Software company SAP has topped the charts as the best technology company to work for in India right now. The German multinational took first place in Indeed’s “Top-rated workplaces 2019” — a list which named established international names alongside homegrown start-ups among India’s best tech employers. The job portal’s list of 15 names was based on companies that had received the highest employee ratings on its site. Jose Luis Pelaez IncWhile the top spots were dominated by global tech names,

Here are three predictions the veteran Wall Street trader offered for 2020:Prediction one: Despite a still strong U.S. economy, there will be no Fed rate hikes in the next year. “I think the Fed is somewhat intimidated by the market…And the market, if anything, thinks the Fed is ahead of itself on higher rates.” So how did Cashin do with his 2019 predictions? Prediction one: No Fed rate hikes in 2019 — Correct. Prediction three: Stocks will be flat in 2019 after being down in the first half of

The House impeached Trump, setting up trial in the SenateThe House of Representatives voted to impeach President Trump, marking only the third time in American history that the House has impeached a president. CNBC’s Ylan Mui reports from Washington.

Wall Street set to open with modest gains2 Hours AgoU.S. stock index futures were slightly higher Thursday morning despite Wall Street falling short of extending its five-day winning streak on Wednesday. CNBC’s Rahel Solomon reports.

U.S. stock index futures were little changed on Thursday as Wall Street digested mixed economic data along with news of President Donald Trump’s impeachment. Meanwhile, the Philadelphia Federal Reserve’s business conditions index fell to 0.3 in December from 10.4 in the previous month. Wall Street fell short of extending its five-day winning streak on Wednesday, as stocks reversed gains late in the trading day. The S&P 500 and Nasdaq had both climbed to reach intraday all-time highs earlier in t

In this way, Trump’s impeachment process is shaping up to reflect former President Bill Clinton’s, where stocks rallied, as opposed to former President Richard Nixon’s, where stocks fell. The S&P 500 fell 13% from the start of the formal impeachment process for Nixon through Nixon’s resignation in August of 1974. Conversely, during Clinton’s impeachment process, which went from October 1998 to February 1999, the 500-stock index rallied more than 26%. Trump’s process is looking more like Clinton’

Brendan McDermid | ReutersMany Wall Street indicators show that investors are confident about the future of the market, but some traders are bracing for the worst. The Cboe Volatility Index, commonly known as the VIX, is trading near its lowest level this year, and a Bank of America-Merrill Lynch indicator shows market stress well below normal. The VIX, often called Wall Street’s “fear gauge,” measures implied near-term volatility expectations in the S&P 500 via prices for options on the benchma

The young free spender demographic, as defined by McKinsey, covers young people who live predominantly in China’s less developed, lower-tier cities. This trend goes beyond the young free spenders, but they are clearly a big driver of this trend. More spending on health”What we do see clearly is increase in spending, particularly in categories that are focused on health and lifestyle. This trend goes beyond the young free spenders, but they are clearly a big driver of this trend,” Poh said. Those

Kelly Cui, principal analyst with consultancy Wood Mackenzie, said the exemptions on the chemical products would benefit companies such as Dow Chemical , Exxon Mobil , and Chevron Phillips Chemical , which have since 2017 been adding shale-based ethylene production facilities and targeting China as the prime export market. The tariff waivers will apply to four chemical products, such as metallocene high-density polyethylene (HDPE) and a special grade of linear low-density polyethylene (LLDPE), a

Sweden’s central bank hiked its benchmark repo rate by a quarter point to zero as expected on Thursday, defying a slowdown in the economy and global uncertainty to draw a line under five years with negative interest rates. The hike from -0.25% means the Riksbank becomes the first central bank to inch its way back up to what was long considered the floor for interest rates. “The Riksbank assesses that conditions are good for inflation to remain close to the target going forward,” the central bank

A senior police officer speaks to students at the Town Hall during a demonstration held against India’s new citizenship law in spite of a curfew in Bangalore on December 19, 2019. Police detained several hundred protesters in some of India’s biggest cities Thursday as they defied a ban on assembly that authorities imposed to stop widespread demonstrations against a new citizenship law that opponents say threatens the country’s secular democracy. Dozens of demonstrations were planned around the c

Amazingly, Kawaii Monster Cafe has attained this celebrity status in just four years. Daniele VenturelliWhat is Kawaii Monster Cafe? Patrons are greeted by a three-tiered cake merry-go-round at the entrance of Kawaii Monster Cafe. Courtesy of Kawaii Monster CafeLocated in the bustling Harajuku district — Tokyo’s center of vibrant youth culture and fashion trends — colorful and quirky Kawaii Monster Cafe fits right in. The Mel-Tea Room, one of four dining areas at Tokyo’s Kawaii Monster Cafe.

The Bank of England (BOE) has admitted that a rogue supplier has been misusing feeds from its press briefings since earlier this year, giving high-speed traders access to potentially market-moving information seconds before rivals. The supplier had been sending the feed to high-speed traders who could have had a five to eight second head start as audio can be transmitted far faster than video, The Times said. The rogue supplier also offers high-speed audio services for news conferences hosted by

Scotland’s First Minister Nicola Sturgeon announced she is sending a letter to U.K. Prime Minister Boris Johnson Thursday which asks that the U.K. Parliament grants its Scottish counterpart the right to hold another referendum on independence. In last week’s U.K.-wide general election, the SNP won 48 of the country’s 59 available seats — 13 more than the pro-independence party won in 2017. The Conservative Party, while winning a large majority across the whole of the United Kingdom, lost seven s

The U.S. introducing capital controls in the wake of its trade war with China is among the top 10 “grey swan” events for 2020, according to Bilal Hafeez, the CEO of financial strategy firm Macro Hive. Grey swans are potentially significant events which are considered unlikely to happen but still possible, and Hafeez suggested that the U.S. focus on trade in goods and services with China renders the introduction of capital controls a “real possibility” to protect American business. “The larger qu

Queen Elizabeth II outlined the U.K. government’s legislative agenda on Thursday, following Prime Minster Boris Johnson’s landslide election victory last week. “My ministers will bring forward legislation to ensure the United Kingdom’s exit on that date and to make the most of the opportunities that this brings for all the people of the United Kingdom.” “Thereafter, my ministers will seek a future relationship with the European Union based on a free trade agreement that benefits the whole of the

A BMW I3 electric car charges its battery outside the BMW factory on May 20, 2019 in Leipzig, Germany. By Thursday, the tweets had ended with the countdown on a figure of 500,000, with an explanation that half a million BMW Group electrified vehicles had been sold. Zipse added that the business “was stepping up the pace significantly” and aiming to have a million electrified vehicles on the road “within two years.” The BMW Group currently offers 12 electrified vehicles. In March, Japanese car gi

A screen shows Russia’s President Vladimir Putin during the 15th annual end-of-year news conference at the World Trade Centre in Moscow. Russian President Vladimir Putin said Thursday that he expects President Donald Trump to survive impeachment proceedings and that the legal move against him was a Democratic Party trying to get results “using other methods and means.” Late Wednesday, Trump became only the third president in history to be impeached by the House of Representatives. “It’s unlikely

Mark Carney, governor of the Bank of England (BOE), gestures while speaking during the bank’s quarterly inflation report news conference in the City of London, U.K., on Thursday, Aug. 2, 2018. The Bank of England has held its main interest rate steady at 0.75% with its rate-setting committee voting 7-2 in favor of keeping the current level. Its forecast for U.K. GDP (gross domestic product) growth in the fourth quarter of 2019 was cut to +0.1% from the November forecast of +0.2%, reflecting the

European stocks were mixed Thursday as investors digested economic data and interest rate decisions from central banks, with markets showing minimal reaction to U.S. President Donald Trump’s impeachment. The pan-European Stoxx 600 hovered around the flatline during afternoon trade, with autos sliding 0.7% to lead losses while oil and gas stocks added 0.7%. Sweden’s Riksbank ended five years of negative interest rates on Thursday morning, hiking its benchmark repo rate by a quarter point to 0.0%.