Markets

European Union set to end switch between summer and winter time - Juncker

This would likely mean Belfast and Dublin having the same time - and a different time to London when it falls back to daylight savings time in the winter....


Don't Stop the Presses: Committee Overturns Trump Tariffs on Canadian Newsprint

The United States International Trade Commission voted Wednesday to remove tariffs on newsprint, finding that the pricing practices of Canadian companies did no...


India’s GDP grows at 8.2%, cements its position as fastest growing economy

In terms of absolute value, India's GDP at constant (2011-12) prices was estimated at Rs 33.74 lakh crore in the first quarter of 2018-19. Private sector lend...


Argentina's peso hits record low against United States dollar

Specifically, sovereign financial history: The country has Argentina's peso buckled on Wednesday, setting a record low of 34.10 per us dollar after the ce...


Trump tells WTO to 'shape up' or he'll quit

The EU leaders agreed "in substance" on Thursday (28 June) on a set of proposals to improve the World Trade Organisation , which should pave the way for findin...


Should Northern Ireland ban children from buying energy drinks?

Recent research has suggested that children in the United Kingdom consume more energy drinks than those in the rest of Europe and that the drinks are often sol...


Coca-Cola takes big step into coffee with 3.9-billion-pound Costa deal

Whitbread bought the chain back in 1995 when it was just made up of 39 outlets. Activist investor Elliott Advisors became Whitbread's largest shareholder in ...


Aston Martin to launch IPO, valuing it at £5 billion

Its main owners are the Italian investment firm Investindustrial and a group of Kuwait-based investors. While Britain has a strong auto manufacturing indust...


Panasonic to move European HQ from London to Amsterdam

The company had been contemplating the move for 15 months, Panasonic Europe chief executive Laurent Abadie told the paper. Panasonic would not comment on re...


President Trump cancels pay raises for federal employees set for January

That law provided steep tax cuts for corporations and the wealthiest Americans, and more modest reductions for middle- and low-income individuals and families...


Argentina's peso in freefall despite central bank rate hike to 60 percent

International Monetary Fund chief Christine Lagarde said on Wednesday she had agreed to Macri's request to speed up disbursement of the loan in a bid to shor...


Dyson on track to build electric cars

Phase Two will cost $260 (£200 / €223) million and Dyson CEO Jim Rowan said the company plans on investing a total of $715 (£550 / €613) million into the site...


Security camera catches speeding Tesla going airborne after hitting railroad tracks

Turns out, the driver lost control on landing before crashing in a parking lot of an elementary school. Police say the driver, a 46-year-old man from Barrie ...


Paytm confirms Berkshire investment, Todd Combs to join the board

Also, the group has been under pressure to seek investment opportunities to utilise the over $100 billion cash on its books, he had said. Unlike digital walle...


Canadian court overturns approval for Trans Mountain pipeline

On Twitter, Trans Mountain said it remains committed to building the project, "in consideration of communities and the environment, with meaningful consultation...


JetBlue increases fees for checked baggage

JetBlue will also increase its fee for overweight or large items from $100 to $150, and fees on some sporting equipment like surfboards and bikes will rise, to...


Uber wants you to hop on electric bikes, scooters for short trips

In April, the company announced that it had acquired electric bike-share startup Jump Bikes . They now have Jump electric bikes in eight U.S. cities - such as ...


Facebook Rolls Out Video Platform Watch Internationally

For the unaware, Facebook Watch is touted as the company's answer to YouTube, and it allows users to discover interesting videos and interact with friends and...


TPG, Vodafone Australia confirm $15bn merger - Strategy - Telco/ISP

Local telecommunications sector incumbents like Telstra and Optus have been awaiting the entry of TPG into the mobile sector with some trepidation as it would a...


Oil Sector Slows GDP to 1.50 Percent in Q2

Manufacturing grew by 0.66%, while Financial Services & Insurance sector recorded 0.88% growth and the Agric sector's growth was pegged at 1.19%. A quick look...


Elon Musk reignites Twitter slur controversy

Musk apologized for the earlier tweets and eventually took them down, but his Tuesday tweets are still up. Mr Musk's younger brother - who is a board membe...


Italian minister meets Hungary premier, vows historic change

United in their anti-immigration policies and relentless bashing of the European Union, the two right-wing lawmakers called for the creation of a pan-European a...


99.3% of demonetized currency returned to banks: RBI

The RBI said banks received Rs 15.31 lakh crore, or 99.3 per cent, of the Rs 15.41 lakh crore worth Rs 500 and Rs 1,000 notes in circulation on November 8, 20...


Canada rejoins talks to stay in NAFTA, deal possible this week

The leaders "had a constructive conversation" on NAFTA , and "look forward to having their teams engage this week with a view to a successful conclusion of neg...


Google's payment app for India 'Tez' becomes Google Pay

Tez has achieved a certain degree of success in India . Google Pay was launched in September 2017. A year later, the company now made a decision to rebrand...


United States and Mexico reach a preliminary trade deal

The two sides agreed to stricter rules for Mexican auto exports to the United States, including requirements that 75 percent of the content be made in North Ame...


U.S., Mexico Reach Trade 'Understanding' That Could Lead To NAFTA Overhaul

The North American Free Trade Agreement was signed by Canada, Mexico, and the United States in 1993, during the presidency of Bill Clinton. "It's a big day ...


Trump announces 'incredible' trade deal with Mexico

Shortly after the Prime Minister's Office released its statement , Conservative Foreign Affairs critic Erin O'Toole, released a note claiming that the Trudeau ...


U.S., Mexico reach trade 'understanding' to overhaul NAFTA

A broad-based rally pushed USA stocks higher on Monday, with the S&P 500 and the Nasdaq closing at record highs for the second consecutive session as invest...


Toyota will reportedly invest $500 million in Uber

Uber is teaming up with Toyota to build self-driving cars for its ride-hailing service after its efforts to do it alone were derailed by a fatal collision and a...


United States and Mexico reach a preliminary trade deal

Progress between Mexico and the United States is a necessary requirement for any renewed NAFTA agreement. Canada , which is part of NAFTA, did not participat...


Warren Buffett set to pick up stake in Paytm

This can buy him 3-4% stake in the company. Todd Combs, one of Berkshire's key fund managers, who is also seen as a potential chief investment officer at the ...


U.S., Mexico reach NAFTA deal; talks with Canada to start immediately

Mexican President Enrique Peña Nieto was on speakerphone and says he hopes NAFTA partner Canada will eventually be incorporated into the deal. Nafta reduced...


Trump misstates approval rating in latest poll

The president's legal quandary in NY, meanwhile, continues to deepen after prosecutors there granted immunity last week to Allen Weisselberg , chief financial ...


China clamping down on transport sector after Didi passenger's murder

In May the company suspended and changed Didi Hitch, which pairs auto owners and passengers, after a 21-year-old flight attendant died after using the service i...


Lewandowski: I warned Trump about Cohen

Dershowitz, an informal Trump adviser, said in an appearance on ABC News' "This Week" that the expanding probe by prosecutors with the U.S. Attorney's Office ...


Saudi Arabia 'committed' to Aramco IPO

Salman's plans to attract foreign investment were grounded in a strong PIF, which was itself to be heavily funded by Aramco's public offering, expected to raise...


Alipay App, an Alibaba Affiliate, Moves to Further Regulate Crypto Trading

According to Beijing News , the Hangzhou-based company is also monitoring all its users' accounts, which are suspected to be involved in OTC trading. It will r...


World Bank to Settle $73 Million Blockchain Bond on Ethereum Next Week

The partners made a decision to use distributed ledger technology (DLT), as it is able to "streamline processes among numerous debt capital market intermediarie...


DNC votes to limit influence of superdelegates in presidential nominating process

The overwhelming majority of them supported former Secretary of State Hillary Clinton , the party's eventual nominee. Instead, the DNC created a Unity Commis...


Fire Burns in Pile of Trash at Tesla's Fremont Factory

Yesterday afternoon, shortly before 5:00 p.m. PST, reports rolled in from firefighters in Fremont, California that a fire had broken out at Tesla's assembly pl...


Mexico and U.S. near resolution on issues holding up talks — NAFTA

Earlier in August, Trump threatened Canada with auto tariffs if the USA and Canada can't forge a deal. On Saturday, Lopez Obrador's envoy Jesus Seade told rep...


Which? Declares Luton Britain's Worst Airport for the Third Year Running

Doncaster Sheffield airport was rated the best in the survey with an overall satisfaction score of 87 per cent. Passengers said they were happy with short queue...


Procter And Gamble Attempt To Trademark 'LOL,' 'WTF' And More

P&G registered the trademark applications with the US Patent and Trademark Office in April. According to statistics portal Statista, millennials in the U.S. P...


Fed sees gradual rate hikes

He stressed that estimates of how the economy works - like those followed by doctoral economists on the Fed staff - were at best "hazy" navigational guides. T...


Michael Cohen prosecutors granted immunity to publisher David Pecker

The longtime chief financial officer of the Trump Organization, Allen Weisselberg , was given immunity by federal prosecutors in NY during the course of the M...


Amazon 'FC Ambassadors' Defend Fulfillment Centers on Twitter

In this case, Amazon is not trying to hide the fact that many of its employees are advocating for them on Twitter. The Seattle company in recent years has exp...


Australia's foreign minister Julie Bishop quits in fallout of PM's ouster

The challenge had been instigated by Home Affairs Minister Peter Dutton, whom Morrison - also to the right of the party - defeated in a secret ballot. She would...


The economics behind Ryanair's bag rules

However, this was still causing delays, Ryanair said, and would be scrapped. A charge of £10 will still apply if passengers want to check a 10kg bag into th...


The SEC Will Reconsider Its Recent Refusal to Launch Bitcoin-ETF

Cryptocurrency ETFs have always been held as the future for this nascent industry, with optimists noting that a US-based Bitcoin ETF could propel prices and ...