Markets

Bipartisan group of USA senators propose bill to limit presidential tariff powers

President Trump's low approval ratings and the swirl of controversy around the White House have Republican strategists anxious about the party's standing heade...


Kudlow: Trump Is 'Seriously Contemplating' Separate Trade Deals with Mexico and Canada

Earlier this year, Mexico and the European Union reached a provisional agreement on an expanded trade deal adding farm products including pork to the tariff-fre...


MyHeritage Genealogy Site Announces Mega Breach Affecting 92 Million Accounts

The company said the breach affected all accounts up to and including to October 26, 2017. So far, the company has found no evidence that bad actors used the ...


Musk Says Tesla Manufacturing to Shift From ‘Hell’ to Strength

Shareholder Jing Zhao, who owns 12 shares of Tesla , argued that Musk should be replaced with an independent chairman given Tesla's recent growth in a rapidly ...


Nicaragua death toll rises after Mothers' Day protests

It blamed police and Sandinista gangs. University students takes part in a march against Nicaragua's President Daniel Ortega in Managua, Nicaragua , Wednes...


Crude oil futures up 0.76% on overseas cues

Bloomberg reported Tuesday that USA government officials have asked Saudi Arabia and other OPEC producers to increase production by more than 1 million...


IHOP Tweets Hint at Changing Name to ‘IHOb’; Social Media Users Respond

In a tweet, the chain said it was changing its name to IHOb effective June 11. A popular pancake spot is changing its name after 60 years of business. Twitter...


Government clears way for Fox's Sky bid

The Culture Secretary Matt Hancock warned that if the rolling news channel can not be spun off the deal with 21st Century Fox will be blocked. Hancock's dec...


Qatar Air CEO Says a Woman Could Never Do His Job

Al Baker's response, which came shortly after being elected chairman of the industry trade group at its annual meeting in Australia, was met with loud boos and...


Petrol, diesel prices cut marginally on Tuesday

The average price diesel per litre saw an even bigger hike of 6.12p - from 126.27p to 132.39p a litre - the second worst rise in prices since the start if 200...


Mexico strikes back, levying tariffs on US pork, steel, whiskey

USA stock prices fell sharply in late March after Trump promised to impose tariffs on Chinese goods. The attacks came as the government is already reeling f...


Google develops military weapons to kill people

The defence program, called Project Maven , set off a revolt inside Google, as factions of employees opposed Google technology being used in warfare. Maven had...


Global stocks slump amid Italian political turmoil

The ECB could just hint at an extension to QE while taking another six weeks to see how the political situation in Italy and the trade conflict with the USA p...


Howard Schultz stepping down as Starbucks chairman

Over the course of his career at Starbucks, the company grew from a handful of stores to an global behemoth with 28,000 locations around the world. Could it pos...


What to expect from Apple’s 2018 WWDC developer conference

It stated that iOS 12 will double down on performance , making devices faster and more responsive. Apple is expected to reveal big news about its upcomin...


Google won't renew drone AI contract with Pentagon

It remains unclear exactly what role the tech industry continues to play in the Pentagon initiative, known as Project Maven , that seeks to use machine learnin...


Two Massive Winning Lotto Tickets Sold in Brampton

Two tickets sold in the Sault Ste. According to BCLC, someone in South Delta was one of three winners who split a Max Millions $1 million prize, taking $333,3...


Merkel has Rejected any Possible Financial Support for the Italian bank

President Donald Trump. In Paris, the presidential Elysee Palace hailed what it said was a move "towards the French view". Merkel congratulated Italian Prim...


Microsoft Inches Past Google to Become the Third Most Valuable Company

The company is now valued at $760bn while Alphabet is valued at $739bn making Microsoft the third most valuable company in the world after Apple and Amaz...


Economy adds 223K jobs in May, unemployment down to 3.8 percent

It is extremely closely held and kept under tight control until it is released at 8:30 a.m. on the first Friday of each month. And higher Trump Administration t...


New Italian Government Takes Office

The 53-year-old academic heads a government of ministers from the anti-establishment Five Star Movement (M5S) and the far-right League Party, the first populi...


Family demands answer after dog dies on Delta flight

The death last week comes months after a French Bulldog died on a United Airlines flight from Houston to NY after a flight attendant insisted the owners put...


Visa investigating payment disruption

Bank social media accounts also confirmed the outage and informed customers of the issue. As far as we can see there are no public comments from the marketpla...


Alibaba's self-driving vehicles could deliver your packages in 2019

Cainiao's 2018 Global Smart Logistics Summit was held 31 May 2018 in Hangzhou. The entire operating costs of such unmanned formations are much lower than o...


Google draws up guidelines for its military AI following employee fury

Google Cloud CEO Diane Greene told employees about the decision to let the contract expire Friday, Gizmodo reported . Internal emails reviewed by Gizmodo ...


Amazon blocks Australia from global sites over tax

The online retail giant said it would redirect Australians to the newly launched Australian site once the 10 percent Goods and Services Tax (GST) was applied to...


Deutsche Bank (DB) Trading Down 2.5%

Shares in Deutsche Bank closed at an all-time low on Thursday as past misadventures in high-risk investment banking haunted new Chief Executive Christian Sewi...


Government receives no bids for Air India stake sale

The Union government had a few weeks ago issued the "Preliminary Information Memorandum" for "inviting the EoI for Strategic Disinvestment " of loss-making n...


The winning numbers for tonight's €4.5 million Lotto jackpot are here

The victor will have their choice of $1,000 a day for life, or $7 million. 6 Maxmillions prizes, worth $500,000 each, were sold in the Brampton area, Richmond...


Australia's Fair Work Commission raises minimum wage by 3.5pc

Although the national minimum wage remains stuck at $7.25 an hour, a wave of states and municipalities have taken it upon themselves over the past few years to ...


Oops! Valet Drives Expensive Porsche Under SUV

And by slid under we really mean it got jammed in there pretty good. As for how it went down in the eyes of witness Jonathan Bouzaid , he mentions in his In...


United States and Brent crude prices diverge further

Brent futures for July settlement, which expire Thursday, rose 0.7 percent to $78 a barrel on the London-based ICE Futures Europe exchange. Global oil market...


SoftBank to sink $2.25B into GM autonomous car unit

SoftBank's investment valued the business at more than $11 billion - well above the roughly $1 billion that GM paid to acquire the startup two years ago. It wi...


UK FCA Proposes Changes To High-Cost Credit Market

The regulator is also seeking feedback on a proposal to ban the sale of extended warranties at point of sale, which could save consumers up to 7.7 million pound...


Qantas and Air New Zealand Announce Codeshare Agreement

These services will not be included in the Air New Zealand codeshare deal, and Qantas will continue to codeshare on the Jetstar flights in New Zealand. Air New ...


Fargo KMart escapes latest round of store closures

Besides Peabody, the only other MA store in the announcement was a Sears in Springfield. The Sears Auto Center outside the store on Linden Road will close som...


Australia exempted from USA tariffs on steel and aluminium

In a tweet, Trudeau also furthered that the USA tariffs are "illegal and counterproductive measures under NAFTA Chapter 20 and at the WTO" and that "it is sim...


Fiat Chrysler's five-year road map

Notably, the last five-year strategy update, announced in 2014, had a grand vision for Chrysler. FCA expects sales to grow by around 7 percent each year and t...


As A-Shares Inclusion Nears, This ETF Is Getting Bigger

Shenzhen, China-based ZTE was one of five companies removed because their shares are suspended from trading, MSCI said in a statement on Wednesday evening. ...


Kudlow says Trump's jobs report tweet was totally legal. Other economists disagree

White House Press Secretary Sarah Huckabee Sanders told CNBC that Trump did not break the rule because he did not cite the report's numbers. "I would say not ...


Pentagon project causing "existential crisis" within Google

According to BuzzFeed , the current contracts run until March 2019 and sees Google use machine learning to analyze drone footage and identify objects. In a let...


Spain Parliament Expels Prime Minister Mariano Rajoy Over corruption Scandal

Rajoy earlier charged that Sanchez and the Socialists could not win at the polls and so sought the no-confidence vote as the only path to power. Rajoy becam...


Vermont will pay up to $10,000 to new residents who work remotely

Gov. Phil Scott signed a bill on Wednesday that will pay remote workers to move to Vermont. And, no working for yourself: you must be employed full-time by ...


United States jobless rate falls to 18-year low

Daniel Silver, an economist at JP Morgan, said in a note Thursday that he expects 250,000 jobs were crated in May, citing low unemployment insurance claims duri...


Google Will Not Renew Pentagon Contract That Upset Employees

Google has decided that it won't seek additional business related to a controversial artificial intelligence project it signed last year with the Department o...


Buffett proposed to invest $3 billion in Uber, but talks failed

High-profile U.S. investor Warren Buffett's plan to invest more than USD3 billion in Uber Technologies Inc fell apart earlier this year following disagreeme...


Italy swears in new populist government

Italy's Minister of Labour and Industry Luigi Di Maio gestures next to Interior Minister Matteo Salvini after the sworn-in ceremony at the Quirinal palace ...


How Trudeau’s Push for a ‘Skinny Nafta’ Deal Hit a Trump Wall

Effective midnight, Canadian steel transported over the U.S border will face a 25 per cent tariff and aluminum will face a 10 per cent tariff. The list includ...


Deutsche Bank gets ECB, key investor support as S&P questions strategy

The "troubled" designation is given to banks with a four or five rating. And a source familiar with the ECB's thinking made it clear that Deutsche Bank had ma...


Euro set to snap six week losing streak as Italy concerns wane

Lupo Rattazzi, a prominent Italian businessman, ran a full-page advertisement in several national newspapers addressed to Salvini and Di Maio, warning the elect...