Markets

US Department of Energy Now Calling Fossil Fuels 'Freedom Gas'

Adding, export capacity is "critical to spreading freedom gas throughout the world". That is, at least according to a press release this week from the Depar...


$1092 pay rise coming your way

The Fair Work Commission has ruled that Australia's lowest paid workers should receive an increase this year of 3 per cent . Award covered employees: The...


Lower Emerging Market Demand Weighing on Prices

Front-month Brent crude futures, the worldwide benchmark for oil prices, were at 66.28 US dollars at 0311 GMT, down by 59 cents, or 0.9 percent, from last sessi...


China says United States ‘lies’ about effect of tariffs on its economy

More and more consumers and enterprises in the US have already felt the negative impact of trade friction. In a new survey of 40 economists on the Initiativ...


Uber's Q1 losses reach $1B despite revenue growth

But Wedbush analyst Ygal Arounian said he was encouraged by improvements in take rates, and accelerating revenue growth. In South America, however, the compan...


Amazon wants to buy Boost Mobile from Sprint, T

It was recently reported that the Department of Justice wants a 4th major phone company if it would approve a T-Mobile Sprint merger. Amazon would also be int...


Operations beginning to come back online after system-wide Air Canada outage

YVR spokesman Brock Penner advised Air Canada passengers Wednesday to check their flight status on yvr.ca and leave extra time for check-in and bagging processi...


Dollar Tree announces it will sell alcohol in 1,000 stores

At least 1,000 Family Dollar locations will be renovated to include expanded party goods, and certain Dollar Tree-branded merchandise. Family Dollar has many ...


Huawei mounts legal challenge against USA ban

Song said the "state-sanctioned campaign" against the company will not improve cybersecurity. Huawei first sued the U.S. government challenging the NDAA in ...


President Trump Announces New Tariff on Mexico Over Illegal Immigration

In a White House statement, Mr Trump said the tariffs would rise by 5% each month until October 1, when the rate would reach 25%. Speaking with reporters ou...


Uber to begin kicking riders off app who have low ratings

Uber, which is based in San Francisco, allows customers to book... She also said that riders can boost ratings with good behavior, such as being polite, not l...


Huawei Files Motion for Summary Judgment to Overturn US Ban

Fighting to maintain its access to major markets for next-generation communications, Chinese tech giant Huawei is challenging the constitutionality of a US la...


China’s Latest Trade Threat Reignites Concerns Over US Mineral Dependency

The state-owned Global Times tabloid warned in an editorial posted online that the "US will rue forcing China's hand on rare earths". "The fact that rare ea...


Alibaba mulls raising US$20 bln via HK second listing

The giant ecommerce group is trying to boost its liquidity and to diversify its sources of funding, insiders told Bloomberg . "For Chinese companies listed i...


FedEx diverts two Huawei packages to the United States without permission

The Chinese telecoms giant said that FedEx had also attempted to reroute two other packages from Hanoi in Vietnam destined for Huawei's offices in Hong Kong and...


Mackenzie Bezos Pledges To Give Half Her Amazon Fortune To Charity

Oregon's richest man, Nike co-founder Phil Knight, has also pledged to give away most of his fortune . The fortune of Jeff Bezos was estimated by Forbes ...


Snake found inside shopping cart at North Texas Walmart

Northeast Police said an officer in the area heard a loud scream from across the Walmart parking lot on Friday evening. The snake had worked its way into a grou...


Mark Alexander: Memorial Day: In Honor of American Patriots

They, along with all those American men and women who died in the military service of their country, will be honored at that time. Music will be provided by the...


Bruins’ Marchand expected to play in Game 1 of Cup Final

Game 2 is Wednesday night. Prior to Boston's surge, St. Louis had been in control. Cassidy expects to match up the first line of Marchand, Patrice Bergeron...


Fiat Chrysler proposes merger with French carmaker Renault

The Wall Street Journal said the talks were "wide-ranging" and could include Renault and Fiat Chrysler "joining large portions of their businesses". An a...


Fiat Chrysler proposes plan to merge with France's Renault

Nissan isn't involved in talks between the two European vehicle companies and doesn't view an extensive deal between them as a positive development, people wit...


Huawei devices pulled from Android Enterprise Recommended program

It is heard that reason why ARM made a decision to halt its business with Huawei is because ARM's technologies are affected by fundamental technologies of A...


Naresh Goyal, wife offloaded from London flight

An airport official said the aircraft was called back to the parking bay at the time of taxiing. The two had boarded the Emirates EK-507 flight and the airc...


Huawei Can’t Use microSD Cards In Its Phones Going Forward

It likely means that future Huawei devices won't be able to use microSD cards. Last week's U.S. executive order to ban Huawei has now been implemented by ...


How to Watch AEW Double or Nothing Live Stream Online

ET. How can you watch Double or Nothing online? Before the main card kicks off, the hour long Buy In pre-show, which will be streamed live on AEW's YouTube c...


Facebook to launch its cryptocurrency next year

Zuckerberg has held talks with the governor of the Bank of England , Mark Carney , discussing the risks and opportunities involved in the crypto project and t...


Honda reveals striking pair of Civic Type R concepts

The power comes from the 2.0-litre VTEC TURBO engine that has been optimised and refined to produce 320 PS with peak torque of 400 Nm. While it is public knowl...


Microsoft pulls Huawei products from online store amid United States ban

Negotiations over how to cut the huge, longstanding US trade deficit with China and resolve complaints over Beijing's methods for acquiring advanced foreign tec...


Federal Reserve could cut interest rate cut after inflation woes

The May FOMC minutes detailed a reserved conversation among policymakers who believed that patience on rates would be appropriate for the foreseeable future. Ma...


Google’s first GDPR probe comes from Irish privacy regulators

The complaint was filed by a host of privacy activists and pro-privacy browser firm fearless. Fearless argued that when a person visits a website , intimat...


DJI makes major safety upgrade, adds ADS-B in tech

These devices receive sensors that can receive Automatic Dependent Surveillance Broadcast (ADS-B). By utilizing ADS-B, any airplanes or helicopters near one...


Oil prices extend decline on growing supplies

Most of the loss can be attributed to a steep decline on Thursday, which produced the worst single-day performance in 2019. USA crude was pressured by climbin...


United Kingdom chipmaker ARM reportedly cutting ties with Huawei

In light of Google's decision to cut ties with Huawei , which puts Android updates in jeopardy as well as access to the Google Play Store for future Huawe...


62,000 pounds of meat recalled just days before Memorial Day

All of the recalled products have the establishment number "EST". The FSIS urged consumers to discard impacted products and practice food safety, which includ...


Australia c.bank signals rate cut in June as economic growth cools

Earlier this month, the Reserve Bank of Australia (RBA) signaled future rate cuts, as they adjusted their growth forecast from 2.5 to 1.7 percent for the firs...


Elon Musk exercises Tesla options for 175000 fresh shares

Dan Ives of Wedbush Securities' slashed his price target for Tesla shares from $275 all the way down to $230. "With a code red situation at Tesla , Musk & ...


China urges sincerity in Sino-US trade talks | #AsiaNewsNetwork

Nomura warned in a report on Thursday that its baseline scenario now assumes the new tariffs will go into effect before the end of the year, lowering GDP growth...


EE to launch 5G mobile network in Edinburgh on 30 May

And on Wednesday mobile carriers in Japan and Britain said they were delaying releases of Huawei handsets. Japanese consumer electronics company Panasonic has...


U.S. Postal Service Begins Testing Self-Driving Trucks for Delivery

The US Postal Service is working with a self-driving truck company to test autonomous mail deliveries along a key route in the Southwest. Self-driving trucks co...


EE will switch on its 5G network on 30 May

The United States has said Huawei is a security risk and open to spying by Beijing, a claim the Chinese company denies. "We are launching 5G with Huawei in th...


ARM to stop supplying chip technology to Huawei

Huawei uses Arm's blueprints to design the processors that power its smartphones. Although ARM is based in the United Kingdom and its parent company is Japan-ba...


Ryanair profits down by more than a quarter, company says

SHARES in Ryanair have taken a battering after the airline unveiled a hit to profits amid turbulence in the aviation industry . The company saw traffic grow...


Japanese economy sustains growth in the first quarter

Japanese government officials and lawmakers have been waiting for the GDP to come out, as they are assessing whether the economy is strong enough to handle a ...


United States eases curbs on Huawei; founder says move means little meaning

The founder of Huawei expressed confidence Washington's curbs on sales to the Chinese tech giant will have little impact and said Tuesday it is discussing "emer...


Women's Clothing Chain Dressbarn to Close All 650 Stores

It's another sign of hard times for United States retailers, as stores close across the country. That number already exceeds last year's total of 5,864 closure ...


India stocks soar as polls point to Modi election win

BJP is predicted to win 25-34 seats and Congress 12-15 seats. However, both the Republic TV-CVoter and IANS CVoter Exit Poll 2019 have forecasted the result...


U.S. to drop steel, aluminium tariffs with Canada, Mexico

The United States and Canada said their agreement will be implemented by Sunday afternoon, and includes new curbs aimed at preventing dumped steel and alu...


US May Scale Back Huawei Trade Restrictions to Help Existing Customers

Of that, about $11 billion was spent on products from dozens of USA businesses, including computer chips from Qualcomm and Broadcom, as well as Microsoft so...


Modi's party confident after polls predict India election victory

Vote counting following the seventh and final phase of a gruelling poll that lasted more than five weeks will begin on Thursday, with the election result expect...


Tesla Model 3 Autopilot was active before deadly collision, federal investigators say

The accident happened in March in South Florida when the vehicle crashed into a semi going 68 miles per hour on a road with a speed limit of 55 miles per hour, ...