Day: November 7, 2018

Russia seeks to dump dollar as new US sanctions loom

Moscow is intensifying efforts to wean its economy off the dollar as Washington considers tough new sanctions that could deny Russia access to foreign debt markets and cut its banks from the greenback.  President Vladimir Putin has repeatedly slammed the US unit’s dominance on the world’s stage but […]

Google touts progress in fight against piracy

Google said Wednesday it is making strides in helping internet users legitimately get songs, films and apps while choking off revenue to websites with stolen digital content. A 64-page report released by Google claimed progress in the war on piracy, but also noted a new battlefront in the […]

BMW profit dips in ‘volatile’ times

German high-end carmaker BMW on Wednesday posted a steep drop in quarterly profit as new EU emissions tests, global trade tensions and costly recalls weighed on the bottom line. The Munich-based group said net profit between July and September slumped 24 percent year-on-year to 1.4 billion euros ($1.6 […]

Midterm election loss won’t put Trump back in his box

Donald Trump boasts about winning, but after Democrats seized the House of Representatives on Tuesday, the reality show-host-turned-president is finding out how it feels to be one of the “losers” he usually mocks. And has he responded with humility? Did the former billionaire real estate dealer and ringmaster […]

Highway to hell: Afghan travellers run gauntlet of Taliban violence

On a good day, it takes Mohammad less than three hours to drive from Ghazni to Kabul. But preparations for the hair-raising journey through Taliban-infested areas can take weeks.   Road trips are a dangerous, and often deadly, activity in Afghanistan. Travellers run the gauntlet of Taliban checkpoints, […]

Bollywood swashbuckler battles the British

Bollywood’s answer to “Pirates of the Caribbean”, the swashbuckling, star-studded “Thugs of Hindostan” sails into cinemas on Thursday, battling British colonisers on a quest for loot and box office records. This year’s big release for India’s Diwali festival, the seafaring song-and-dance fest with superstars Aamir Khan and Amitabh […]

Runaway mining train travels 90 km without driver

A huge runaway train laden with iron ore had to be derailed remotely after speeding through the Australian outback for almost an hour. The 268-wagon train started on its solo journey when the driver got down from his cab to carry out an inspection, and was soon hurtling […]

79 abducted pupils freed in troubled Cameroon region: minister

Seventy-nine school pupils abducted by gunmen this week in a troubled English-speaking region of Cameroon have been freed, the country’s communications minister told AFP Wednesday. “All 79 students have been released,” said Issa Bakary Tchiroma, without giving details of the circumstances under which they were set free. The […]

Global Markets: Stocks hold gains, dollar weaker as Democrats win U.S. House

Wall Street stock futures and Asian shares held earlier gains on Wednesday after Democrats won control of the U.S. House of Representatives, boosting the party’s ability to block President Donald Trump’s political and economic agenda. The Democrats’ House win creates a clear hurdle for Republicans to easily pass […]

How Apple is losing its grip on India

Software engineer Samee Alam was ready to take the big leap and buy an iPhone in this week’s Diwali festival sales, but at the last minute he opted for cheaper Chinese competitor OnePlus instead. Alam, 27, spends hours on his phone watching shows, surfing and shopping, making him […]

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