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Baidu unveils autonomous vehicle without steering wheel

BEIJING (Reuters) -China’s search engine giant Baidu Inc (NASDAQ:BIDU) on Thursday unveiled its new autonomous vehicle (AV) with a detachable steering wheel, with plans to put it to use for.

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Economy News

China’s Premier Signals Growth Target Flexible as Economy Slows

(Bloomberg) — Chinese Premier Li Keqiang signaled a focus on jobs, flexibility on the economic growth rate and a shift toward making its Covid control measures more targeted.  The most.

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Australia’s central bank sees more rate rises, welcomes government review

By Wayne Cole SYDNEY (Reuters) – Australia’s top central banker on Wednesday indicated a steady drum beat of interest rate rises were needed to stop a damaging inflationary cycle developing,.

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Economy News

Big UK firms gird for a recession but still plan to invest-Deloitte

LONDON (Reuters) – Major British firms are preparing for a recession by focusing on cost-cutting but their investment plans remain strong which suggests they do not fear a severe downturn,.

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Economy News

‘GST on household items based on GoM suggestion’

Government sources stated that the incidence of tax has not turned higher than the pre-GST regime. The recent rate changes taken in the 47th Goods and Services Tax (GST) Council.

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Economy News

No GST on these food items when sold loose, clarifies FM Sitharaman

Sitharaman defended the imposition of 5 per cent GST on food articles in her tweets and said that the decision was unanimous by the GST Council. Finance Minister Nirmala Sitharaman on Tuesday gave.

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Economy News

Goldman warns it may slow hiring, cut expenses as deals slump

By Noor Zainab Hussain and Saeed Azhar(Reuters) -Goldman Sachs Group Inc on Monday reported a smaller-than-expected 48% slump in quarterly profit, buffered by the strength in fixed-income trading, but warned.

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Business Economy News

Bank of America profit beats as consumer unit offsets deals drying up

By Elizabeth Dilts Marshall and Manya Saini(Reuters) -Bank of America Corp beat analysts’ estimates for second-quarter profit on Monday, with healthy consumer spending and strong demand for loans limiting the.

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Economy News

Goldman profit beat, easing rate-hike bets drive Wall St higher

By Shreyashi Sanyal and Bansari Mayur Kamdar (Reuters) – U.S. stock indexes rose on Monday after Goldman Sachs beat profit expectations, extending last week’s positive momentum amid easing bets of.

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Economy News

From Oil To Atta, Prices Have Soared Across Essentials, Now GST Adds To Pain

The prices from oil to atta and across essentials have soared, and the new GST rates will add to the already-stretched household budgets. The prices from oil to atta and.

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