read More »

UP mob attacks Muslim home, owner held for ‘cow slaughter’
News

UP mob attacks Muslim home, owner held for ‘cow slaughter’

Saheli 01 Aug 2016 448 Views

Tension prevails at Kadali village in Muzaffarnagar district after a mob attacked the house of a Muslim family on Saturday on suspicion of cow slaughter. The owner of the house, Zeeshan, who managed to slip out the backdoor with his family before the crowd arrived, was arrested on Sunday afternoon. ... Read More »

Oil prices lower on U.S. GDP figures
Business

Oil prices lower on U.S. GDP figures

Saheli 01 Aug 2016 450 Views

A low estimate of U.S. gross domestic product and steep losses from some of the world’s biggest energy companies sent crude oil prices down early Friday. U.S. supermajor Chevron Corp. reported a loss of $1.5 billion, its third quarterly loss. “The second quarter results reflected lower oil prices and our ... Read More »

Teen, mother gangraped in Bulandshahr: Three men held, local gang blamed
News

Teen, mother gangraped in Bulandshahr: Three men held, local gang blamed

Saheli 01 Aug 2016 420 Views

The number of potential heirs seeking millions from the vast estate of late musician Prince was cut down by a judge Friday, from nearly 30 down to just a handful. In a 19-page ruling Friday, Carver County, Minn., Judge Kevin W. Eide whittled down the list — which included numerous ... Read More »

St. Lucia hopes to lure Chinese tourists with $2.6 billion Pearl of the Caribbean development
Business

St. Lucia hopes to lure Chinese tourists with $2.6 billion Pearl of the Caribbean development

Saheli 01 Aug 2016 407 Views

St. Lucia’s government has signed an agreement to build the island’s first internationally targeted, integrated development — a project worth $2.6 billion designed to attract Chinese tourists and investment. The Pearl of the Caribbean will occupy a 700-acre site on the south end of the island. Plans include a casino, ... Read More »

Hafiz Saeed warns of nationwide protest in Pakistan on Rajnath Singh’s visit
News

Hafiz Saeed warns of nationwide protest in Pakistan on Rajnath Singh’s visit

Saheli 01 Aug 2016 393 Views

Accusing Rajnath Singh of being “responsible for the killings of innocent Kashmiris”, JuD chief Hafiz Saeed has warned of a countrywide protest in Pakistan by his outfit if the Home Minister arrives in Islamabad to attend the SAARC ministerial conference. “I want to ask the Pakistani government will it add ... Read More »

Tesla brakes, not autopilot, at fault in fatal crash, company says
Business

Tesla brakes, not autopilot, at fault in fatal crash, company says

Saheli 01 Aug 2016 401 Views

Tesla Motors Inc. is considering the possibility it’s “crash prevention” system failed in a fatal crash of a Model S, not its autopilot system. The company told Senate investigators the crash involved the vehicle’s automatic braking system, which may have detected the truck that the car was about to hit, ... Read More »

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