Microsoft has announced it is to acquire the code-sharing site Github. Github, based in San Francisco, is an online platform that allows coders to collaborate with each other on their work. It is used by employees at many big companies, including Microsoft. Microsoft said it was paying $7.5bn (£5.6bn) in stock to achieve the deal, […]

WASHINGTON  – Trade frictions between the United States and Canada are a “family quarrel,” President Donald Trump’s economic adviser said on Sunday, brushing aside concerns expressed by Canadian Prime Minister Justin Trudeau as an overreaction. The Trump administration said on Thursday it was moving ahead with tariffs on aluminum and steel imports from Canada, Mexico […]

SHANGHAI  – Chinese conglomerate HNA Group [HNAIRC.UL] has agreed to purchase 200 C919 and 100 ARJ-21 planes from the Commercial Aircraft Corp of China Ltd (COMAC), the companies said on Saturday. HNA and COMAC said in a statement that they had signed a strategic cooperation under which HNA had agreed to introduce and operate the […]

NEW YORK – World stocks rose and bond prices fell on Friday as investors welcomed a stronger-than-expected U.S. jobs report and an apparent end to a political crisis in Italy, although prospects for a full-blown global trade war limited the gains. The MSCI All-Country World index .MIWD00000PUS, which tracks shares in 47 countries, gained 0.74 […]

Expands its Growing, Cultivating, and Distributing Services JACKSONVILLE, FL, June 1, 2018 (GLOBE NEWSWIRE) — mCig, Inc. (MCIG) www.mciggroup.com, a diversified company servicing the legal cannabis markets is pleased to announce they have closed escrow on the purchase of a 2.5 acre parcel in California City, CA. MCIG’s agriculture division, with its Hemp farms in […]

WASHINGTON – U.S. economic growth slowed slightly more than initially thought in the first quarter as consumer spending rose at its weakest pace in nearly five years, but activity is already picking up against the backdrop of a tightening labor market and tax cuts. Gross domestic product increased at a 2.2 percent annual rate, the […]

U.S. stock indexes slumped on Tuesday, with bank stocks among the hardest hit, as a deepening political crisis in Italy triggered rush to safe-haven assets. The S&P 500 and the Dow Jones Industrial Average were hovering near three-week lows on the prospects of a repeat election in Italy that has raised doubts about the country’s […]

GENEVA – The European Union told the World Trade Organization’s dispute settlement body on Monday that it had acted within days of a WTO ruling to bring its funding of planemaker Airbus into line with WTO rules, a trade official who attended the meeting said. The United States won a partial victory on May 15 […]

Incessant rise in petrol and diesel prices have forced the government to explore solutions that would provide some relief to the buyers. The list of possible courses of action include bringing petroleum products under the ambit of Goods and Services Tax (GST). However, Bihar Deputy Chief Minister Sushil Kumar Modi has argued that GST would […]

FRANKFURT  – Audi Chief Executive Rupert Stadler said the diesel emissions affair was not over and promised to stay at the helm of the German luxury car maker, a German newspaper reported on Saturday. Stadler also told the Augsburger Allgemeine newspaper that he did not rule out further vehicle recalls. Audi said this month it […]