Markets

"Common Insult In South Africa": Elon Musk Explains "Pedo Guy" Tweet

Specifically, by emails with Buzzfeed reporter Ryan Mac , which Musk unilaterally claimed were "off the record", where the CEO told the reporter that he sh...


Corporate tax rate cut a boost for the economy | HT Editorial

Indian Finance Minister Nirmala Sitharaman has unleashed the market's animal spirits with a massive stimulus to end the country's economic downturn. Reserve B...


Auto union strike is latest worry in Flint, GM's birthplace

Workers have surrounded the massive GM complex for days, marching and toting signs and US flags at plant entrances. Terry Dittes, a UAW vice president, made t...


Yemen's Houthi rebels announce halt in attacks on Saudi Arabia

Iranian Foreign Minister Mohammad Javad Zarif hit back at US Secretary of State Mike Pompeo over anti-Tehran remarks and said that although the Islamic Repu...


Related lung disease cases reach 530 as FDA opens criminal investigation

Cases have been identified in 38 states. "We are leaving no stone unturned", said Mitchell Zeller, director of the Center for Tobacco Products at the U.S. It ...


WeWork pushes IPO back at least a month

WeWork has reported a net loss attributable to the company of $689.7 Mn in the six months ended June 30, compared with a loss of $628.1 Mn a year earlier. Soft...


Aramco IPO will be ready within coming 12 months -chairman

The primary bourse will be the local Tadawul, and the kingdom is still considering its options for a secondary market overseas, he said. The Saudi central ban...


World economy to grow at slowest pace since financial crisis, says OECD

Trade conflicts are taking a toll on confidence and investment. "Weak global trade, lower metals prices and declining new orders are hampering exports and b...


Trump questions Iran's denial of blame over Saudi attacks

Yemen's Houthi rebels on Saturday claimed responsibility for the drone attacks on two Aramco oil plants in the eastern part of Saudi Arabia , Houthi-run al-M...


USA backs Saudi 'right to defend itself,' Iran warns of 'all-out war'

Yemen's Iran-aligned Houthi movement, which is battling a Saudi-led military coalition, claimed responsibility for the assault on two Saudi oil plants, inc...


Sensex climbs 1,300 points as Finance Minister Sitharaman announces tax booster

She said that public sector banks will hold meetings with NBFCs in 400 districts from now until October 15 in two tranches, Mint reported. Mumbai: Domes...


FDA finds impurity in popular heartburn medicine Zantac that could cause cancer

It's believed that long-term exposure to the impurity that was detected - N-nitrosodimethylamine or NDMA - at levels higher than what's considered safe could ...


'Defies Fact and common sense','' Apple about $14 billion European Union tax Dictate

The European Union's order for Apple to pay 13 billion euros ($14 billion) in back taxes to Ireland 'defies reality and common sense, ' the USA company sa...


Saudi Arabia's vulnerability 'the biggest surprise' of drone attack

He also wants Iran to stop supporting regional proxies, including Yemen's Houthi group, which has claimed responsibility for the attack . USA officials are...


Fed injects $75B into market to prevent interest-rate spike

The move was met with disdain from US President Donald Trump, who was hoping for a larger cut. "This is a time of hard judgments and disparate perspectives", ...


Most Popular Period Tracker Apps Are Sharing Extremely Sensitive Data With Facebook

Apparently, the data sharing happens through Facebook's Software Development Kit (SDK), which helps app developers implement certain features and aspects in the...


General Mills recalls some Gold Medal flour amid E. coli worry

The FDA also wants to remind you that flour isn't considered "a ready to eat product" since flour can contain raw bacteria. The company said there have been...


Draghi delivers "whatever it takes" pledge as era ends

The ECB has joined the US Federal Reserve and other central banks around the world in lowering rates and make credit cheaper in an effort to help the economy ...


Tesla Model 3 Electric Sedan Earns Top Safety Rating

The auto managed to avoid collisions in both the 12 miles per hour and 25 miles per hour IIHS track tests, but also scored high when it comes to the available...


After LSE's sharp rebuff, HKEX begins investor charm offensive

Its withering put-down comes after HKEX launched its surprise cash-and-shares takeover bid on Wednesday in a move set to disrupt the LSE's planned 27 billion ...


Facebook Executives To Meet Central Bankers To Throw Light On Libra

Today, in Switzerland, Libra team is meeting up with the Bank of International Settlements' (BIS) division CPMI ( Committee on Payments and Market Infrastruc...


Disney chief exits Apple board as firms become streaming rivals

Eric Schmidt, Google's former CEO, used to sit down at the table with Steve Jobs as a member of Apple's board. Hustling is more in Apple's bag of tricks t...


Price spike sends oil majors higher

Tension in the oil-producing Gulf region has dramatically escalated this year after Trump imposed severe us sanctions on Iran aimed at halting its oil exp...


China's output cools as it grows by 4.4%

China's moderate economic performance in August will not change the stable growth momentum for the full year, but more efforts are needed to counter external he...


Energy prices spike after Saudi oil attack as US blames Iran

Trump tweeted that he had "authorized the release of oil from the Strategic Petroleum Reserve, if needed, in a to-be-determined amount" that is "sufficient t...


Spokane gas prices rise slightly after attacks on Saudi oil facilities

GasBuddy Petroleum Analyist Allison Mac says overall across the nation prices have not gone up yet. While the oil supply disruption will spike gas prices wor...


State's Appeal Against Apple Tax Ruling Being Heard By EU Court Today

Apple Inc. told a European Union court it was unfairly painted as a tax dodger as it sought to topple a massive EU back-tax bill that's the hallmark of antitru...


All options on the table against Iran, Saudi envoy to Germany warns

Iranian President Hassan Rouhani said Wednesday the USA wants to "impose maximum" pressure on Iran through slander, following Saturday's attack in Saudi Ar...


US Central Bank Cuts Interest Rates, Signals Holding Pattern For Now

The Fed rate cut and briefing by its chairman "doesn't really change the narrative that investors are going to need more than that from some governing body to g...


Iran tells United States retaliation looms if targeted for Saudi attack

Most recently, both facilities were targeted from the air, disrupting Saudi Arabia's oil supply and its role as a swing producer, and raising the price per ...


Oil slips as market assesses fallout from Saudi attack

Oil plunged almost 7% in London after Reuters reported Saudi Arabia is close to restoring 70% of the oil production it lost after this weekend's attack o...


PM Imran telephones Saudi crown prince to condemn attack on oil facilities

The comparison to 9/11 was notable because 15 of the 19 hijackers who deliberately crashed four planes that day were Saudi nationals. The Saturday attack hi...


'High probability' Saudi attack launched from Iranian base near Iraq

On Monday, Finance Minister Lim Guan Eng said Petroliam Nasional Bhd's revenue and the government's fuel subsidy will increase after crude oil prices spiked fol...


Weapons used in Saudi attacks ‘came from Iran’: coalition

There already have been mysterious attacks on oil tankers that Washington blames on Tehran, at least one suspected Israeli strike on Shiite forces in Iraq, an...


US 'Locked and Loaded' After Attack on Saudis

The Wall Street Journal newspaper reported that the loss of almost 6% of global oil output due to drone attacks on Saudi Arabia's two oil facilities have...


Trump Authorizes Release of Oil from US Strategic Reserve

As India imports almost 80 per cent of its crude oil , any price spike widens the current account deficit, impacts GDP growth and raises the currency depreci...


GM recalls more than 3.4M pickups, SUVs to fix brake issues

GM has been repairing affected vehicles since December 2018, and issued a recall in Canada in June. In documents sent to the National Highway Traffic Safet...


OPEC cuts 2020 oil demand forecast, urges effort to avert new glut

Iraq's and Nigeria's oil ministers pledged on Thursday to reduce oil output to comply with their OPEC output targets. He recalled that last November OPEC and...


China exempts 16 types of USA goods from additional tariffs

Trump made the announcement in a late Wednesday tweet , saying Chinese Vice Premier Liu He asked for the delay in time for the People's Republic of China's 70...


No Talks With US While Sanctions In Place: Rouhani

Significantly, the latest moves towards diplomacy with Tehran come as Trump fired hawkish National Security Advisor John Bolton. Rouhani's website quoted hi...


KSA: New Saudi energy minister vows to achieve oil market balance

Prince Abdulaziz, who is the first prince from the ruling Al Saud family to lead the country's energy ministry, said he did not want to be "too presumptuous" ...


China keeps penalties on US pork, soy, eases some others

Negotiators are preparing for talks in Washington aimed at ending the tariff war over trade and technology that threatens global economic growth. Face-to-face n...


State Attorneys General Announce Google Antitrust Investigation

He stressed Monday that it is "not a lawsuit, it is an investigation to determine the facts". "Historically the feds have led the process and they're the ones...


Hong Kong Exchanges bids $39-billion to take over London Stock Exchange

LSE's shares pared earlier gains, reflecting skepticism that a deal can be done in the face of escalating tensions with China over Hong Kong and the view that t...


Jack Ma steps down as Alibaba Chairman

CEO Daniel Zhang will take his place. The company provides consumer-to-consumer (C2C), business-to-consumer (B2C), and business-to-business (B2B) sales servic...


Millennials, not taxes, get blame for India's falling auto sales

Ms. Sitharaman also said that the automobile in India did have its good times and till about two years ago, there has definitely been a good upward trajectory f...


Wendy's To Launch A Breakfast Menu Next Year

Some of the breakfast items will be Breakfast Baconator , Frosty-ccino, and Honey Butter Chicken Biscuit . To support the breakfast launch, Wendy's said, t...


Tom Watson to break Labour's uneasy truce over Brexit

Mr Austin said: "This is the most hard decision I've ever had to take, but the truth is I'm ashamed of the Labour party ". "Boris Johnson has already concede...


Tesla Safety Under Fire As Video Shows Driver Asleep While On Autopilot

However, in California for example, while there is not a particular law about sleeping while in the driver's seat of an autonomous vehicle, police have powers t...


Juul warned by FDA over marketing practices

On Monday, the Food and Drug Administration (FDA) sent a letter to Juul stating that if it did not take corrective actions within the next 15 days, it could ...