vikas gupta

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Facebook and Instagram ban private gun sales

Facebook will be banning sales of guns on both its flagship service and on company-owned Instagram, site officials announced Friday.<p>The updated …

Amazon just joined the $100 billion club

Earlier this week, Amazon reported making $107 billion in annual revenue in 2015, breaking through the $100 billion barrier for the first time in its history.<p>That places the e-commerce giant in an elite club of brick-and-mortar retailers, all of whom are competing for consumers drawn to the …

eCommerce

China's in a 'desperate juggling act' to save its currency

Thursday morning, the People's Bank of China injected 340 billion yuan ($51.9 billion) into commercial banks via reverse repurchase agreements, after having already injected 440 billion yuan on Tuesday. As 190 million yuan of prior reverse repurchase agreements — a type of short-term loan — have …

After 40-year ban, U.S. starts exporting crude oil

America is wasting little time getting back into the oil exporting business.<p>Just weeks after Congress lifted a 40-year ban on exporting oil, the first shipments of the black stuff left U.S. ports for Europe.<p>The first freely-traded shipments of U.S. crude are symbolic of the country's newfound role …

Iran's dealmaking with Europe: the seven biggest contracts

Photograph: Ebrahim Noroozi/AP<p>An Iranian worker assembles a Peugeot 206 at the state-run Iran Khodro plant near Tehran.<p>84<p>image/jpeg<p>https://media.guim.co.uk/d7f2aa7840636aa0a95c932c44e87c99721d4bb6/0_132_4000_2401/140.jpg<p>140<p>Photograph: Hasan Sarbakhshian/AP<p>An Iran Air Boeing 747 at Mehrabad airport …

France