Business

Gov. Brown OKs sex crime bill tied to Stanford case

Turner was sentenced June 2 to six months in Santa Clara County Jail by Judge Aaron Persky. Politicians and law enforcement officials have lined up alongside sexual assault survivors to criticize Turner's sentence, back a recall effort against the judge who imposed it and urge Brown to sign the tougher sentencing legislation.

Business

Snapdeal Unbox Diwali Sale; Starting on 2nd October 2016

Online marketplaces Flipkart , Amazon, and Snapdeal are ready for their annual festival sales starting the first week of October with Amazon. People can have a blast with these offers of the respective dates. Flipkart is considering more changes to the third flagship sale by introducing extended loans for customers. It also launched the pre-approved loans for the customers under " Buy Now Pay Later Scheme".

Business

Commerzbank corporate lending head to leave

Negative European Central Bank (ECB) interest rates are limiting the scope to boost revenue in a fiercely competitive German banking market, leaving Commerzbank little choice but to focus heavily on cost cuts. Chief Executive Martin Zielke commented, "We simply don't earn enough money to lead the bank sustainably and successfully into the future". (Bloomberg) – The $1.9 trillion shortfall in USA state and local pension funds is poised to grow as near record-low bond yields and global ...

Business

Clinton gets a post-debate boost in the polls

But he hinted at them, talked about them immediately afterward and then sent his campaign's top backers out to do the same. "The debate was problematic, but not fatal for Trump", said GOP pollster Frank Luntz. In the immediate aftermath of the debate, watched by a record of more than 80 million Americans, political analysts suggested that Clinton, locked in a tight race with Trump, could pick up an additional two percentage points or more of support.

Business

Suspicious device at NJ train station being investigated

A New Jersey mayor says one of five devices found in a backpack near a train station exploded while a bomb squad robot was attempting to disarm it. It is unclear if the Elizabeth incident is related. The FBI launched a raid at a building in Elizabeth , New Jersey Monday morning, local media reported, hours after investigators uncovered five suspicious devices - one of which exploded - near a train station in that city.

Business

Energy shares lead Asian stocks higher on OPEC output deal

The informal meeting was held on the sidelines of an IEA meeting in a bid to stabilise prices that have been battered by a stubborn supply glut since 2014. Brent crude, the worldwide standard, slipped 10 cents to $49.14 a barrel in London. Together, the three largest global producers extract a third of the world's oil.