Business

Lamborghini Centenario Roadster Officially Revealed

Lamborghini just unveiled the Roadster version of the most powerful auto it has ever built. Officially known as the Centenario Roadster, just 20 examples will be built to commemorate what would be Ferruccio Lamborghini's 100th birthday. The company has managed to preserve this heritage while adding convenience to the vehicle. Not forgetting the entire vehicle is equipped with apple CarPlay making it one huge iPhone and a fast one at that.

Business

Trump campaign manager no longer wants him to release his tax returns

The Donald Trump who just hired the architect of the "alt-right" racist cesspool known as Brietbart to guide his campaign. Asked on CNN's State of the Union whether they will include a " deportation force " that Trump has previously called for, Conway said, "To be determined".

Business

Urjit Patel appointed new RBI governor, to replace Raghuram Rajan

The government nominees to the MPC have been shortlisted by a Search-cum-Selection Committee headed by the Cabinet Secretary with RBI Governor and Economic Affairs Secretary and three experts in the field of economics or banking or finance or monetary policy as its members.

Business

Oil price hits $50, highest in eight weeks

Prices remain more than 20 percent higher than a six-week low hit earlier in August, supported by the potential freeze or even cut in output following next month's meeting in Algeria between the Organization of the Petroleum Exporting Countries (OPEC) and other major producers like Russian Federation.

Business

Cisco Cuts Workforce by 7% in Attempt to Speed Transition

The shakeup announced Wednesday means about seven per cent of Cisco's roughly 74,000 workers will lose their jobs beginning this summer. For the entire fiscal year, Cisco reported revenue of $48.7 billion, a growth of 3 percent from $47.3 billion during the previous fiscal.

Business

Fed's Williams Calls for Rate Hike 'Sooner Rather than Later'

Members of the Fed's rate-setting federal open market committee were generally upbeat about the United States economy and labour market, but several said any slowdown in future hiring would augur against a near-term rate hike. United States stocks eked out gains on Thursday following upbeat earnings and forecasts from Wal-Mart and as higher oil lifted energy shares. Fed officials were divided on the timing of raising interest rates this year, with some urging to go soon given the ...