Markets

Mukesh Ambani calls for movement against 'data colonisation'

The twin oil refineries at Jamnagar will produce more value-added products like petrochemicals and less of fuel as the world moves towards electric vehicles. Ji...


Former Nissan chief Ghosn faces fresh allegations

The firm said the contract was signed without consultation with current Nissan CEO Hiroto Saikawa or Mitsubishi Motors CEO Osamu Masuko . Japanese firm...


Latest Updates on Winter Storms Impacting Travel in Midwest, Northeast

In Iowa, temperatures in the teens Saturday were expected to drop below zero (-17 Celsius) overnight, producing wind chills as low as 20-below (-29 Celsius) by ...


Aer Lingus unveils new brand as it seeks further transatlantic expansion

It's been two decades since Aer Lingus had a makeover. The brand refresh is being delivered in keeping with Aer Lingus' value carrier model, as part of the co...


KPMG brought in by Patisserie Valerie owner to explore options

Luke Johnson the chairman put £20m of his own money to keep the company afloat, later on other shareholders paid in £15m, £10m of this paid back Johnsons loan t...


Morgan Stanley makes changes to bonus payouts for juniors

For personal guess ROI is usually expressed as a percentage and is typically used for taking any financial decisions, for the objective of comparing a Morgan S...


Frozen chicken nuggets recalled after people find wood in them

The voluntary recall was sparked when the meat producer received three complaints from customers who found pieces of wood in their nuggets. The UPC product co...


Vanguard's Jack Bogle, index investing fund pioneer, dies at 89

When Vanguard was founded in May 1975, Bogle introduced mutual funds that operated at cost and independently with their own directors, officers and staff, in ...


Lotus gears up for China factory under Geely

Reuters got hold of government documents, revealing that Geely's new Wuhan factory will build models for the British sports auto maker while there are now 20 o...


Dishwasher Awarded $21M After Being Forced To Work On Sundays

Pierre and Brumer alleged in court hat the devout Baptist told her bosses she couldn't work on Sundays and that she was a missionary, but they penciled her in...


Facebook to invest United States dollars 300 million to promote local journalism

Facebook will help local news organizations . "That's why today we're announcing an expanded effort around local news in the years ahead", Brown said late on Tu...


Microsoft will spend $500 million on building affordable housing in Seattle

In a blog post on Wednesday, the company's president Brad Smith said he made a decision to pull the trigger upon the realization that "a healthy business ne...


JP Morgan Feels Market Volatility Despite Record Q4 Profit

Shares of JPMorgan Chase & Co declined Tuesday after the bank reported quarterly profit that was below the expectations of Wall Street analysts for the first ti...


Trump cancels USA administration's Davos trip

The record-breaking government standoff has brought nine government agencies to a standstill while dragging on for the 27th day. Treasury Secretary Steven Mn...


Fragmenting worldwide relations 'most urgent risk' in 2019

Regardless of what the view is on causes of climate change or how we can collectively bend the will of different players to conform to things like the Paris A...


Local Shopko Hometown stores will stay open

Steinhorst added in a news release that filing for Chapter 11 bankruptcy was hard but necessary. Two other Treasure Valley Shopko stores are also closing, as ...


Leslie Moonves challenges CBS move to nix $120M severance package

But on Wednesday, Moonves notified his former employer that he will push the matter into arbitration, according to a Thursday filing with the U.S. Securities an...


Furloughed Federal Workers File For Unemployment

Light, a professor of public service at New York University's Wagner Graduate School of Public Service, is a leading expert on the federal service and the autho...


Tesla Model 3 hackers can earn up to £700,000 for exploits

For this year's edition of the Pwn2Own hacking contest at CanSecWest, Trend Micro's Zero Day Initiative has announced a new target category: Automotive. The M...


Trump cancels Pelosi trip and Davos delegation over United States government shutdown

Donald Trump has cancelled a proposed overseas trip by his Democratic opponent Nancy Pelosi , and scrapped administration officials' travel to the World Eco...


Germany considers blocking Huawei from its 5G networks

The latest allegation could deepen the trade rift between China and the United States and put more pressure on Huawei, which is at the centre of suspicions ...


New Jersey to raise minimum wage to $15 by 2024

Critics argue raising the minimum wage could result in staff cuts and employee schedules. Sanders was joined by progressive Rep. Mark Pocan (D-Ill.) in sponso...


Trump Blames Nancy Pelosi For Shutdown That He Called For

Scalise was asked whether he thought Pelosi was simply trying to get into the president's head in the midst of negotiations, to which he replied: "I think he's ...


Guy's Crazy Stunt Gets Him Banned From Cruise Line

Naydev quickly figured that out after cruise officials and Bahamas police authorities forced him to leave the ship - and then find his own transportation, on hi...


PM Theresa May, opposition Labour's Corbyn at impasse over Brexit 'Plan B'

She appeared outside her 10 Downing St. residence after meeting the leaders of several smaller parties. May must "do the right thing and resign", said Corbyn...


Goldman Sachs reports higher trading revenue, shares jump

The latest bank results mean the collective profits of the biggest six banks exceeded $100 billion in 2018 for the first time in a year, according to Bloomberg ...


Hundreds of flights cancelled: Strikes at eight German airports have started

At the airport Hannover-Langenhagen and Bremen called Ver.di approximately 700 Employees of the security personnel on a 24-hour warning Strikes, which wil...


Brexit: Election failure puts pressure on Corbyn to back vote

UKH chief executive Kate Nicholls said: "Tonight's (15 January) vote in parliament brings into stark reality the prospect of a no-deal Brexit, which would likel...


Relief for start-ups; new procedure put in place for ‘angel tax’ exemption

Under Section 56 (2) of the Income Tax Act where a closely held company issues its shares at a price more than its fair market value, the amount received in e...


United Kingdom government survives no-confidence vote after historic Brexit defeat

An insider said: "The charge sheet against him is endless - he has misled Mrs May on votes, smeared MPs, broke Parliamentary convention, and he briefs against h...


Oil Slumps Despite OPEC-Plus Production Cuts as Trump Tariffs Batter China

Imports to China fell 7.6% year on year, while exports fell 4.4%. Ole Hansen, head of commodity strategy at Denmark's Saxo Bank, said "the deterioration see...


Huawei facing criminal probe over theft of trade secrets

Huawei claims that it didn't steal trade secrets because the robot was the subject of several YouTube videos (click on the video at the top of this article), an...


China's exports saw biggest fall for two years in December

However, the data show December exports to US contracted 3.5 per cent compared with year ago as Trump tariff hikes hit. China's total global exports rose 9.9 ...


Sears Survives, For Now: Chairman Wins Auction, Staves Off Retailer’s Liquidation

Lampert has said the deals were properly crafted and kept the chain alive. It opened in 1975 and has been operating for almost 43 years. According to sources ...


Ripple (XRP) Price Could Soon Rally Versus Bitcoin (BTC)

Aeternity (AE) traded up 9.2% against the dollar and now trades at $0.41 or 0.00011171 BTC. Meanwhile, Bitcoin is trading at $3,642 at the time of writing f...


Theresa May facing humiliating defeat on Brexit deal

The battle now is over not whether May loses, but how badly. May's Conservative Party has 317 lawmakers. Even if some abstain, a defeat by more than 100 would...


Kona, Genesis G70 win top auto awards in US

Truck finalists included the Chevrolet Silverado 1500, GMC Sierra 1500. It is the first time for a South Korean carmaker to win two awards at once, the company ...


North-east shops safe as Marks & Spencer announces latest batch of store closures

The latest plans will affect 1,045 staff, who will now be involved in a consultation process. To date, 1,891 workers have been impacted by the closures but th...


Brexit vote defeat: What happens now?

However, if no government is able to form after 14 days, there would be another general election. Speaking to the BBC as he headed off for a run on Wednesday ...


McDonald's loses Big Mac trademark in EU

Supermac's managing director Pat McDonagh said it represents a victory for small businesses all over the world. The Irish fast food company had claimed that M...


Brexit deal result: Theresa May’s plan rejected by MPs in parliament

Financial markets were also watching closely, with several currency trading companies roping in extra staff for the vote and at least one putting a cap on trade...


Saudi energy minister says oil market on 'right track'

OPEC , and other leading global oil producers led by Russian Federation, agreed in December to cut their combined oil output by 1.2 million barrels per day from...


Trump's Invite to Only Some Democrats Backfires on Him

The shutdown affects almost 800,000 federal workers and is the longest in history. "The American people are counting on us to show leadership, and we have done ...


Brexit: Theresa May loses vote, demonstrators take to streets

July 9, 2018 - Brexit Secretary David Davis resigns over the so-called "Chequers Plan" to be replaced by Dominic Raab, with Foreign Secretary Boris Johnson foll...


Huawei President Refutes Allegations of Spying for China

Ren told journalists that he would decline any request from the Chinese government for sensitive information on Huawei's customers, and said neither he nor the ...


Tokyo court denies request for Ghosn's release on bail

After the Special Investigation Department of the Tokyo District Public Prosecutors Office indicted Ghosn, 64, on January 11 on aggravated breach of trust and...


New Shelby Mustang steals the show at Detroit Auto Show

That platform, GM said, will allow the company "to respond quickly to customer preferences with a relatively short design and development lead time" due to its ...


Ford to engineer and build bakkies for Volkswagen

The chief executives of VW and Ford said they were determined to continue talks on expanding their collaboration further to include new technologies and a...


Newmont's $10B offer would create world's biggest gold miner

Newmont's move proves Barrick Gold Corp .'s new chief executive officer words prophetical. Goldcorp said Monday it produced 2.3 million ounces past year, while...


May faces crushing defeat on Brexit deal

Under the terms of the Act, a general election is triggered 14 days after a successful no confidence motion, unless MPs express their confidence in the Prime Mi...