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Business News

Netflix Surges Globally, Slows Nationally (NASDAQ:NFLX)

The fourth quarter has been a mixed bag for Netflix. The company is achieving record global growth. The company now has a total of 74.76 million subscribers across the globe. Netflix is pushing to make its service available around the world. The company has introduced its service to more than […]

Indian gold demand rises 10 per cent in Sep quater; festive outlook muted

MUMBAI: Indian gold demand during the September quarter registered a 10 per cent rise to 183.2 tonne from a year earlier, as prices fell significantly resulting in bargain buying, the (WGC) said in a report Thursday. Going forward, however, the seasonal spike in gold demand could be moderate this Dhanteras-Diwali, […]

US productivity growth slows to 2.2 per cent rate in Q3

WASHINGTON: US grew at an annual of 2.2 per cent in the third quarter. It marks a slowdown from the previous quarter but is still better than the weak gains seen for most of this nine-year expansion. Labour costs accelerated but still remained at a low level. The Labour says […]

Enough supply of petroleum for countries to cut oil import from Iran: Trump

WASHINGTON: President said on Wednesday in a presidential memorandum that he had determined there was sufficient supply of petroleum and petroleum products for countries to “significantly” reduce their purchase of crude oil from Iran, which is going to face US sanctions from November 5. In May, Trump pulled the US […]

Sensex, Nifty turn choppy; erase early gains on profit-booking

MUMBAI: The rose over 100 points Thursday, but turned choppy after investors began booking profits at higher levels. The benchmark indices opened higher led by banking and auto stocks amid sustained buying by domestic institutional investors (DIIs), better-than-expected corporate earnings and positive global cues buoyed sentiment. The 30-share Sensex rallied […]

New Google Tax Deal Does Not Silence Critics

Under a great deal of pressure, Google buckled and agreed it would pay millions to the government of the UK in back taxes. However, critics of the search giant remain unsatisfied. Google is the most recent global company targeted over taxes and it agreed to pay over £130 million or […]