Business – Page 354 – Asian News from UK

Black Friday sales top $9 Billion in US

US consumers spent $9 billion online during the Black Friday sale, up by 21.6 per cent on a year ago. Smartphones alone accounted for $3.6 billion in sales — up by 25.3

November 29, 2020

Business·USA

India’s Q2 FDI inflows touch $28.10 Bn

The total foreign direct investment (FDI) during the second quarter of financial year 2020-21 stood at $28.10 billion, out of which FDI equity inflows were $23.44 billion. “This takes the FDI equity

November 29, 2020

Business·Economy·India News

China’s cloud infra spending grows 65% in Q3

Alibaba Cloud remained the leader in the China Cloud services market in Q3 with a 41 per cent market share and continued strong growth. The China Cloud infrastructure spend grew 65 per

November 29, 2020

Business·World News

Samsung’s Smartphone Profits Spike in Q3

Samsung Electronics narrowed the gap with Apple in terms of profit shares in the third quarter, with more than 30 per cent smartphone market share globally, a new report said on Friday.

November 27, 2020

Business·World News

RBI grants Rs 318.20 relief to LVB

In a sudden turn of events, some hours before the amalgamation of the Lakshmi Vilas Bank (LVB) with DBS Bank India Ltd is to take effect, the Reserve Bank of India (RBI)

November 27, 2020

Business·Economy·India News

Majority ready to switch to WFH in India: Survey

More than half of the office-goers in India are willing to switch jobs if it meant they could work remotely, said a new survey on Thursday. There has been a heightened interest

November 27, 2020

Business·Economy·India News

FIIs turn net buyers in India in 2020

With over Rs 55,000 crore net purchase of equities, foreign institutional investors (FIIs) have turned net buyers for the year 2020. So far in November, FIIs have made net purchase worth Rs

November 26, 2020

Business·Economy·India News

US grants seven more days to transfer TikTok’s ownership

The Donald Trump administration has granted China’s ByteDance further seven-day extension to sell its short video-sharing platform TikTok’s American business. The US Department of Treasury on Wednesday said that the Committee on

November 26, 2020

Business·USA

Festive spike in E-Com demand lesser than expected: Report

This festive season has seen 30-40 per cent growth in e-commerce volumes with overall growth similar to that witnessed last year. A report by financial services major, Bernstein, said: “While not a

November 26, 2020

Business·Economy·India News

South Korea fines Facebook for sharing private information

South Korea’s information watchdog on Wednesday fined Facebook Inc. 6.7 billion won (US$6 million) for passing information of at least 3.3 million South Koreans to other companies in its first crackdown on

November 26, 2020

Business·Tech LITE·World News

Business - Page 354