Edition:
India

Ismail Shakil

Fitch cuts India's sovereign rating outlook to 'negative'

18 Jun 2020

, MUMBAI/BENGALURU Fitch cut its outlook on India's sovereign rating to "negative" from "stable" on Thursday and forecast a 5% contraction in growth for the current fiscal year, saying the coronavirus outbreak was extracting a heavy toll on the economy.

NYPD rules out criminality by Shake Shack after officers fall ill

16 Jun 2020

New York's police department said on Tuesday it found no criminal behavior by staff of burger chain Shake Shack, after three officers complained of feeling ill and their union said their shakes may have been spiked with bleach.

UPDATE 1-NYPD rules out criminality by Shake Shack after officers fall ill

16 Jun 2020

June 16 New York's police department said on Tuesday it found no criminal behavior by staff of burger chain Shake Shack, after three officers complained of feeling ill and their union said their shakes may have been spiked with bleach.

U.S. network pulls live police documentary show amid protests against racism

11 Jun 2020

U.S. TV network A&E has canceled a live documentary show on police officers in action, the latest media company to reassess their content amid widespread protests against law enforcement brutality on people of color in the country.

U.S. network pulls live police documentary show amid protests against racism

11 Jun 2020

June 11 U.S. TV network A&E has canceled a live documentary show on police officers in action, the latest media company to reassess their content amid widespread protests against law enforcement brutality on people of color in the country.

Bon Appetit editor Adam Rapoport resigns after racially offensive photo resurfaces

10 Jun 2020

Bon Appetit's editor-in-chief, Adam Rapoport, resigned late Monday after a 16-year-old picture of him with brownface resurfaced online and drew harsh criticism, coupled with a subsequent claim of discriminatory pay at the Conde Nast-owned U.S. food magazine by a staff editor.

Nike, Under Armour join retailers shutting stores to limit virus spread

16 Mar 2020

Nike Inc, Lululemon Athletica Inc and Under Armour Inc on Sunday said they would close stores in the United States and other markets, joining a growing list of major retailers moving to help limit the spread of the coronavirus. | Video

Rise in government borrowing can squeeze corporate sector: RBI's Viral Acharya

23 Jul 2019

MUMBAI/BENGALURU An increase in government borrowing runs the risk of flooding the debt market, and puts upward pressure on interest rates, making it more expensive for companies to borrow, said outgoing Reserve Bank of India Deputy Governor Viral Acharya.

U.S. proposes barring big tech companies from offering financial services, digital currencies

15 Jul 2019

A proposal to prevent big technology companies from functioning as financial institutions or issuing digital currencies has been circulated for discussion by the Democratic majority that leads the House Financial Services Committee, according to a copy of the draft legislation seen by Reuters.

India's space startups ignite investor interest

24 Jun 2019

MUMBAI From companies building palm-sized satellites to those aiming to propel satellites into space using cleaner fuels, a new wave of space technology startups are mushrooming in India, catching the attention of investors keen to join the space race.

World News