Markets

Dow industrials sink 831 points as tech stocks plunge

Concerns about consumer spending have also led to jitters about U.S. companies as they prepare to unveil results for the third quarter of the year over the comi...


Dow Plunges 800 Points on China, Rate-Hike Fears

The stock fell 16.8 per cent to 49 cents. The losses were widespread, and stocks that have been the biggest winners on the market the last few years, includin...


Nigeria's growth not enough to create jobs, says International Monetary Fund

The IMF said it was now predicting 3.7 percent global growth in both 2018 and 2019, down from its July forecast of 3.9 percent growth for both years. This acc...


Google Photos Gets 'Live Albums' Feature for Automated Photo Sharing

So what's new with the Pixel 3 XL? While the Pixel 3 XL may be better optimized to run smoothly with just 4GB of RAM, there is much more storage capability ...


A Sears Bankruptcy Could Be a Win for Some Landlords

Lampert - Sears's largest shareholder and creditor and the owner of the hedge-fund ESL Investments - asked creditors last month to refinance $1.1 billion in deb...


Oil prices gain as Iranian crude exports fall, Hurricane Michael nears

Columbus Day holiday. A government official added that the administration was in the middle of an internal process of considering waivers called significant r...


World stocks tumble after International Monetary Fund slashes economic growth forecast

While Nigeria will grow from 1.9 per cent in 2018 to 2.3 percent in 2019, South Africa and Angola were projected to move from 0.8 to 1.4 and -0.1 to 3.1 per cen...


China Foreign-Currency Reserves Drop on Trade Tensions, Yuan

Fang Xinghai, vice chairman of the China Securities Regulatory Commission, said that the worst that could happen is the USA imposing levies on all Chinese imp...


India buying Iran oil in defiance of Trump sanctions

Besides, New Delhi sought to get around the restrictions by supplying goods including wheat, soybean meal and consumer products to Iran in exchange for oil....


India defies USA, buying Iranian oil despite sanctions

Meanwhile, the International Court of Justice ordered the United States on Wednesday to ease some sanctions against Iran, including those related to the supply ...


If Nhlanhla Nene leaves: 3 candidates who could become finance minister

The office of the Public Protector said on Tuesday it would look into a complaint by the main opposition Democratic Alliance party about the investment, carried...


Amazon Eliminates Bonuses, Stock Awards For Hourly Workers

But some longtime employees say they are losing out. It also vowed to lobby to raise the national minimum wage . Those who already made $15 will get an ext...


Jaguar Land Rover in two-week shutdown as sales struggle

Latest figures showed JLR sold 57,114 vehicles in September, 12.3% down on the same month a year ago - with a slump of 46.2% in China blamed on "import duty c...


China trade war and Brexit threaten global growth says International Monetary Fund

In its report the International Monetary Fund said the tit-for-tat tariffs imposed by the United States and China, weaker performances by eurozone countries, ...


Iran refutes Saudi claim that can meet post-sanctions oil demand

The early October figures add to signs, however, that Iranian exports are falling more steeply than expected, stretching the ability of Saudi Arabia, non-OPEC R...


Juncker has ruined Europe, Italy: Deputy Prime Minister

Luigi di Maio, Italy's deputy prime minister and leader of the leftist Five Star Movement, said Friday that he would rather protect the Italian people than ...


Apple attacks Bloomberg spy-chip story in letter to Congress

Apple VP for IT security Goerge Stathakopoulos sent letters to both the US House and Senate Commerce Committees, according to a Reuters report. Apple denie...


Tehran says Saudi Arabia unable to replace lost Iranian oil

US Secretary of State Mike Pompeo last month said that on November 4th the sanctions against Iran will be enforced and that the US will consider waivers for c...


There's a new Facebook 'Friend Request' hoax doing the rounds

Your picture and your name are used to create a new Facebook account (they don't need your password to do this this). There's a new hoax message doing the...


Facebook hoax cause concern among officials

Your friends will think that it's you and accept your request. Users receive a message from a friend that says "Hi..." Then, it tells the receiver to forward ...


Petrol, Diesel prices rise in metros despite cuts; Check todays rate

Petrol rate registered a similar increase in Mumbai where it was being sold for Rs 87.29 (increase by Rs 0.14) per litre. A day after customers got a breath...


Check Your Freezer: AZ Meat Processor Recalls 6.5 Million Pounds of Beef

The raw beef was packed between July 26 and September 7 and shipped to retailers nationwide, including Walmart , according to the U.S. Department of Agricultur...


Sayonara Tsukiji! Relocation of Tokyo's famed fish market begins

The market was destroyed in the Great Kanto Earthquake of 1923 and shifted to its current location in 1935. Hundreds of fresh and frozen tuna tagged with thei...


Unilever withdraws plans to scrap dual listing and relocate out of UK

Another key issue was that Unilever's plans could see it booted from the FTSE 100 index, with repercussions for index funds which would be forced to sell th...


Popeyes Now Serving 24K Gold Chicken Wings

Popeyes PR released a statement saying, "We wanted to share this celebration with our fans, so our chefs cooked up something extra special for them". Popeyes ...


US actively considering waivers on Iran oil sanctions

On Wednesday, WTI crude was up 1.6 per cent at $76.41 a barrel, after touching a session high of $76.90 a barrel. Price gains this week were limited by Saudi ...


Wall Street drops as bond yield climb continues

That was another sign economic growth is likely to continue. The Russell 2000 index of small-cap stocks also slipped 10 points to 1,661, in line with the broade...


Canada Added 63,300 Jobs in September

Stats Canada says September's gains were seen nearly entirely in Ontario and British Columbia, largely in construction, with little change in the other province...


Manufacturing Jobs Growth is Best Since 1995

This is evidenced by data from the labor Department, reports the Chronicle.info with reference for a New time. In the past four quarters, average hourly wages h...


Rupee falls below 74 against dollar as RBI keeps repo rate unchanged

But in a clear indication that it's not done with rate increases, the RBI changed its policy stance to "calibrated tightening" from the neutral that's been ...


Nation's largest mattress retailer, Mattress Firm, files for bankruptcy

Mattress Firm on Friday filed for Chapter 11 bankruptcy protection . The closures will start with around 200 stores over the next few days. In a statement a...


Oil prices mark weekly gains ahead of Iran sanctions

In the US, crude inventories are estimated to have increased 1.5 million barrels last week, according to a Bloomberg survey of 13 analysts. President Donald ...


Amazon's $15 an hour a win? Not so, some veteran workers say

Bernie Sanders (I-VT) has been one of the company's bigger critics in Washington, though he praised Amazon after the wage increase. "I want to give credit whe...


Plane Makes Emergency Landing At Sydney Airport

The pilot warned the plane (not pictured) was running low on fuel, officials said. Passengers from other flights barely noticed the incident. A United Airli...


In Chandigarh, Fuel Prices Cut By 1.5 Per Litre

On Thursday, some tweeters felt that the idea of simultaneous polls, pushed by the Modi government , was anti-people. Maharashtra and Gujarat governments wer...


US Unemployment Rate Falls To 49-Year Low Of 3.7 Percent

United States non-farm payrolls increased by 134,000 jobs last month, the fewest in a year, as the retail and leisure and hospitality sectors shed employment. O...


LNG project boosts gas industry confidence but not short-term gas prices

An LNG export facility in Kitimat has received the green light. The gas will be exported to markets in Asia, China in particular, where a state-mandated switc...


European Union to offer United Kingdom a 'supercharged' free trade deal next week

Requirements in European Union law, such as in Technical Specifications for Interoperability, are still likely to apply during a transition period should a deal...


UK's May aims to gain Conservative control after storm Boris

In a large section devoted to Brexit , Mrs May restated her commitment to the Chequers deal that she has been forced to defend against attacks from Mr Johnson,...


US, Canada, Mexico trade deal, USMCA, NAFTA details: dairy, auto, dispute resolution

Just an hour after President Trump hailed the proposed revision of the North American Free Trade Agreement as a win for US workers and a vindication of his ha...


VP Pence: China 'Meddling in America's Democracy'

Any residual hope Beijing might have had that the United States was not out to contain its rise was quashed by Vice-President Mike Pence's blistering attack o...


Toyota recall - Millions of hybrid Auris and Prius recalled over power fault

In the USA, the recall covers more than 800,000 vehicles: the model year. The recall applies to 1.25 million vehicles in Japan, 807,000 in the U.S., 290,000 i...


Aston Martin skids on market debut

In fact, just over 90 minutes after trading started, shares were already down five percent. Andy Palmer, the chief executive of Aston Martin , said: "Today's...


Pence to address China in Hudson Institute speech

US intelligence agencies assess that Russian Federation interfered in the 2016 presidential election to boost Trump over his Democratic rival Hillary Clinton th...


Pence Accuses China Of Undermining Trump Campaign

Pence said Beijing's actions add up to a simple message: "China wants a different American president". Pence followed that up, saying intelligence assessmen...


Fuel Duty freeze a relief but presents a missed opportunity, says FTA

AA president Edmund King said the freeze would bring relief to millions of United Kingdom drivers and businesses. Ashley Barnett, head of consultancy at Lex ...


Fuel prices on the boil again, diesel breaches Rs 80 in Mumbai

Karnataka and Kerala have said that they will not be cutting state-imposed taxes on petrol and diesel . Petrol, diesel prices across the country scaled n...


Explained: The new NAFTA deal

As reported by Bloomberg, unnamed sources close to the talks reveal that the USA is "confident" that a deal will be reached between Canada , Mexico , and th...


Saudi journalist Khashoggi disappears after visit to consulate in Turkey

His fiancée, who returned to the consulate on Wednesday after waiting for 12 hours the day before, repudiated that claim. "Of course he was anxious", she said...


Rupee collapses to fresh low of 73.77

Rupee recovered 18 paise from its all-time low of 73.81 per dollar, while it is trading lower by 29 paise at around 73.63 versus previous close 73.34 per dollar...