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Japan stocks continue to gain despite the Brexit turmoil

Japanese shares on Tuesday continued to roll back losses from last Friday's sharp post-Brexit tumble.After initial losses in morning trade, the Nikkei 225 index continued to build on Monday's gains and was up by 0.5% to 15,387.99 points.With the yen remaining strong, Japanese…

VW US emissions settlement reported to cost $15bn

German carmaker Volkswagen has reportedly reached a $15bn (£11.3bn) settlement with US car owners after admitting it cheated emission tests.The deal would offer to repair or buy back the affected diesel vehicles and pay owners compensation, according to sources close to the talks.Last…

EU referendum: What next for the world's central banks?

Economic policymakers must now decide whether and how they should respond to the UK's vote to leave the EU.A Leave vote was always seen as more likely to generate significant disturbances in the financial world.For that reason it is also the result which…

Tesco To Sell Coffee Chain To Caffe Nero

Shares rise as the supermarket reveals plans to sell its coffee business and reports more sales growth for the wider group.Tesco has announced it plans to sell coffee chain Harris and Hoole to Caffe Nero - as boss Dave Lewis said he was encouraged…

Flat Day For Pound As EU Vote Looms Large

A much calmer session for the pound and world stock markets, reflecting relative calm despite the referendum on Thursday.Sterling remains at its highest level since the start of the year despite polls suggesting a boost for the Remain campaign in the EU referendum.The…

More Than 1,280 Business Leaders Urge Remain

Figures such as Richard Branson and Charles Dunstone join printers and farmers in calling on people to reject Brexit on Thursday.Remain campaigners are claiming a coup after winning the backing of 1,285 business leaders on the final day of the EU referendum campaign.The…

China builds world's most powerful computer

A new supercomputer from China has topped the latest list of the world's most powerful machines.The 93 petaflop Sunway TaihuLight is installed at the National Supercomputing Centre in Wuxi.At its peak, the computer can perform around 93,000 trillion calculations per second.It is…

Telcos better network quality; more to be done for call drops

Most of the telecom operators have shown improvement in network performance although Airtel, Vodafone, Reliance, Aircel and Idea need to better their call drop rate performance in Delhi-NCR, Trai on Monday said.According to Trai's 'Independent Drive Test Report' for May, there has been 'general…

Markets end higher taking Rexit in stride, easing Brexit worries

Markets ended higher on Monday after opinon polls in Britain over the weekend, ahead of the referendum on Thursday, increased the possibility that Britain would continue to remain in the European Union.Earlier, markets witnessed a knee-jerk reaction after RBI Governor Raghuram Rajan's decision to…

Govt approves 100% FDI in aviation, defence, e-commerce

Government on Monday relaxed foreign direct investment norms in a host of sectors including civil aviation, single-brand retail, defence and pharma by permitting more investments under automatic route.Other sectors in which FDI norms have been relaxed include e-commerce in food products, broadcasting carriage services,…

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Japan stocks continue to gain despite the Brexit turmoil Japan stocks continue to gain despite the Brexit turmoil Japanese shares on Tuesday continued to roll back losses from last Friday's sharp post-Brexit tumble. After initial losses in morning…… VW US emissions settlement reported to cost $15bn VW US emissions settlement reported to cost $15bn German carmaker Volkswagen has reportedly reached a $15bn (£11.3bn) settlement with US car owners after admitting it cheated emission tests.…… EU referendum: What next for the world's central banks? EU referendum: What next for the world's central banks? Economic policymakers must now decide whether and how they should respond to the UK's vote to leave the EU. A…… Tesco To Sell Coffee Chain To Caffe Nero Tesco To Sell Coffee Chain To Caffe Nero Shares rise as the supermarket reveals plans to sell its coffee business and reports more sales growth for the wider…… Flat Day For Pound As EU Vote Looms Large Flat Day For Pound As EU Vote Looms Large A much calmer session for the pound and world stock markets, reflecting relative calm despite the referendum on Thursday. Sterling…… More Than 1,280 Business Leaders Urge Remain More Than 1,280 Business Leaders Urge Remain Figures such as Richard Branson and Charles Dunstone join printers and farmers in calling on people to reject Brexit on…… China builds world's most powerful computer China builds world's most powerful computer A new supercomputer from China has topped the latest list of the world's most powerful machines. The 93 petaflop Sunway…… Telcos better network quality; more to be done for call drops Telcos better network quality; more to be done for call drops Most of the telecom operators have shown improvement in network performance although Airtel, Vodafone, Reliance, Aircel and Idea need to…… Markets end higher taking Rexit in stride, easing Brexit worries Markets end higher taking Rexit in stride, easing Brexit worries Markets ended higher on Monday after opinon polls in Britain over the weekend, ahead of the referendum on Thursday, increased…… Govt approves 100% FDI in aviation, defence, e-commerce Govt approves 100% FDI in aviation, defence, e-commerce Government on Monday relaxed foreign direct investment norms in a host of sectors including civil aviation, single-brand retail, defence and…… More Business News