Stubbornly high shipping expenses for businesses are getting sealed into contracts for the next 12 months, forcing companies to pass the extra costs on to consumers. The price for a container of goods from China…
Honda teams up with GM on self-driving cars
GM and Cruise have been building and developing self-driving versions of GM's Chevrolet Bolt EV electric car with plans to deploy a fleet of them for public use next year. With Honda's engineering and financial…
Do I have to pay back my $1,200…
The $ 2 trillion stimulus bill that authorized direct checks to millions of Americans is a sprawling and complicated piece of legislation — true story. But here’s another true story: your money is yours to…
First sovereign gold bond of FY21 opens on…
NEW DELHI: The series-I of the Sovereign Gold Bond (SGB) scheme for 2020-21 will open for subscription on Monday. Prospective bidders can bid for a minimum of 1 gm of gold at Rs 4,639 per…
China says it will never use its currency…
GoPro CEO: We're 'actively looking' to source outside of China The trade war between China and the United States is intensifying, but Beijing has just taken one potential weapon off the table. Premier Li Keqiang…
Saudis set to sell 600,000 barrels a day…
By Javier BlasSaudi Arabia is set to sell about 600,000 barrels a day of crude to the US in April, the highest volume in a year, according to a Saudi industry official familiar with allocations…
IRS has relaxed its electronic filing rules during…
Andrew Harrer | Bloomberg | Getty ImagesIn the 11 weeks since the novel coronavirus first made its way to the U.S., Americans have been forced to conform to sweeping changes as schools and businesses made…
Carson Block’s Muddy Waters takes short position in…
Carson Block's Muddy Waters Research announced Wednesday it has taken a short position in eHealth Inc., which owns a digital health insurance exchange. Block, who disclosed the short on CNBC's "Squawk Box," said he does not believe the…
Avg network speeds in peak hours since India…
New Delhi: Mobile data usage during lockdown period has surged by 16%, leading to telecom network average peak hour speeds plummeting by upto 36%, a research by mobile analytics firm Tutela showed. According to the…