Markets

Facebook suspends USA data analytics firm amid concerns of policy violations

Facebook said it was looking into whether some of these deals were in violation of its policies on surveillance. Though he did not specifically mention Facebook...


Amazon Prime Day shopping topped $4 billion, analyst estimates

Amazon reportedly starting having issues as soon as Prime Day began. The recently launched Vodafone Youth Offer on Amazon Prime in India also encouraged the...


Pharmacist Fired for Refusing to Fill Transgender Woman's Hormone Prescription

When she called her doctor's office to explain, the prescription was sent to a nearby Walgreens, where it was filled "without question". "I was finally going ...


Gold slips to 1-year low

The pan-European FTSEurofirst 300 index rose 0.60 percent, hitting a one-month high. With unemployment near a 20-year low and inflation around the Fed's 2% targ...


Sergio Marchionne stepping down as CEO of Fiat Chrysler

In order to accelerate the CEO transition process, the board has named Mike Manley as CEO. Fiat Chrysler chief Sergio Marchionne is to be replaced permanent...


Illness forces Marchionne out of Ferrari

Ferrari announced that Louis Camilleri, an Egyptian-board Maltese and longtime executive at Philip Morris International, the tobacco company, was chosen to be ...


Burberry burns unsold products and not everyone is buying why

In 2017, Burberry destroyed £28.6m worth of unsold clothes , accessories and perfume. It is also collaborating with veteran British designer Vivienne Westwoo...


New Zealand company switches to four-day working week

When his board votes on making the four-day workweek a permanent policy next week, he said, "they will pass it". The second researcher, Helen Delaney at the Uni...


McDonald's giving customers free fries for remainder of year

And don't expect to walk out of the store with nothing but free fries: the deal requires a minimum purchase of $1. Customers will be able to get an order of...


BA’s IT problems cause further disruptions at Heathrow

British Airways has apologised after IT issues caused dozens of flights in and out of Heathrow Airport to be cancelled, described by one passenger as "complete ...


After year-long protest, sanitary napkins exempted from GST

Ahead of the Rakshabandhan festival, which celebrates the brother-sister bond, Rakhis have also been exempted from GST. All leather items will now attract a GS...


China says US blaming Xi for blocking trade deal is 'bogus' - International

He added that lower-ranking officials want a deal, including Xi's top economic adviser Liu He , but Xi has refused to make changes to China's technology trans...


Donald Trump willing to slap tariffs on all Chinese imports

After the interview, Mr Trump reiterated criticism of the Federal Reserve's planned interest-rate hikes, posting on Twitter that the tightening policy would dim...


Boeing claims air-show victory against Airbus

It was seen as evidence that both giants were anxious to boost their tallies. Despite the blackout on names, one piece of air show drama was still buzzing on ...


Oil prices fall after surprise rise in US inventories

Another sign the marker abounds with crude came in the form of US president Donald Trump's administration reportedly considering selling 5 million to 30 mi...


Earlier governments, Sonia Gandhi failed to fulfil promises, says PM Modi

It was not easy to reach those villages but a dedicated team of people did it. "This was quite unfortunate", he said. In April, Modi announced that the Rs 76,...


Australia: A very positive June month for labour force - Westpac

The unemployment rate was steady at 5.4 per cent, falling just 0.1 percentage points since the start of the year. Both Labor and the Coalition have been rampi...


Russian Federation ‘helpful’ in enforcing sanctions on North Korea - Pompeo

If the path to get there is "not easy", it is "pretty straightforward", Pompeo said . A United Nations sanctions resolution adopted last year set ceilings ...


Stock value of Amazon reaches $900 billion

The minor decline in the stock followed confirmation from Amazon that its 2018 36-hour Prime Day event, had been its most successful on record. In the 21 years ...


US launches national security probe into uranium imports impact

USA uranium producers Energy Fuels Inc . and Ur-Energy Inc. filed a petition in January requesting an investigation under section 232 of the 1962 Trade Expans...


Trump threatens tariffs on all $500B of Chinese imports

S&P 500 futures fell by 0 .3% in response to the comments and Dow Jones Industrial Average futures fell 0.4% shortly after the news. Earlier this month, the U...


Trump sharpens criticism of Fed interest rate hikes

The comments sent USA markets sliding early Friday. "I'm ready to go to 500", U.S. President Donald Trump told CNBC's Joe Kernen in a " Squawk Box " int...


Microsoft powers to record highs as cloud sales soar

As usual, it was Microsoft's commercial cloud segment that covers Azure , Office 365 , and Dynamics 365 that was responsible for a huge chunk of the revenue...


‘Ready to go’ with $500 billion in tariffs on China

In a taped interview with the business channel CNBC, Trump said "I'm willing to go to 500", referring roughly to the $505.5 billion in goods imported previous...


Trump tells Fed not to raise rates

President Trump has taken the unusual step of commenting on Federal Reserve policy by suggesting that the central bank could derail America's booming economy i...


Trump's threat of tariffs on all $505bn of Chinese imports knocks markets

Trump told CNBC in an interview broadcast Friday, referring to USA trade with China. " I'm not doing this for politics, I'm doing this to do the right thing f...


Oil Rises as Saudi Forecast a Decline in Export in August

He said, "It will be India's sovereign decision". China has indicated that it would not honor the United States sanctions. Against this background, Japane...


Trump says 'not thrilled' about interest rate hikes

Feroli also noted that the easiest way for Trump to bend the Fed to his political will would be to fill the Federal Reserve Board of Governors with members...


Trump criticizes Federal Reserve over interest rate hikes

Outside of his comments on the Fed, Trump touted the rising USA dollar as superior to the euro and China's renminbi, which are dropping. The U.S. central bank...


Boris Johnson launches attack on Theresa May's Brexit plan in British Parliament

It is rare for ministers to deliver such a speech in Parliament. He said he could neither support nor accept the Brexit vision which he and other Cabinet me...


Surprise stall for inflation raises questions over interest rate hike

ONS head of inflation Mike Hardie said: "Consumers have been feeling the benefit of the summer clothing sales, and computer game prices have also fallen". Month...


Amazon’s Jeff Bezos is world’s richest person in modern history

As Amazon marked its "Prime Day" with price cuts across a range of products, founder and chief executive Jeff Bezos saw his net worth hit new peaks, increas...


AirAsia is world’s best low-priced airline for 10th consecutive year

Singapore Airlines has been named the world's best airline for the fourth time at the 2018 Skytrax World Airline Awards , which bills itself as the "Oscars of...


Elon Musk Apologizes for Calling Thailand Rescuer a Pedophile

Elon Musk stated in his tweet , "that the fault is mine and mine alone". Elon Musk has apologised to the British diver he branded a " pedo " in a Twitter...


Microsoft, Walmart enter multi-year AI deal to take on Amazon

While the terms of the deal were not disclosed, Walmart said it is now embarking on a broad set of cloud innovation projects that leverage machine learning, A...


Boeing Says US-China Trade Spat a Concern for Aerospace World

DHL Express will purchase up to 21 new Boeing cargo planes in order to meet booming demand for its e-Commerce delivery services, the German logistics company a...


European Union signs biggest ever trade deal and attacks Donald Trump

Although the leaders didn't mention him by name, Japanese Prime Minister Shinzo Abe and European Union leaders Donald Tusk and Jean-Claude Juncker distanc...


Papa John's founder calls resignation a 'mistake'

It also removed his image from all marketing materials and is requesting he stop making appearances. Schnatter sent the memo over the weekend, criticizing t...


EU, Japan sign major trade deal in 'message against protectionism'

He said the partnership is being strengthened in various other areas, including defence, climate change and human exchange, and is "sending a clear message" aga...


May sees off rebellion on customs union as amendment is defeated

He said that he had taken the "very hard decision" to resign "to express discontent" in votes. "I say that's not acceptable", she told BBC television. Britain...


Japan, EU eliminating most tariffs in trade deal

The ambitious pact signed in Tokyo runs counter to President Donald Trump's moves to hike tariffs on imports from many USA trading partners. Juncker said ...


Poundworld stores in Portsmouth and Havant to close next week

The Rotherham store is on Howard Street. Luton and Dunstable's Poundworld stores will remain open for now, despite 145 shops closing across the country. 'We w...


International Monetary Fund warns of rising risks to global growth as trade tensions loom

However, while the International Monetary Fund continues to project global growth rates of 3.9% for both 2018 and 2019, it warned that the risk of worse outcome...


Netflix Shares Crash After New Subscriptions Fall Short of Expectations

Second-quarter revenue was $3.91 billion, which was slightly lower than the $3.94 billion predicted by analysts. Netflix's explosive growth may be starting ...


Amazon down: Prime Day takes down Amazon website

Welcome to our guide to Amazon Prime Day 2018 - where we've gathered the very best deals on offer for gaming and TV watching. Amazon seems to want you to ...


Coupon dispute prompts white CVS manager to call police on black woman

The video shows the manager talking to police on the phone. At least two officers arrived, but "nobody generated a report ", police tell BuzzFeed . In the ...


Netflix plunges 14% after it misses expectations on revenue and subscriber additions

Analysts were expecting 6.3 million - 1.2 million in the United States and 5.1 million internationally, according to Bloomberg. "We had a strong but not stell...


Amazon's Prime Day runs into snags swiftly

At the bottom of this post, you'll also find all of our Prime Day coverage, but your best place to get started is our roundup of the best Prime Day 2018 gamin...


‘Something Went Wrong On Our End’: Amazon’s Website Crashes On Prime Day

Not to mention that if you spend more than $100 on Target's website, you qualify for free six-month same-day delivery through Shipt. CNET's Dan Ackerman joins...


As trade war rages, Trump flags fly out of China factory

European Council President Donald Tusk called for joint efforts from China , the United States and Russian Federation to avoid trade wars and to reform the W...