Tag Archives: cut

Vivo Y71 4GB RAM Variant Price Cut in India

Vivo Y71 price has been dropped in India. The 4GB RAM variant of the Vivo Y71 that debuted in the country at Rs. 12,990 is now available at Rs. 11,990. Notably, the handset was launched in its 3GB RAM variant back in April at a price of Rs. 10,990. It comes with an 18:9 FullView display and is powered by a… Read More »

Xiaomi Said to Cut Valuation After Pulling Mainland Offering

Chinese smartphone maker Xiaomi has lowered its likely valuation to between $55 billion (roughly Rs. 3.75 lakh crores) and $70 billion (roughly Rs. 4.78 lakh crores) following its decision to delay its mainland share offering until after its Hong Kong IPO, three sources with direct knowledge of the matter said. The delay was triggered by a dispute between the company and regulators… Read More »

Isis’ last escape route from Raqqa ‘cut off’ by US-backed SDF fighters, says Syrian monitoring group

US-backed forces have completely surrounded the Isis-held city of Raqqa in Syria after cutting off militants’ last remaining escape route, monitors have said. The UK-based Syrian Observatory for Human Rights said the Syrian Democratic Forces (SDF) had succeeded in “completely encircling” the group’s largest stronghold. The report came on the third anniversary of Isis leader Abu Bakr al-Baghdadi’s declaration… Read More »

Qatar row: Saudi and Egypt among countries to cut Doha links

A number of Arab countries including Saudi Arabia and Egypt have cut diplomatic ties with Qatar, accusing it of destabilising the region. They say Qatar backs militant groups including so-called Islamic State (IS) and al-Qaeda, which Qatar denies. The Saudi state news agency SPA said Riyadh had closed its borders, severing land, sea and air contact with the… Read More »

Verizon close to Yahoo deal, price cut of $250-350 million – sources

Verizon Communications Inc (VZ.N) is close to a revised deal to buy Yahoo Inc’s (YHOO.O) core internet business for $250 million to $350 million (£200.7 million to £281 million) less than the original agreed price of $4.83 billion, according to a source briefed on the matter. Since last year, Verizon had been trying to persuade Yahoo to amend… Read More »

Oil prices fall as production creeps up ahead of announced 2017 output cut

Oil prices fell by one percent on Monday as a higher U.S. rig count unsettled markets amid nagging concern that output cuts, planned as part of concerted action between producer club OPEC and Russia, might not be as big as initially anticipated. Brent crude futures were trading at $53.89 per barrel at 0132 GMT, down 57 cents, or… Read More »

Eurostar aims to cut 80 jobs as traffic suffers after attacks

Train operator Eurostar wants to cut 80 jobs this year as it struggles with weak traffic on the service that links Britain with continental Europe after a string of deadly attacks in Paris and Brussels, a spokeswoman said on Tuesday. The company could not confirm British media reports saying Eurostar would cut two daily trains to Paris and… Read More »

ING to cut 5,800 jobs in digital plan

Dutch bank ING says it intends to cut about 5,800 jobs in Belgium and the Netherlands over the next five years as part of a cost-cutting plan. The bank said the aim was to speed up the adoption of new technology and “continue to lead in digital banking”. It said 3,500 jobs would go in Belgium and 2,300… Read More »

Oil prices stable on planned OPEC cut, but current glut still weighs

Brent crude oil prices steadied above $50 a barrel on Monday, supported by a planned production cut by exporter club OPEC, but still under pressure from an overhang in supply that currently exceeds consumption. International benchmark Brent crude futures LCOc1 were trading at $50.25 per barrel at 0651 GMT, up 6 cents from their last close, although U.S.… Read More »

Mobile phone roaming charges cut within EU

UK consumers using their mobile phones in Europe will see reductions in their bills from Saturday. Further caps are coming into effect on roaming – or connection – charges within all 28 countries of the European Union (EU). From June next year, roaming charges in the EU will be abolished completely. The government said that those making calls,… Read More »