Standard Chartered Plc (STAN.L) is considering spinning out its private equity business to its managers, Bloomberg reported on Friday, citing two people familiar with the matter. The unit’s managers, led by Joseph Stevens, would take control of a business that oversees about $5 billion of assets, Bloomberg reported. “The Group ... Read More »
Breaking his silence over the factional feud in the Samajwadi Party, its supremo Mulayam Singh Yadav on Friday said there can be no division in the party till he is there, a day after the dramatic resignation from the Cabinet and party posts by his brother Shivpal Yadav. Addressing party ... Read More »
Internet kiosks around New York City are being updated to stop them being used “inappropriately”. Free web browsing on the 400 kiosks will be disabled to stop people viewing pornography sites and also to prevent individuals using them for too long. The change comes after several New Yorkers reported people ... Read More »
Breaking his silence over the factional feud in the Samajwadi Party, its supremo Mulayam Singh Yadav on Friday said there can be no division in the party till he is there, a day after the dramatic resignation from the Cabinet and party posts by his brother Shivpal Yadav. Addressing party ... Read More »
An autistic man suspected of hacking into US government computer systems is to be extradited from Britain to face trial, a court has ruled. Lauri Love, 31, who has Asperger’s syndrome, is accused of hacking into the FBI, the US central bank and the country’s missile defence agency. Mr Love, ... Read More »
President Barack Obama will meet with a group of business and government leaders on Friday morning to discuss the economic and security benefits of the proposed Trans-Pacific Partnership trade pact, the White House said. “Tomorrow’s discussion is an opportunity for the president to hear directly from a diverse coalition of ... Read More »
A video purportedly showing actor Rishi Kapoor and his brother Randhir Kapoor slapping and pushing a few journalists during Ganpati ‘visarjan’ (immersion) on Thursday is doing the rounds online, Randhir is seen ‘slapping’ a reporter, who seems to be approaching him for an audio byte, while Rishi is seen ‘pushing’ ... Read More »
The Congress on Friday lost its government in Arunachal Pradesh when 43 of its MLAs led by Chief Minister Pema Khandu defected wholesale and merged with the People’s Party of Arunachal, just two months after it had regained power. Mr. Khandu, who had replaced Nabam Tuki following a dissident campaign ... Read More »
Two men have been charged with offences under the Gambling Act in what is believed to be the first prosecution involving betting on video games. Dylan Rigby and Craig Douglas, who are both from Essex, are charged with promoting a lottery and advertising unlawful gambling. Mr Douglas is also charged ... Read More »
ABB’s (ABBN.S) board will discuss the future of its Power Grids division next week as investors ramp up pressure on the Swedish-Swiss technology group to spin off the $11.6 billion business. The board will meet at an undisclosed location in Switzerland on Tuesday, said two sources close to the matter. ... Read More »
Tesla has “pushed the envelope” on safety, former business partner Mobileye has said. Its zeal to extend its Autopilot system had led Mobileye to stop working with Tesla, said the chairman of the computer vision company. Autopilot has been under scrutiny since a fatal crash in May caused by the ... Read More »
