Markets

A 'Trump doctrine' on trade? He's anti-globalist but still wants deals

The new deal was greeted warily by unions and market watchers. In the end, Canada and the USA overcame their differences after both sides conceded some ground, ...


Revised NAFTA deal has new name: USMCA

John Maxwell is a dairy farmer in Donahue, Iowa. Perth made up 11.45 per cent of last year's milk production in Ontario while Oxford led the way with just over ...


USA oil hits four-year peak ahead of sanctions on Iran

Both crude benchmarks closed almost 3% higher Monday, with the USA benchmark settling at a four-year closing high of $75.30 a barrel. Brent has risen by aroun...


Trump admin wants trade deal with India: White House official

United States president Donald Trump accused Brazil of being one of the most hard countries in the world to have trade relations with. And for the same produc...


Canadian dairy farmers' group pans new trade pact with U.S., Mexico

That financial impact will also be sharply felt in Oxford and Perth counties, where, as part of Ontario's biggest dairy belt, farmers produce more milk than som...


Primera Air ceases operations

An estimated 60,000 people have been affected by the collapse, including flight crews who have also been stranded. The Danish carrier had been operating for 1...


'First of many': $40B LNG Canada signals revival of mega projects

A liquefied natural gas (LNG) storage facility of the ENN Group Co is under construction in Baoding, Hebei province, China , December 5, 2017. Meanwhile, ...


FEMA to test emergency alert system Wednesday

Because this is a Presidential Alert , cellphone users can not opt out of receiving Wednesday's test, per FEMA . The message is arriving as a part of the W...


Amazon to raise minimum wage to $15 for U.S. employees

The company said it would also begin lobbying for an increase in the $7.25-an-hour federal minimum wage. The increase will also apply to employees at Whole Fo...


Responding to critics, Amazon raises its minimum wage to $15

The current UK minimum wage is £7.83 for workers over the age of 25 and the minimum wage now paid to UK Amazon workers is £8 an hour, meaning they will get a mi...


Tesla shares spike on SEC truce, strong Model 3 report

In addition to Gore, Munster also suggested former Boeing CEO Jim McNerney as a possible person to step in as chairman. In emails to Tesla staff, Musk ...


Oil rises before USA sanctions on Iran bite

Brent for December settlement climbed $2.25 to $84.98 a barrel on the London-based ICE Futures Europe exchange. Prices have tripled over the. The recent inc...


U.S. Congress could thwart new North American trade agreement

Judging by the initial reaction, a setback for freer trade on the continent will be judged a "win" for all involved: Trump gets his first "major" trade deal jus...


General Electric replaces CEO with outsider Culp, shares soar

In pre-market trading, GE's shares are up 14.4% to $12.92. Other divisions are on track, the company said in a statement today. They were the top percent gainer...


Tesla is 'very close' to profitability, Musk says in staff email

This is only the midpoint of his Musk-sational 2018 narrative . Besides a new chairperson, Tesla was also ordered to appoint two new, independent members to ...


GE's Flannery steps down as CEO, shares jump 15 percent

GE shares jumped 14 percent to $12.88 in early trading as investors bet Culp could re-energize the GE brand and more quickly transform its portfolio. Under Fl...


USA files lawsuit after Canada signs net neutrality law

The government said that California sought to "second-guess" the federal government and warned "the effect of this state legislation would be to nullify federal...


Fuel price hike: Petrol prices cross Rs 91 per liter in Mumbai

Diesel in Mumbai costs Rs 79.72 per litre at International Olympic Committee outlets and Rs 79.79 at BPCL outlets. Currently, Brent crude oil is priced around $...


Tesla Shares Jump After SEC Settlement Leaves Musk in CEO Role

The settlement will require the billionaire to relinquish his role as chairman for at least three years, but he will able to remain as chief executive. Bloomber...


Trump and Trudeau agree on a revised NAFTA deal

After a highly elongated, turbulent negotiation process, Canada has reached a tentative deal with the United States and Mexico to continue the 24-year-old Nort...


Fuel price hike: Petrol, diesel prices at new record high

Petrol prices have crossed Rs 90 a litre in many states while diesel is selling at over Rs 80 a litre, due to high Value-Added Tax rates that states charge on t...


Ryanair staff strike in six EU countries

Ryanair said in a statement that the vast majority of Friday's 2,400 flights "will be unaffected by these unnecessary strikes and will operate as scheduled". I...


VW, Microsoft team up to build connected cars

There's no word on when Volkswagen will begin integrating its Automotive Cloud platform in its vehicles, but it's a big win for Microsoft and its cloud efforts ...


Need a spatula now? Amazon has a new store for that

The store is divided into similar sections as on Amazon's website, carrying a wide range of products from devices and electronics to toys, games, books, home de...


With looming NAFTA deadline and intensive talks, Freeland postpones UN speech

The text of the existing U.S. -Mexico deal is expected to be published by Sunday, and there have been fears that Congress would be willing to press ahead with t...


Singapore housing market deemed fairly valued

Hong Kong is first on the ranking, followed by Munich, Toronto and Vancouver. Major imbalances also characterize Stockholm, Paris, San Francisco, Frankfurt and...


BMW i3 Gets Longer Range with New 120 Ah Battery, Sport Package

The extra range comes courtesy of a new higher-voltage battery cell with capacity increased to 120Ah over the previous 94Ah cell. The 2019 BMW i3 will come ...


Facebook announces security breach affecting 50 million accounts

The company has confirmed that Facebook founder Mark Zuckerberg and its chief operating officer Sheryl Sandberg were among the 50 million accounts affecte...


Bed Bath & Beyond nosedives after cutting forecasts

The Bed Bath & Beyond Inc. has shown a weekly performance of 2.96% and monthly performance stands at -6.79%. This ratio also gives some idea of whether you're...


SurveyMonkey Prices Initial Public Offering

The popular online survey development company conducts over 20 million surveys to 8 million users per day. It had initially planned to sell 13.5 million shares....


Trump admits friendship with China’s Xi could be over

After China retaliated against what he called "modest" USA tariffs on US$50-billion in Chinese technology-focused imports, the Trump administration on Monda...


Freebies on National Coffee Day - Saturday, Sept. 29

Coffee lovers, get ready for some deals! The fun holiday lands on September 29, which means all of your favorite coffee chains have prepared some sweet deals fo...


Jeff Bezos's space exploration project has landed a big rocket partnership

United Launch Alliance , a joint venture of aerospace stalwarts Boeing Co ( BA.N ) and Lockheed Martin Corp ( LMT.N ), picked Blue Origin's BE-4 engine to...


Fuel price rise: Petrol, diesel prices continue to surge

Fuel prices continued their upward spiral on Thursday, with petrol touching fresh all-time high of Rs 90.35 a litre in Mumbai and diesel prices rose to R...


HK banks cast pall over property by raising rates

Banking giant HSBC on Thursday hiked its lending rate in Hong Kong for the first time in 12 years, a move that ends an age of cheap cash and could hit the cit...


The Popular Distracted Boyfriend Meme Is ‘Objectifying,’ Swedish Ad Court Rules

Bahnhof responded to the criticism in a Facebook post , saying: "Anyone familiar with the Internet and meme culture knows how this meme is used and interprete...


McDonald’s removing artificial additives from its burgers

The change affects every part of the sandwich, from the bun, to the cheese and the sauce. American Cheese: Removal of sorbic acid, an artificial preservative....


MH-139: The Helicopter That U.S. Air Force Could Not Refuse

The Air Force expects to have signed off on initial operating capability by the fall of 2024 to then ramp up full-scale production. "Today's announcement is t...


Oil prices hit a four-year high

According to JP Morgan, a spike of Brent to $90 is likely, the analysts said in a note, as carried by Business Insider. The growth will come at the time when ...


Fears about Musk's future sink Tesla shares

CNBC reports that under the terms of the deal Musk would be forced to pay a fine but he would not have to admit guilt in the matter, and he would be barred f...


China accuses Trump of slander, denies claims over US Congressional elections

Looming levies from US President Donald Trump's administration are expected to cripple large multinational firms that produce goods for export as well as smal...


Hacker to Delete Mark Zuckerberg's Facebook Page, Live, This Weekend

The stream will go live on Sunday at 6 p.m. local time in Taiwan, which is 3 a.m.in San Francisco where Facebook is headquartered. "Scheduled to be live". If su...


Up to 50m Facebook accounts attacked

In a blog post , the company says hackers exploited its " View As " feature, which lets people see what their profiles look like to someone else. It also said i...


USA senators at hearing ask Google: What are your China search plans?

It will be submitted to the Senate Commerce Committee, which is holding a hearing on Wednesday in Washington DC. Leaked documents seen by The Intercept last...


Royal Mail beg recycling campaigners to stop posting crisp packets

A Royal Mail spokesperson told the BBC : 'We strongly encourage customers not to post anything into the postal system which is not properly packaged. If the pa...


Musk's Tesla position uncertain as U.S. regulators sue Musk for fraud

Shares of Tesla Inc dived 12 per cent in early trading on Friday after US regulators accused chief executive Elon Musk of fraud and sought to remove him from hi...


Brussels tells Ryanair to respect crews' rights ahead of yet more strikes

Some 30,000 passengers are likely to be impacted by the latest strikes. Staff claim this creates significant insecurity for them, blocking their access to sta...


Chinese Stocks Rally on Hopes of Fund Inflows, But Watch the Sectors

FTSE Russell said in a statement that Chinese authorities had made "significant efforts to improve access for worldwide investors". MSCI also proposed ...


Tesla shares plunge after SEC sues Elon Musk

The Justice Department is also looking into whether Musk mislead investors, Bloomberg News has reported . Musk tweeted August 7 that he had "secured" fund...


Fed Again Hikes Interest Rates

They also removed a phrase included in previous statements which suggested that officials perceived that the current level of rates was "accommodative", meani...