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Oil prices down in Asia as China stocks plunge weigh

SINGAPORE: Oil prices fell further in Asia on Tuesday after a plunge in Chinese stocks jolted global markets and added to fears about an oversupply of the commodity.

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Singapore

Oil prices fell further in Asia on Tuesday after a plunge in Chinese stocks jolted global markets and added to fears about an oversupply of the commodity. US benchmark West Texas Intermediate for September delivery fell 43 cents to $46.96 and Brent crude for September lost 55 cents to $52.92. AFP

New Delhi
Ola goes Myntra way, to go app-only

After Myntra, taxi aggregator Ola will go mobile-app only across its 100 cities of operations from next month. "From just about 20% of booking requests on the app at launch, Ola (now) receives as much as 99% of its bookings through the app at the current scale," Ola said. PTI

Houston
Google bids adieu to its social network

Google is bidding adieu to Google Plus, an awkwardly named social network that the American search engine giant had launched four years ago hoping it would become a serious rival to Facebook. Google has spent the last several months chopping up Google Plus's most useful pieces and making them separate services as it moves away from making Google Plus the central hub for all Google-related activity. PTI

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