Business

Washington, Dec 10 (PTI) Former Infosys CEO Vishal Sikka, who recently launched his AI startup Vianai Systems, has been nominated to the board of directors of global technology major Oracle.

Sikka, 52, is among the world's leading experts in Artificial Intelligence (AI), Machine Learning and would be helping Oracle in the business value and adapt to change, the company said in a statement.

Washington, Dec 10 (PTI) US President Donald Trump will meet Russian Foreign Minister Sergey Lavrov at the White House on Tuesday, over two years after his previous controversial visit to the country.

Lavrov last visited the US in May 2017 when Trump had just fired the then FBI director James Comey, who was probing Russia's meddling in the US polls at the time.

There were no immediate details available of the Trump-Lavrov meeting.

Mumbai, Dec 10 (PTI) The Shiv Sena on Tuesday said centralisaton of power in the Prime Minister's Office (PMO) was one of the main reasons for the "poor" economic health of the country.

The central government wants the finance minister and RBI governor under its control, an editorial in Sena mouthpiece 'Saamana' claimed, adding that the present BJP-led dispensation is not ready to listen to economists as it considers the economy as a "share market gamble".

BRUSSELS (Reuters) - U.S. disruption of the global economic order reaches a major milestone on Tuesday as the World Trade Organization (WTO) loses its ability to intervene in trade wars, threatening the future of the Geneva-based body.

Two years after starting to block appointments, the United States will finally paralyze the WTO’s Appellate Body, which acts as the supreme court for international trade, as two of three members exit and leave it unable to issue rulings.

Mahabad, Dec 9, IRNA – Iran opened development of 40 hectares goldmine of Zarshouran in Takab, West Azarbaijan province, Deputy Director of Provincial Mines and Minerals Organization Parisa Abedpour said on Monday.

Parisa Abedpour said in an interview with IRNA that mining operations and the construction of a gold processing unit in the area of 100  hectares of Zarshouran gold mine in Takab have begun with an extra five 5 hectares going under the development plan.

Islamabad, Dec 9, IRNA -- Commander Islamic Republic of Iran Navy, Rear Admiral Dr Hossein Khanzadi on Monday met his Pakistani counterpart Admiral Zafar Mahmood Abbasi and discussed naval collaboration between the two states, a military statement said.

Director General Public Relations - Pakistan Navy, Rear Admiral Arshid Javed in a statement said during the meeting at Pakistan Naval Headquarters various matters of mutual interest including bilateral naval collaboration were discussed

9 December 2019; AFP: Mexico's foreign minister said Sunday the country would not accept a US proposal for steel and aluminum production under the new trade deal, saying it would leave Mexico at a disadvantage.

During a meeting with senators to discuss details of negotiations for the United States-Mexico-Canada treaty (USMCA), Foreign Minister Marcelo Ebrard said the US proposed that 70 percent of steel for automobile production come from the North American region.

08 Dec 2019; MEMO: The Taliban on Saturday resumed formal peace talks with the US in the Qatari capital, Doha, the group confirmed in a statement, Anadolu reports.

Suhail Shaheen, the insurgents’ Qatar office spokesman, said on social media that Mualla Baradar Akhund, the group’s deputy head, led the Taliban delegation.

“Talks with the US negotiating team began from where they left off,” he said.

Lebanon appealed to more friendly states on Saturday to help it import essential goods as it wrestles with an acute economic crisis and hard currency shortages, the office of caretaker Prime Minister Saad al-Hariri said, Reuters reports.

08 Dec 2019; MEMO: Hariri wrote to the leaders of Germany, Britain and Spain on Saturday to request help in securing credit for imports, having made the same appeal on Friday to Saudi Arabia, France, Russia, Turkey, the United States, China, and Egypt.

08 Dec 2019; MEMO: Hamas political chief Ismail Haniyeh arrived in Turkey on Sunday, the Palestinian resistance group said.

The visit is the first leg in a foreign tour that will also take Haniyeh to Malaysia, Russia, Qatar, Lebanon, Mauritania, and Kuwait.

A Hamas source said Haniyeh and his accompanying delegation arrived in Istanbul at dawn.