Archive | Markets

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Oil up as trade woes abate with Trump, Xi meeting

Earlier, reports out of Iran said the nation's Revolutionary Guards had downed a US "spy" drone in the southern province of Hormozgan. The dif...

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Apple considers moving 15% to 30% of its manufacturing out of China

There's no deadline for the move to other countries, and several different markets are being considered for the time being, including Mexico, In...

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Employees honor Island CEOs with Glassdoor nods

Glassdoor's Top CEOs in 2019 were determined using company reviews shared by UK-based employees between 2nd May, 2018 and 1st May, 2019. B...

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Adidas: EU court rules against three stripes trademark

Adidas had not proved the motif had acquired a " distinctive character " throughout the 28 countries of the bloc that would qualify for legal pr...

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Why are U.S. tourists dying in Dominican Republic?

Here's what we know and don't know about the mystery. Who are the Americans who died? According to Complex, 55-year-old Joseph Allen was ...

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IBM builds Pangea III, a powerful commercial supercomputer

The Pangea III, which leverages IBM's Power9 CPU-GPU architecture, will be used by French energy conglomerate Total Group (NYSE: TOT) for oil ...

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Qantas Points Club is aimed at "high buyers", not high flyers

Worldwide economy flights booked through Qantas with points will require a slightly lower amount, with more expensive flights and class upgrades...

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Kia Seltos unveiled in India

Features connected vehicle technology, will be free for the first three years. Other Kia models assembled at this facility include the large...

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Walmart Just Unveiled An Unlimited Grocery Delivery Subscription Service

Walmart has announced the service as competition for home grocery delivery continues to heat up. Shoppers can pick up orders for free at almost...

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National Basketball Association mock draft 1-15: Who will Pistons select?

But what about everyone else? Teams can only pay up to $5.2 million to buy draft picks in a calendar year. Since the Los Angeles Lakers agre...

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Trump believes he has authority to demote Fed's Powell

Along with the change in the policy statement , Wednesday's projections open the door for the central bank to lower rates in short order if the...

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Fed wary of economic clouds, but leaves interest rates unchanged for now

The Federal Open Market Committee, the central bank's rate-setting group, in its policy statement said it "will act as appropriate to sustain"...

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Elon Musk says he deleted his Twitter account, and we're all confused

Tesla lawyers can breathe a sigh of relief: CEO Elon Musk said he is deleting his Twitter account. Eventually, seemingly fed up with the ...

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USA lawmakers are moving to stop Facebook from launching Libra

Under this structure, Calibra's financial data will be separate from Facebook's social data or so we're told. Dubbed Libra , the cryptocur...

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'Credible evidence' ties Saudi prince to Khashoggi murder, UN expert says

Unlike many other news organizations, we have not put up a paywall. The murder sparked global outrage, including in Hollywood, where companies h...

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Air Serbia, Croatia Airlines and Adria among Europe's best

Ryanair also snuck in at 9th place as one of the top ten best low-priced airlines. Air Serbia, Croatia Airlines and Adria Airways have been n...

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Trump launches 2020 reelection campaign, calling U.S. 'envy of the world'

But those involved in the president's reelection effort believe that his brash version of populism, combined with his mantra to "Drain the Swamp...

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Euro TUMBLES against pound as Mario Draghi issues fresh European Central Bank policy warning

The ECB president set the tone for the institution's annual forum in Sintra, Portugal, by saying that if the outlook doesn't improve, and inflat...

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Facebook to launch new cryptocurrency, called Libra

What's most likely is that Libra coins will initially be used to store the savings of people in emerging economies that suffer from high infla...

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United Kingdom shares list in China in first for foreign firms

The two regulators joint announcement sets out high-level details of the scheme.The Shanghai-London Stock Connect will enable Shanghai-listed ...

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Boeing Just Got a 737 MAX Order From British Airways' Owner

Boeing climbed 3.5 percent to $367.21 at 11:28 a.m.in NY, extending gains after announcing the Max deal. "Once the world's regulatory bodies a...

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NJ man becomes ninth American tourist to die vacationing in Dominican Republic

Allen's sister, Jaime Reed told ABC that her brother was relatively healthy despite his sudden death. But depending on what the results show a...

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Newark Airport grounds all flights in Saturday afternoon emergency

United flight 627 became disabled on the runway after it "experienced multiple flat tires" upon landing at 1 p.m. from Denver , the airline sai...

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Huawei CEO expects sales to drop to $100 billion in 2019, 2020

Ren denied any efforts or plans to spy, and suggested the US action was motivated by a desire to check a fast-growing Chinese company. A month...

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Canada to allow the sale of cannabis edibles late this year

That means that pot-infused brownies, beverages or lotions won't be available for legal sale until December 17 at the earliest. "I encourage adu...

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Amazon sued for recording children's voices via Alexa

Amazon insists that they are adhering to the Children's Online Privacy Protection Act (COPPA). "Every recording that is made of a child, by ...

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All new Toyotas will have automatic parking from 2020

For the moment, Toyota has not specified which models will the first to benefit from the new functions, but we expect it will make that known so...

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Chewy IPO Raises More Than $1 Billion

The initial public offering of more than 5.6 million shares of Class A common stock was priced between $19 and $21 per share. According to a c...

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Plane landing at Newark airport blows tires, skids on runway

Flights were briefly halted at New Jersey's Newark airport on Saturday after a plane skidded off a runway while landing, but no one was hurt...

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Uber Could Soon Deliver Big Macs By Drone, Starting In San Diego

Uber and Volvo Cars entered a joint engineering agreement in 2016 and have since developed several prototypes aimed at accelerating the compan...

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