Business
SAP Cuts 2020, Mid-term Guidance Due To COVID-19 Hit
SAP cut its guidance for 2020 and for the medium term on Sunday, saying the reimposition of coronavirus lockdowns had hit its business while hardhit industries would now take longer than expected to recover.
Lawrence, Etienne Help No. 1 Clemson Beat Syracuse 47-21
Trevor Lawrence threw two touchdown passes, Travis Etienne ran for three scores and No. 1 Clemson shook off a sluggish performance to win its 27th straight Atlantic Coast Conference game and put away pesky Syracuse 4721 on Saturday.
Govt Waives Interest on Interest for Loans Up to Rs 2 Cr Even for Those Who Didn't Opt for Moratorium
The Department of Financial Services came out with operational guidelines in the backdrop of Supreme Court's direction to implement the interest waiver scheme, which is likely to cost the exchequer Rs 6,500 crore.
Is Facebook Really Ready For The 2020 Election?
Ever since Russian agents and other opportunists abused its platform in an attempt to manipulate the 2016 U.S. presidential election, Facebook has insisted repeatedly that it's learned its lesson and is no longer a conduit for misinformation, voter supp...
China Passes Export-control Law Following U.S. Moves
China passed a law restricting exports of controlled items, allowing the government to act against countries that abuse export controls in a way that harm's China's interests, state media said.
Govt Approves 14th Tranche of Electoral Bonds; Sale to Run from October 19 to 28
The Election Commission of India (ECI) accorded 'no objection' from the Model Code of Conduct (MCC) angle on October 15 with certain conditions, a finance ministry statement said.
EU Says Still Seeking Brexit Accord Despite Johnson's 'No-deal' Rhetoric
The European Union said on Friday it was continuing to work for a new Brexit accord, dismissing British Prime Minister Boris Johnson's nodeal rhetoric as hot air as stakes rise in the troubled trade talks ahead of a yearend deadline.
UK Says Instagram To Crack Down On Hidden Influencer Ads
British regulators said Friday that Instagram will clamp down on hidden advertising by social media influencers.
Govt Extends Discount on Cargo Movement Between India and Iran's Chabahar Port to Boost Trade
Chabahar port, located in Iran's Sistan-Balochistan province, lies outside the Persian Gulf and is easily accessed from India's western coast, bypassing Pakistan.
Twitter Changes Hacked Content Rules After Biden Story Furor
Twitter said late Thursday it was changing its policy on hacked content after an outcry about its handling of an unverified political story that prompted cries of censorship from the right.
Global Shares Mixed Amid 2nd Wave Virus, Election Fears
Global shares were mixed on Friday as investors weighed concerns about the U.S. presidential election and an economic stimulus package, on top of flaring outbreaks of coronavirus.
EU Tells Britain To Give Ground To Secure Trade Deal, UK To Respond Friday
The European Union put the onus on Britain on Thursday to compromise on their new economic partnership or stand ready for trade disruptions in less than 80 days, drawing a chilly reaction from the UK, which said it was "disappointed".
Alcoa, United Airlines Fall; Cars.com, Sleep Number Rise
Stocks that moved heavily or traded substantially Thursday:
Tata Sons Says it Hasn't Received Exit Proposal from SP Group
The statement comes around three weeks after the SP Group announced it would end its 70-year-old relationship with Tata Sons.
India's Exports Rise 6% to $27.58 Billion in September
India's exports increased 5.99 per cent yearonyear to $27.58 billion in September, according to the government data released on Thursday.
World Stocks Sag On Pandemic Surge, Gold Gains On Safety Bid
Global stock markets mostly retreated on Wednesday as a record number of new coronavirus infections in parts of Europe led investors to shift away from risky assets to traditional safe havens such as gold and the Japanese yen.