Markets

Tesco and Carrefour plan 'strategic alliance' of retail giants

Alexandre Bompard, chairman and CEO of Carrefour, described the alliance as a "major agreement" that combines the purchasing expertise of two world leaders, "co...


Amazon Prime makes spirits brighter with free alcohol delivery in Dallas

They will be charged for all of the items if they don't return the box within the time period. Amazon (NASDAQ: AMZN ) announced on Wednesday that it is rele...


Mexico election: Andres Manuel Lopez Obrador wins presidential vote

U.S. Commerce Secretary Wilbur Ross told CNBC that Mexico "needs some sort of an arrangement" given its dependence on American consumers and businesses, havin...


Leftist Lopez Obrador Wins Mexico Presidential Election: Exit Polls

Motorists are cruising up and down the central Paseo de la Reforma honking horns to the tune of "Viva Mexico!" and waving Mexican flags from auto windows and mo...


European Union warns Trump that auto tariffs could lead to $300B retaliation

The European Union has warned the United States that placing tariffs on automobiles would end up hurting the us economy and would probably result in retaliator...


Amazon Program Aims To Boost Delivery Services

Amazon.com is asking small business-owners to help deliver its goods, seeking to reduce its reliance on the U.S. Postal Service and other major delivery servic...


Five Years After Going Private, Dell Is Going Public Again

The elimination of the tracking stock is aimed at simplifying Dell's complex ownership structure without overburdening its balance sheet, which bears around $ 5...


Cavaliers owner Dan Gilbert thanks LeBron James in statement addressing his departure

Hours after the announcement, the Cavaliers issued a statement from chairman Dan Gilbert, thanking James for leading the team to the National Basketball Assoc...


Is Donald Trump on a relentless quest to corner Iran?

India insists it will make sure its energy security is not compromised and a call on Iran oil imports will be guided by its own interests. Top US Treasury and...


Guess what Elon Musk emailed his workers

Below is a reformatted version of an email sent that Tesla Inc. Musk also revealed that the company produced 2,000 of its more expensive Model S and Model ...


Defeat to Belgium sets up England's 'biggest game for decade,' says Southgate

Fast-forward a few months and intelligence gathered on that fact-minding mission to the United States played a small part in influencing preparations for the Wo...


Move over UPS truck: Amazon delivery vans to hit the street

Amazon uses the USPS for an estimated 40% of its last-mile deliveries , paying bulk pricing. In return, Amazon gets more ways to ship its packages to shoppe...


Tata Steel approves European steel joint venture with Thyssenkrupp

Tata Steel and Thyssenkrupp have agreed a merger that will create Europe's second-biggest steelmaker, after Arcelor Mittal. "It is the only solution to create s...


Iran asks OPEC to 'refrain' from unilateral production hikes

Iran on Sunday asked fellow OPEC members to "refrain from any unilateral measures" to increase oil production beyond the 1 million additional barrels of crud...


Crew Member Missing After Going Overboard NCL Cruise Ship

But the following day - about 22 hours after the crew member was seen going overboard - the missing crew member was seen in the water by someone on the Carniv...


Donald Trump, Saudi king discuss oil markets, no mention of production plans

In a morning tweet from his private golf club in Bedminster, N.J., Trump said he made the request during a conversation with Salman, citing the "turmoil" and dy...


Thyssenkrupp, Tata Steel seal landmark steel joint venture deal

Since tariffs were announced in late May, shares in European steelmakers ArcelorMittal , Thyssenkrupp, Salzgitter ( SZGG.DE ) and Voestalpine ( VOES.VI ) have ...


Britain faces shortage of crumpet

Just one of its plants - at Eastwood in Nottinghamshire - has been operating normally, it said. Suspension of crumpet production at the sites - in Enfield, L...


Enbridge says Line 3 work may start in November

The pipeline company was given 60 days to negotiate a settlement with the Fond Du Lac Band to determine routing on a short piece of the pipeline that crosses it...


Trump Says Saudi Arabia Will Increase Oil Production at His Request

They also discussed "efforts by the oil producing countries to compensate for any potential shortage in supplies", it added. It did not elaborate. "Prices too...


Vancouver restaurant manager fired for refusing service to customer wearing ‘MAGA’ hat

In a statement , Sequoia Company of Restaurants, which owns the Teahouse in Vancouver said it fired the manager for violating its "philosophy of tolerance". T...


Saudi to raise oil production by 2mn BPD

The higher gas prices are a serious GOP concern as the midterm elections approach. So even though refiners welcomed the news on biofuel mandates, the spike in o...


Chevy Volt charges in half the time of last year's model

Updates to the 2019 Chevrolet Volt will help experienced electric-car drivers maximize their electric driving and minimize the times the gas engine needs to r...


USA oil prices hit a four-year high over Iran fears

Due to its price competitiveness, domestic refiners and petrochemical firms prefer Iranian condensate. Iraq is the only OPEC member which has experienced a si...


Today Could Be the Busiest Travel Day Ever for TSA

Each day this summer, the airlines expect to fly 2.7 million passengers , up from 2.5 million on average last summer, according to the trade group Airlines for...


Alberta trade minister supports retaliatory tariffs

Canadian Prime Minister Justin Trudeau speaks on June 9 at the conclusion of the G7 summit in La Malbaie, Quebec. The federal support package includes similar...


Trump Asks Saudi Arabia to Increase Oil Production

His comments come as oil prices have edged higher as his administration pushes U.S. allies to end oil purchases from Iran . Investors are betting Saudi Arab...


Crude oil futures up 0.24 pc on overseas cues

Opec and non-Opec partners, including Russian Federation, have since 2017 cut output by 1,8 million barrels per day (bpd) to tighten the market and prop up pric...


Oil rises as market anticipates U.S. sanctions on Iran

Vienna-based consultancy JBC Energy said the stronger the implementation and enforcement of USA sanctions, the higher the oil price will go. If so, such a boo...


Passengers booted from flight over 'airplane mode' dispute

According to Rogers, the flight attendant stood over her "menacingly" after asking her to put her phone onto the right setting. The flight attendant reportedl...


Adidas warns U.S. customers about a possible data breach

The passwords were stored with an encryption, however, which would need to be unencrypted before they could be used. The sportswear company did not include a ...


Toys R Us closing its last stores

Another poster has a letter from Geoffrey that reads: 'One day, all of us will get separated from each other. Late past year, Toys R Us filed for bankruptc...


Trump praises Apple at groundbreaking for Foxconn's USA plant

During a speech held after the ground breaking ceremony, Trump said, "As Foxconn has discovered, there is no better place to build, hire and grow than right her...


Mazda joins Toyota in decrying possible auto tariffs

The company noted that Trump has repeatedly praised the automaker for investing in the United States, including a new $1.3bn joint venture assembly plant in Ala...


Indians' money in Swiss banks rises 50% in one year

Despite the decline, the money held by Pakistani nationals and entities remains above that of Indians, which rose by over 50 percent to CHF 1,015 million (about...


Looming beer shortage risks leaves World Cup fans gasping

We are now working hard with our suppliers to minimise the impact for our customers and to optimise availability with the stock that is available". The news f...


Amazon Wants You to Start a Business As a Package Delivery Driver

They don't have to lease the Amazon blue vans, but if they do, those vehicles can only be used to deliver Amazon packages, the company said . A man holdi...


Boeing Unveils Hypersonic Concept Aircraft

A passenger jet flying at hypersonic speeds could revolutionize air travel by cutting down a transatlantic flight from NY to London from seven hours to two. "Fo...


Motor industry chief warns over impact of Brexit on investment

However, the SMMT and other industry representatives have expressed concerns that, even allowing for a transition period, the government's stated ambition inclu...


China eager to defuse trade pressures

The Dow dropped 0.7 percent and the S&P 500 shed 0.9 percent while the tech-heavy Nasdaq Composite lost as much as 1.5 percent. Separately, top US economic ad...


Elon Musk accused of stealing artist's farting unicorn design

Elon Musk , Grimes' new boyfriend , is the CEO of Tesla and SpaceX and a billionaire. Tesla chief executive Elon Musk has been accused of using an image of...


Florida marketing firm Exactis leaks info of 340 million people, businesses

But if the revelation that Exactis left 340 million records accessible to anyone who searched for it is any indicator, they aren't particularly good at prot...


United States to limit Chinese investment in American tech firms

The defense secretary will hold talks with two senior Chinese generals in charge of the People's Liberation Army after a welcoming ceremony Wednesday at the Chi...


Northern Ireland customers understood to be hit by Ticketmaster data breach

It went on to say: "As a result of Inbenta's product running on Ticketmaster International websites , some of our customers' personal or payment information ...


Pilot's Mistake Triggers 'Nightmare' for Passengers

The pilot had entered a hijack alert by mistake, which sent Port Authority Police Emergency Services unit aboard the plane, sources told The New York Daily N...


United States finishing study on taxing European Union auto imports

In response to the tariffs being imposed against the foreign lands by the US; Mexico, European Union, China, India, and Canada are about to reciprocate in a si...


Instagram Lite Offers Photo Sharing on Android for 1/55th the App Size

Needless to say, that's pretty impressive. The new app is now only available in Mexico, but it is described as "a simple way to capture and share the world's ...


Rupee touches all time low, crosses 69 per dollar mark

At the interbank foreign exchange market, the rupee opened at 68.87 a dollar against 68.61 previously and sank to 69.10 in morning deals, falling 49 paise. Hi...


Is Turkey Still a Democracy? Erdogan Assumes New Powers

A night of triumph for Erdogan saw the man who has dominated Turkey for the last 15 years declared victor of Sunday's presidential poll without needing a seco...


USA walks back China tech investment restrictions

Mnuchin noted that the House approved by a lopsided vote legislation to enhance the powers of the committee that decides whether foreign investment would pose a...