Markets

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...


Amazon considering opening up to 3,000 cashierless stores by 2021: Bbg

They will then look to open 50 more in major cities next year and and up to 3,000 total by 2021. An Amazon spokesperson said "we don't comment on rumors or ...


Jet Airways plane turns back after passengers suffer nose, ear bleeds

The plane's crew "forgot to select switch to maintain cabin pressure ", Lalit Gupta, senior official at the Directorate of Civil Aviation, explained . Victims...


Alibaba´s Ma says 1m USA jobs pledge thwarted by trade row

While promising to " promote the healthy development " of Sino-US trade, the 54-year-old entrepreneur noted that the " previous basis for trade has been undermi...


Coca-Cola May Start Making Cannabis Beverages

That was after an announcement earlier in August from cannabis company HEXO that it was teaming up with Molson Coors Canada to develop cannabis-infused drinks. ...


Cathay Pacific spells its own name wrong on side of plane

Netizens chose to see the amusing side, however. The image had been posted on the Hong Kong Aviation Discussion Board , a Facebook group for plane spotters. ...


Michael Jordan donates $2 million for Florence relief and recovery aid

Trump greeted people Wednesday as he walked along a flooded street in the city of Conway, near Myrtle Beach. Property damage from the storm is expected to ...


Jobs to be created at Tesco's new Jack's discount store in Chatteris

Chief executive Dave Lewis claimed that Jack's will be the cheapest on the market. Why is Tesco launching Jack's? Tesco has also launched an array of cut-...


Needles found in strawberries stir food-contamination fears across Australia

Chheang said her mother "works through the day" to control their shed and 250 employees to ensure the produce is "packed to perfection". "Someone who has an o...


McDonald's workers across United States protest against sex harassment

Organizers say it will be the first multistate strike in the US specifically targeting sexual harassment . She alleged that a co-worker verbally and physically...


EU's Donald Tusk suggests extra Brexit summit in November

Mr Johnson has always been critical of Mrs May's Chequers plan, resigning in July alongside then-Brexit Secretary David Davis. Khan said the "sensible thing...


Where you can get free food on ‘National Cheeseburger Day’

All you've got to do is download the app, order, and BAM - you've got a free burger on your hands. McDonald's gave away 100,000 free cheeseburgers last year...


China’s reaction to Trump’s tariffs could be ‘serious problem’ for Apple

And in a victory for Apple Inc., the administration removed smart watches and some other consumer electronics products. According to a preliminary list of g...


Trump claims China tariffs successful

The tariffs will start at 10 percent and rise to 25 percent in 2019. Bloomberg news, siting five unidentified sources, said a product code that covers the ...


Trump raises stakes with new round of China tariffs

WASHINGTON: US President Donald Trump said on Monday he will impose 10 percent US tariffs on about $200 billion worth of Chinese imports, but he spared smar...


Saudi fund invests $1bn in Tesla rival Lucid

The PIF said on Monday its investment would finance the commercial launch of Lucid's first electric vehicle in 2020 by supporting engineering development and te...


Elon Musk hit with defamation lawsuit from diver Vernon Unsworth

This ordeal dates back to June when Musk chose to help a young boys' soccer team and their coach when they became trapped in a flooded cave in Thailand . The r...


Trump Slaps Tariffs On $200 Billion In Chinese Goods

The US Trade Representative´s office eliminated about 300 product categories from the proposed tariff list, along with some subsets of other categories, but adm...


Trump to Lay Out Line on China Trade

The latest round of imports will face 10 percent tariffs through the end of the year, and then the rate will jump to 25 percent. If that happens, the presiden...


Bank of Baroda, Vijaya Bank and Dena Bank to be merged

This also indicates the approach that the government may deploy in future consolidation. "Its ability to increase and expand will be inevitable", he said. PCA b...


Time magazine sold to tech billionaire in $190 million deal

We know Time will continue to succeed and is in good hands with the Benioffs. The magazine group's fortunes have acutely reflected the general decline in ...


China Reportedly Prepared to Respond to Tariffs with 'Firm Countermeasures'

Markets were also weak across Asia. "Billions of Dollars is being spent on new plants all around the country!" "Lou Jiwei's approach would feed the most hawki...


Musk says Tesla has gone from "production hell" to "delivery logistics hell"

Documents filed in a US district court in California said that Musk had made " unlawful, unsupportable, and reprehensible accusations " about Unsworth and a...


American Red Cross mobilizes resources to help those affected by Florence

What a difference a few days makes for the American Red Cross' Guy Triano and everyone else now in Florence's path. "Three weeks of their life to help other...


Watch an Xbox Controller run Elon Musk’s giant tunnel digger

The tweet includes the caption, " Best video game ever ", though avid gamers may have a word or two to say about that. The ultimate goal behind Boring Company...


Elon Musk sued by British diver he accused of being a pedophile

A lawyer for the diver, Vernon Unsworth filed a lawsuit against the SpaceX and Tesla Founder, over tweets Musk sent during the rescue of a Thai boys soccer...


Tesla 'No Longer Investable' Due To Elon Musk's Antics, Per Analyst

Macroview Investment Management LLC bought a new stake in shares of Tesla during the 1st quarter worth about $106,000. Overall, the number of aggregate P shares...