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Showing posts with the label International

Indian-origin teenager Akshay Ruparelia becomes UK's youngest millionaire

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Ruparelia claims to have already sold 100 million pounds worth of properties since he set up his business Latest Current Affairs  :  An Indian-origin teenager has become one of Britain’s youngest millionaires after his online estate agency business got valued at 12 million pounds in just over a year. Akshay Ruparelia, at just 19 years of age, juggled his school work with negotiating property deals for his no-frills business that offers to sell properties for a fraction of the cost charged by established high street estate agents. This week "Nationwide Online Agents: Doorsteps. Fees From £99." became the 18th biggest estate agency in the UK just 16 months after the website went live. Ruparelia claims to have already sold 100 million pounds worth of properties since he set up his business. “I got the website up and running and after a couple of weeks a man in Sussex asked me to sell his home and a separate chunk of land he owned beside it. “I had t...

Over 18 guns, explosives found at house of Las Vegas gunman who killed 59

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The arsenal uncovered in Mesquite comes on top of at least 16 firearms discovered in the Vegas hotel room Authorities have said they had recovered a weapons cache including firearms, explosives, and ammunition from a house owned by  Las Vegas  gunman Stephen Paddock, as they upped the death toll from the attack to 59. Sheriff Joseph Lombardo said officers searching the house in Mesquite, Nevada recovered "in excess of 18 additional firearms, some explosives and several thousand rounds of ammo, along with some electronic devices we're evaluating at this point." Lombardo said the death toll from the Sunday night assault on an open-air concert on the Vegas Strip had risen to 59, while 527 people had been injured. ALSO READ:  At least 58 dead, more than 500 hurt in Las Vegas shooting; gunman killed He said law enforcement were working four separate crime scenes: Paddock's room at the Mandalay Bay hotel, the concert venue, the gunman's house in Mesqui...

Apple's iPhone 8 launch: 7 stocks to watch out for today

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Apple Inc will unveil new iPhones today at its Apple Park 'spaceship' campus When Apple Inc unveils new iPhones on Tuesday at its Apple Park “spaceship” campus, there may be important clues for the watchers of seven semiconductor stocks. Apple exerts a sun-like gravitational pull on the global electronics supply chain, affecting the pricing of commodities like flash memory chips - it consumes 18 percent of global supply. The iPhone maker can make or break small, specialty chip suppliers. The final tally of semiconductor winners and losers will not be known until the devices ship and analysts rip them apart to examine the circuit boards. That will give insight into matters like the continued battle between Intel Corp and Qualcomm Inc to supply so-called modem chips for mobile data. Even the limited technical information Apple gives on stage tomorrow could shed light on how several other companies are faring. Here are seven stocks to watch during today’s launch. ...

UK attack: 19 dead after explosion at Ariana Grande concert in Manchester

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The blasts reportedly went off at the end of the concert near the box office area of the venue At least 19 people have been killed and 50 injured in an explosion which is treated as a "terrorist incident", at a pop concert by US star Ariana Grande in the Manchester city in the   UK Attack   , police said today. "Police were called to reports of an explosion at Manchester Arena. So far 19 people have been confirmed dead with around 50 others injured," Greater Manchester Police said in a statement. "This is currently being treated as a terrorist incident until police know otherwise," the statement said. Eyewitnesses reported hearing a loud "bang" from inside the venue, which was playing host to a concert by American pop star Ariana Grande. Video footage from the scene showed bloodied victims being helped by emergency services. Also Read :   Manchester blast: Singer Ariana Grande tweets she is 'broken' and sorry Grande is s...

United Airlines could have avoided PR nightmare by following economics 101

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According to reports, airlines routinely overbook their flights leading inconvenience to passengers On April 9, a passenger was forcibly removed from a  United Airlines  flight from Chicago O’Hare to Louisville after the carrier was unable to find volunteers to accommodate four of its employees on standby. Dramatic videos of the incident have gone viral on YouTube and social networks, and I reckon the resulting cost of this PR disaster will likely make United’s CEO wish he had sent in a private jet to ferry those employees to Louisville (which the airline could easily have afforded, given its net income of US$2.3 billion in 2016). ALSO READ:  United shares fall after worldwide backlash over dragged passenger Many articles have reported that airlines routinely overbook their flights, and sometimes passengers have to accept (voluntarily or not) the inconvenience of getting to their destination later than planned. As an airline economist, I do not recall, howev...

Indian-origin lawyer shoots 9 in US, killed by police

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Indian-origin lawyer shoots 9 in US, killed by police An Indian-origin lawyer with apparent Nazi sympathies went on an early morning rampage in US' Houston city shooting nine people on Monday before he was killed by police, according to authorities. Nathan Desai   was wearing military-style clothing with Nazisymbols during the 20-minute shooting spree when he fired at passing cars. Police said that they did not know why Desai went on the rampage hitting people at random. Desai's name was written with the 's' capitalised in media reports in Houston, making it sound European, but his father was identified as Prakash Desai. All of his victims survived but one person was critically wounded and five others were hospitalised, Houston's Acting Police Chief Martha Montalvo said. She described the shooter as a lawyer who was having problems at his law firm. When police responded to the shooting, he shot at them and was killed when police returned fire, Montal...

Barack Obama cancels Rodrigo Duterte talks after insult

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Barack Obama cancels meeting with new Philippine President Duterte US President  Barack Obama  has cancelled what would have been his first meeting with Rodrigo Duterte, according to a White House spokesman, hours after the Philippine leader described his American counterpart in vulgar terms. Duterte called Obama a "son of a whore", saying that he would not be lectured by the US leader on human rights, according to AFP news agency. Inside Story - Can Rodrigo Duterte win the war on illegal drugs? Duterte's tirade came as he bristled at warnings he would face questioning by the US president at their scheduled meeting over his war against drugs in the Philippines, which has claimed more than 2,400 lives in just over two months. "You must be respectful. Do not just throw away questions and statements. Son of a whore, I will curse you in that forum," Duterte told a news conference shortly before flying to Laos to attend a summit on Monday. "We ...

UK government needs stronger response to VW emissions scandal: Committee

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UK government needs stronger response to VW emissions scandal: Committee The British government should take a tougher stance against   Volkswagen   (VW) after its emissions fraud, as well as increase the use of electric cars and reduce air pollution from transport, a parliamentary environment committee said on Thursday. Almost a year after US regulators found that VW had cheated in diesel emissions tests, the British government has yet to decide what action to take against Europe's largest automaker, even though it faces criminal investigations in the United States, South Korea and elsewhere. The worldwide scandal, dubbed "Dieselgate", has hurt VW's reputation and business, and already cost it billions of dollars. VW last September admitted to using a sophisticated secret software in cars to cheat on exhaust emissions tests. The Environmental Audit Committee, whose conclusions are not binding on the government, said VW had only just started to recall cars ...

FBI to publicly release report on Hillary Clinton email investigation

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FBI to publicly release report on Hillary Clinton email investigation The Federal Bureau of Investigation ( FBI ) expects to publicly release the report sent to the Justice Department in July recommending no charges in the Hillary Clinton email server investigation in the coming days, officials said. The release is in response to numerous Freedom of Information Act (FOIA) requests including from   CNN. Also to be released is   Hillary Clinton 's 302, the FBI agent notes from Clinton's voluntary interview at FBI headquarters,   CNN   reported on Tuesday. The report is about 30 pages, and the 302 is about a dozen pages according to the officials. Not yet being released are additional notes from interviews of Clinton aides or other investigative materials that were sent to Congress. Last month, FBI Director James Comey recommended against charges for Clinton for her use of a private email server while she was secretary of state, but he did describe her b...

Brazil launches Olympic anti-terrorism campaign

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Brazil launches Olympic anti-terrorism campaign Brazil   has launched an awareness campaign designed to foil terror plots during the Rio Olympics   in August. "It's a simple, informative campaign without calling for hysteria," defence ministry official Luiz Felipe Linhares said in a statement on Tuesday, Xinhua news agency reported. The South American country is not a traditional terrorist target and the government hopes the initiative will reduce Rio's vulnerability to possible attacks. The campaign involves the distribution of brochures, posters and booklets explaining how to identify people engaging in suspicious activity, officials said. "Our country has never faced this type of threat so we need to make sure that people are more alert," Brazilian defence force   anti terrorism   chief, Mauro Sinott said. "The message that we want to pass on is that if you think a certain situation is suspicious, it is because it is in fact suspiciou...

Clinton never personally denied Benghazi security: Democrats

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Clinton never personally denied Benghazi security: Democrats Hillary Clinton   never personally denied any requests from diplomats for additional security at the US outpost in Benghazi, Libya, according to   Democrats on a select House panel who absolved the former secretary of state and the US military of wrongdoing in the deadly September 11, 2012 attacks. In a report pre-empting the Republicans, the panel's five Democrats said after a two-year investigation that the military could not have done anything differently that night to save the lives of four Americans killed in Libya. US Ambassador Chris Stevens died in one of the two assaults at the diplomatic facility and CIA annex. Democrats' release of their own report heightened the partisanship of the inquiry, which has been marked by finger-pointing on both sides. Republicans accuse the Obama administration of stonewalling important documents and witnesses, while Democrats say the panel's primary goal is to u...