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India Posts The Worst Car Sales Data In Eight Years

India Posts The Worst Car Sales Data In Eight Years

Passenger vehicle sales in April fell 17.1% to 247,541 units from a year earlier, data released by the Society of Indian Automobile Manufacturers showed. MUMBAI – Sales of cars and SUVs in India slumped the most since October 2011, adding to a slew of bad news that points to a slowdown in the world’s fastest-growing […]

May 18th, 2019 | Posted in Business | Read More »

China To Impose Tariffs On $60 Billion Of US Goods

China To Impose Tariffs On $60 Billion Of US Goods

China will impose tariffs on a total of 5,140 US products from June 1, the finance ministry said in a statement on Monday. HONG KONG – China said on Monday it would impose higher tariffs on a range of U.S. goods, striking back in its trade war with Washington shortly after U.S. President Donald Trump […]

May 18th, 2019 | Posted in Business | Read More »

Amazon To Employees: “We’ll Pay You To Quit And Haul Packages”

Amazon To Employees: “We’ll Pay You To Quit And Haul Packages”

Amazon seeks to speed up its shipping time from two days to one for its Prime members by paying employees to quit and deliver packages, says it will cover up to $10,000 in startup costs . NEW YORK – Amazon, which is racing to deliver packages faster, is turning to its employees with a proposition: […]

May 18th, 2019 | Posted in Business | Read More »

Porsche To Pay 535 Milllion Euro Fine Over Diesel Cheating Affair

Porsche To Pay 535 Milllion Euro Fine Over Diesel Cheating Affair

Porsche confirmed the fine and said that prosecutors’ proceedings against the company had now come to an end BERLIN – German prosecutors have imposed a fine of 535 million euros ($598.99 million) on German luxury carmaker Porsche AG for neglecting supervisory obligations linked to diesel emissions cheating, they said in a statement on Tuesday.   […]

May 11th, 2019 | Posted in Business | Read More »

India, China Join Hands On Oil

India, China Join Hands On Oil

This is the first institutionalised arrangement between the two sides to cooperate in energy though they have several groups on issues such as counter-terrorism and the boundary dispute. NEW DELHI – India and China are working closely on common trade concerns, including cooperation in buying oil and gas, against the backdrop of a US squeeze […]

May 11th, 2019 | Posted in Business | Read More »

Boeing CEO Defends Safety Record Amid Two Deadly Crashes

Boeing CEO Defends Safety Record Amid Two Deadly Crashes

Muilenburg said that Boeing followed the same design and certification process it has always used to build safe planes, and he denied that the Max was rushed to market. NEW YORK – The CEO of Boeing defended the company’s safety record and declined to take any more than partial blame for two deadly crashes of […]

May 11th, 2019 | Posted in Business | Read More »

“Doug Paaji” Says Surrey Police Should Be Ready By July 2020 At Extra Cost Of Just 10 Percent To Taxpayers

“Doug Paaji” Says Surrey Police Should Be Ready By July 2020 At Extra Cost Of Just 10 Percent To Taxpayers

SURREY – In his first State of the City Address since returning to the Mayor’s Office on Nov 5, Doug McCallum, aka Doug Paaji, used the occasion to announce that the much hyped Surrey police will be up and running in just over a year by July 2020. “I am proud of what has been […]

May 7th, 2019 | Posted in Business, International, Link News, News, Punjab Link, South Asian, South Asian, Top News | Read More »

Microsoft Surpasses $1 Trillion Valuation

Microsoft Surpasses $1 Trillion Valuation

Microsoft Corp. shares jumped pre-market Thursday, with the company’s stronger-than-expected March quarter results set to lift its market capitalization “to $1 trillion and beyond,” in the words of Morgan Stanley. SEATTLE – Microsoft Corp. shares jumped pre-market Thursday, with the company’s stronger-than-expected March quarter results set to lift its market capitalization “to $1 trillion and […]

May 4th, 2019 | Posted in Business | Read More »

Facebook Beats Profit Estimates

Facebook Beats Profit Estimates

Monthly and daily users of the main Facebook app compared to last quarter were both up 8 % to 2.38 billion and 1.56 billion, respectively. NEW YORK – Facebook on Wednesday blew away Wall Street profit estimates in the first quarter as it kept a lid on the costs of making its social networks safer, […]

May 4th, 2019 | Posted in Business | Read More »

Donald Trump Continues To Go After India On Trade, Says It Slaps ‘Big Tariffs’ On American Products

Donald Trump Continues To Go After India On Trade, Says It Slaps ‘Big Tariffs’ On American Products

  The US President has repeatedly claimed that India is a “tariff king” and imposes “tremendously high” tariffs on American products. WASHINGTON – US President Donald Trump has criticised India’s “big tariffs” on American paper products and the iconic Harley-Davidson bikes, saying the US has been losing billions of dollars to countries like India, China and Japan. […]

May 4th, 2019 | Posted in Business | Read More »