Markets

Sky Committee: "Accept Comcast offer immediately"

The deal will also help Comcast develop its direct-to-consumer strategy by giving it "greater scale to amortize its content investments", the analysts said. In ...


Instagram co-founders Kevin Systrom, Mike Krieger reportedly step down

Meanwhile, Bloomberg reported that the pair is leaving after clashing with Facebook founder Mark Zuckerberg, who has reportedly taken a closer interest in the...


China attacks America's bullying on trade

US President Donald Trump on Saturday reiterated a threat to impose further tariffs on Chinese goods should Beijing retaliate, in line with his previous c...


Oil price jumps as Opec keeps output steady

Brent futures were trading at $80.48 a barrel at noon Monday, up $2.24. "If they kept quiet, the prices would be cheaper, I am confident about that", he added...


AP source says Rosenstein expecting to be fired

If Mr Rosenstein is terminated or fired , there would be immediate implications for special counsel Mr Mueller's investigation of a possible collaboration betw...


Singapore fines Grab, Uber RM39 million for merger

The latest directions include ensuring that Grab drivers are not required to use Grab exclusively; removing Grab's exclusivity arrangements with any taxi fleet ...


Oil jumps 2 % as market tightens, more gains seen

The message from Saudi Arabia , the biggest producer in the Organization of the Petroleum Exporting Countries ( OPEC ), and its ally Russian Federation is that...


Pandora is being purchased by SiriusXM for $3.5 billion

Following the completion of the transaction, there will be no immediate change in listener offerings, according to both companies. The purchase will allow Sir...


Barrick Gold buys Africa's Randgold to become world's biggest gold miner

Barrick's shares have about halved from a February 2017 peak, with the miner outpacing the decline in bullion. Barrick Gold shares closed at $10.47 in NY o...


Why Michael Kors Is on the Verge of Buying Versace

The Versace family owns the rest of the company. Celebrity shoemaker Jimmy Choo , luxury jeweller Tiffany & Co and USA fashion group Michael Kors Holdings ...


Sirius to Acquire Pandora in $3.5 Billion Online Radio Deal

Pandora's "powerful music platform will enable SiriusXM to significantly expand its presence beyond vehicles into the home and other mobile areas", a press rel...


Trump tweet biggest insult to USA allies in ME: Iran

Benchmark Brent oil LCOc1 reached $80 a barrel this month, prompting Trump to reiterate on Thursday his demand that the Organization of the Petroleum Exporting ...


Six Flags Fright Fest 30-Hour Coffin Challenge

Plus ones will be allowed during operating hours, but coffin dwellers will be alone during non-operating hours. Six Flags described them as "deluxe, 2'x7', s...


Petrol Price Crosses 90 Rupees In Mumbai, Cheapest In Delhi Among Metros

According to Indian Oil Corporation (IOC), the largest fuel retailer in India, petrol is retailing at Rs 83.37/litre in Bengaluru, Rs 82.14/litre in Lucknow, Rs...


Saudia Arabia and Russia SNUB Trump's call to boost output

Output should then fall to an average of 12.1 million barrels a day by 2040, according to OPEC. It also steeply raised US oil output growth estimates to 202...


Volkswagen's Porsche drops diesel in electric vehicle push

Porsche CEO Oliver Blume said that although Porsche never developed and produced diesel engines, its image has suffered from the scandal that erupted in 2015...


ABC managing director Michelle Guthrie sacked after several months of talks

David Anderson , the ABC director of entertainment and specialist, will serve as acting managing director until a formal search process finds Ms Guthrie's suc...


Florida man charged after trying to steal American Airlines jet from airport

Police say Sankat, who carries a Florida driver's license, has dual citizenship with Canada and Trinidad and Tobago. The Joint Terrorism Task Force is investi...


Ripple’s Market Cap Nears that of Ethereum

This came as a surprise to most of the cryptocurrency observers, Ripple has surpassed Ethereum in the past, but this one was totally unpredicted. On the f...


United Kingdom standing firm on Brexit proposals, no election planned - Brexit minister Raab

Asked about reports in a Sunday newspaper that May's aides had begun contingency planning for a November election, he said: "It is for the birds, it is not goi...


Countdown stops sale of Australian strawberries after needles found in Auckland

In a company statement on Sunday evening, Countdown assured customers that for " their piece of mind ", they are able to return any Choice brand strawberries th...


OPEC, Russia rebuff Trump's call for immediate boost to oil output

Iran appeared on Sunday to soften its stance on potential increases in OPEC oil output, saying it was the group's responsibility to balance the market if produc...


Danske Bank money laundering 'giga scandal' spreads to Britain

In response, the CEO of Danske Bank turned in his resignation. The European commission has described the €200bn (£178m) money-laundering case at Denmark...


Skye Bank employees will get fresh Polaris contracts - NDIC

The Governor of the CBN, Mr Godwin Emefiele, said during a press briefing in Lagos that Skye Bank would now be taken over by Polaris Bank, which would take over...


Coke in talks to make cannabis-infused drinks

What started with a husband and wife experimenting with blobs of bacteria and yeast in their back shed has grown into the newest arm of the Coca-Cola Company, w...


Fashion house takes heat for selling 'poverty' shoes

Reaction was so intense Wednesday night that tweets on the subject were compiled onto a landing page for quick consumption in Twitter's "moments" tab, where th...


Trump leverages USA military protection in OPEC price-gouging spat

Brent oil traded near the highest level in a week after Saudi Arabia was said to be content with the global benchmark crude breaking above USD80 a barrel. "I ...


Uber in talks to acquire European food delivery startup Deliveroo | Leadership

Uber , the owner of the world's most popular taxi-hailing app, which is valued at about $72 billion, already delivers takeaway food through Uber Eats , which.....


Cathay Pacific airline takes plane back to the painters after spelling mistake

Someone from the company was eventually forced to take to Twitter as well to own the typo and tell those jokesters that the bird was going back to the shop. T...


Emirates and Etihad deny report of a merger

An Emirates spokeswoman said that " there is no truth to this rumour ". And now UAE based airlines Emirates and Etihad have strictly dismissed the report. In ...


High Times: Investors Embrace Pot Stocks as Marijuana Continues to go Mainstream

For some people on Wall Street, it's bringing back unpleasant memories. Micah Tapman, managing director of CanopyVentures, a private equity firm focused on the ...


India engages with US to ensure energy security amid Iran sanctions

TOKYO - Japanese oil refiners have temporarily halted Iranian oil loadings ahead of U.S. sanctions and are buying alternatives as it remains unclear whether Jap...


Comcast outbids 21st Century Fox for Sky

Sky is now expected to recommend the bid to shareholders before offer documents are sent out. The firm's chairman and chief executive said it was "a great day...


Comcast battle to buy Sky to be settled by auction in UK

The process will start if Comcast or Rupert Murdoch's Fox, which has the backing of partner Walt Disney , are still competing for Sky by 1700 London time (...


United States stocks trade mixed - Dow rallies, Nasdaq underperforms

The Russell 2000 also managed to stay in positive territory, inching up by almost 3 points to 1,723. The S&P 500 , meanwhile, added 9 points to 2,940, pushed...


Tesco launches discount chain to rival Aldi and Lidl

Jack Cohen founded Tesco 99 years ago in 1919. Over the next six months, Tesco will launch 10-15 Jack's stores in the United Kingdom, with the first two store...


Audi E-Tron Sportback SUV Confirmed

Audi has launched its first pure electric auto. "We are merging the new world of electric mobility with 100 years of experience in manufacturing", Mr Schot said...


Lawmakers criticise RBS and Barclays for online banking outages

Many customers took to social media to complain about the outage. A Barclays spokeswoman said: "We're very sorry about the technical problems our customers ha...


A partly-Iranian refiner cancels Iran oil imports ahead of US sanctions

India, which is the second-biggest buyer of Iranian oil, is also looking elsewhere for crude. The remaining 45% payment was paid in rupees in accounts Iranian...


China rules out currency devaluation to boost global trade

Ma said trade tensions between the United States and China could last for decades and would be "a mess" for all parties involved. And I've said: "That is okay"....


Coles, Woolies lift milk price to help drought-stricken farmers

Woolworths and Coles have led the way for national supermarkets by increasing the price of milk amid mounting pressure to help ease the financial struggle the d...


Alibaba's Hangzhou meet to focus on empowering digital China

Speaking to Chinese publication Xinhua , Ma said his promise to create the jobs was made under the assumption that the usa and China would continue to have a...


Oil prices slip as Trump calls on Opec to lower prices

US sanctions on Iran could make it hard for countries to buy Iranian oil, opening the door for other countries like Iraq to become oil exporting powerhouses . ...


Tesla Model 3 crushes NHTSA's crash testing with a 5-star rating

In a recent note, Toni Sacconaghi of Bernstein, who is known to be critical of Tesla in the past, stated that there is simply "no credible competition" for the ...


Oil market held `hostage` by Saudi Arabia, Russia: Iran

On the other hand, Bloomberg claimed that sources with direct knowledge of the matter said that the White House could announce 10% tariffs on $200 billion w...


12-year-old admits to putting needles in strawberries

Most are thought to be pranks or jokes on social media, but at least two minors have been questioned by police for carrying out hoaxes. In a statement, the ...


The EU tells Theresa May her Chequers Brexit plan 'will not work'

Donald Tusk , European Council president, said May's signal proposal to create a British-European free trade regime covering agriculture and goods - but not s...


EU, U.K. fail to resolve border row as Brexit deadline looms

However both sides still want a broad-brush description of the relationship, to avoid a so-called "blind Brexit" without a good idea of how trade and borders wi...


Amazon Storefronts Opens Up Shopping Solely From Small Businesses

Customers will be able to search through 25 product categories, including back-to-school, home, kitchen, pet supplies and books. Amazon has announced Amazon ...


Audi unveils electric SUV e-tron, challenges Tesla with assist from Amazon

It ensures the continuous and variable regulation of the ideal distribution of drive torques between the two axles - within a fraction of a second. "A key fac...