Markets

Land Rover Discovery production moving to Slovakia

JLR had already announced in 2016 it would produce Discovery models in Slovakia, but only said the manufacture would be split. The company, owned by India's...


People are already torching things they shouldn't with Elon Musk's flamethrowers

At least a thousand people gathered in front of SpaceX's California HQ, on Saturday, to attend the sale launch of the "Not-a-Flamethrower". Musk named the dev...


President Trump, Kim Jong-un to Sign Agreement Pledging to Continue Talks

Mr Kim and Mr Trump arrived in Singapore on Sunday for what will be the first-ever summit, set to held on Tuesday (June 12), between a leader of North Korea ...


Trump reportedly changes departure time from summit with North Korea

A Trump administration official, speaking on condition of anonymity, said the USA side was entering the talks with a sense of optimism and an equal dose of skep...


From pancakes to patties: IHOP now the International House of Burgers

The P for pancakes is leaving us forever. It tweeted, "dear internet we have officially changed our name to Cake-umm because Steak-umm just wasn't doing it fo...


Ditching entourages, Trump and Kim Jong Un to meet 1 on 1

He joined Singapore's foreign minister, Vivian Balakrishnan , who took a selfie, before stopping at the Marina Bay Sands hotel, which resembles a giant sur...


Singapore spin cycle: Trump, Kim prepare for nuclear summit

Even if Kim offers only "a fine-sounding rhetorical commitment, and maybe a few missile surrendered or some site closures", he said , Trump will "market this...


FACT CHECK: Did Justin Trudeau's Eyebrow Fall Off at the G7 Summit?

Trump, who is in Singapore for meetings with North Korean leader Kim Jong-un, tweeted that "Fair Trade is now to be called Fool Trade if it is not Reciprocal"...


Facebook Reportedly Shared Friend Data with Companies Long After Promising to Stop

Facebook says its data-sharing agreements with RBC, Nissan and others were in line with the 2012 Federal Trade Commission settlement requiring the company to gi...


Singapore Mud-Sling: Donald Trump Vs Kim Jong Un Insults

The North Korean leader reportedly arrived at Changi Airport in Singapore Sunday afternoon, where he was met by the Minister for Foreign Affairs Vivian Balakr...


49 jobs at risk as discount retailer calls in administrators

After buyout firm Alteri Investors walked away from a rescue deal, Poundworld's owner TPG Capital last week said it was in talks with other potential buyers. De...


Pope to oil execs: Clean energy is an 'epochal' challenge

The Vatican's conference, called Energy Transition and the Care for Our Common Home, was a closed-door meeting , jointly sponsored by the Vatican and Notre Dam...


Kia recalls 65,000 vehicles in Canada for airbag glitch

The recall covers about 507,587 vehicles, according to the National Highway Traffic Safety Administration's (NHTSA) website. Four people died and six were inj...


US one-ups China in supercomputing race with IBM-made machine

US President Donald Trump's administration has taken an aggressive tone toward China , blocking the takeover of chipmaker Qualcomm Inc on national security gro...


Kim Singapore summit: All the latest updates

President Donald Trump to attend the nearby G7 Summit in Charlevoix after landing aboard Air Force One at Canadian Forces Base Bagotville in La Baie, Quebec, ...


Cryptocurrencies tumble after South Korea hack

The world's most valuable digital currency is now trading at $7,229 per coin, widening losses for the year to 48%. Although the exact amount of the coins st...


1M Lotto Tickets Sold In London, Windsor

Last night the winning ticket was drawn. Players can pay $1 for an additional row for the Extra prize. Seven Maxmillions ticket prizes, worth $500,000 each, w...


White House adviser: Trudeau remarks ‘betrayal’

Kudlow had been negotiating nicely with Trudeau at the summit in Quebec and the United States had agreed to join the joint communique , but Trump pulled out af...


Winner of $315 million Powerball jackpot comes forward in NJ

The first ticket that he scanned wasn't the victor, but the second ticket said "good". "I think your machine isn't working". The latest Powerball drawing offe...


'One time shot' for peace with North Korea: Donald Trump

The two leaders have a rare chance tomorrow to settle this 65-year stalemate once and for all. He describes the summit as "produced by Kim, directed by (South K...


Verizon names former Ericsson chief as new CEO

Vestberg's rise is a clear indication that Verizon, the biggest US wireless carrier, is prioritizing its network as it tries to take the lead in the race for fa...


KFC is experimenting with vegetarian fried chicken

As far as its secret blend of herbs and spices, KFC says all 11 of those ingredients will be on the new vegetarian option , too. In addition to the vegetari...


IHOP Is Changing Its Name to IHOB and Twitter Is Shook

What does the "b" stand for? The company has also held polls that allow people to guess what the "b" stands for and choices include biscuits, bacon, butternut...


Canada loses 7500 jobs in May but unemployment rate unchanged

But average hourly wages rose 3.9 per cent from a year earlier, matching a pace last seen in July, 2012. Despite the increase in the unemployment rate for the f...


Flying car start-up backed by Google's Page offers test flights

People interested in buying Flyers were invited at the website to apply for an invitation to do so, with no price specified. Interested in owning your own...


Trump will stay at G7 for women's rights, but not ecology

Macron made the remarks against U.S. President Donald Trump as he spoke with Canada's Prime Minister Justin Trudeau . Trudeau said he and Trump ha...


BT chief executive to step down this year

Patterson said 15 months ago that BT had been taken aback by the flak it had received about the company's customer service and its networks, and he vowed that i...


Navarro: Trump Correcting Trade Imbalances with Japan, Germany, Canada

The G7 joint communique, which advocates a "rules-based trading system", was reached despite tension over USA tariffs on steel and aluminium imports, reported...


Oil prices fall on dip in China demand, surging United States output

Brent pared losses late in the session, settling down 2 cents at $75.26 a barrel. India's oil minister said his Saudi counterpart told him the kingdom was...


This Trump G7 Press Conference In Quebec Was Something Else

When asked about his calls for Russian Federation to be reinstated to the Group of 7 nations, which had been expelled after it invaded Crimea in 2014, Presid...


ZTE to Pay $1.7 Billion Settlement to Come Back to US

New deal: Wilbur Ross, the USA commerce secretary, told CNBC that the agreement calls for ZTE to pay a $ 1 billion fine for violating trade agreements by de...


Elliott's Singer agrees with Buffett, Dimon on profit guidance

After several controversial statements about bitcoin , the chief executive of JPMorgan Chase Jamie Dimon again tells people to "beware" when trading in the...


Google CEO bans autonomous weapons in new AI guidelines

The secret program wasn't reported on in the past, Reuters reports , and it could help the U.S. deal with threats from North Korea and other nations with nucle...


Porsche Taycan is the Mission E's official production name

The Taycan has been dubbed the "Tesla-slayer" by some automotive journalists. The Taycan is expected to arrive in 2019 and start around $75,000. It also p...


Mira Sorvino Says She'll Celebrate When Harvey Weinstein Goes to Jail

The decision was made by the court that Weinstein will return to court on September 22 for a hearing on motions in his case. Dozens of other women have accu...


France's Emmanuel Macron Throws Down Trump Twitter Gauntlet: G7 Can Be G6

Macron called on other G7 leaders not to water down a joint communique at the end of the summit, at the expense of shared values, simply in an effort to win Tru...


Poundworld on brink amid talks with former Little Chef owner

The administration is expected to be handled by Poundworld's advisors Deloitte. Flacks, a U.S. firm which was linked to a bid at the weekend, is not regarded ...


Canada's trade deficit narrows as exports hit record $48.6B

As a result, the trade surplus with the United States grew to C$3.63 billion in April from C$2.03 billion in March. The United States ran a $68.3 billion defi...


European Commission Brexit proposals 'UNACCEPTABLE to union of the UK' warns May

Theresa May came up with the plan for a time-limited "backstop" if a trade deal is not in place by 2021. The British Brexit Secretary David Davis had threa...


Trudeau, Macron Say Trump Tariffs Are Illegal And Bad For Everyone

U.S. President Donald Trump is cutting short his first presidential trip to Canada this weekend, as trade and foreign policy disputes appear set to mar his ...


Heinz Salad Cream may become 'Sandwich Cream'

A spokesman for Heinz told trade magazine the Grocer that the name no longer "fairly represents the product's ingredients or usage occasions". The maker cla...


NTSB releases preliminary findings on March's fatal Tesla Model X crash

Bystanders managed to get the driver out of the auto before it was engulfed in flames, and he was taken to hospital where he died from his injuries. Tesla's ...


Kudlow says Trump considers separate trade talks with Canada, Mexico

He's sticking to his guns". President Donald Trump's chief economic adviser Larry Kudlow is defending tough trade action on China and USA allies, saying the...


Medicare finances worsening, trustees report warns

Indeed, the trustees of Social Security and Medicare forecast the program's reserves will be depleted by 2034, at which point it won't be able to pay full b...


Trump asks if Canada burnt down White House in call with PM

Canada did not become a nation until 1867. In its claim, Mexico accused the USA of using national security as an excuse to impose 25 percent tariffs on steel ...


Ethiopia's PM says ending war, expanding economic links with Eritrea key

But it is the prospect of peace with reclusive Eritrea that comes as the latest, and largest, surprise. The Algiers accord was signed between Ethiopia and Eri...


Lord & Taylor is closing its famous Fifth Avenue store

The company said its overall loss for the quarter came in at $400 million, compared to a loss of $221 million a year ago. After evaluating best use scenarios ...


No agreement yet between US, China on ZTE: Trump aide

The Commerce Department plans to amend its 2017 settlement agreement and count the $361 million ZTE paid as a part of that, allowing the United States to claim ...


Tentative ZTE Deal with U.S. Could Bring Fine to $1.7B

The deal reportedly calls for ZTE to pay $1.4 billion in additional penalties, on top of $361 million already paid. The Commerce Department plans to amend its...


Trump's Tariffs Could Cost U.S. 400,000 Jobs

The White House is expecting a chilly reception from Canada and West European countries, already frustrated over Trump's withdrawal from the Paris climate acc...