SAN FRANCISCO— LinkedIn Corp. rolled out new technology and products Thursday aimed at keeping members on its network longer, a move that could help generate more data and make it more valuable to Microsoft Corp. LinkedIn, which agreed to sell itself for $26.2 billion to Microsoft in June, debuted training, ... 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 »
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 »
Global equity prices gained on Thursday after weak U.S. retail sales data undermined the argument that the Federal Reserve will raise interest rates next week. The U.S. Treasury yield curve surged to its steepest levels in 2-1/2 months as longer-dated debt fell, highlighting expectations that the Fed could hold off ... Read More »
The dawn-to-dusk Tamil Nadu bandh on Friday on the Cauvery issue called by associations of farmers and traders passed off peacefully even as opposition leaders, including the DMK’s M.K. Stalin and Kanimozhi, courted arrest while leading protest demonstrations in various parts of the State. The day was marked by a ... Read More »
There is significant money to be made in Europe by investing and lending where local banks cannot, two prominent private fund managers told attendees of a U.S. hedge fund conference on Friday. “The most attractive opportunity in this environment is to step in where the banks are least able to ... Read More »
Oil prices fell 4 percent on Friday, paring most of the previous session’s rise as traders noted that a tropical storm was behind this week’s unexpected slump in U.S. crude inventories. The market ended up around 3 percent, its first gain in three weeks. Traders cited hopes for a global ... Read More »
Labour MP Keith Vaz has stepped down as chairman of the Home Affairs Select Committee. It follows newspaper claims he paid for the services of two male sex workers. He said: “It is in the best interest of the Home Affairs Select Committee that its important work can be conducted ... Read More »
Britain’s services sector enjoyed a record rise last month, as companies shrugged off the initial shock of the vote to leave the EU, according to a survey of business activity that adds to signs the economy has escaped recession in the immediate aftermath of the referendum. The Markit/CIPS purchasing managers’ ... Read More »
Indonesia is screening travellers from neighbouring Singapore for the mosquito-borne Zika virus as the city-state reports a growing number of infections and its first case of a pregnant woman testing positive. Indonesian Health Ministry spokesman Oscar Primadi said on Thursday that health officials are recommending that the Foreign Ministry issue ... Read More »
UK will continue to attract investment, chancellor says Philip Hammond, the new(ish) chancellor, says Britain will remain an outward-looking country, attractive to foreign companies: In a statement released to coincide with a visit to Jaguar Land Rover (owned by India’s Tata), he said: As an outward-looking country, we will continue ... Read More »
Alphabet is breaking up Nest, its standalone smart-home gadgets company, and moving Nest’s software group back into Google. Nest Labs will continue to exist as a subsidiary of Google parent company Alphabet, but it will be limited to selling Nest-branded hardware, like its internet-connected thermostat. Nest’s programmers, meanwhile, will go ... Read More »
