Markets

No takers yet for Jet, last date for bids extended

Initial bids were to be submitted by the end of Wednesday, but SBI has extended the deadline to April 12. "The action came following the airline breaching its...


Tesla Model 3 Standard Range Plus Orders Open In Europe, China

The announcement reverses Tesla's announcement on February 28 that the $35,000 model could only be purchased online. However, it comes at a bit of a discount - ...


Million Rock 'n Play Sleepers Recalled by Fisher-Price

The recall affects all models of Rock 'n Play Sleepers, of which 4.7 million have been sold at major retailers in the USA for $40 to $149. Now, Fisher-Price...


House passes bill to restore Obama-era ‘net neutrality’ rules

A bill to reverse the reversal of net neutrality rules was approved in the US House of Representatives by a 232-190 vote, though it will likely be shot down i...


Troubled Indian carrier Jet Airways suspends all flights to and from Singapore

Between yesterday and today, it cancelled flights to Singapore and Kathmandu. But the Mumbai-based airline is now operating just 14 aircraft - and it could le...


Uber reveals heavy losses as it files to go public

The company is expected to begin trading on the New York Stock Exchange under the ticker UBER as early as May. Uber past year had revenue of $11.3 billi...


Herman Cain says he faces 'cumbersome' vetting for Fed board seat

Mr. Trump has been highly critical of his handpicked Fed chairman, Jerome Powell, after a series of interest rate increases and other actions previous year that...


Thousands of Amazon workers listen to recordings from Alexa

Employees can discuss what they hear with other employees in an internal chat service, and they can share clips they have trouble interpreting-though the report...


Burger King slammed for 'racist' ad promoting Vietnamese burger

People quickly started tagging the Burger King creative team and demanding they address the racially insensitive ad. Last month, the ad was removed from TV aft...


In video, Ghosn says he is innocent, victim of backstabbing:The Asahi Shimbun

Mr Ghosn did not name any individuals in the video, and his main lawyer, Junichiro Hironaka, said those references had been edited out. The 65-year-old had be...


Top charities reduce gender pay gap

Guide Dogs reported an increase in pay gap of 1.8% from 12.8% to 14.6% in favour of men. She adds the Act wouldn't have closed the gender wage gap, "but, what...


Oil rallies as steep USA gasoline stock draw overshadows crude build

Worldwide benchmark Brent futures were at $70.66 per barrel at 0158 GMT, up 5 cents from their last close. The West Texas Intermediate for May delivery increa...


Google's Drone Food Delivery Service Will Debut In Australia This Week

Wing's service has seen around 3,000 deliveries to households for 18 months. The company says for now Wing's delivery service will only be available to "a limit...


International Monetary Fund increases growth projection for Nigeria

But lingering tensions on global trade still cast a shadow over the outlook for global growth, along with other downside risks including uncertainties surroun...


Trump says he won't give his tax returns to Congress

Trump told reporters at the White House that "I would love to give them, but I'm not going to do it while I'm under audit". Even though Neal addressed his le...


Crown shares tumble after Wynn cancels $7.1 billion casino takeover

In a tersely worded statement, the Las Vegas casino giant said it was ending all discussions with Crown Resorts. The proposed deal, which values Crown at A$14...


Boeing Stock Falls As Company Admits Fault For Crashes

At present, American Airlines' fleet consists of 963 aircraft. Currently, the Boeing Company is still working on a software update. "As part of this effort,...


Fiat pays Tesla to avoid European Union emissions fines

Arguably, it may find it increasingly hard to sell vehicles that emit more CO2 than those of the competition, presuming that vehicle taxation will increasingly ...


Gas prices continue to rise nationwide

The only caveat with the Monday rule appeared to be that prices could tick up a bit by mid afternoon, so the best time to fill up is first thing in the mornin...


EU Leaders To Discuss Article 50 Extension At Special Summit

Tusk said granting the June 30 extension that May has been seeking "would increase the risk of a rolling series of short extensions and emergency summits, cre...


Uncertain future for staff as Debenhams on edge of administration

The new ownership consortium is led by hedge funds Silver Point Capital and GoldenTree, which built strong positions by buying up Debenhams' bond debt. Mr Ashle...


Lauren Sanchez files for divorce from Patrick Whitesell

After months of speculation surrounding the future of Amazon and the personal valuation of Bezos, the ex-couple revealed on Twitter how their stock is being...


U.S Unemployment Rate Remains Unchanged at 3.8 Percent

By comparison, the year-over-year gain in February was 3.4 percent. The tidings proved a surprise as analysts had been looking for a marginal gain of 1,000 job...


Sterling adds to gains as May announces Labour talks

He said the meeting was "useful, but inconclusive", and talks would continue. "She added that Brexit is a decisive moment in our history and we must come to...


‘No-deal Brexit might mean recession in Britain, EU’

Now, May has called in Jeremy Corbyn, leader of the opposition Labour Party, for talks on a way forward in the hope that a joint agreement will be passed by Par...


Trump considering picking Herman Cain for Fed board

He's somebody that gets it, and I hope everything goes well - but Herman Cain is a very good guy". The announcement comes weeks after Trump floated another no...


Trump insists ‘actual emergency’ exists at US-Mexico border

Trump, who campaigned on a promise to secure the border, has thrown virtually every option his aides have been able to think of at the problem, to little avail....


Muted growth prompts RBI to cut key lending rate to 6%

For the FY 2019, RBI conducted their first bi-monthly monetary policy meeting and decided that a rate cut is necessary at this point of time. This is also...


Government may direct banks on bad loans resolution

What did the "Resolution of Stressed Assets - Revised Framework" replace? In the past, this flexibility caused the recognition and resolution of stressed loans...


Ghosn: Renault piles pressure on former chief executive

Ghosn has been living in Tokyo , where he was released on bail after spending 108 days in detention after his first arrests on charges related to his manag...


Saudi Aramco made $111b in 2018

That's now changed under King Salman and his son, Crown Prince Mohammed bin Salman, who have taken a much more active role in controlling various power centres ...


Bitcoin Cash [BCH] Rise by $100 As Bitcoin [BTC] Bull Run Continues

They do not have an exact clue or any kind of developments regarding the placement of such a big amount of order. According to Reuters an order worth $100 m...


Jeff And Mackenzie Bezos Have Settled The Most Expensive Divorce Ever

MacKenzie Bezos, a novelist, spoke first through Twitter , writing, "Grateful to have finished the process of dissolving my marriage with Jeff with support of ...


The best deals you can score on National Burrito Day

Showing it on your phone is fine, too! Stay in and enjoy the holiday with free delivery on all orders over $10 on the Chipotle app or website , as well as ...


Asian shares surge on China’s manufacturing unit comeback, commerce talks progress

The Dow Jones Industrial Average rose 329.67 points, or 1.27 percent, to 26,258.35, the S&P 500 gained 32.79 points, or 1.16 percent, to 2,867.19 and the Nasdaq...


DHS sending 750 more agents to U.S.-Mexico border over 'influx'

The New York Times reports Trump Vows to Close Border, Even if It Hurts the Economy . Part of the reason the effect of a border closing would be felt so qu...


Oil price hits 2019 peak as Trump moots new sanctions against Iran

The global benchmark was 27 cents, or 0.4 percent, higher at $69.28 a barrel by 1:40 p.m. EDT (1740 GMT). WTI Crude Oil was up 0.65 percent at $61.99 per barr...


Opposition leader Corbyn: could still call no-confidence vote in PM May

In a bid to break the impasse, MPs on Monday (local time) voted on four alternative Brexit options, but all options were defeated. May said that if she coul...


WH Scrambles To Form Legislative Plan To Keep Trump From Closing Border

The US immigration courts have enough workload for them given that there are too many cases for them to handle and some have even been extended to a year's wa...


No-deal Brexit could impact foreign and security policy, Barnier warns

The Labour leader said he would be "very happy" to meet the Prime Minister in a bid to offer "certainty and security" to the British people. These options pro...


Whole Foods Market to cut prices on hundreds of items starting Wednesday

This is the third round of price cuts since Amazon purchased Whole Foods in 2017 for $13.7 billion, the company said . However, in February, the Wall Stre...


Jeff Bezos investigator accuses Saudi government of hacking Amazon chief's phone

Sanchez as of last July. But unlike Bezos's blog, which had screenshots of mails from an Enquirer executive, Gavin de Becker , the security chief, did not ...


No fooling, Burger King is selling a meatless Whopper

Despite being plant-based, Burger King promises the Impossible Whopper's patty is just as juicy and crave-worthy as the standard beef . Burger King will ...


Lyft slips below IPO price on second day of trading

Rakuten is Lyft's biggest shareholder. Yet while Wall Street is bullish about the long-term prospects for Lyft and for Uber , the largest ride-hailing ...


Erdogan Loses Key Cities in Local Elections

Turkish broadcasters said opposition Republican People's Party (CHP) candidate Mansur Yavas had won a clear victory in Ankara. Turkey's ruling Justice and D...


Saudi Aramco Gets High First-Ever Credit Ratings

Aramco intends to issue its first USA dollar-denominated bonds, expected to be for at least $10 billion, in the second quarter to help finance its acquisition ...


Facebook finally explains how it organizes your news feed

Facebook calls it the News Feed and like any other news format, it prioritizes some posts more than others and includes ads. "The goal of News Feed is to sho...


Elon Musk has released a Soundcloud rap track ‘#RIPHarambe’

Musk offered little explanation, simply tweeting "Emo G Records" and a link to the SoundCloud . The Space X boss said: "This might be my finest work". As of th...


Brexit chaos returns to Parliament for more indicative votes

But a number of Labour MPs from leave-voting constituencies previously defied the party whip and voted against the proposal, making it hard to see where addit...


Major delays as multiple airlines face system-wide issues

Southwest told passengers on Twitter they were working through some tech issues and will get passengers on the way as soon as they can. "In the meantime, once m...