Business


Abbas, Modi discuss Middle East peace process

Contrary to initial perception, the Modi-led government has had a sustained engagement with Palestine, including a visit by President Pranab Mukherjee in 2015, holding the first ever Joint Commission previous year and extending grants for development and capacity building projects.



China's Xi Jinping says Belt and Road Initiative needs to reject protectionism

Leaders from 30 countries and three key worldwide organizations attending a roundtable meeting of a forum agree to oppose all forms of protectionism, according to a communique. According to him, a huge project like this was likely to have asszociated risks due to the huge number of regions involved and he urged China to take advantage of the Belt and Road Forum for International Cooperation to consult with other stakeholders on how to minimize the risks.



Ford to cut 1400 white-collar jobs in North America, Asia

Ford's move to cut its salaried workforce instead of assembly-line workers could protect it from scrutiny by President Donald Trump. Ford said almost all of its "skill teams" will be affected, except for Ford Credit, product development, manufacturing, IT and global data and analytics.


Could the Comey memo bring down the presidency?

Could the Comey memo bring down the presidency?

On Tuesday, the New York Times broke the news that fired FBI director James Comey supposedly memorialized a conversation in which President Trump asked him to shut down the FBI's investigation of former Trump National Security Adviser Michael Flynn.


IT cos to net hire 1.5 lakh staff this year

IT cos to net hire 1.5 lakh staff this year

Nasscom says that the IT outsourcing industry employs almost four million Indians and saw revenues of around $154 billion. The body also explained how the world was moving towards automation and digital services and employees will have to "re-skill or perish".



National Bank Financial Analysts Cut Earnings Estimates for Sandstorm Gold Ltd (SSL)

Shares of Sandstorm Gold Ltd (TSE:SSL) have received a consensus rating of "Buy" from the seven research firms that are presently covering the stock. The Shareholder Yield is a way that investors can see how much money shareholders are receiving from a company through a combination of dividends, share repurchases and debt reduction.