Business


Trump plays hardball, wins renegotiation of NAFTA

Trump, during a White House appearance with Argentine President Mauricio Macri, said terminating the North American Free Trade Agreement, a pact he has long condemned as unfair to the United States, "would be a pretty big shock to the system", though he was planning to do so within two or three days.



Major conflict with North Korea possible

Admiral Harry Harris, who heads the US Pacific Command, said this week the US Carl Vinson strike group was in the Philippine Sea just east of Okinawa, "in striking range and power projection range of North Korea if called upon to do that".


Oil prices continue to fall over excess supply concerns

Oil prices continue to fall over excess supply concerns

Brent crude futures, the global benchmark for oil prices, were at $51.63 per barrel, down 19 cents, or 0.37 percent. Richard Gorry , managing director of JBC Energy Asia , told CNBC that while the OPEC initiative has made floating storage uneconomical, "People had over-expectations for the output cuts for the first half of the year; they would balance the market a little bit better, but it's not that we would see a big inventory drawdown".


Markets Right Now: Energy stocks lead US indexes lower

Markets Right Now: Energy stocks lead US indexes lower

The Nasdaq Composite closed at a record high on Thursday boosted by results-related gains in Comcast, PayPal and Intuit, while the S&P 500 and the Dow were little changed. Washington is also a big factor. A potential shutdown of the federal government also looms unless Congress can agree on a spending bill. OUTLIER: Express Scripts Holding was among the few stocks to fall on Tuesday, and it lost $8.11, or 12.1 percent, to $59.14.


Early morning shows of 'Baahubali 2' cancelled in Tamil Nadu

Early morning shows of 'Baahubali 2' cancelled in Tamil Nadu

The producers have not given clearance to their Tamil distributors to screen the film before 11 am, which will result in a huge monetary loss as Chennai is believed to be one of the biggest markets for this franchise. Many who booked the tickets online for the 8 am show are yet to get a refund. Released on April 28, Baahubali 2 did not turn out to be a morning treat to TN people.


New Suzuki Swift on sale in June

New Suzuki Swift on sale in June

For the latest supermini, there will only be a five-door option with Suzuki opting to ditch the less practical three door. However, the latest model is a winning formula with a fresh look which meant that it scored a 9/10 in our review of the auto, which you can read here.