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The Financial Express

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Apple faces lawsuits over slowed iPhones

Apple faces lawsuits over slowed iPhones

BBC 2017-12-23 10:50:33

Two class action lawsuits have been launched against Apple in the US following the tech giant's admission that it slows down older models of the iPhone as they age. Apple has said that it did this to...

German coalition talks: Europe reforms in focus

German coalition talks: Europe reforms in focus

-- 2017-12-23 10:49:20

French President Emmanuel Macron’s proposed European reforms will play a big role in talks between German Chancellor Angela Merkel’s conservatives to form a government with the center-left...

Wall St falls ahead of holiday

Wall St falls ahead of holiday

-- 2017-12-23 10:36:46

Major indexes of US stocks dipped on Friday in low trading volume before the holiday weekend as several blue-chip stocks slipped, including Nike. Nike Inc shares fell 2.3 per cent after the company f...

FBI arrests ex-marine over ‘Christmas terror plot’

FBI arrests ex-marine over ‘Christmas terror plot’

-- 2017-12-23 10:10:00

A former US marine has been arrested by the FBI on suspicion of planning a terror attack in the popular tourist attraction San Francisco on Christmas day. Everitt Aaron Jameson, 25, was held after al...

Massive fire breaks out at London Zoo

Massive fire breaks out at London Zoo

-- 2017-12-23 03:28:19

More than 70 firefighters were tackling a blaze at London Zoo on Saturday after a fierce fire broke out at the attraction’s cafe and shop, the fire brigade said. There were no reports of any a...

Turkish parliament approves 2018 budget

Turkish parliament approves 2018 budget

-- 2017-12-23 02:32:13

Turkey’s parliament has approved the country’s 2018 budget, which includes increased spending on defence and projects a rise in the fiscal deficit to 65.9 billion lira ($17.28 billion)....

Rajinikanth plans to enter politics

Rajinikanth plans to enter politics

-- 2017-12-23 02:13:14

Rajinikanth’s close friend Tamilaruvi Manian on Friday said that the actor would disclose his plan of action regarding his entry in politics before December 31. “On any day from 26th Dece...

Venezuela economy shrinks by 16.5pc in 2016

Venezuela economy shrinks by 16.5pc in 2016

-- 2017-12-22 12:44:34

Venezuela’s economy shrank 16.5 per cent in 2016, the government said on Thursday, as the oil-dependent nation continued to slump as a result of weak crude prices. Venezuela’s governmen...

UK consumer confidence rises in Dec

UK consumer confidence rises in Dec

-- 2017-12-22 12:20:00

Business confidence among British businesses has picked up to its highest level since July as firms expect a busier 2018, though optimism remains well below its level before last year’s Brexit v...

Nikkei share nearly flat

Nikkei share nearly flat

-- 2017-12-22 11:23:18

Japan’s Nikkei share average was flat on Friday as gains in commodities trading houses offset weakness in drugmakers, while Kobe Steel stumbled after it said senior executives were aware of da...

US stocks rise; bank, energy stocks climb

US stocks rise; bank, energy stocks climb

-- 2017-12-22 11:12:37

US stock indexes rose on Thursday, boosted by bank and energy stocks as investors bet on more economically sensitive sectors. Energy and financial stocks led gains among the 11 major S&P sectors....

S Korean stocks rebound, won gains

S Korean stocks rebound, won gains

-- 2017-12-22 03:33:26

South Korea’s KOSPI stock index rose, while the Korean won rose in the local platform and bond yields rose. At 06:30 GMT, the KOSPI was up 10.71 points or 0.44 per cent at 2,440.54, reports Reu...

Asian shares edge higher after Wall St gains

Asian shares edge higher after Wall St gains

-- 2017-12-22 03:32:31

Asian shares edged higher on Friday, tracking modest gains on Wall Street. Tokyo’s Nikkei 225 index added 0.1 per cent to 22,893.06 following Cabinet approval of a budget plan that includes re...

BSE, NSE rise ahead of holidays

BSE, NSE rise ahead of holidays

-- 2017-12-22 03:31:28

Indian shares rose on Friday, with financials stocks such as Housing Development Finance Corporation Ltd (HDFC) boosting the indexes after it said it is selling two of its units to Quikr India. The b...

SE Asian stocks subdued ahead of holidays

SE Asian stocks subdued ahead of holidays

-- 2017-12-22 03:30:30

Most of the Southeast Asian markets were subdued on Friday in thin trade ahead of a long holiday weekend. Singapore shares rose slightly after six consecutive sessions of declines, reports Reuters....

Hong Kong edge up ahead of X'mas holiday

Hong Kong edge up ahead of X'mas holiday

-- 2017-12-22 03:29:41

The Hong Kong market rose slightly in subdued trading on Friday ahead of the Christmas holidays. Chinese H-shares listed in Hong Kong rose 0.16 per cent to 11,615.66. The Hang Seng Index was up 0....

China stocks dip as bank shares drag

China stocks dip as bank shares drag

-- 2017-12-22 03:28:48

China stocks dipped on Friday, as weakness in banking and consumer stocks offset gains in the energy sector, but the indexes were up for the week. At the close, the Shanghai Composite index was down...

New Zealand shares up slightly

New Zealand shares up slightly

-- 2017-12-22 03:27:43

New Zealand shares extended gain on Friday, six consecutive weekly gain and its longest weekly streak since July. The benchmark S&P/NZX 50 index rose 0.4 per cent or 31.99 points to finish the se...

Australian shares tick up

Australian shares tick up

-- 2017-12-22 03:26:57

Australian shares ticked up on Friday, following a strong lead from global markets, while materials stocks extended gains on higher commodities prices. Wall Street stocks rose on Thursday in the wake...

Fed still sees cyber risks two years after BB heist

Fed still sees cyber risks two years after BB heist

-- 2017-12-22 01:24:57

The Federal Reserve, which was at the center of an unsolved $81-million cyber heist nearly two years ago, is ready for further talks with foreign counterparts to address the lingering risks of cyber...

Japan Nov core CPI seen steady

Japan Nov core CPI seen steady

-- 2017-12-22 01:03:09

Japan’s nationwide core consumer price index (CPI) likely rose 0.8 per cent in November from a year ago, unchanged from October’s reading, a Reuters poll found on Friday. The country&rsqu...

Australian submarine found after 103 years

Australian submarine found after 103 years

BBC 2017-12-21 12:00:00

The wreck of Australia's first naval submarine has been found after a 103-year search. The HMAS AE-1 was the first Allied submarine lost in World War I, vanishing off Rabaul, Papua New Guinea with 35...

Group singing ‘boosts mental health’

Group singing ‘boosts mental health’

BBC 2017-12-21 12:00:00

Singing in groups can help people recover from mental illness, making them feel valued and increasing their confidence, according to research. A University of East Anglia study of singers involved in...

Apple admits it slows down old iPhones!

Apple admits it slows down old iPhones!

-- 2017-12-21 12:00:00

Apple has finally responded to reports claiming that the company is throttling the performance on older models of iPhones. The company confirmed that it was altering the performance of selected iPhon...

Uganda lifts presidential age limit

Uganda lifts presidential age limit

-- 2017-12-21 11:45:20

Uganda's parliament has approved a constitutional change that will allow the current president to run for an unprecedented sixth term in office. After three days of debate, MPs voted overwhelmingly t...

Australian shares slow after tax vote

Australian shares slow after tax vote

-- 2017-12-21 11:34:48

Australian shares were slightly lower on Thursday, pulling back from the previous session’s near 10-year high after a lacklustre Wall Street response to the much-awaited US tax cut approval. Ho...

NZ  shares edge lower after gloomy economic forecasts

NZ shares edge lower after gloomy economic forecasts

-- 2017-12-21 11:33:07

New Zealand shares edged lower on Thursday after data showed that economic growth cooled. The benchmark S&P/NZX 50 index pulled back from a record high hit during the previous session, according...

Mexico arrests ex-high official in corruption probe

Mexico arrests ex-high official in corruption probe

-- 2017-12-21 11:14:12

A former high-ranking official from Mexican President Enrique Pena Nieto’s party was arrested as part of a corruption investigation in the northern state of Chihuahua, the state’s governor...

Bank of Japan stays upbeat on economy

Bank of Japan stays upbeat on economy

Reuters 2017-12-21 10:53:43

The Bank of Japan kept monetary policy steady on Thursday despite growing signs of strength in the economy, signalling that it was in no rush to edge away from crisis-mode stimulus with inflation stil...

US stocks edge lower after tax bill

US stocks edge lower after tax bill

-- 2017-12-21 10:46:13

US stocks ended slightly lower on Wednesday after both houses of Congress approved a long-anticipated tax overhaul. The Dow Jones Industrial Average fell 28.1 points, or 0.11 per cent, to 24,726.65,...